Around this point in the fractal cycle in the late 70’s, Gold busted out of its channel to rise sharply higher, along with Silver. Silver’s channel top will lie up around $68 to $70 over the coming months which we believe will be reached in 2012. The next higher angled resistance bands for Silver run from $112 to $115, and then up at the $123 area. By the end of the Silver Bull, we expect to see Silver reach $500+. Words: 1765
Read More »Search Results for: deflation
A Message to Newly Minted (or Potential) Gold Bugs (+2K Views)
I was taught years ago that "gold is not about price... gold is about value." Be measured, be balanced and don't make more of it than it is. Gold is just a tool, an anchor to sound money; to value. [Let me explain.] Words: 1120
Read More »Ignore Guru Opinions: 66% Get It WRONG More Than 50% of the Time! Here’s How They Compare (+2K Views)
Can experts, whether self-proclaimed or endorsed by others (publications), provide reliable stock market timing guidance? Do some experts clearly show better intuition about overall market direction than others? [NO is the answer to the first question and YES to the second. Let us explain how we came to those conclusions.] Words:360
Read More »Rising Inflation Expectations Reflect Brighter Economic Growth – Here's Why
Higher inflation expectations and the outlook for growth are still closely linked. This may be a revelation in some circles (or ignored or even damned in others), but it's been reality for several years now. [Let me explain why such is the case.] Words: 388
Read More »Major Inflation is Inescapable and the Forerunner of an Unavoidable Depression – Here’s Why (+3K Views)
Whether our current economic crisis will end with massive inflation or in a deflationary spiral (ultimately, either one results in a Depression) is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important in regard to taking actions which can prepare and protect you and your family. [Here is my assessment of what the future outcome will likely be and why.] Words: 1441
Read More »U.S. Financial Problems Have Horrendous Implications for Markets and Systemic Stability – Here’s Why (+2K Views)
Systemic-solvency and liquidity issues continue to plague the Fed and to restrain U.S. economic activity. Bank lending remains impaired, household income has taken a new hit, annual and monthly growth in the broad money supply appears to be stalling, again and U6 unemployment levels are at staggering levels. These ongoing financial problems have horrendous implications for the markets and systemic stability. [Let me explain.]
Read More »An Inflation Inferno is Expected – but When? (+4K Views)
Daniel Thornton, an economist at the Federal Reserve Bank of St. Louis, argues that the Fed’s policy of providing liquidity has “enormous potential to increase the money supply,” resulting in what The Wall Street Journal’s Real Time Economics blog calls “an inflation inferno.” [Personally,] I think it’s too soon to make significant changes to a portfolio based on inflation fears. Here's why. Words: 550
Read More »Asset Allocation: How Sound is the Foundation of Your Portfolio Pyramid? (+2K Views)
Regardless of the size of your financial pyramid, without a core-holding foundation, you are building it on sand. Core holdings are for protection, not for profit. They function as insurance against a catastrophe. [Let me explain.] Words: 754
Read More »Debt and the Santa Claus Principle (+2K Views)
"An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when this fountain is drained off: The Santa Claus principle liquidates itself." [This article discusses the reality of the current economic crisis and] what is required to revive the economy. Words: 1666
Read More »Events Accelerating Towards an Ultimate Dollar Catastrophe! Here's Why
With the U.S. election just six months off, political pressures will mount to favor fiscal stimulus measures instead of restraint. Such action can only accelerate higher domestic inflation and intensified dollar debasement culminating in a Great Collapse - a hyperinflationary great depression - by 2014. [Let me explain why that is the inevitable outcome.] Words: 2766
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