We’re invested in gold stocks not just to make money, but for the chance to change our lifestyles and with their lackadaisical [dare I say dismal] year-to-date performance, one may begin to wonder if they’re still going to bring the magic. [Here are my views on the subject.] Words: 740
Read More »Monthly Archives: March 2012
Busy Last Week? Here Are the 5 Most Read Articles You Might Have Missed
We all live extremely busy lives and often fail to keep up with the most informative articles posted on the internet. munKNEE.com searches the internet for such articles and posts the best in an edited and abridged format (every day for the sake of clarity and brevity) to ensure a fast and easy read. Below are links, with introductory paragraphs, to the 5 most popular for this past week in descending order. Words: 438
Read More »Ian Campbell Comments on the World vs. Market Reality Disconnect & the "Nerds on Wall Street"
The world is on the verge of becoming a cauldron of Disorder [y]et the market is orderly for now and people refuse to fully acknowledge it. This inability to compartmentalize the "world reality" from the "market reality" is costing investors money. The world isn't likely to end well in the not too distant future but for now the market is doing just fine. Words: 610
Read More »Jeremy Siegel: 50% Chance of Dow Reaching 17,500 By The End Of 2013! Here’s Why (+2K Views)
Last month, Wharton Professor Jeremy Siegel boldly claimed that there was a 70% chance that the DOW could reach 15,000 this year [and that] there's a 50% chance that it could reach 17,500 by the end of 2013. [Here are his reasons]. Words: 291
Read More »John Hathaway: Gold Has Bottomed & Is Setting Up for a BIG Move – Here's Why
We are making a very important bottom here [in gold]. This is rock bottom sentiment and a buying opportunity... Gold has made a higher low in my opinion. It has not revisited the levels of last December and I think its setting up for a big move here. What is it that is still ahead of us that could take gold to new highs? [Let me explain.]
Read More »Lassonde on Gold: "What can we expect? I think we can expect fireworks…." Here’s Why (+2K Views)
“There’s no cliff here. There’s no need to panic whatsoever...[In] the two previous bull markets in gold, 1980 and 1934, gold ended at essentially a 1/1 ratio with the Dow Jones and the Dow today is over 13,000. Would I be surprised to see gold past $10,000? No. I know it sounds crazy but it sounds a heck of a lot less crazy than it did five or six years ago.”
Read More »Statistics Canada: Typical Borrower Owes $115,000+, Albertans $158,000+, Home "Owners" $161,000+
StatsCan released a major report Friday that outlines the overall debt situation of Canadians... It only measured what is owed by Canadians who carry any form of debt, not those that are debt free, and according to the report, the typical borrower owed an average of $114,400 as of 2009. That number, however,...is almost certainly higher today due to...[the fact that] low lending rates have been at 1% since early 2008...More worrisome could be that two-thirds of all Canadians who carry debt owe more than the average. Words: 585
Read More »Rick Rule: Conditions Are Such That Crude Oil and Gold Could Head Much Higher – Here's Why
If the political situation in the Gulf worsens, there is virtually no limit to the upside for oil prices. The oil price could easily double. [In adition,] there are also supply constraints to worry about going forward. [As for gold, it] is headed much higher in the long-term. [Let me explain.]
Read More »The Surprising Side Effects of Rising College Costs
The rising cost of college tuition translates into many students re-evaluating higher education, their future professional careers as well as other major life decisions. Find out more in our very enlightening infographic on The Surprising Side Effects of Rising College Costs.
Read More »6 Bull Market Sectors at Risk of Becoming the Next Big Bubbles
As those familiar with the basics of Austrian economics can attest, an increase in the supply of money and credit [often leads to] asset bubbles in whatever sector(s) the new money and credit find their way into. With the U.S. economy so robust it will not go down easily and, as such, there is still the possibility that the Fed's radical inflationary policies will not break the dollar, but just kick the can down the road one more time, and unleash one more bubble before the bill for 40+ years of monetary madness is finally due. What sectors are most likely to be the recipient of a bubble? [Let's look at the possibilities.] Words: 1212
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