Clear and Present Danger Zone

dangerDing, Ding, Ding!
The bell tolls, not for the 1%, but for the remaining 99% in Europe, the UK, Japan, and the US.
What Danger Zone?  The powers-that-be must find a way to keep the masses under control, raise taxes, enrich themselves and monetize the debt.
The result will be currency devaluations, blood, inflation, distractions (such as downed airliners and new wars), banker bonuses, continued payoffs to politicians, and so much more. [Read more...]

The Rot Within, Part II: Inflation Is Not “Growth”

hyperinflationThe official policy of the Central Bank (Federal Reserve)/government is: inflation is necessary for “growth,” i.e. economic expansion. The unstated reason for this official support of inflation is that it’s easier for borrowers to service their debts as their income inflates.
Just as the Federal Reserve cannot directly force you to stick the needle of monetary heroin (debt) into your arm, it also can’t force employers to pay employees more. [Read more...]

Jim Willie: End of the U.S. Dollar Regime!

jim willieIn this MUST WATCH interview with Finance & Liberty’s Elijah Johnson, Jim Willie breaks down his explosive prediction that Germany is in the process of pivoting east to join the Russian/Chinese/ BRIC alliance, and abandoning the fiat US dollar currency regime.
Willie states that WE HAVE REACHED THE END OF THE US DOLLAR REGIME!
The dollar is going to be rejected on the global stage, and the majority of Americans won’t even know it!

Jim Willie’s full interview on the end of the Petro-Dollar Regime is below: 
[Read more...]

The Almighty Dollar Is In Peril As The Global ‘De-Dollarization’ Trend Accelerates

As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade.  Gazprom is now asking their large customers to start paying in currencies other than the dollar But this is not just a story about Russia any longer.  As you will read about below, China and South Korea have just signed a major agreement to facilitate trade with one another using their own national currencies, and even prominent French officials are now talking about the need to use the dollar less and the euro more.  John Williams of shadowstats.com recently said that things have never “been more negative” for the U.S. dollar, and he was right on the mark.  The power of the almighty dollar has allowed all of us living in the United States to enjoy an extremely high standard of living for decades, but as that power now fades it is going to have profound implications for the U.S. economy.  [Read more...]

Hyperinflation Dead Ahead? US Monetary Base Goes Parabolic

If the economy is hunky dory, then why is the money supply going parabolic? [Read more...]

Is the US Dollar Under Direct Attack Now?

dollarIn just a little over a week the BRIC summit will take place in Brazil. A couple of key topics at the summit will be the promotion of two major projects, the BRIC Development Bank and the establisment of an emergency reserve fund for the BRIC nations.   While these events are US dollar negative, we can expect not much will be said at the summit about the dollar. In fact, the talk leading into the summit is that the BRIC bank is still 1-2 years from lending money.
But if you look elsewhere, a direct attack on the US Dollar appears to be underway right now.  [Read more...]

Gold Prices Benefit From Economic Sins

Gold VaultGold has been a store of value for 5,000 years.   It has protected people from inflation, wars, and irresponsible governments during the last several thousand years. Gold has not always and forever been a good investment – the price of gold declined between 1980 and 2000.
But gold is currently excellent insurance against counter-party risk, consumer price inflation, central bank “money printing” and the consequences of the economic sins committed by irresponsible governments and central banks.
Gold (and silver) prices have bottomed and will move up substantially for several years. [Read more...]

The U.S. Dollar Had To Use The Rest Room Today…

SeptDXWhile gold, silver and mining shares catapulted from overnight and early attempts to manipulate them lower…
The U.S. dollar has lost the psychologically important 80-handle, it lost its 200 day moving average on Friday and its 50 dma today.  [Read more...]

What Crude Oil Says About Silver

Crude Oil and Silver ComparisonIf you want to know where silver prices are going, ask crude oil!  Crude oil prices have many reasons to explode higher and few to drop lower. The trend has been up for more than a decade.  Central banks will print, politicians will instigate more wars and invasions, and each euro, yen, and dollar will purchase even less crude oil and gasoline. It is business as usual, but with an extra dollop of chaos, war, and price inflation tossed into the mix…. [Read more...]

Betting on Silver: “Keys to the Game”

betBetting on investments is not that different than betting on football games.   You identify one or two “keys to the game.”
Long bets vs. short bets …
For three years now I’ve been betting on silver as a smart investment.
My “key to the game” – and the reason I’ve made these bets – is simple enough: America, I’m betting, is effectively broke and must print money to stay in business. This assessment tells me that, at some point, the purchasing power of the dollar will decline precipitously and that demand for gold and silver will become much greater.
[Read more...]

Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else

Have you noticed that prices are going up rapidly?  If so, you are certainly not alone.  But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be.  Perhaps if the highly manipulated numbers that they quote us were real, everything would be fine.  But of course the way that the inflation rate is calculated has been changed more than 20 times since the 1970s, and at this point it bears so little relation to reality that it is essentially meaningless.  Anyone that has to regularly pay for food, water, gas, electricity or anything else knows that inflation is too high.  In fact, if inflation was calculated the same way that it was back in 1980, the inflation rate would be close to 10 percent right now. [Read more...]

Alasdair Macleod: Blaming Deflation

Alasdair MacleodWith the Eurozone going to the extreme of negative interest rates and the IMF belatedly revising downwards their expectations of US economic growth, deflation is now the favoured buzzword.
It is time to untangle myth from reality and put deflation in context. [Read more...]

The United States Of Debt: Total US Debt Hits New Record High Of Nearly 60 Trillion Dollars!

Total DebtWhat would you say if I told you that Americans are nearly 60 TRILLION dollars in debt?  Well, it is true.  When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, we are 59.4 trillion dollars in debt.  That is an amount of money so large that it is difficult to describe it with words.  For example, if you were alive when Jesus Christ was born and you had spent 80 million dollars every single day since then, you still would not have spent 59.4 trillion dollars by now.  And most of this debt has been accumulated in recent decades.  If you go back 40 years ago, total debt in America was sitting at about 2.2 trillion dollars.
Somehow over the past four decades we have allowed the total amount of debt in the United States to get approximately 27 times larger.  This is utter insanity, and anyone that thinks this is sustainable is completely deluded.
We are living in the greatest debt bubble of all time, and there is no way that this is going to end well.
Just check out the chart…
[Read more...]

It’s All Good!

muppetsThings couldn’t be better in our blissful economic utopia. I mean, for crying out loud, look at the stock market! It goes UP every day!! Things must be better than they’ve ever been.
The reason why the rich and get richer and everyone else is stuck in neutral and getting squeezed more every day is Fed policy.
Since direct debt monetization began five years ago, the “stock market” has soared and nearly tripled.   IF you had wealth and were able to participate, you’re pretty happy and you can at least still afford to drive and eat.  IF, on the other hand, you’re just a regular guy or gal with a spouse and a family, struggling to make ends meet, here’s what you’ve had to endure, instead: [Read more...]

Steve Forbes Explains How the US Would Prosper Under a Return to the Gold Standard

LaurenLysterSteveForbesIt appears that Austrian economics are beginning to make head-way into the mainstream.
In this excellent interview with Yahoo Finance’s Lauren Lyster, Steve Forbes makes the case for a return to the gold standard, and how a return to strong money is the only viable solution to prevent the complete destruction of the dollar.
Forbes’ full interview with the lovely Lauren Lyster is below:  [Read more...]