Tag Archives: gold

A recently unearthed 2007 United States Geological Service survey appears to have discovered nearly $1 trillion in mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself. Words: 1291

Gold and silver, and the stocks that are leveraged to them, have a long, long way to go. It’s not too late to get in on the action. In fact, I have 4 good reasons why the next leg up in gold may still be in its early stages. Words: 775

That gold is in a long-term uptrend is undeniable...but is gold in semi-bubble territory and set for a dramatic decline, or is it ready to continue on to $1,350 and beyond this summer? Words: 978

While there are some good reasons to hold gold at the moment, many of the drivers behind gold's strong, decade-long run look like they have begun to turn and, as a result, the price of gold is likely to fall below $1,000, in the short to medium term, possibly as soon as year end. Words: 861

Just as 2007 and 2008 were the years of subprime woes, 2010 will go down as the year of Option Adjustable rate Mortgage (ARM) resets. This crisis is about to unleash a fury no one's prepared for. It won't be as bad as subprime, of course — it'll be worse. Words: 557

We are staring at a startling increase in the price of gold and precious metals mining stocks and warrants. Gold will reach mind- boggling levels because the actions of our political leaders and their academic and credentialed enablers are virtually guaranteeing it with their current actions. Words: 996

Given that governments are reluctant to take their lumps now, what are the odds that they will do the right thing — outright default and debt restructuring — three years hence when the debt bubble is that much larger, the economy is in worse shape, and the pain of default and austerity is much higher than today's? The words "slim" and "none" come to mind. The world is firmly ensconced on the path to an inflationary depression. Words: 1119

It is clearly evident that America's debt picture is truly astronomical and, like the situation with Greece, the debt cannot, and never will, be repaid. Indeed, any way you look at it, the consequences for the United States, let alone the many other haunted economies, are grim, dismal - even disastrous. Words: 1166

for the coming months, deflation is the bigger concern than inflation as China and the EU both experience slowing growth, and the inflation figures remain tame in both the US and Japan - [and that means we are likely to see a DROP in gold prices.] Words: 481

“If one believes that the deployment of Guaranteed Retirement Accounts are reasonably probable”, Blasi maintains that “then the remaining action item in such a scenario would be to coax the public into personally assuming the debt the rest of the world was refusing to accept,” and asks: “If the beliefs of many regarding activities conducted by ‘The President's Working Group on Financial Markets’ (Plunge Protection Team) are sound, could not this same entity be utilized for such theoretical events as those described? Frankly, the possibility that such an initiative might be needed to rescue the Treasury market does add an additional, and considerable, threat to the equity markets.” Words: 1052