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Gold Buying Opportunity and Personal Announcement

Gold has experienced a healthy correction since it tagged $1800 recently, but it is really no big deal. As long as gold holds $1730, the outlook is bullish and it is OK to buy on corrections. I still see $2000 as a reasonable target heading into 2012. You should be praying for corrections because they are the precursors to incredible rallies. The average gold bug in 2008 was rooting for…

Volatility Rising in Europe

We are living through one of those great shifts in history that you read about as a kid. I find it fascinating. U.S. bonds are spiking amidst volatility in Europe, and this is what must happen before U.S. bonds crash. I’ve always said Europe will collapse first, then the U.S. We are still the deepest financial market in the world, and this gives us time to prepare. Everything is connected….

The Inevitable Contagion

We are on the verge of severe political and social volatility, and we are ill-prepared for it. No doubt Keynes if he were alive would pen a sequel to the “Economic Consequences of the Peace”; perhaps he would call it the “Economic Consequences of Government Stupidity”. Our leaders have had over 3 years now to think of ways to get out of this mess, and there are no intelligent ideas…

Another Great Depression

I’ve been getting a lot busier lately, so I haven’t had the time to ponder larger issues, but when I do get the chance to think about our future, I get very concerned. This crisis will affect our whole generation, much like the Great Depression affected people from that era. This is why they were buying bonds even though America was embarking on one of the great economic booms in…

Stocks Can Rally In A Recession?

Hey all. Just wanted to apologize for the site being down the past couple of days- I’ve been having some technical difficulties. To access my content in case the site goes down again, I recommend subscribing for email notifications on the right sidebar (if you haven’t already). Anyway, back to matters of the economy. People are just confused by what’s happening now. GDP figures come in relatively strong and corporate…