US Action News

Even in a Depression our stock market could go to 20,000 if the dollar continues to be debauched.

Now, with Iran, Israel, U.S. and Europe exchanging sanctions, threats in daily new headlines, it is hard to imagine anyone in the business world would miss the connection between surging oil, gasoline prices, and escalating tensions over Iran’s nuclear program.

[G]old isn’t tied to inflation. It’s tied to low real rates which are often the by-product of inflation.

[G]old isn’t tied to inflation. It’s tied to low real rates which are often the by-product of inflation.

Peter Schiff explains how current government policies are leading us to a depression worse than the Great Depression and possibly coupled with hyper inflation. He says there never was a recovery, just an artificial bump from massive spending of printed money.

Since commodity prices tend to move in unison across the board, there could be some massive selling ahead – the proverbial “Blood in the Streets”, at least for anything commodity related

The Fed’s money machine will continue to destroy the value of the dollar and drive up the price of gold.

GCC states should boost their foreign reserve holdings of gold to help shield their billions of dollars of assets from turbulence in global currency markets, say economists at the Dubai International Financial Centre Authority (DIFCA).

Fiction vs facts from Bernanke’s 60 Minutes interview.

I think basically that the crash of 2007 through 2009 was only the first half of a much larger problem. I don’t want to say the worst is yet to come, but the second half may not be any more pleasant.