Does China own more U.S. debt than we thought? It appears that the answer is YES. If this is true (and it will be difficult to get a clear cut answer from the Fed or the U.S. Government), it could be a real game changer that might put the U.S. back in the drivers seat [...]
PIMCO’S Bill Gross predicts QE3 and he is not alone. The economy is in shambles, and all of the Obama regime’s attempts at obfuscating the truth will do nothing to alter the facts. The U.S. economy is frozen between barely growing and teetering on a depression. The sad truth about this is, that it is [...]
So the Fed, in so many words, insists the economy is just facing a bump in the road. I feel much better now. It is so reassuring to have people in charge that know what is required to fix a problem and who are not afraid to take the steps to do it. Oh right, [...]
We are living through a phase in history where unrest and uncertainty reign! Even in the areas where we can see clearly the direction that we are headed, we are being told by the media that all is not as we see it. Is it any wonder that the markets are in turmoil and that [...]
The dollar rally wilts gold! Not much more need be said. The U.S. Government and its complicit ally, the Fed, are trying to do everything they can in order to cobbled together a dollar rally which will put the brakes on gold and get the rating agencies off their back. The regime’s political future rests [...]
George Soros sold gold, did you? The discussion on his latest move will go on for some time, but I feel that Mr. Soros is simply trying to move the market in his favor. He knows that the fiat currencies of the world are nearing a crisis and he is simply trying to create an [...]
Without a doubt, the next stop: QE-3. There is no question, after today’s economic numbers, that QE-3 is already in the works. The US economy will choke under higher interest rates and the housing market will crater, from where it is now, by 50% if interest rates rise. The Case Shiller Index shows the housing [...]
It is time that we all acknowledge the coming gold standard. I have said on numerous occasions that the price of gold is all about the dollar. I may have spoken too quickly and in so doing given little shrift to the other fiat currencies around the world that are playing the foil for [...]
What is going on in the precious metals: boom or bust? The answer may not be that complex. It appears that the market is going through a normal consolidation that will strengthen the next move up. Markets do not go up in a straight line, but rather they proceed in the direction of the primary [...]
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