Equities and precious metals are on the edge of another rally and it could start as early as tomorrow. On March 13th I posted some of my analysis online showing how the market was trading at a key pivot point and that a sharp price movement was about to unfold. I also provided everyone with the direction in favor which played out perfectly catching a 4.5% in three days.
I don’t know how likely it is, but shouldn’t the gold price naysayers and gold bubble theorists all stand up on their chairs and jump off right about now?
Very few people have either the time or patience to sift through the data released by the Treasury Department in the wake of its bond auctions. But the numbers do provide direct evidence of the country's current financial condition that in many ways mirror a financial shell game that typifies our entire economy.
In what can only be described as mindless, wild crack up boom speculation, copper inventories in the three big exchange warehouses have hit extremely high levels, even higher than what was seen in the pre-financial crisis 2008 commodity bubble Numero Uno.
When inflation hits a healthy economy such as China it has an entirely different impact then it does on today’s developed world. When we hear the word inflation, the mind turns back to textbooks on economic principles and sees solutions that did apply in the past but do not apply today. That is in the developed world. These solutions will work still in China where incomes are soaring, GDP growth is in double figures and money supply needs to expand to accommodate tremendous economic development. In the developed world where inflation has passed the poor levels of economic growth and interest rates, the scene is totally different.
The dollar is in danger, but is this the endgame? It's broken down through a key level of support. What could save it? What are the implications of further falls? Let's take a look.
This Sunday, AT&T and T-Mobile USA operator Deutsche Telekom AG made a huge merger announcement. AT&T, the United States’ second largest wireless operator, agreed to acquire the fourth largest provider, T-Mobile, for $39 billion in cash and stock.
What will happen to the U.S. economy and the dollar in the near term? Will inflation increase dramatically? What is the outlook for gold, and where should you put your money? BIG GOLD asked a world-class panel of economists, authors, and investment advisors what they expect for the future. Caution: strong opinions ahead...
Nothing defined Alan Greenspan's tenure as chairman of the Federal Reserve Bank more than his wholehearted embrace of capitalism. With early roots in his 30-year association with the novelist and philosopher Ayn Rand, that faith grew into an unconstrained confidence in the free market and deregulation to steer the economy and ward off crises.
