November 27, 2009 · 8 comments
in US Treasury, US dollar, central banks, commodities, currencies, foreign investment, forex, gold, hyperinflation, inflation, international economy, mining, precious metals, resources, wealth protection, world reserve currency
A gold tsunami is at our doorstep. It’s not about a bubble, trade or even a wall of fear. It might be partly some of each of those things, but that’s because it’s much, much bigger than each of those things. And I’m no gold bug – nor do I keep a cabin hideaway full [...]
OK, ok, the photo is a bit hyperbolic, but it raises an essential point. Whether or not you view the trending weakness in the US dollar a good thing, it makes sense to protect your money from further downside.
Why, you may ask, should you hedge against USD weakness if you never leave the US or [...]
It wasn’t surprising at $1000/oz, but even at $1100/oz this week, the naysayers are still in full force. What’s to deny about the trend in gold prices? You don’t have to be a gold bug to see what’s happening.
Here are the six main factors causing the price of gold to continue to rise. In some [...]
November 8, 2009 · 14 comments
in US economy, VIX volatility, economy, emergencies, financial fitness, layoffs, market bottom, market crash, news and updates, recession
I’m an extremely cautious bull on the current markets. Cautious, because, if a few criteria are met, the mini bull market (or bear market rally, if you prefer) we’ve seen since March 2009 could easily tip over and provide the catalyst for the hypothetical “double-dip recession.”
Commentators have recently been pointing out the fact that the [...]
There are two short-term advantages to a weak US dollar.
The primary advantage of purposefully driving the value of the US Dollar down, as Bernanke and Geithner both know, is that it makes US exports more attractively priced for foreign buyers. This, of course, helps the US economy in theory (if more goods are purchased as [...]
It’s one thing to buy gold and invest in BRIC ETFs to help protect your assets from double-digit inflation or hyperinflation expectations, but what if you don’t have that many assets to invest? What if you don’t really have any extra money at all? What should you do to prepare for high inflation? Does it [...]
Economists define the money supply as the total amount of money available within a given economy. Here, money is defined as the amount of currency in actual circulation as well as on deposit at financial institutions (where the money is often held in a more or less virtual form, since usually the bank never physically [...]