Monday should be a really interesting day for the general equities markets and gold for that matter as we wait and see what the results of the downgrade dust up will be. For the first time in its history, the U.S. has been downgraded from Triple A to Double A+ by Standard & Poor’s, which puts the U.S. on a level with Belgium while Canada, [...]
If there is one question that comes to mind this week it is this: Why are gold stocks going down while spot gold is going up? “Pravda”, aka the U.S. press, has manged to misdirect the markets into thinking that the “debt ceiling” is the story, while totally ignoring the real problem, which is the U.S. debt. The two are totally different. The debt ceiling [...]
Are we witnessing a reoccurring pattern? I think we are and it is a disturbing pattern at best. It seems quite obvious , as I have stated “ad nauseam”, that the Obama regime is in way over its head when it comes to the U.S. Constitution and the free market economy. We are living through the reign of the first ideologically unbending Marxist/Socialist president that [...]
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, this is Bernanke and the Obama regime. For a second [...]
As the U.S. sinks further into the economic and foreign policy malaise that is the Obama administration, the rest of the world marches on and we are left to ponder what might have been, while facing a world with Russia and China united. It is shocking to see the United States shrinking economically and in world wide influence, while Russia continues to make bold alliances [...]
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 environment where gold will get sold so that he can [...]
The Fed is stuck between ” rock and a hard place” because inflation is picking up. Jim Sinclair has often said, “An economy not accelerating at an accelerating rate is declining at an accelerating rate.” No truer words have ever been spoken. Despite what the media is trying to promote in order to prop up “The Community Organizer In Chief”, this economy is in a [...]
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 trend in a staircase pattern. If the general trend is [...]
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 the meddling of the ruling class does to the financial [...]
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