Economy

Why An Inflationary Depression is Likely in 3 Years and How You Can Protect Yourself

Given that governments are reluctant to take their lumps now, what are the odds that they will do the right thing — outright default and debt restructuring — three years hence when the debt bubble is that much larger, the economy is in worse shape, and the pain of default and austerity is much higher than today's? The words "slim" and "none" come to mind. The world is firmly ensconced on the path to an inflationary depression. Words: 1119

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Japan: The Greece of the East?

Japan is flirting with becoming the Greece of the East. Japan’s legendary household and corporate savings are on a downward trend [and, while current] domestic savers have always been forgiving of the government’s overspending, when [their] savings become inadequate to fund the government’s drain, other investors will be much less sympathetic. Words: 508

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The U.S. Dollar Index: A Deceptive Indicator of USD Strength

Most of the major financial news outlets and many investors have come to rely on the movements of the U.S. Dollar Index as a daily barometer of the U.S. dollar's relative strength and weakness taking it on faith that the Dollar Index is the dollar – pure and simple. In reality, the Index offers a very distortive view of the movement of the dollar against the currencies that matter most. If anything, recent movements of the Index are a reflection of euro weakness rather than dollar strength. Words: 1019

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Prechter: Technical Indicators Point Down from Here

In his April 2010 issue of the Elliott Wave Theorist Prechter predicted that these same eight indicators would switch from bullish to bearish by May 7th. Considering the events on May 6th and 7th he is once again sounding prophetic. This is extremely important as the media would have you believe that the events of May 6th were the result of a "fat finger". Words: 1154

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Major Changes in Inflation, Interest Rates, 'Taxes' and U.S. Dollar Coming

The economy is now so manipulated by politicians, big bankers, and special-interest groups that making sense of the markets has become an almost impossible feat. Which is to say, it must push even harder on the levers of its printing presses, further setting the stage for the massive period of inflation we continue to see as inevitable… and for a stunning rise in interest rates. Words: 968

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Richard Russell: Why I'm in Cash and Gold – What About You?

If the market is topping, it’s doing so in the face of rosy news in every area except for employment and there is nothing more ominous than a stock market turning down in the face of a “bright” economy. At such times, nobody is ready or positioned for a sudden reversal. [Are you?] Words: 637

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