“There’s no cliff here. There’s no need to panic whatsoever...[In] the two previous bull markets in gold, 1980 and 1934, gold ended at essentially a 1/1 ratio with the Dow Jones and the Dow today is over 13,000. Would I be surprised to see gold past $10,000? No. I know it sounds crazy but it sounds a heck of a lot less crazy than it did five or six years ago.”
Read More »Search Results for: interest rates
Rick Rule: Conditions Are Such That Crude Oil and Gold Could Head Much Higher – Here's Why
If the political situation in the Gulf worsens, there is virtually no limit to the upside for oil prices. The oil price could easily double. [In adition,] there are also supply constraints to worry about going forward. [As for gold, it] is headed much higher in the long-term. [Let me explain.]
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 »The Bull Market In Equities is NOT Over! Here's Why
In spite of all the bearishness out there - the S&P 500 falling to 1,000 (David Tice),the market is overbought (John Hussman), its looking like the bear market of 2011 all over again (David Rosenberg), for example - I tend to disagree for 4 fundamental reasons. Let me explain. Words: 595
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 »Egon von Greyerz: Once Gold Reacts to Global Money Printing Binge It Will Go Exponential (+2K Views)
We are all focused on the short-term and that’s natural, but let’s step back and look at the longer-term picture...We know the debt levels are too high today...but, because less than 1% of world financial assets are in gold, we have yet to really see the gold market react to the massive global money printing binge of the last 10 years. Once the gold market starts reacting to all of this, that’s when gold is going to go exponential. It doesn’t matter whether investors are buying gold at $1,600 or $1,800, it’s irrelevant in the long-run. What’s important is they are invested in physical gold in order to preserve their wealth. [Let me explain why.]
Read More »Nouriel Roubini: Global Economy Faces These 4 Major Downside Risks
While recent developments seem to suggest some positive news for the global economy, there are at least four downside risks that could materialize this year – undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets. [Let me spell them out.] Words: 933
Read More »Exposed: The Evolution of Fake Wealth Creation, Accelerating Debt Expansion and Inevitable Financial Implosion
Only in a debt-based money system could debt be curiously cast as an asset. We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteering aimed toward preventing the collapse of a debt- (or lack-) based system that was already doomed by its initial design to collapse. This primer will detail the major components and basic evolution of fake wealth creation, accelerating debt expansion, hollowing out of the economy, and inevitable financial implosion. Words:1583
Read More »Save Time & Stay Informed: Read These Financial Article Summaries
We all live extremely busy lives and often fail to keep up with the most informative articles posted on the internet. Below are links, with introductory paragraphs, to 20 very informative articles as posted on www.FinancialArticleSummariesToday.com (an associate site). The articles are related to Investing (gold/silver, the stock market, crude oil), the Economy (global/US, unemployment, debt and the money system) and Personal Finance (retirement, extra income and employment opportunities). You’re busy so just click on the title of the articles of interest to read them in their entirety.
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.]
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