[Whatever you] call it - a bubble, a frenzy or a mania - there seems to be a large number of voices in the marketplace who just are not fans of gold, whether prices are moving up, down or sideways [but] the reality is that gold doesn’t possess the traits necessary for a financial bubble to form. [In fact, the current worldwide economic and fiscal environment suggests that gold will go MUCH higher. Let me explain.] Words: 2368

In our estimation, the most likely time frame for a full-fledged outbreak of hyperinflation in America is between the years 2013 and 2015 [based on 12 warning signs that are on the horizon.] Americans who wait until 2013 to prepare, will most likely see the majority of their purchasing power wiped out. It is essential that all Americans begin preparing for hyperinflation immediately. Words: 2065

The Cyclically Adjusted Price Earnings Ratio, abbreviated as CAPE, or the more precise P/E10, closely tracks the real (inflation-adjusted) price of the S&P Composite. After dropping to 13.3 in March 2009, the P/E10 has rebounded to 23.0. The historical average is 16.39 raising concerns about the current price level of the S&P Composite. Let me explain. Words: 1298

There are different ways to interpret corporate profits and different ways to measure them [and in this article I substantiate] my belief that profits are quite strong and that the market is almost certainly not overestimating their value [unlike other analysts who, in articles here and here, and using different criteria, have come to different conclusions. Please read all the various points of view and come to your own conclusions.] Words: 646

I have great confidence in mankind’s ability to ultimately overcome even the most extreme of crisis but at this juncture, however, America has yet to begin that arduous process. We live an unrealistic lifestyle on borrowed money and borrowed time. [As such, we are on the brink of] a looming crisis with the power to crush the U.S. economy. Unless Washington makes a 180-degree turn, we face a catastrophe that could end our way of life as we know it. Words: 870

Most lawmakers at the federal, state, and local levels do not understand the absolute severity of the crisis - that the sheer magnitude of our debt makes the United States extremely vulnerable to an economic attack. We are not too big to fail!...The failure to understand our vulnerabilities with our debt and the strategic bind we have put ourselves in will lead to tragic consequences...The spiraling deficits, unfunded pension liabilities, and the retirement of baby boomers means that the perfect storm is headed our way. Words: 717

The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run! Permabears be damned! The permabulls are back! Rates are low, core inflation is low. It's Goldilocks time! [Hold on, though. That's only half the picture and the other half does not paint such a rosy picture. Let me explain.] Words: 959

There's a saying in the investment business that when the taxi driver and the delivery person are talking about a "no-lose, gotta-have" investment, it's time to run for the exits. At that point of maximum adoration and comfort, the masses have gone wild and that's often the warning that the smart money is on its way to the exits and the novices will be trampled in the exodus. Think technology stock bubble in 2000, or house flipping three years ago. Now, think gold. Words: 538

Unlike the credit crisis that triggered the last major stock market collapse … the “Fiscal Armageddon” that could “dwarf 2008″ will be intensely personal. Millions of Americans will face the specter of lost incomes … lost savings … lost buying power … lost homes … lost liberty. View the video for all the details.

The U.S. Federal government deficit for fiscal year 2011 has just been revised upwards by a further $378 billion to a whopping $1.645 trillion. As of January 2011, the total outstanding debt of the U.S. Federal government is $14.131 trillion. These numbers are huge, Huge, HUGE but Americans believe there is really no need to worry that much about such astrnomical numbers because they all know that it’s going to get much, much worse. They all know that there’s no sense worrying about this little milestone on the road to hell. Words: 1016