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» Dollar Collapse

  • This Is What Gold Does In a Currency Crisis!
    By on December 17, 2014 | No Comments  Comments
    To say that gold is in a bear market is to misunderstand both gold and markets. Gold isn’t an investment that goes up and down. It is money in the most basic store-of-value sense. Most of the time it just sits there, and when its price changes in local currency terms that says more about the local...
  • Well Played, Wall Street!
    By on December 16, 2014 | No Comments  Comments
    So the markets are getting skittish and the media is obsessing about the many things that could go wrong out there. It’s like 2007 all over again, but with one big difference: Back then the mega-banks were reasonably sure the government would, if necessary, bail them out of their hundreds of trill...
  • World in a Box
    By on December 11, 2014 | No Comments  Comments
    Of all the problems with fiat currency, the most basic is that it empowers the dark side of human nature. We’re potentially good but infinitely corruptible, and giving an unlimited monetary printing press to a government or group of banks is guaranteed to produce a dystopia of ever-greater debt an...
  • Why the US Is (Temporarily) Outperforming, In Two Cha...
    By on December 10, 2014 | No Comments  Comments
    Last week’s US employment report was, at first glance, the best in years. 300,000+ new jobs, rising wages, fewer people dropping out of the workforce, the whole package. Very hopeful. And also curious, since the rest of the world seems to be moving in the other direction. Consider: British wor...
  • Instability, Here We Come
    By on December 3, 2014 | No Comments  Comments
    Last week saw the global financial system tip from delusion — where it had happily drifted for several years — into chaos. Consider the following more-or-less randomly chosen data points: French unemployment hits record high Italian unemployment hits record high Oil’s price falls by $10.36/bbl...
  • Most of the World Panics — Is the US Next?
    By on November 29, 2014 | No Comments  Comments
    In late October Japan, despite a year of fairly aggressive quantitative easing, dropped back into recession and concluded that even easier money was the cure for its ills. It announced a debt monetization plan of almost science-fictional proportions in which the amount of new yen to be created, as a...
  • Inflation Chronicles, Part I: Art Prices So High, Cro...
    By on November 19, 2014 | No Comments  Comments
    Depending on which expert is talking, the world is either falling into a deflationary abyss or launching an inflationary moonshot. What’s truly weird and fascinating is that they’re both right. The mountain of debt taken on in the past few decades exerts a profoundly deflationary pull on the eco...
  • Did Gold and Silver Just Get Their Greenspan Put?
    By on November 11, 2014 | No Comments  Comments
    The world’s central banks and derivatives traders have been having their usual fun with gold and silver lately, dumping huge volumes of futures contracts into thin markets to produce massive declines — just when precious metals SHOULD have been soaring in response to near-global debt monetizatio...
  • A Sunny Silver Forecast: Low Price Today Means High P...
    By on November 5, 2014 | No Comments  Comments
    Solar power has been the next big thing in energy for as long as most people have been alive. But it was always too expensive to be anything more than a niche technology, attractive more for its coolness than its efficiency. That has changed, in a big way. According to a report by Deutsche Bank, gen...
  • US Now Importing The World’s Deflation
    By on November 3, 2014 | No Comments  Comments
    With US QE about to end, the rest of the world faced the prospect of another “taper tantrum” financial crisis, one that this time around could suck the major economies into a deflationary vortex. So it should come as no surprise that the end of QE was countered with a series of offsetting treats...
  • The Soaring Dollar Debate: Good, Bad, Ugly
    By on October 12, 2014 | No Comments  Comments
    The dollar is on a tear. And the world is scrambling to figure out what it means. Beginning with the always-interesting Martin Armstrong in a recent Financial Sense interview: “I know a lot of people that hate the dollar, but you have to understand the dollar is really only the game in town. Yes...
  • Money Bubble Predictions Coming True – Part I: ...
    By on October 11, 2014 | No Comments  Comments
    In The Money Bubble: What To Do Before It Pops, James Turk and I climb out on some long, skinny limbs with a series of extreme predictions. Now it’s time to start tracking the ones that are (or seem to be) working out, beginning with increasingly wild swings in US equities: Chapter 26, page 294: ...

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