Home » October 12th, 2010
October 2010
In… September’s Federal Open Market Committee minutes, the Fed officially announced that … “Unless … underlying inflation moved back toward a level consistent with the Committee’s mandate, they would consider it appropriate to take action soon” and take “… possible steps to affect inflation expectations.” That’s Fed-speak for a MANDATE TO CREATE INFLATION! Words: 694
October 12th, 2010 | Posted in Economy,Gold/Silver,Inflation/Deflation,Investing | Read More »
While the 2010 gold rush is making a lot of headlines, it’s important to not overlook other hard assets [such as silver, copper, platinum, palladium and rare earth metals] that are good investment alternatives to gold and have all rallied to fresh highs recently as well. While each of these offers its own strengths and weaknesses they are ways to diversify your holdings away from gold if you are worried about a crash. Words: 1561
October 12th, 2010 | Posted in Gold/Silver,Investing,Other Commodities | Read More »
The U.S. economy is being slowly but surely destroyed and many Americans have no idea that it is happening. There are 11 long-term trends that reveal… that there are certain underlying foundational problems that are destroying the U.S. economy a little bit more every single day. They are undeniable and they are constantly getting worse. If they are not corrected (and there is no indication that they will be) they will destroy not only our economy but also our entire way of life! Words: 2520
October 12th, 2010 | Posted in Economy | Read More »
There has been a great deal of excitement about the recent performances of gold and silver with most analysts extremely optimistic regarding its potential. That being said technical analysis shows that it is in for some choppy seas ahead compared to the surging seas of the Chinese stock market. Perhaps today the refrain “Got Gold?” should be replaced with the words “Buy Chinese Stocks!” Words: 1004
October 12th, 2010 | Posted in Gold/Silver,Investing,Stock Indices | Read More »
The fiat currency experiment will end badly in a currency crisis. The wealthiest people will be those who bought silver today and were smart enough to research and pick the best silver mining stocks. Words: 865
October 7th, 2010 | Posted in Gold/Silver | Read More »
There are now countless warning signs all around us on a daily basis that the U.S. is headed for a complete societal collapse. Words: 573
October 4th, 2010 | Posted in Debts/Deficits,Economy,Inflation/Deflation | Read More »
Something has drastically changed in the silver market. The banks that once controlled the price of silver are now closing positions at a loss. The commercial shorts have begun to bleed money – and when blood spills sharks will circle. Hedge funds and traders that never even thought of silver before will begin to squeeze the shorts. If the big banks don’t quickly regain control of the silver market they may lose it forever. Words: 733
October 3rd, 2010 | Posted in Gold/Silver,Investing | Read More »
One of gold’s allures is its use as a hedge against negative economic outcomes: inflation, deflation, general economic collapse and even war [with] investors and speculators enter[ing] the market based on their guesstimate of how bad things might get. [An analysis of] how gold performs during inflation and deflation [suggests, however, that there has to be some another] market force – some secret force – that has driven gold prices by +370% over the last 10 years. Words: 734
October 3rd, 2010 | Posted in Gold/Silver,Inflation/Deflation,Investing,U.S. Dollar | Read More »
When a home owner is forced into foreclosure, the case is presented to a judge for approval. Historically, if uncontested, a foreclosure has quickly led to a judgment in favor of the bank – to evict the owner and confiscate the property. However, in the last few years a growing number of homeowners have been contesting the foreclosures and demanding proof of the note – or ownership of the mortgage – and, in many cases, the note can’t be located by the bank. [As such,] the foreclosures are not being approved due to lack of documentation. Words: 719
October 2nd, 2010 | Posted in Housing Prices/Foreclosures,Real Estate | Read More »
One investment is touted as the cure all for incompetent governmental economic mismanagement, heightened risks of war, threats of rampant inflation, and depreciating currency. That investment is making new highs every day. That investment is gold. Should you succumb? No, and here are six reasons why! Words: 1269
October 2nd, 2010 | Posted in Gold/Silver,Investing | Read More »