Michael Pento, president of Pento Portfolio Strategies, and Peter Tchir, founder of TF Market Advisors, talk about Nobel Prize winner Paul Krugman's recommendation that policy makers should consider allowing slightly higher inflation as a way to spur the U.S. economy.

Part of being a good contrarian investor is constantly looking beyond your investment "comfort zone" and trying to find less-followed opportunities... [and the Canadian stock market represents just such an] opportunity. Here's why. Words: 465

Get ready...Save some cash, load up with gold and silver, and be patient...Start by buying top-grade dividend-paying stocks and gold on dips or corrections, and hold your gold. This era will see the catastrophic collapse of all fiat money. Gold should skyrocket. Get ready for crime and violence...

Spain is a catastrophe [of major proportions and] to fully understand [why that is the case] we need to understand Spain in the context of both the EU and the global financial system. [Once you read what I outline below you will more fully understand why] I believe that the EU in its current form is in its final chapters. Whether it's through Spain imploding or Germany ultimately pulling out of the Euro, we've now reached the point of no return: the problems facing the EU (Spain and Italy) are too large to be bailed out! Words: 1345

How this economic disaster ends is something about which many of us speculate. Two extreme endings are likely — a sudden deflationary collapse or a period of very high inflation/hyperinflation which ultimately cripples commerce and resolves itself in a deflationary collapse. In either case, the deflationary collapse is another Great Depression. It is important to know which route will occur because of what will happen to asset values along the way. Words: 1057

Analysts at Bank of America-Merrill Lynch have created the Global Wave, a compilation of seven global indicators designed to provide a comprehensive assessment of trends in global economic activity. The compiled data allows investors to predict equity market performance and...[it indicates that there is an 86% liklihood that we will experience a 14.2% increase, on average, in the performance of global stock markets in the next 12 months. Read more about the "Global Wave" below.] Words: 462

Is gold still cheap? No, gold left bargain territory long ago [but] we remain bullish on gold, not because we think gold is still cheap, but because we expect it to get a lot more expensive. [Why?] Because the world's most important central banks and governments remain committed to a course that ends in catastrophe for their economies and currencies. [Let me explain further.] Words: 565

The deficits aren't going to stop anytime soon. The debt mountain will keep growing...Obviously, the debt can't keep growing faster than the economy forever, but the people in charge do seem determined to find out just how far they can push things....The only way for the politicians to buy time will be through price inflation, to reduce the real burden of the debt, and whether they admit it or not, inflation is what they will be praying for....[and] the Federal Reserve will hear their prayer. When will the economy reach the wall toward which it is headed? Not soon, I believe, but in the meantime there will be plenty of excitement. [Let me explain what I expect to unfold.] Words: 1833

The International Monetary Fund has just released its 2012 World Economic Outlook, sub-titled 'Growth Resuming, Dangers Remain'. I have read it in full and present a brief synopsis of it below which will save you more than 1 hour of your time doing so. I have also commented on some of their statements to provide greater clarity and understanding of what the report conveys. Words: 674

Investors are being told that the worsening sovereign debt crisis in Europe will leave the U.S. economy unscathed....[because,] since we don’t make many things to export to Europe, our GDP won’t suffer a significant decline at all.... What [has been] conveniently overlooked, [however'] is the fact that 40% of S&P 500 earnings are derived from foreign economies and the seventeen countries that make up the Eurozone have collapsed into recession. [Let me explain what effect that will have on the performance of the S&P 500 this summer.] Words: 325