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 [...]
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 [...]
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 [...]
There are many reasons why it’s different this time. Some are part of a larger plan based on the nature of mankind and the desire of some of the group, namely the Progressives/Marxists/Socialists, or whatever label they morph into next, to control the lives of the people around them and part are based on what [...]
S & P downgrades the U.S. dollar and the DOW takes a dive on the news. Standard & Poor’s maintained the country’s top AAA rating, but downgraded the U.S. credit outlook, saying “authorities have not made clear how they will tackle long-term fiscal pressures.” This is just the opening salvo in what will become as [...]
It is time to shut the government down! The sands have moved to the bottom of the hourglass and are about to drop to the bottom of the glass, one grain at a time. We have been saddled with an infantile “Community Organizer In Chief” who will stick to his Marxist/Socialist ideology, while those around [...]
Now it is time for some market musings after what was a really fun week to be trading in gold and silver. Gold and silver performed well last week, but not well enough to confirm extended breakouts. It appears that, once again, gold and silver will consolidate sideways for a while. This may be the [...]
The Fed is serving two masters and doing neither job well. It matters not whether we are talking about the dual mandate in the Federal Reserves charter or their blatant attempt to keep the Obama Presidency from sinking like a rock. At first the Fed stepped in with “Quantitative Easing 1″ in order to, ostensibly, [...]
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