Financial Sense Blog

Our fundamental concerns primarily center on the possibility Portugal will become the market’s next target soon after some bailout is finalized in Ireland. Eventually, market participants will come after both Portugal and Spain.

Lets face it, governments always try to ‘kick the can down the road’. Rather than deal with economic issues in the here and now, they prefer to postpone the pain. Unfortunately, in their attempt to avoid painful economic recessions, the policymakers sacrifice the purchasing power of their currencies and they end up creating even bigger troubles for the future.

Earlier this week I spoke at length with former KGB Lt. Col. Victor Kalashnikov, who has been traveling in Germany. Kalashnikov wanted to talk about British Gen. Sir David Richards, who was interviewed in the Sunday Telegraph. Here was the British Chief of Staff explaining that "you can't defeat the Taliban or al Qaeda militarily." In fact, clear-cut victory is unnecessary, said Richards. All we have to do is contain Islamic militants, so our lives won't be disrupted. Upon reading this, Kalashnikov wondered about a shift from offensive strategy to defensive.

The American way of life – which is now virtually synonymous with suburbia – can run only on reliable supplies of dependably cheap oil and gas. Even mild to moderate deviations in either price or supply will crush our economy and make the logistics of daily life impossible.

In the last week, gold and silver prices fell even as George Soros himself commented that conditions for gold looked perfect. Why? A look around at virtually all markets from Shanghai through Europe and back to the States fell.

Given all that stress that the Federal Reserve's currency debasement program is laying on the global economy, last week's G-20 summit in South Korea should have been the monetary equivalent of a military degradation for the U.S. dollar. The greenback should have been slapped across the face, stripped of its medals, and cashiered from the ranks of respected currencies. Instead the dollar escaped unscathed, retaining its privileged status as the world's reserve.

The time to invest in America’s future is now, before the lights go out and the bridges fall down.

Can you visualize a possible scenario that could put a sudden end to the secular rise now underway in gold and silver? In a recent conference call with the research team of The Casey Report, we once again collectively tried to imagine what situation… what scheme… what government manipulation… might finally put a stake through the heart of gold. Setting the stage, I th

For the past 35 years, The Browning Newsletter has maintained a belief that a person is significantly influenced by the climate in which they exist. Therefore, in understanding the past and present conditions of the climate in which they live, they can use the momentum of change to their advantage in forecasting trends related to behavior and commodities.

When everyone is so very certain about what is going to happen, reality gets in the way and thumbs its collective nose at the public. So it seems with the effect of quantitative easing part II (QEII) on the financial markets. Investors got very comfortable with the fact the Fed was going to be the investor of last resort in the bond, equity and ultimately in the foreign markets, keeping all the assets afloat as the Fed bought back huge amounts of treasury securities.