Nielson: Probability of U.S. Hyperinflation or a Debt Implosion Increasing by the Day – Got Gold?
July 24, 2010 by Editor · Leave a Comment
The probability of hyperinflation or a debt-implosion continues to increase by the day for the U.S., while for the global economy as a whole, there is an even larger ticking-bomb of highly leveraged debt. The collapse of U.S. economy is a certainty – only the manner of the economic collapse has yet to be determined. In time the global derivatives bubble will produce the same result which has occurred to every other currency not backed by gold throughout history: those currencies, our “money”, will become worthless. Words: 1433
Now Underway: A Spiral of Debt Deflation Into a Bottomless Economic Abyss!
von Mises once said, “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency involved” and just that is happening before our very eyes. Words: 2242
The U.S. Is At The Edge Of A Growing Deflationary Sinkhole
July 4, 2010 by Editor · Leave a Comment
The U.S. caused the 1930s deflationary depression and is again the cause of the current contraction. Although similarities exist between the two, the differences between them insure a far more consequential outcome today than in the 1930s. [Indeed, the world] now finds itself on the edge of a growing deflationary sinkhole created by the sequential collapse of two large U.S. bubbles, the dot.com and U.S. real estate bubbles. Words: 1549
|
||||||||
Why Many Analysts See Gold Going As High As $10,000
June 23, 2010 by Editor · Leave a Comment
My first reaction when I read an article* on this site by Arnold Bock – articulating why gold would go to $10,000 – by 2012 no less – was amazement. Who in their right mind would suggest that gold would eventually reach $2,500, let alone $5,000 or even $10,000? Words: 2097
|
||||||||
Why Hyperinflation In Highly Unlikely in the U.S. and the U.K.
June 20, 2010 by Editor · Leave a Comment
Without pricing power or a large fiscal deficit and large foreign currency demands, talk of hyperinflation in the U.S. [and the U.K.] is misguided. It simply isn’t credible to claim that Hyperinflation in the U.S. or the U.K. is in the offing now or anytime in the immediate future. Words: 1370
|
||||||||
Egon von Greyerz: The World is Heading Rapidly Towards Calamity! Got Gold?
2010 will be remembered for the rest of our lives as Armageddon 2010. Things are getting out of control. We are all about to take a cliff dive together into who knows what?! We Are Doomed! The world is now on its road to ruin and there is no action, no leader and no new amount of printed money that can save the world or prevent a hyperinflationary depression. Words: 1716
|
||||||||
What’s Coming: A Hyperinflationary or A Deflationary Depression?
June 5, 2010 by Editor · Leave a Comment
While I believe that the US is heading towards a Weimar style hyperinflationary depression there are several developments that point to the possibility of another deflationary depression, similar to the 1930’s. Words: 858
|
||||||||
Groundwork Has Been Laid for Hyperinflation, Soaring Interest Rates and Exploding Gold and Silver Prices
May 28, 2010 by Editor · Leave a Comment
Increases in spending and liabilities along with decreases in foreign lending equals a recipe for disaster. So, where will the money come from? This is a job for the printing press. While we are certainly facing deflation in the near term and a very choppy market, the groundwork has been laid for hyperinflation, soaring interest rates and exploding gold and silver prices. Words: 945
|
||||||||
Protect Yourself From Further Sovereign Debt Defaults With Physical Gold and Silver
May 23, 2010 by Editor · Leave a Comment
It is clearly evident that America’s debt picture is truly astronomical and, like the situation with Greece, the debt cannot, and never will, be repaid. Indeed, any way you look at it, the consequences for the United States, let alone the many other haunted economies, are grim, dismal – even disastrous. Words: 1166
Why We Are Likely to See a DROP in Gold Prices
for the coming months, deflation is the bigger concern than inflation as China and the EU both experience slowing growth, and the inflation figures remain tame in both the US and Japan – [and that means we are likely to see a DROP in gold prices.] Words: 481
