Crisis

Economic data is coming in mixed today. While initials jobless claims dropped to the lowest level since July 2008, median home prices fell to a 7-year low. With such conflicting data, the question naturally arises: Will the U.S.  economy recover, especially without real estate leading the way? To get a glimpse of what awaits us, we should turn to Europe. Ireland … Continue reading

As gold hits another high this morning, allow me to reiterate that you are witnessing something historic. This is the kind of move that most people will misplay and learn to regret. The hardest thing to do right now as a gold investor is to hold, so crudely, this is exactly what you should be … Continue reading

Source: Brian Sylvester and Karen Roche of The Gold Report 5/12/10 http://www.theaureport.com/pub/na/6269 “We’re heading toward government devaluing its currency to devaluate its debt in order to survive. That means you need to protect yourself. You can’t just have savings accounts paying no interest. You need to go and buy gold,” says Bud Conrad, chief economist … Continue reading

The ascending dominance of the “Currency Contagion” meme will raise the selling price of this asset 197%…..