Pop Goes The Gold Bubble?

Posted by on Oct 11, 2011 in Gold | 0 comments

I always get a kick out of these articles that young writers put out when they try and tackle a subject such as gold and claim it’s in a “bubble.” To date, I have not seen one of them address the banking system mess our country is in (as well as the banks of Europe and soon most everywhere else). Another Negative Article On Gold I replied to a recent article I found on Seeking...

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New Currency The Barackazillion – The Only Currency You’ll Ever Need

Posted by on Jul 1, 2011 in Economy | 0 comments

Introducing; the Barackazillion – The Only Currency You Will Ever Need – go to http://barackazillion.com/ and watch the video. “Money We Can Believe In” “As Good As Gold” For those who lean left, I would have done the same thing for Bush had I thought of it then – I am neither left nor right in my political views. I will do the same thing for the next...

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Bernanke’s Psychological Warfare On Gold and Silver

Posted by on Jan 4, 2011 in Gold | 1 comment

If you want to return the U.S. economy to the glory days again, one potential way to do it is to have people perceive “all is well” by propping up the one area that most view as a sign of a strong economy; the stock market. When people look at their 401k statements at the end of the month and see a higher figure than the prior month, they get a feeling of comfort. What a better way to...

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What Does the Price of Gold Do In Deflation? UPDATED 10/12/2010

Posted by on Aug 20, 2010 in Gold | 0 comments

Frank Holmes, CEO and chief investment officer at U.S. Global Investors, recently wrote an article “Gold and Deflation.” In this article, Holmes came to the following conclusions; 1. Interest earned on 90-day Treasury bills below the inflation rate is a signal for governments to try to stop deflation and reflate the economy. 2. During these periods, governments usually need to...

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Unemployment Numbers Don’t Tell the Whole Truth

Posted by on Aug 7, 2009 in Unemployment | 0 comments

Today’s lower unemployment numbers have the NYTimes saying it’s signaling a shift in the economy and the White House is calling the job report good news for the economy. But where is this “shift” coming from? The Bureau of Labor Statistics Employment Situation for July 2009 showed the following jobs data: The number of long-term unemployed (those jobless for 27 weeks or...

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