Section » US Debt Crisis
Will the Fed’s “Grand Experiment” To Reignite The Economy With Unprecedented Monetary Accomodation Result in Economic Chaos?
Richard W. Fisher, president and CEO of the Federal Reserve Bank of Dallas gave a very interesting speech today, acknowledging that the Federal Reserve policy's are experimental. No one, including the Federal Reserve, knows how this unprecedented monetary accommodation will affect the economy and the value of the dollar. Fortunately, there is a defense
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Is The Decline In Gold Predicting Deflation?
By GE Christenson We all know that our cost of living in increasing, but how much? The official government statistics assure us that inflation is running around 2% per year. It reminds me of the line attributed to Groucho Marx, “Who are you going to believe, me or your own eyes?” But, your cost of
The Gold Crash – Why It Doesn’t Matter
By: GE Christenson The NASDAQ 100 index peaked at 1,485 in July 1998. It subsequently crashed to below 1,070 in October 1998, a loss of about 28%. But, it climbed back to nearly 5,000 in March 2000, a rally off the low of over 350% in 17 months. The S&P 500 index peaked in October 2007 around 1,575.
The Financial System Has Reached The Implosion Point
A profound thanks to all the short term fickle speculators in gold and silver who have shifted their portfolio allocations to stocks, bank accounts and certificates of confiscation government bonds . The shift to paper assets has provided what will in hindsight be the best buying opportunity for gold
Why The Long Term Price of Silver Is Guaranteed To Rise
By: GE Christenson Begin the analysis in 1971 when Nixon dropped the link between the dollar and gold. A pack of Marlboros cost (depending on local taxes) about $0.39. We paid about $0.36 for a gallon of gasoline. The DOW Index was about 850. Silver was priced at about $1.39. Times have changed! Read
The Fundamental Reasons For Owning Gold and Silver Are Stronger Than Ever
One of the best methods for protecting wealth against a constantly depreciating paper currency is to own precious metals. The bull case for precious metals remains intact as central bankers worldwide have become the lenders of last resort for nations that have exhausted their borrowing capacities.
APMEX Reports Sales Spike on eBay Bullion Center
Last Wednesday, with New York gold down over $40 per ounce, even long time gold bulls were advising caution before committing to further investment. Some precious metals dealers reported a flood of panic selling by anxious investors who were unloading physical coin and bar. With everyone fearful
Expect $200 Silver As The Shift To Real Assets Accelerates
By: Deviant Investor Silver has no counter-party risk. It is not someone else’s liability. Silver Eagles or Canadian Silver Maple Leaf coins are recognized around the world and have intrinsic value everywhere. The same is NOT true for hundreds of paper currencies that have become worthless, usually
Explosive Gold Rally Is Imminent Based On Bearish Sentiment and Fundamentals
You know the world is changing when the head of the world's biggest bond fund recommends gold as his first asset choice. In this week's Barron's Roundtable, Bond King Bill Gross affirms his bullish view on gold due to his assessment that central banks will continue to suppress interest rates by purchasing
Nine Reasons Why You Must Own Gold
By: Deviant Investor Gold has been real money (medium of exchange and a store of value) for over 3,000 years. It is still real money. Gold has no counter-party risk. It is not someone else’s liability. It has intrinsic value that is recognized around the world. ALL paper money systems have eventually