Today, I'm dishing on the unbelievable rebound in residential real estate, pesky rumors about the dollar's demise and a resurgent U.S. stock market. So let's get to it.
Read More »Russia & China Have Power to Collapse U.S. Economy! Is Hoarding of Gold Their First Step In Doing So? (+4K Views)
Most Americans simply don't understand that Russia and China have the power to collapse the U.S. economy by going to a gold for oil system. All they have to do is pull the trigger. Let me explain. Words: 1515
Read More »Get Out of the U.S. Dollar and Buy Physical Gold Before It’s Too Late – Here’s Why (+2K Views)
Evidence suggests that the "Zero Hour Debt" line has been reached. Get out of the U.S. dollar [U.S. treasuries] and buy physical gold [or equities] before it's too late. It is the only way to protect yourself against a massive U.S. dollar devaluation to come in the next few months. [Let me explain why that is the case.] Words: 719; Charts: 5
Read More »We Are On the Precipice of Enormous Financial & Economic Change (+3K Views)
We are on the precipice of enormous financial and economic change. It is not change for the good, especially for the United States. Excesses and mis-allocated resources of several generations are about to be exposed as modern industrial nations sink deeper into the economic hole they have dug for themselves. The purging of these economic mistakes will be painful, could create new wars as politicians attempt to deflect blame and may end up changing the political form of government in some countries. (Words: 364; Charts: 1)
Read More »Take Note: Don’t Say You Weren’t Forewarned! (+3K Views)
It is relatively easy to predict further commodity price inflation as a result of the massive money printing going on worldwide and that hard assets, not paper assets, will help protect purchasing power but it is much more difficult to project where else this money printing leads and to what extent a crash is inevitable. What is the endgame? Will it be another financial crash such as in 2008 or will it be a more destructive financial and economic crash that causes a severe but temporary disruption in the delivery of goods and services? Words: 1470
Read More »Egon von Greyerz: Gold & Silver Off to the Races – to $4,500+ & $100+ Each – Here’s Why (+3K Views)
The closing of the gold window back in August 1971 has led governments worldwide to create endless amounts of worthless paper money and the resulting credit bubble has created a world debt exposure of over US$ 1 quadrillion (including derivatives). It has also created perceived wealth for big parts of the world's population - a wealth which is only backed by promises to pay and by grossly inflated assets. Few people realise that this wealth is totally illusory and will implode considerably faster than the time it took to create it. [Let me explain.] Words: 890
Read More »The U.S. Dollar Is Not Going to Zero Anytime Soon! Here’s Why (+2K Views)
The conventional view looks at the domestic credit bubble, the trillions in derivatives and the phantom assets propping the whole mess up and concludes that the only way out is to print the U.S. dollar into oblivion, i.e. create enough dollars that the debts can be paid but in doing so, depreciate the dollar's purchasing power to near-zero.This process of extravagant creation of paper money is also called hyper-inflation. While it is compelling to see hyper-inflation as the only way out in terms of the domestic credit/leverage bubble, the dollar has an entirely different dynamic if we look at foreign exchange (FX) and foreign trade. Words: 1675
Read More »Chinese Yuan Set to Increase Dramatically in Value – Buy Some Now – It’s Easy! (+2K Views)
If you’re serious about protecting the value of your money then please, as much as I love gold, don’t just buy the yellow metal — also buy some Chinese yuan! [Here's why.] Words: 400
Read More »Martin Armstrong: Flight-to-Quality is NOT Over – Yet! Gold is NOT Ready for Prime Time – Yet! Here’s Why (+2K Views)
Martin Armstrong provides a remarkable explanation of what is going on right now with the U.S. dollar, bond yields and the current price of gold. It would be well worth your time to read and reflect on what he has to say. Words: 822
Read More »Is a Plan Afoot to Introduce a New Dollar to Repudiate America’s Piles of Debt and Derivatives? (+2K Views)
Any thinking person with a calculator knows that the current global monetary system is going to fail given enough time. Rather than going through the charade of more quantitative easing, what if the central banks, the collaborating Western governments, and the financial elites decide to let the system fail now? [What if]...people in control...have a plan...to accelerate the emergence of a new dollar.
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