The consequences of decades of abuse to the system of credit in the United States are coming to a head and the gray clouds that loom over the skies of the dollar are growing bolder by the day and darker by the minute. The cold hard fact is I expect the U.S. dollar to ultimately collapse within 24 short months. Words: 682
About the only certainty in the stock market is that, over the long haul, over-performance turns into under-performance [ i.e. reverts to the mean or average trend line] and vice versa [and depending on what data you use the stock market could be setting up for a MAJOR fall. How major? Read on!] Words: 840
Despite all the reasons to be bullish gold and silver all of my indicators tell me this is [still] NOT the time to be buying. Words: 910
Despite the best efforts by the American mainstream financial media, the eager PR division of the United States Dollar Ponzi Scheme, to paint the rosiest of rosy pictures for blindly optimistic readers, the stubborn image of a debt-swollen jobless behemoth economy slowly toppling persists. No matter how much U.S. departmental data is primped, polished, and primed, no amount of lipstick is going to transform this fat pig into a princess! [Let me explain.] Words: 1227
I am very, very bullish on silver; the metal which is overlooked by most but will make the few who own it extremely rich. While gold will have a spectacular performance over the course of this bull market, it is silver that will be the MVP. Silver is about as close as you can get to a sure bet. Here are 7 reasons why silver will make you rich. Words: 2074
Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? Without a crystal ball, we simply don’t know. One thing we can do is examine the past to broaden our understanding of the range of possibilities [so let's do just that by looking at charts of the inflation-adjusted secular highs and lows and regressions to trend of the S&P 500 from 1871 to the present so we can make some sense of it all]. Words: 682
The U.S. debt crisis represents a unique, unparalleled, and unimaginable convergence of circumstances yet, despite the utter gravity of our plight, nothing is being done to change our course. Washington must either muster the courage — and the support of the people — to accept the pain and make the sacrifices of a lifetime … or face the downfall of America. Words: 898
[Mr. Speaker, Mr. Vice President, Members of Congress, distinguished guests, and fellow Americans] I would like to [take this opportunity to] inform you about the state of the union. Before I begin, however, I would ask that [the millions of Americans listening to me on T.V., on the internet and on the radio] take a moment to make sure the elderly, weak or infirm in your household are sitting down. In fact, just make sure everyone is sitting down and adequately restrained [because] what I’m going to tell you is the cold, hard, ugly truth… The state of your union is worse than it has been since 1861, and it’s only going to get worse… much worse. Let me break down the situation for you in the simplest terms possible. Words: 1689
A bunch of bobble-heads and tongue-waggers are saying that the recent decline [in the price of crude oil] shows the top is in… [for]this year. Sheesh, gimme some of what they’re smokin’! Words: 1215
More and more economists, analysts and financial writers, 122 in fact, have taken the bold step of projecting the price at which gold will achieve its parabolic peak with 6 individuals claiming that the peak price will be realized sometime in 2011. Some have adjusted their previous prognostications higher given gold’s strong advance again in 2010 while others have jumped aboard what has become a bandwagon of optimism. The majority (84) maintain that $5,000 or more for gold is possible. Words: 826
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