Friday , 1 November 2024

Search Results for: economic collapse

A Financial Crisis in 2012 is Inevitable! Here’s Why

2012 is shaping up to be the blockbuster main event of the ongoing financial crisis. Massive amounts of new debt, vast quantities of additional digital dollars and the spark of higher interest rates will set off version 2.0 of the credit-driven financial implosion. Let me explain. Words: 1954

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Weiss: A Financial Apocalypse Awaits America!

I have great confidence in mankind’s ability to ultimately overcome even the most extreme of crisis but at this juncture, however, America has yet to begin that arduous process. We live an unrealistic lifestyle on borrowed money and borrowed time. [As such, we are on the brink of] a looming crisis with the power to crush the U.S. economy. Unless Washington makes a 180-degree turn, we face a catastrophe that could end our way of life as we know it. Words: 870

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All These Indicators Suggest Gold & Silver Fireworks About to Begin

The gold bull is now on the verge of launching the most spectacular up-leg of this 10 year bull market. This spring we should see the final parabolic rally of the massive C-wave advance that began in April `09...[taking gold up a further 15% or so to approx. $1650, silver up a further 40-45% to as high as $50 and the HUI up to somewhere between 800 and 900 (i.e. +40-60%). Let me explain the specifics:] Words: 1216

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What You Need To Know Before Jumping Into Gold And Silver

As the global economy becomes increasingly unstable investors all over the world are flocking to gold and silver which has sent the price of gold to a record high. With many analysts projecting that prices for precious metals will continue to soar throughout 2011 investors are euphoric. Does that mean, though, that everyone should just suddenly jump into gold and silver? No, it does not. Precious metals are not for everyone. Just like any other kind of investing, it is absolutely crucial that you get educated before you get involved. Below are 10 things you should know before jumping into the precious metals market. Words: 1156

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Why You Should Buy Physical Gold NOW!

Official figures released recently by the World Gold Council have confirmed that the annual demand for gold in 2010 rose by 9%, a ten year high, suggesting that the current price is not only sustainable but likely to increase further. Indeed, if you want to protect what you have and want to be sure that you are left with something for your future survival then get into gold now. It is the inflation proof investment that is like fire insurance for your personal wealth. Exactly like fire insurance, do you think you should buy it before or after the event? Words: 702

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America: The 42nd Most Unequal Country in the World!

Remember the song by The Barenaked Ladies called "If I Had a Million Dollars"? Well, if you were one of the many ultra-wealthy around the world who were worth billions (see list) and earns billions of dollars each year, year after year, where could you possibly spend such riches? Well, frankly, even being very extravagant, it actually is surprisingly difficult to spend that much money - and there's the rub. While this article, on one hand, outlines where and how a billionaire could make a small dent in his fortune (the uplifting part) it outlines, on the other hand, just how concentrated wealth is in the U.S. these days and the adverse effect such a concentration is having on our society. Words: 2156

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The Day of Gold-Plated Public Sector Pensions are Numbered (+2K Views)

The ‘workforce elite’ in America today are public sector employees and they, led by state and municipal unionized workers, are now in open revolt to preserve their special status, and the status quo. Wisconsin is the current case study in what happens when the government, a monopoly service provider, confronts the fact that the taxpayer is tapped out and can’t take it anymore – and there simply isn’t enough money anymore. Those realities are going to result in major adjustments in worker incomes, future pensions and benefits and their overall standard of living. Let me explain. Words: 2137

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Goldrunner: Martin Armstrong vs. His Own Model (+3K Views)

Martin Armstrong has stated his expectations for Gold and the PM Sector to fall into the June period and to continue to correct into October based on his Economic Confidence Model. The fractal work that I do off of the 70’s Precious Metals Bull market and other areas of the charts does not agree with his expectations. Thus, in this writing I take a look at how the Precious Metals Sector has performed in reference to Mr. Armstrong’s Model “bottoms” themselves. Words: 1482

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