Debt Crisis

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Why Being a Full-Time Bear is Hazardous

As I scour the internet, I sense misplaced bearish sentiment and a growing chorus of people expecting a stock market crash. I don’t think a crash is likely, which puts me in an uncomfortable position. Most of my peers in the “government debt is out of control, gold is going to rally, prepare now or forever hold your peace” crowd are bearish on everything. I just don’t agree, and I haven’t agreed in years. The sad thing…

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Beware the Machines Are Here!

I’m attaching a very interesting video about advances in technology and how this destroys lower skilled jobs. This is a trend I am very bullish on, and trust me, this video is well worth the 15 minutes of your time. We are in a different era and the 10% of people that prepare themselves will reap outsized rewards. We will come out ahead because of technology, but the transition will be very painful because…

Where’s the Economic Collapse?

Those who have been expecting an economic collapse are no doubt wondering why the markets are not reacting to clear bearish news: a) the renewed engagement in Iraq, b) the Ukranian/ Russian crisis, and c) riots on the streets in St. Louis. Let’s also not forget the cell phone “kill switch” that is about to be passed in California under the veil of catching criminals who steal phones. The truth, though, is that…

The Birth Pains of the Debt Crisis

If I had to guess, I’d say my readers are quite a bit above average in critical thinking. After all, to even consider the validity of gold as an investment, or to question government policies and propaganda, you have to think critically. So to be honest, I am not that concerned about my readers making it out of this crisis in decent shape. That being said, we must all face the facts. And…

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Do You Remember? Why Gold?

Gold is turning into something of a forgotten asset, and that’s fine by me. There will be a time to buy gold again, and when that time comes, there will be very few believers. That’s the way it always is before a major rally. With most things in life, you see something like a 90/10 or 80/20 rule. As it relates to gold, this means that 5% are in the “gold…