The ridiculous posturing by Democrats and Republicans in the U.S. over the imminent rise in so-called borrowing makes it almost embarrassing to be human. They can’t even get out of the way of their own political agendas to solve a problem threatening to make politics obsolete. Certainly, I’d be embarrassed to be American – or English, Irish, German, French, Swiss, Portuguese and especially Greek, Italian or Spanish. Stand close to any of the Davos men who constitute these nations’ finance ministers and you are immediately struck by the impression that you’re in the presence of the best-dressed con artists walking the globe. [Let me explain.] Words: 1375
July 18th, 2011 | Posted in Debts/Deficits,Economy | Read More »
The past several quarters of improving real GDP may be nothing more than an interlude in a more sustained economic downturn, with further negative quarters still ahead. Such an outcome will suppress inflation further and quite possibly lead to deflation. Words: 1986
July 27th, 2010 | Posted in Economy | Read More »
When I look strictly at what’s actually going on in the world, I have to think that gold will go to at least $2,000 in this cycle and there are very credible scenarios in which it could go to a multiple of that number. Why am I so bullish for the yellow metal? Let me tell you why. Words: 469
March 9th, 2010 | Posted in Economy,U.S. Dollar | Read More »
If you think gold prices will keep rising, these are the must-buy gold and silver ETFs to help you track precious metals’ prices and/or miners and royalty companies that benefit from them. Words: 424
February 17th, 2010 | Posted in Gold/Silver,Investing,Mutual/ETFunds | Read More »