Friday , 27 December 2024

Search Results for: hyperinflation

Update: These 113 Analysts Believe Gold Will Go Parabolic to $3,000 or More! (+10K Views)

More and more economists, analysts and financial writers, 122 in fact, have taken the bold step of projecting the price at which gold will achieve its parabolic peak with 6 individuals claiming that the peak price will be realized sometime in 2011. Some have adjusted their previous prognostications higher given gold's strong advance again in 2010 while others have jumped aboard what has become a bandwagon of optimism. The majority (84) maintain that $5,000 or more for gold is possible. Words: 826

Read More »

Update! These 86 Analysts Now on $5,000 Gold Bandwagon (+12K Views)

126 analysts have now written articles in which they put forth their projections for the eventual peak price of gold complete with their rationale for such occurring. Of those 126 prognosticators 86 maintain that gold will go as high as $5,000 per ozt.. Take a look at who is projecting what, by when, and why

Read More »

Will This Be The USA in 2012?

The economic condition of the country continues to decline toward its rendezvous with an, as yet, unknowable catastrophe. Here is... a look (not a prediction) at a series of not improbable events that could develop [and which] would change our economic world overnight. Words: 1550

Read More »

McGuire: $10,000 Gold is a Distinct Possibility! Here’s Why (Almost 6K Views)

In stormy times, investors look for something solid to hang onto—something like gold. The World Bank president himself, Robert Zoellick, suggested in November that the world’s economies could use the old reliable metal to help stabilize their currencies. For these and many other reasons gold has nowhere to go but up. [Let me explain.] Words: 1465

Read More »

Ignore Your Financial Advisor: It's Time to Own Gold Not Stocks – Here's Why

I know quite a few people who are still invested in the stock market – if not up to their necks, then certainly for a lot of money. They smile knowingly and say, “Do you know a better place to have made money in 2010?” The answer is, “Yes – gold”, which is where I’ve been. Nevertheless, they do have a point: had I held less cash – and added Stocks to my portfolio – last year would have been even better than it was for my... [investment portfolio. That being said, I'm staying] out of the stock market until the FTSE reaches 3000 [and/or the Dow reaches 6,000 and/or so the S&P 500 reaches 600!] Words: 975

Read More »

How To Prepare For The Coming Financial Apocalypse (+2K Views)

It is becoming increasingly apparent that the U.S. economy is heading for complete and total disaster - a financial apocalypse. State and local governments across the nation are uncontrollably bleeding red ink. The federal government has accumulated the largest debt in world history.... Incomes are down, unemployment remains at depressingly high levels and very few of our politicians seem to have any idea how to fix things. Yes, things are really, really bad. So what are some things that we can all be doing to prepare for the coming financial apocalypse? Words: 1598

Read More »

Holding Physical Gold Is Absolutely Critical To Your Financial Survival! (+8K Views)

We now live in a world where governments print worthless pieces of paper to buy other worthless pieces of paper that combined with worthless derivatives, finance assets whose values are totally dependent on all these worthless debt instruments. Thus most of these assets are also worth-less and the world financial system is a house of cards where each instrument’s false value is artificially supported by another instrument’s false value. The fuse of the world financial market time bomb has been lit. There is no longer a question of IF it will happen but only WHEN and HOW. Words: 1650

Read More »

Europe Has Its PIGS, America Its CAIN and Un(Abel) – Both Will Be Good For Gold

In Europe, they were able to come up with a clever moniker, PIGS, to succinctly represent [and name the countries in dire financial straights - Portugal, Iceland, Ireland, Greece and Spain] the most boorish animals on the farm, and [I have taken it upon myself to call the U.S. state budget crises] the story of CAIN (California, Arizona, Alaska, Illinois, New York and New Jersey), the seven most rotten pillars of our union, and (Un)Abel, the country as a whole, which is (Un)Abel, i.e. unable, to do anything about the impending crises. Given the current political climate and implicit anti-bailout mandate of the new Congress, the Federal government might be powerless to do anything but accept painful state defaults. Before we know it, we could all be ancestors of evil... 2011 could be the year that CAIN starts to face some serious trouble, and may need some serious help to avoid killing his brother (Un)Abel! Words: 1529

Read More »