The policies that are being employed to create the appearance of economic and market stability are not effectively addressing the underlying symptoms of economic malaise; in fact, they are exacerbating them.
Post Tagged with: "Gold"
Our Keynesian Depression
In the same way the Great Depression and the depressions before it lasted eight to 10 years, we will likely continue to see constrained economic growth until 2015-2016 (roughly nine years after U.S. home prices began to slide).
Happy Days Are Gone Again
Even in a Depression our stock market could go to 20,000 if the dollar continues to be debauched.
How much is the U.S. dollar worth?
Our dollar today is worth less than 19 cents when compared to 1971 and the price of gold fluctuates between $1,500-1,700 per ounce.
Beginning Of The End For The Petrodollar? Saudi Arabia And China Team Up To Build A Gigantic New Oil Refinery
The level of prosperity that we are enjoying today would not be possible without the petrodollar system. Once the petrodollar system collapses, a lot of our underlying economic vulnerabilities will be exposed and it will not be pretty.
The State of the Union, Just Another Reality Show
[I]t’s actually a spectacle that crowds out the real news. News about the impact American diplomacy is having on our future standard of living. News about the U.S. dollar’s reserve status winding down.
How Currencies Die and Gold Prospers — Part I
Matters approach a critical state around the world. Most of the advanced economies, including the U.S., are insolvent (see here and here). It is mathematically impossible for these countries to avoid defaults on financial and social obligations. Spending cuts and tax hikes are also inevitable. The tipping point for such actions was passed years ago.
New Model Forecasts Gold to Reach $4,380
[G]old isn’t tied to inflation. It’s tied to low real rates which are often the by-product of inflation.
New Model Forecasts Gold to Reach $4,380
[G]old isn’t tied to inflation. It’s tied to low real rates which are often the by-product of inflation.
Soft-Landing Nonsense – Global Recession is Here
Should central banks step in, watch for gold, crude, and oil prices to rise, and little else to happen. Central banks and world governments have applied so much totally useless Keynesian and Monetarist stimulus to prevent the inevitable, there may be no landing at all (soft or hard), until a global crash.