Once again we find ourselves in the midst of a 20%, or greater, depending on what happens in the next few weeks, correction in the price of gold, so I thought it was time to present some random gold correction thoughts for your consideration. The dire predictions for the collapse of the gold market are [...]
Inflation is having a major influence on gold predictions this year. It is clearly, along with the perilous position of the U.S. dollar, the most influential factor in the future direction of gold and silver prices. Inflation will cause the dollar to decline and gold and silver to rise. They are connected at the hip [...]
Inflation is baked into the cake, while QE-3 is waiting in the wings. It is amazing how the people who created the problem are put in charge of fixing the problem that they never saw coming in the first place. Ben Bernanke is called the foremost scholar on the history of “The Great Depression”. It [...]
Every once in a while something comes along that puts everything into perspective. “Quantitative Easing” is a term that tends to numb the mind, create drool and sends your head banging off the desk because it tends to defy logic. I have tried to get the word out on what it is all about, so [...]
Are we in seeing a gold mania? We are not even close to seeing a gold mania. The average investor has not gotten on board investing in gold and gold stocks. When Joe six pack starts investing in gold, then, and only then, will we see a true gold mania. This latest correction from gold’s [...]
The dollar rout continues and gold is responding to every downward tic in the dollar. This rout of the dollar has been long over due and will likely continue if the dollar breaches the .77 support level. I have been calling for this decline in the dollar for some time now, so to see it [...]
Ben Bernanke is deathly afraid of being labeled as the Fed Chairman who presided over a deflationary depression, so he is hell bent on quantitative easing to infinity and beyond. Wake up people: It’s Inflation, Stupid! The same government bureaucrats that created the housing bubble, Barney Frank, Chris Dodd, et al, are insuring through legislation [...]
Did George Soros create the “big lie” about $1,500 gold, or is he just manipulating the market as he did with the British Pound? The answer to that question is probably way too complex to definitely flesh out at this time, but the truth is it doesn’t matter which way the chips fall, because George [...]
David Leonhardt and the New York Times are the bellwether for disaster in the world’s economic systems. There is always at least one seminal moment that lets you know that the status quo is about to change inexorably. David Leonhardt’s New York Times article on Saturday July 10, 2010 is truly the moment that is [...]
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