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Continued from Part 1 Deflation In Real Estate Meanwhile, on the deflation side, we have real estate declining in price for four years and on the verge of falling further. Banks still aren’t lending and still aren’t marking to market the real value of their assets. Do people really believe that these assets are going to go back to their …

Every time you hear “the dollar’s down” or “the dollar’s up,” what exactly does that mean? If they say the dollar is currently trading at 76.54, as it is today, what does that tell you about the relative strength of the dollar or its purchasing power? The truth is, it doesn’t tell you much at all. I began to make …

Every once in awhile I will get someone who calls in and asks whether I think there will be a one world currency. They get this idea from listening to certain individuals that prey on the fears of people. Even noted perma-gold bull Jim Sinclair has said there is a one world currency coming. I say we already have two …