U.S. imports of oil have skyrocketed from 28% 30 years ago to 49% in 2010 [and if the price of crude oil were to skyrocket it would have devastating effects on the economy but be advantagous to the savvy investor. Let me explain.] Words: 368
We are going to get more money printing…[yet,] somehow, guys who want to buy stocks at 1,400 on the S&P all conclude that the Fed is going to stop easing…I just don’t understand [when] the consequences of money printing are going to be more inflation and the metals (gold and silver) are going to be a big beneficiary of that.
The definition of insanity is to continue doing something that goes wrong, without contemplating that there could be a different course of action…[and we] are heading deeper and deeper into insanity…we are just getting deeper and deeper into problems leaving our children and grandchildren with loans that could well take decades to finish (paying) off. I fear we are now stoking up the conditions, at some point in the future, for serious inflation.
Around this point in the fractal cycle in the late 70’s, Gold busted out of its channel to rise sharply higher, along with Silver. Silver’s channel top will lie up around $68 to $70 over the coming months which we believe will be reached in 2012. The next higher angled resistance bands for Silver run from $112 to $115, and then up at the $123 area. By the end of the Silver Bull, we expect to see Silver reach $500+. Words: 1765
Whether our current economic crisis will end with massive inflation or in a deflationary spiral (ultimately, either one results in a Depression) is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important in regard to taking actions which can prepare and protect you and your family. [Here is my assessment of what the future outcome will likely be and why.] Words: 1441
In my opinion, there are three scenarios that could occur in the coming years when analyzing the global economy – and all three have the potential to offer bullish environments for the price of gold. [Let me explain the first and most likely reason.] Words: 660
Getting into a good university is not an easy feat and securing a job upon graduation in the current economic climate is not easy either…The biggest challenge for most university graduates, however, is paying off their education loan [which is] hardly surprising [given that] the sum of student debt is higher than credit card debt across the United States. It may sound preposterous that some have called higher education the next big bubble so read the following infographic, which compares the higher education bubble to the housing bubble, and decide for yourself. Words: 410
Daniel Thornton, an economist at the Federal Reserve Bank of St. Louis, argues that the Fed’s policy of providing liquidity has “enormous potential to increase the money supply,” resulting in what The Wall Street Journal’s Real Time Economics blog calls “an inflation inferno.” [Personally,] I think it’s too soon to make significant changes to a portfolio based on inflation fears. Here’s why. Words: 550
Do you own enough gold and silver for what lies ahead? If 10% of your total investable assets (i.e., excluding equity in your primary residence) aren’t held in various forms of gold and silver, we…think your portfolio is at risk. Here’s why. Words: 625
The classic argument is that, because 70% of the economy is driven by consumer spending, an increase in gasoline prices will cause a decrease in consumer spending, which will cause an economic decline. [My research, however, indicates that] the premise that higher oil prices will cause inflation and/or a recession is wrong. [Let me explain why that is the case.] Words: 1097
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