Larger allocations to gold are merited, then silver and investors should consider very small allocations to platinum and palladium.

For many years I have warned people about the coming risks and changes that the world will experience. Very few people are aware of these risks and even fewer understand them. In this piece, I will make an attempt to summarise what I see coming.

Pushing the big problems into the future appears to have been the working strategy for both the Fed and recent Administrations, yet the U.S. dollar and the budget deficit do matter, and the future is at hand. The day of ultimate financial reckoning has arrived, and it is playing out. Words: 1096

According to the just-released latest quarterly household debt and credit report by the NY Fed, Americans' debt rose to a new record high in the fourth quarter on the back of an increase in virtually every form of debt: from mortgage, to auto, student and credit card debt (although HELOCs posted a tiny decline). With interest rates on household credit rapidly rising, and with no savings to fall back on, this is a recipe for disaster.

History tells us we should expect higher stock prices in the next quarter, mid-year, and by the end of 2018. The trillion-dollar question is, “When will this all end?”

The market is now officially in the largest bubble relative to the economy in history according to the stock market capitalization to GDP ratio, which, incidentally, is Warren Buffett's favorite means of valuing stock.

Some nasty dark clouds are forming on the financial horizon as total world debt is increasing nearly three times as fast as total global wealth.

The U.S. and global economies will contract to a level we have never experienced before. We are most certainly in unchartered territory. The GRAND FACADE will come crashing down to the shock and surprise of the masses. Here is my analysis and the reasons we are heading towards a cliff. Words: 1171

In the following infographic we look at 5 occasions when currencies crashed in a big way.

From the beginning of 1990 hyperinflation has occurred in 28 countries around the world on a total of 35 different occasions of which 17 occurred during 1992 alone.