You Can Profit From the Global Financial Crisis... If You're Prepared
The American Dream is ending and it’s the nice, grey-haired lady next door who is to blame. That dream of prosperity – owning a home, building a business, perhaps even striking it rich – was a tantalizing prospect for generations of Americans. But it’s fading thanks to a critical shift in demographics towards an older [...]
Mainstream economists have filled the minds of most Americans with economic myths that are constantly reinforced by the media and repeated on the streets. These myths are erroneous at best, sometimes based on half truths. Many of them are just false. We hear and read them every day: “inflation” is caused by rising oil prices; [...]
The following is an excerpt from Richard Russell’s Dow Theory Letters. “Charlie Munger and I have not learned how to solve difficult business problems. What we have learned is to avoid them.” Warren Buffett A Critical Concept — I want my subscribers to be acutely aware of the very BIG picture. The big picture can [...]
When it comes to U.S. currency in circulation, the $2 and the $50 bills are approaching numismatic status due to either the government’s unwillingness to print them in sufficient amounts or the general public’s unwillingness to accept them as legal Federal Reserve Note tender. What people may not know is how other currency denominations have [...]
Unlimited money-printing from the Federal Reserve. Unlimited euro-printing from the European Central Bank. Japan’s central bank is printing more yen. The Bank of England is in the fray as well, announcing even more pound-printing. And yet, as you can see from this chart, the price of gold has not even bettered this year’s March high [...]
Most experts would agree that the biggest threat to the Chinese economy is a real estate bubble. Arguably, China has a massive housing and overbuilding bubble as can be seen on the chart below, … [Read More...]
The short version of the Long Wave story is that human beings are emotional creatures with limited memories. For as long as there have been markets we have been traversing the same sequence of … [Read More...]
Mainstream economists have filled the minds of most Americans with economic myths that are constantly reinforced by the media and repeated on the streets. These myths are erroneous at best, … [Read More...]