Ian Gordon: LongWave Cycle of Winter to Drive Gold to $4,000/oz.
June 22, 2010 by Editor · Leave a Comment
Investors are beginning to understand that the U.S. dollar is not the safe haven they perceived it was a few years ago and concurrently, neither are U.S. Treasury notes and bonds. Given the American national debt and deficit problems, from both a fundamental and technical perspective, the U.S. greenback has the potential for considerable downside. Ergo and by axiom, gold bullion has significant upside potential to $1,500 per ounce over the short to mid-term time horizon of 1 – 2 years and $4,000 per ounce over the longer term. Words: 1104
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John Hussman: 80% Probability of +40% Market Plunge By End of 2010!
June 22, 2010 by Editor · Leave a Comment
In my estimation, there is still close to an 80% probability that a second market plunge and economic downturn will unfold [before the end of] 2010. This is not certainty, but the evidence that we’ve observed in the equity market, labor market, and credit markets to-date is simply much more consistent with the recent advance being a component of a more drawn-out and painful deleveraging cycle. Words: 503
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Here’s the Best Way to Protect Against both Inflation AND Deflation
April 9, 2010 by Editor · Leave a Comment
There are very compelling arguments for both inflation and deflation. The answer will eventually depend on decisions made in Washington and how people react to those decisions. For now, let’s stop fooling ourselves and admit that we don’t know. It is a problem that has to be dealt with and there is no easy medicine. Either path will be painful, but that’s what we get for our two and a half decade debt binge. Words: 1142
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How to Protect Your Portfolio From Inflation
April 4, 2010 by Editor · Leave a Comment
Inflation lurks in the shadows. It destroys value by gradually eroding real returns over time. It is financial death by a thousand cuts. Investors too often look at “the numbers” in their portfolio without asking what those numbers can actually buy over time. It’s a classic mistake that John Maynard Keynes termed “money illusion.” Words: 1335
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Quinn: Gold Going to $1500, Silver to $20 and Oil to $100 This Year
March 15, 2010 by Editor · Leave a Comment
Here are [6 of my 11] my prognostications in the areas of the economy, domestic politics, global geopolitics, and the investment markets: The US Dollar will fall to record low; house prices will fall a further 10%; interest rates will rise; unemployment rate will rise to 11%; oil prices will exceed $100; the stock market will drop 30%. Let’s hope I’m wrong! Words: 681
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U.S. Demographic Trends Suggest a Decade-long Depression Coming
March 13, 2010 by Editor · Leave a Comment
We have been able to delay the day of reckoning because demographic trends were strong for so long. However, the tide has already started to reverse, and our country is bound to experience significant economic strife in the future. The very nature of spending and productivity patterns with age suggests a significant retrenchment in output is coming, which is the very definition of a Depression. Words: 677
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Magnitude of Current Credit Destruction is Deflationary
March 12, 2010 by Editor · Leave a Comment
Periodically in history, the expansion of credit creates the illusion of prosperity which, regretfully, ends in the inevitable bust which seems to be the case today. The sheer magnitude of credit destruction occuring right now is depressionary. The return to growth will be a long and painful process. Words: 625
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