Thursday, July 29, 2010

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



This Time Is Different: Eight Centuries of Financial Folly (Hardcover)

By (author) Carmen M. Reinhart, Kenneth Rogoff

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Gold Bullion: The Best and Safest Investment on Earth

March 17, 2010 by Editor · Leave a Comment 

A survey of US hedge fund managers by London-based Moonraker Fund Management: 90 percent (20 of the 22) of the hedge fund managers surveyed admitted they had bought physical gold for personal investment. These sophisticated investors know something that the average investor doesn’t: that the global policy response to the financial crisis will not only devalue the world’s major currencies, it will decimate the US dollar. Words: 2233




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