Home » April 9th, 2011
April 2011
Believe it or not but I have identified 122 economists, academics, analysts and market commentators who have developed sound rationale as to why they think gold will likely go to a parabolic peak price of at least $2,500 an ounce before the bubble finally pops! Of those 122 prognosticators, 84 –yes, 84 – believe gold could reach a high of $5,000; 51 maintain that a price in excess of $5,000 is more likely, Words: 977
April 9th, 2011 | Posted in Gold/Silver,Investing | Read More »
126 economists, academics, gold analysts and market commentators have been identified as maintaining that gold will reach a parabolic peak price of at least $2,500 a troy ounce (ozt) before the bubble finally pops! Of those 126 prognosticators 86 – yes, 86 – believe gold will reach a high of $5,000 ozt; 52 of those maintain that a price in excess of $5,000 ozt is more likely. It would seem it is still not too late to buy into this gold (and silver) bull run. Words: 820
April 5th, 2011 | Posted in Gold/Silver,Investing | Read More »
A basic understanding of gold price phases throughout the year [provides the answer to the question:] “What’s next for the price of gold?” Let me explain. Words: 758
April 5th, 2011 | Posted in Gold/Silver,Investing | Read More »
While there can be little doubt that a default on the U.S. debt would lead to a financial crisis and would likely permanently reduce the role of the U.S. financial industry in world markets, it is also likely the case that the United States would rebound and possible rebound quickly from a default. [It most certainly is not] an end of the world scenario. [Let me explain.] Words: 478
April 1st, 2011 | Posted in Debts/Deficits,Economy | Read More »
In the long run developments in the financial markets and around the world seem to conspire to whip up a perfect storm for the gold price, taking it up towards $2,000 and further. That new upleg, however, could very well start from a much lower level than now. There are quite a few developments that could easily send the gold price lower in the coming months. Is $1,200 in the cards? Words: 774
April 1st, 2011 | Posted in Gold/Silver,Investing | Read More »
In spite of the spending cuts secured in last week’s last-minute budget deal… we are headed for a 50-square-mile iceberg and have just turned the wheel an inch – probably less… [After all,] the $38 billion in cuts represent less than the $54 billion in new debt the U.S. racked up in just the previous week, less than 3% of this year’s projected deficit and less than 1% of what the government has projected to spend in 2011… [In fact, such inadequate action has done nothing more than] reinforce expectations that the U.S. is headed for self-inflicted disaster. [Let me explain.] Words: 1066
April 1st, 2011 | Posted in Debts/Deficits,Economy | Read More »
The United States is facing an unsupportable fiscal situation due to the combination of high deficits, aging population and growth in government-provided healthcare benefits according to a working paper by the International Monetary Fund (IMF). Their forecast implies that U.S. debt will rise rapidly relative to gross domestic product (GDP) in the medium- to long-term unless MAJOR adjustments in taxes and government payments are made to reduce the current fiscal and generational gaps and to avoid any further undesirable escalation of debt. [Let's look at the details.] Words: 790
April 1st, 2011 | Posted in Debts/Deficits,Economy | Read More »
Conspiracy theory notwithstanding, claims that the reserve status of the U.S. dollar unfairly benefits the U.S. are no longer true. On the contrary, it has become a burden, both for America and the world. [Let me explain.] Words: 825
April 1st, 2011 | Posted in Economy,U.S. Dollar | Read More »
We Americans have enjoyed an incredibly wonderful standard of living over the past three decades with most of us believing that it was because we are the world’s wealthiest, most prosperous nation with economic and financial systems that are second to none – but that is not even close to accurate. [The truth of the matter is that] we are [actually] in the biggest debt bubble the world has ever seen! It has been the greatest party in the history of the world, but it is time to turn out the lights because the party is over. [Let me explain.] Words: 1518
April 1st, 2011 | Posted in Debts/Deficits,Economy | Read More »
The galaxy of warrants consists of only 146 stars (i.e. constituents) of which only 33 are associated with 30 commodity-related stocks that have sufficient brightness (i.e. 24+ months duration) to warrant (the pun is intended!) the attention of earthly investors. Words: 1579
April 1st, 2011 | Posted in Investing,Warrants / LEAPS / Options | Read More »
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