For those who think the CRB Index says nothing about global growth invest accordingly at your own peril because this commodity index is screaming loudly that the rate of global growth is plummeting - just as it was at the height of the Great Recession. The CRB index is foreboding - a clear message of the danger that lies ahead.
Read More »Is Gold a "Gotta-Have" Investment? Some Don't Think So
There's a saying in the investment business that when the taxi driver and the delivery person are talking about a "no-lose, gotta-have" investment, it's time to run for the exits. At that point of maximum adoration and comfort, the masses have gone wild and that's often the warning that the smart money is on its way to the exits and the novices will be trampled in the exodus. Think technology stock bubble in 2000, or house flipping three years ago. Now, think gold. Words: 538
Read More »Beware: Government Claim of Low Inflation is Just B.S.!
Our leaders in Washington are so detached from reality it begs the question, "What are they smoking?" I'm not talking about the insane amounts of spending that's going on in our capital, or even about the patently unpayable debts and promises they're making to all of us and our foreign creditors. Although I think these things, too, result from whatever drugs they're on inside the beltway I am referring the way Washington manipulates its official statistics. Words: 1107
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