Every fiat currency known to man has failed at one time or another - every one - and ours will be no exception! What factors are contributing to this eventuality and what can be done to protect ourselves from this impending event? [Let me explain and provide you with links to 37 supportive articles to give you a complete picture of what is unfolding and why.] Words: 2700
Read More »2 Misguided Assertions About Gold – Read On Mr. Buffett!
In which form would you prefer to hold your monetary savings -- in the form of money that banks can create in unlimited amounts out of nothing, or in the form of a metal that has been used as money for thousands of years and whose supply never increases by more than 2% from one year to the next? The answer...isn't necessarily straightforward [as] a lot depends on the policies being implemented at the time by central banks and governments [- but let me try.] Words: 1300
Read More »How Inflationary and Deflationary Outcomes Might Affect Your Bullion and Mining Shares
Whilst we as staunch Austrians would prefer less liquidity provision and more allowance for markets to naturally self-correct and deleverage... we suspect that as markets try to self-correct, the authorities generally will be forced to print more and more [as] it is the easiest course for them to take and the typically all too human option...As such we look once more at how inflationary and deflationary outcomes might affect precious metal investors. Words: 1323
Read More »von Greyerz: Expanding Central Bank Balance Sheets Guarantee Massively Higher Inflation & Gold/Silver Prices – Here's Why
I am astonished to see how much money the central banks are printing and how their balance sheets are expanding. We have the absolute perfect recipe for hyperinflation and thus a massive increase in the price of gold and silver. So said Egon von Greyerz (www.goldswitzerland.com) in edited excerpts from an interview* with King World News. Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com …
Read More »Williams STILL Believes a Hyperinflationary Great Depression is Coming! Here’s Why (+3K Views)
The U.S. economic and systemic-solvency crises of the last five years continue to deteriorate yet they remain just the precursors to the coming Great Collapse: a hyperinflationary great depression. The unfolding circumstance will encompass a complete loss in the purchasing power of the U.S. dollar; a collapse in the normal stream of U.S. commercial and economic activity; a collapse in the U.S. financial system, as we know it; and a likely realignment of the U.S. political environment.
Read More »Creating More Inflation is Now the Official Policy of the Fed
The Fed is completely convinced that without an inexorably rising rate of inflation there won’t be enough money made available to finance our rapidly increasing national debt. [As such, they have just] disclosed that they now have an inflation goal of at least two percent . As a result, we are stuck with a perpetually decreasing standard of living, a middle class that is on the endangered species list and provided the holders of U.S. dollars a target rate for its destruction...[Indeed,] Bernanke’s actions are so destructive to savers that I’m sure if he were a broker, he would be telling his clients to buy more gold.
Read More »Why More QE is Coming and What That Means for the Future Price of Gold
Most traders and some economists believe the Fed will step in with another round of Quantitative Easing (QE3) in the first half of 2012. This will pump up the stock market, particularly bank stocks, giving the impression that the US economy can’t be that bad, after all, [but in the process] debase the dollar and reduce purchasing power. [This, in turn, will result in higher]...inflation causing prudent investors to buy more gold. [Let me explain further what I see transpiring this quarter and why.] Words: 718
Read More »Buy Gold NOW Ahead of Further QE – Here's Why
Due to high unemployment and a weak recovery world central bankers are focused on weakening their currencies to boost exports. [As such,] I think [even more] quantitative easing and other currency intervention is in our future...[and this will further increase]...both inflation and the price of gold. Let me explain with a few charts.] Words: 350
Read More »Goldrunner Called $1,920 Gold High Exactly; Now Expects $3,000 – $3,500 by Mid-Year (+6K Views)
Short-term volatile moves in Gold, as we have seen over the past few months, do not affect our projections for the future price of Gold based on our fractal (pattern) "model" off the late 70's Gold Bull. Just as we correctly projected the $1,920 high in our April article entitled Goldrunner: Gold on track to Reach $1860 to $,920 by Mid-year (gold reached $1,917.20 in late August and $1,923.70 in early September, 2011), our current analysis indicates that Gold will enter a range between $3,000 and $3,500 by mid-year 2012. Words: 975
Read More »2012: Is This How U.S. Financial Crisis Will Unfold Later This Year? (+2K Views)
As economic and political matters become more desperate in the U.S., so will what the government considers acceptable. If a debt default cannot be engineered via continuous inflation as the Fed's current money-printing is attempting to do, it will occur via a direct repudiation of obligations or a quasi-surreptitious one such the hypothetical one I present in this article. 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[ - and your financial well-being too]. Words: 1365
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