Doug Casey’s View of the Future is Very Disturbing – Got Gold?
Absolutely every currency in the world is going to reach its intrinsic value in the next few years. Basically all the governments are going to wind up destroying their national currencies. That won’t be just an academic thing; it will have the consequence of destroying a lot of the middle classes around the world. That will likely create ugly political and sociological fallout. Words: 3299
|
||||||||
Consequences of Country’s Debt Complacency Could be Catastrophic
May 22, 2010 by Editor · Leave a Comment
Our leaders will eventually face an Armageddon unlike any since the Civil War unless they must either muster the courage — and the support of the people — to accept the pain and make the sacrifices of a lifetime … or face the downfall of America. Words: 1086
|
||||||||
Major Changes in Inflation, Interest Rates, ‘Taxes’ and U.S. Dollar Coming
May 7, 2010 by Editor · Leave a Comment
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
|
||||||||
Can the U.S. Expect the ‘Greek Tragedy’ to ‘Play’ Out in Its Own ‘Theater’?
It is appropriate that the fiscal crisis of the West has begun in Greece, the birthplace of Western civilization. Soon it will cross the channel to Britain. The key question, however, is when that crisis will reach the last bastion of Western power, on the other side of the Atlantic. Words: 609
Washington Faces Possible Armageddon Unlike Any Since Civil War
April 27, 2010 by Editor · Leave a Comment
The U.S. debt crisis represents a unique, unparalleled, and unimaginable convergence of circumstances yet, despite the utter gravity of our plight, nothing is being done to change our course. Washington must either muster the courage — and the support of the people — to accept the pain and make the sacrifices of a lifetime … or face the downfall of America. Words: 901
|
||||||||
Why Unsustainable Debt-to-GDP Ratios Will Result in (Hyper)inflation
April 27, 2010 by Editor · Leave a Comment
Central banking makes it possible for the government to expand the money supply by any amount, at any time deemed necessary and once (hyper)inflation is publicly seen as being the lesser evil of all options available for the government meeting its debt service, it cannot be dismissed out of hand that (hyper)inflation would be the consequence of an unsustainable debt-to-GDP ratio. Words: 982
|
||||||||
Believe it or Not: The Huge Federal Debt Burden Does NOT Threaten an American Debt Crisis
April 25, 2010 by Editor · Leave a Comment
Looking forward, our formula for working out of the current deficit pattern would be to have the Republicans regain control of one house of Congress (but not both houses of Congress plus the White House). The economy fully recovers. I’m not ready to forecast surpluses to come, but I can envision the deficits coming down to reasonable magnitudes. Words: 1438
|
||||||||
Five BIG Reasons Interest Rates MUST Rise
April 13, 2010 by Editor · Leave a Comment
Brace yourself for one of the greatest interest-rate surges in decades — beginning first in the long-term Treasury markets … later spreading to shorter term Treasuries … and ultimately enveloping nearly every loan, debt, credit, and money market instrument on the planet. This rise may not begin with great fanfare, nor will it immediately upset the apple cart of the economic recovery, but with the march of time, it WILL gain momentum and reach critical mass. Words: 614
|
||||||||
NOTHING Can Stop Coming Inflation: Bank for International Settlements Report
April 13, 2010 by Editor · Leave a Comment
A recent research paper* by the Bank for International Settlements, entitled “The Future of Public Debt: Prospects and Implications” paints a terrifying prospect for the inhabitants of most of the developed world with deficits spiralling out of control for every western industrialized country under study and inflation a foregone conclusion as a result. Words: 1128
|
||||||||
How to Profit From Rising Interest Rates With ETFs
April 13, 2010 by Editor · Leave a Comment
We’ve been enjoying historically low interest rates for the last decade … even more so in the last two years and we know the party is going to end at some point. Well, I’m beginning to suspect the end will come sooner rather than later but you don’t have to just sit still and accept it. There are exchange-traded funds (ETFs) that, if used properly, can protect your principal and enable you to profit from rising rates. Words: 871
|
||||||||
