The U.S. government is in what is known as a "debt death spiral". They must borrow money to repay prior debts. It is as if they are using their Visa Card to make an American Express payment. The rate of new debt additions dwarf any rate of growth the economy can possibly achieve. The end is certain, only its timing is unknown, and, once interest rates begin to rise, and they will, it's game over.

People ask me all the time where the price of gold is headed. I do not pretend to know, especially in the short-term. However, I understand the fundamentals and Roubini clearly doesn't, nor does he have a clue about money or what causes economic growth...In fact, having just read Nouriel Roubini's seven point analysis on the Bursting of the Gold Bubble, I am of the opinion that he doesn't get even one of the seven points correct. In this article I offer a point-by-point rebuttal.

Roubini expects gold will fall below $1,000/oz. Here's why.

[To repeat,] Canada's concentrated bet on real estate and construction, while creating jobs in the short term, is putting Canadian economy at greater risk in the future [and, with it unlikely that] Canadian households will significantly increase disposable income in the near future, any deleveraging could therefore prove to be quite painful.

The rich are getting richer and that’s good news for everyone. I’ll tell you why in a minute. First, let’s look at where the millionaires are — and where their number are growing the fastest.

Time for another sentiment update 0n what the various surveys and committment of traders have to say about the future price expectations for the U.S. stock markets, U.S. Treasury bonds, various currencies and a wide range of commodities including gold and silver. "And the surveys say...!"

What would happen to the market/spot price of gold if central banks around the world diverted their foreign currency reserves – almost $11 trillion's worth – into gold. Using James Turk's Gold Money Index the "fair" gold price would be $10,783/ozt.

The paper gold scam is starting to unravel, and by the time this is all over it is going to be a complete and total nightmare for global financial markets. [Let me explain why I hold that view.] Words: 2194

After almost three years of churning bumper profits from the massive price gap between the world's two most actively traded crude oil contracts, traders, refiners, railways and investors are all asking the same question: Is the Brent-WTI spread game finally coming to a close?

The following is a 'to be forewarned is to be forearmed' commentary. Should those with bank deposits in the...European Union be concerned about the possibility of a 'Cyprus event' coming 'soon to their neighbourhood'?...What about bank deposit confiscation in Canada?...[T]his is something to...consider and 'think about'.