Oct
12
2009

The Great Recession Is Over Says Business Economists Panel

As I have repeatedly pointed out in this blog, the only thing that is keeping the game going for the economy at present is the fact that government spending along with Federal Reserve interference in the marketplace has created some green shoots. The consequences of this action for the short term has given us and these forecasters the mirage that “all is well.” The truth of the matter is that we are presently in the eye of the hurricane. The calm before the continuation of the economic storm.

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Oct
8
2009

Is Gold Peaking For Now?

Gold has broken to a new high, but the dollar index has not confirmed. Until the dollar index breaks below its March 2008 low of 72, I’d be cautious with being long gold mining stocks at the present time.

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Oct
7
2009

Forbes and WSJ Attack Gold; My Reply Ignored by Forbes Journalist

At least so far, Joshua Zumbrun from Forbes has chosen not to post my reply that disagrees with his perspective. Since I know that many of these bashers of gold won’t post my replies, explaining to them where they are mistaken about gold, I make sure and do a screen print to show that I have in fact replied but they have chosen not to post that reply. Then I expose them here on my blog.

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Sep
15
2009

Advisor Responds to my Comments About His Negative Gold Article

In my continual efforts to challenge investment advisors and journalists about the need to diversify with gold, a pleasant surprise developed today…..an advisor responded!

Even though the title of his article is misleading, Larry Swedroe, principal and the director of research for Buckingham Asset Management and BAM Advisor Services, did respond to my comments about his CBS Money Watch article; “Don’t Believe the Hype About Gold.”

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Sep
12
2009

Media Misinformation About Gold: But Author Did Publicly Post My Response

Chris Farrell from Marketplace Money, a column written for American Public Media, wrote an article that promoted misleading information about buying gold. The article in its entirety follows and you’ll find my response pointing out Farrell’s unsound advice about buying gold below that.

People need to know the truth when it comes to buying gold and I will continue to challenge financial advisors and the media journalists who continue to misinform the public about gold.

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Aug
25
2009

U.S. Debt Clock Reveals Time Isn’t On Our Side

The U.S. is the Debt Engine to the World

Take a look at the map of the world below. It shows in the purple color the countries in the deepest debt as a percentage of GDP. Interesting how most of the other countries in the world can manage their finances better than the U.S. can. Could it be because these countries are actually producing something?

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