Archive for January, 2013

Why Buy Gold?

Read the Latest News About: Gold    Silver    Economy    Central Banking Read Why Buy Silver? (January 2013) Gold has been real money (medium of exchange and a store of value) for over 3,000 years. It is still real money. Gold has no counter-party risk. It is not someone else’s liability. It has intrinsic value that is recognized around the […]

Past & Future Speculative Bubbles – What They Indicate for Gold and Silver!

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) This is not a prediction of future prices of gold and silver; it is an indication of what could happen in a speculative bubble environment based on the history of previous bubbles. I’ll summarize a simple analysis of past bubbles. Definitions Bubble: A speculative mania in […]

What Could Go Wrong? And How Gold Will Benefit!

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) The United States, Greece, France, Japan, and most other countries spend much more than they collect in revenue as calculated on a cash basis without accounting for the much larger unfunded liabilities promised to Social Security, Medicare, and Pension recipients. This means the official national debt […]

Why Owning Gold is Absolutely Essential – Charles Ponzi Meets Cassandra

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) “I willingly accept Cassandra’s fate To speak the truth, although believed too late.” – Anne Killigrew One fine day on the streets of Washington D.C. the ghost of Charles Ponzi struck up a conversation with the ghost of Cassandra. He was a charming devil and assumed […]

Shelter from The Coming Storm – Gold, Silver, and Real Assets

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) What Storm? A hurricane of digital money created by central banks to purchase government debt and other dodgy assets from banks. A tidal wave of deficit spending by governments around the world. It continues, regardless of whether you call it business as usual, stimulus, payoffs, or […]

Non-Predictions for 2013 & 2014

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) More of the Same More money printing by central banks. A trillion here and a trillion there, printed money everywhere. More deficit spending. $3 Billion per day, but who cares? More useless commentary about controlling spending, but the result will be increased spending and more useless […]

The Madness of Men

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) William H. Gross (manages the largest bond fund in the world – PIMCO) has much to say about Quantitative Easing and money printing. His latest article, Money For Nothin’ Writing Checks For Free, discusses Quantitative Easing (printing money) and the inevitable consequences. He notes that central […]

Ten Steps to Safety

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) The best time to start preparing was about a decade ago. The second best time is today. Make a plan and act. Start by reducing living expenses and eliminating credit card debt. Expect sweeping changes! I hope the inevitable currency collapse is slow and gentle, not […]