The much-hyped economic recovery has suddenly disappeared into thin air as economists and mainstream analysts are left scratching their heads in bewilderment. But since the herd couldn’t see the biggest collapse in 75 years coming, what makes you think they can recognize a double dip before it develops?
2nd quarter...
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It has been a while since we interviewed Dave- and anyone, so we might sound a bit rusty. The sound gets better after the start.
Dave gives his views and outlook on stocks, inflation, currencies, US policy and the potential transition from deflation to inflation.
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Source: http://timiacono.com/index.php/2010/07/16/one-step-closer-to-de-flation/#more-6331
The Labor Department reported that consumer prices fell 0.1 percent in June, down for the third straight month, paced by further declines in energy prices.
On a year-over-year basis, the government’s measure of annual inflation fell from 2.0 percent in May to just 1.1 percent in June, the lowest level...
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Rick Ackerman’s pal Chuck is bullish. He too heard the “death cross” chants blaring far and wide, saw sentiment in the dumper, saw Robert Prechter and other D Boys broadcast far and wide and figured the fear was not sustainable. Now, at the dawn of —...
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Once again we see another bearish piece on Gold in the WSJ. Rather than attack the author personally, we want to illustrate how the article is another example of the lack of any quality gold commentary both in general and in mainstream publications.
First, its important to note why you won’t see much quality gold-related...
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Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no! After failing to get you out of stocks not once but...
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Stocks went down sharply yesterday on concerns over consumer confidence and indications that show that the economy is stalling in China. China has been a leading market in this recovery and its bull market has helped the price of industrial metals and base metals.
Over the past few weeks I...
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Haven’t you heard?
As I type this, the US and other world economies are supposedly in nothing but increasing deflationary pressures that will not be able to be stopped by any government or central banker no matter how much stimulus or money printing they decide on doing!
At least that’s what many...
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As we’ve discussed recently, persistent deflationary forces do not augur for a repeat of Japan circa 1990s or the US in the 1930s. Instead, because of the inability of governments to finance their current and future debt burden (there is a dearth of domestic savings and global capital), deflationary forces will ultimately lead to...
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In the long run, the inflationists are destined to win... but in the here and now, deflationary forces still have the upper hand.....
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