Archive - Apr 24, 2013 - Blog entry

A currency for clowns...

The is the key area to watch. If Gold continues to correct, then we could go to $1200. But Gold should hold up here as ong as the long-term trendline remains intact.

Insider offered an alternative, a heresy for Germans, an exit strategy if you will, a Plan B.... And he predicted that the euro might not last another five years!

Why Have We Lost Our Rights In The New "Post-9/11 World" If The Government Can't Keep Us Safe?  Trillions Of Dollars - And Thousands Of American Lives - Have Been Squandered On Boondoggles And Pork. What The Heck Are We Doing?

When you wet the bed, first it is warm then it is cold...

“This isn’t the end of the world,” says Rick Rule. “This is a normal – and ultimately healthy – cyclical decline in a longer term bull market. This is a sale.” None of the macroeconomic, geopolitical, or global demographic conditions pointing to a long term increase in gold and commodity prices are any different today than before the metal’s price began a multi-day slide last week.

Investors take note, a false breakout is an extremely dangerous thing. If the stock market is in fact failing to maintain its upward breakout, we could see a sharp reversal similar to that of Gold (Gold has lead stocks for much of the post-2008 period).

The implications of the latest political developments in Italy.

The resilience of the euro and Australian dollar today, given the heightened rate cut speculation, may be indicative of a reversal of the US dollar's recent fortunes.

How does it really work under irredeemable paper? It's more complicated than under gold.