My previous article on gold & silver went viral with almost 30,000 reads on munKNEE.com alone and continues to be read by hundreds of goldbugs daily. Below is an updated chart and analysis suggesting that gold & silver have further to drop before they go parabolic. Take a look and share it with friends.

The internet is awash (drowning?) in hundreds of doom and gloom videos providing dire warnings of coming world depression, food shortages, rioting in the streets, rampant (hyper) inflation, deepening banking crisis, economic apocalypse, financial Armageddon, the demise of America – well, you get the idea. Below is a small sample of such videos with a hyperlink to each.

[According to the chart in this article,] all currencies are being debauched. The price of gold in each currency approximates a parabola, meaning the use of printing presses is accelerating. Each unit of currency is losing purchasing power at an increasing rate. The trend points to a worldwide currency collapse unless the creation of money stops. [Take a look!]. Words: 282

I have been bearish on hard commodities for the past two years and, while prices may have dropped substantially from their peaks during this time, I don’t think the bear market is over. I think we still have a very long way to go and there are four reasons why I expect prices to drop a lot more. Words: 3978

It is very difficult to see any factor that could stop a continued very strong rise of the physical gold price...[due to] two main drivers...[as mentioned below. Let me explain.] Words: 444

Many investors are positioning their portfolios based upon their opinions as to whether or not we will encounter IN-flation or DE-flation. Well, what the MS Commodity Index (CRX) does over the next few weeks might tell us a good deal about how to best position one's portfolio. Take a look at the latest CRX graph below for an indication.

All in all, deflation should be one of the most serious words in a commodity investor's vocabulary and is something to always keep an eye on. While its presence may seem removed from our economy, the possibility always remains and preparation will be key to survive a deflationary environment.

Silver has thousands of industrial uses and is considered a store of wealth by investors. The infographic below illustrates silver's history as a currency in the past and as an essential component in industry and technology today.

The arguments for gold to rise dramatically are well known and highly publicized. The arguments for gold to remain flat or to decline are minimally discussed and generally attacked vigorously when raised. [I do just that in this article and the conclusions will not be liked by the goldbugs.] Words: 285

Economic Reason has gathered together the Top 18 ‘reality’ economic documentaries which are bought to you by www.munKNEE.com.