Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works but not anymore. A shocking new report by the IMF is proposing just that – a global currency beyond national control! Words: 820
Exchange-traded mining sector funds (ETFs) are a great way to get involved in this potentially highly profitable business. Let me tell you why, where and how to do so. Words: 795
We are an environment in which a U.S. dollar (USD) collapse has fueled inflation trade mania. By launching additional quantitative easing (QE) measures at a time other central banks (e.g. the ECB and the Bank of England, among others) have renounced additional easing measures or are actively raising interest rates (e.g. China and Australia), Fed Chairman Ben Bernanke has made it clear he is willing to trash the USD. Words: 797
Are the recent declines in the price of gold and silver signs of the bursting of the bubble… or just a blip in the ongoing bullion bull run? The odds are probably on the latter. [Let me tell you why.] Words: 763
The argument for holding gold has just been reinforced by the Fed’s most recent $600 billion quantitative easing (QE) package because it pushes the dollar firmly onto a downward path and raises the risk of inflation. Words: 342
“QE 2″ is radically different – and radically more dangerous – than the risky games that were played with earlier “quantitative easings”. This brief article is intended to warn readers about some of the key differences this time around. Words:
In spite of the continuing ascent of the stock market we are not in a perfectly bullish scenario because a major concern going forward is whether or not the Bush tax cuts will be extended. I am of the opinion that they will be, because if they are not, then the markets will have a very ugly December.
Technical analyses suggest that the U.S. dollar index could well see resurgence in the short term with both gold and the various U.S. stock markets undergoing +5% corrections while the Chinese stock market rebounding from last week’s set-back on its way to record levels. Words: 732
Boston University economist, Prof. Kotlikoff, maintains that the U.S. cannot end its fiscal crisis by doubling taxes, as the International Monetary Fund suggests, or further stimulus spending [as Bernanke is doing] because it will simply increase the debt. [Instead he has some radical proposals of his own.] Words: 704
It is a “no brainer” to stock up on precious metals and other tangibles given that our governments are working overtime to make our paper money worthless. Public economic policy direction is very clear. US Fed Chairman Bernanke continues to issue strong signals that massive money creation resulting in price inflation and a devalued dollar, is the favourite wrench in his toolkit. Words: 1465
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