June 23, 2012 –
I found this to not only be very inspirational, but also very insightful. Worth every second of your time... [more]
January 15, 2012 –
Looks like a very similar set of waves (same pattern,smaller amplitudes) in gold occurred the last time gold rallied back in late 2009 to mid 2010. If you have the time pull up a 3 year chart of both the USDX and Gold. Gold actually developed a positive correlation with the dollar towards the latter part of the dollar's rally (around Feb 2010) at around the same levels on the USDX we sit at today--I believe the same will occur this time. Why? Two reasons: 1.) Prices in precious metals fell significantly, very quickly, as the dollar began its rally, creating good technical buy levels, on oversold conditions, particularly in silver. 2.) As the dollar rallies USGDP falls, as exports decrease, and private consumption decreases--a somewhat deflationary result, due to the psychological response of "why buy now, while things are getting cheaper over time". As GDP falls, and earnings begin to slip the fed ratchets up rhetoric in regards to stepping in to weaken the dollar. A weak dollar is the fed's last /only attempt at aiding GDP numbers--it's the only tool left. [more]
January 02, 2012 –
I'm not sure how many of you Fools, had heard of this guy, prior to this post, but I was fortunate enough to come across him myself, while looking for a new economics book to purchase for my kindle. After seeing the book on Amazon, I subsequently performed some research on the author finding his personal blog: http://papermoneycollapse.com/. I read and watched several of his blog posts, and was delighted but what I found--so much so that I promptly purchased his new book "Paper Money Collapse" and felt overly compelled to introduce him to the Fool community. [more]
November 12, 2011 –
I would like to make it known that our ponzi scheme of a system will reach a new, incredible milestone at some point tomorrow: [more]
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