U.S. Treasuries

Is the U.S. Dollar Collapse Imminent?

The truly epic rally in silver continues, and it appears there’s no way out of talking about it. I almost don’t want to write about silver because it seems like people misunderstand what I’m trying to say. What I say next will probably be selectively ignored once again, but let me just repeat: Most of my net worth is in silver! I believe in silver. I enjoy looking at my profits…

Government Shutdown Averted, Debt Still Problematic

The tendency of our leaders is to focus on small things and lose sight of big things. Just last week, there was a panic over a potential “shutdown” of our government because of a budget impasse. Luckily, we averted a crisis because Democrats and Republicans were able to put their differences aside and come to a compromise of $38 billion in cuts. But oh wait, isn’t our projected 2011 deficit $1.65 trillion? This much-publicized cut…

The Disaster for Retirees

The years ahead are going to be very trying for our country in general and Baby Boomers in particular. I’ve often attempted to explain how this crisis is going to hit Baby Boomers especially hard. When the Fed sets monetary policy, they are putting speculators ahead of Boomers. This is a fact. A major crisis is forming because Boomers are feeling pressure on their investment portfolios at the same time that pensions are underfunded. Where…

Willfully Blind to the Debt Crisis

Every single day that precious metals rise and protests spontaneously erupt around the world, I get more convinced of the crazy events that are coming to our shores. This is a crisis we are not prepared for. Instead of recognizing the future that higher gold prices are implying, we are focused on maintaining the status quo. Even Obama’s wage freezes on the Federal level are not enough- the Federal government is still set to add about 15,000 employees…

Gold Bubble?

Gold is an asset that people believe is difficult to value because frankly, people don’t put in the effort. Analysts will always talk about how they value companies based on either cash flow or dividends as if it were some kind of hard science. They won’t tell you that their assumptions go out the door as soon as the business cycle turns, which is regularly. In times of panic, their…