Matters can not, and will not, get better...the country is gone, it is no longer alterable...Past Fed actions have already released the inflation genie into the system. When he decides to explode no one can predict, but an explosion is inevitable...[and then we will have] rioting in the streets. [Let me explain our cuurent situation, what is developing and what will eventually unfold.] Words: 1075
Read More »Search Results for: hyperinflation
Fleckenstein: How Can So Many People Who Believe in Santa Claus, the Easter Bunny and Goldilocks Be Employed on Wall Street? (+2K Views)
We are going to get more money printing...[yet,] somehow, guys who want to buy stocks at 1,400 on the S&P all conclude that the Fed is going to stop easing...I just don't understand [when] the consequences of money printing are going to be more inflation and the metals (gold and silver) are going to be a big beneficiary of that.
Read More »We Are Heading Deeper and Deeper Into Fiscal Insanity! Here's Why
The definition of insanity is to continue doing something that goes wrong, without contemplating that there could be a different course of action...[and we] are heading deeper and deeper into insanity...we are just getting deeper and deeper into problems leaving our children and grandchildren with loans that could well take decades to finish (paying) off. I fear we are now stoking up the conditions, at some point in the future, for serious inflation.
Read More »U.S. "Deficit Disorder" Means Broken Promises + Even More QE! Here’s Why (+2K Views)
One of the problems with the debate over the “national debt” is that there’s no generally agreed upon definition of that term. Is it what the federal government owes, or what it owes foreigners, or what the whole country, private and public sector together, owes? Does it include off-balance-sheet items and contingent liabilities? There’s a hundred-trillion dollar gap between lowest and highest on this spectrum, which allows each commentator to confuse the rest of us by picking the measure that best suits their point of view. [Let's try to decipher the true state of the nation.] Words: 1468
Read More »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 »6 Bull Market Sectors at Risk of Becoming the Next Big Bubbles
As those familiar with the basics of Austrian economics can attest, an increase in the supply of money and credit [often leads to] asset bubbles in whatever sector(s) the new money and credit find their way into. With the U.S. economy so robust it will not go down easily and, as such, there is still the possibility that the Fed's radical inflationary policies will not break the dollar, but just kick the can down the road one more time, and unleash one more bubble before the bill for 40+ years of monetary madness is finally due. What sectors are most likely to be the recipient of a bubble? [Let's look at the possibilities.] Words: 1212
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
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