‘Quantitative Easing’ Archives
Why I believe gold will continue to rise.
The jury is in. Larry Edelson's bearish forecast is just plain wrong! I hope you did NOT take his advice and sell out your positions. Oh sure, there was a correction, or more accurately, a Cartel-led smack-down, but strong physical buying out of China and India provided a "floor" for gold and silver to base off of. Gold held firm just above [...]
Deflation or Inflation?
A decade ago, Miller Highlife beer aired a series of wonderful light beer commercials on TV during the NFL season staffed with a large number of celebrities who waged a battle - One group shouted "Great Taste" and the other group shouted back "Less Filling". The debate ran for years without a winner, but the message was, of course, that the beer [...]
Our gold and silver business has never been better
"The idea that QE is primarily to help the economy recover is Keynesian guff, a cover for the true reason. Without it, the U.S. and U.K. would have to compete for global savings at far higher interest rates. What price $2 trillion in new Treasuries with no QE? What price L175 billion in new gilts? The debt trap has already sprung. And few [...]
And they call this a Gold Bubble – I call it a God Send
The highlights in today's daily come from the two people who, more than anyone else, "tell it like it is." Andy Hoffman and Bob Chapman refuse to "sugar-coat" the problems and both write with a sense of urgency that is uncommon. Those of us who understand the nature of the problem face a dilemma. If we soften the message, our readers are left [...]
The Fed can give the banks money but you can’t make them lend it.
In today's daily, there are two long-winded articles from our friend, Andy Hoffman. Andy is working overtime these days. He has a lot to say and it is very worthwhile. As I have mentioned in the past, Andy's take on the precious metals market and the global economy mesh closely with Miles Franklin's views. I will be meeting with Andy in Denver a [...]
Jim Sinclair is right – QE to Infinity!
They aren't leaving us any place to hide. Stock-based portfolios are tumbling. Gold and silver are falling. Real estate - well, no need to comment here. The message is loud and clear: ONLY THE US DOLLAR AND US TREASURIES ARE SAFE. It is perfectly obvious that this massive takedown in all of the markets was engineered to make a point. Once the [...]
Gold and Silver are Still in a Long Term Bull Market
Why did gold rise on Monday? Although the media made no mention of it, the Bank of England added hundreds of millions to the money supply on Sunday, their version of QE3. The funds responded by buying gold. I wish to re-state my view that gold and silver are in long-term bull markets that have not ended. My horizon is at least three to five [...]
The European Union has no choice; they must inflate.
I never cease to be amazed by the special way gold and silver are treated by the mainstream. If the stock market drops, it is "a correction and a buying opportunity." When gold and silver drop it is "the end of the bull market and the end of precious metals as a safe haven investment." We are in the middle of a rip-roaring bull market in gold and [...]
This is not 2008 revisited – it’s worse!
As of 8:30 a.m. EST, Sept. 20, the US National debt was $14,744,278,404,668. That is over $47,000 per American citizen, over $131,000 per taxpayer. America is bankrupt and desperate to grab at any loose dollar within its reach. -Five Min. Forecast I get an increasingly ugly feeling that we are re-living 1930. -Richard Russell I [...]
The global economy has gotten worse
No comments from David today. Take a look at this excerpt from Andy Hoffman below: We're through another weekend, and unfortunately the global economy has gotten worse. In fact, while the rest of us were exercising, doing yard work, and relaxing with family and friends, Central Bankers were DESPERATELY trying to hold the dam together, [...]
