Inflation

After the junk from Brett Arends and James Altucher, the WSJ finally has some worthwhile analysis on Gold. However, there are still many holes in this piece. The author basically concludes that Gold is a currency and not a commodity because it has followed US Dollar movements closely. Yes, we all know that Gold and … Continue reading

As the world sinks deeper into what he calls the Greater Depression, Casey Research Chairman Doug Casey sees default on the U.S. national debt as inevitable…..

The Bank of England released their latest quarterly inflation report this week that again sought to revise the forecast for UK inflation to converge towards 2% in 2 years time. However one major change accompanying the forecast was that the mantra of UK inflation being above the 2% target and the 3% upper limit as … Continue reading

This analysis is a continuation of the UK Debt Forecast article (UK ConLib Government to Use INFLATION Stealth Tax to Erode Value of Public Debt ) on the impact of the new coalition government having effectively hit the reset button on the UK economy to now primarily target a reduction in the £156 billion annual … Continue reading

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 since last October … Continue reading

Go here and read the Zero Hedge piece Chinese Treasury Dump Brings Holdings to 1 Year Low if you have not already seen it: http://www.biiwii.com/analysis If England is allowing us to monetize our debt under some kind of covert agreement, it is probably not much different than the tools that the US would use to … Continue reading

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 … Continue reading

…or a massive cut-back in essential public services and widespread hunger: Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole “For the last few years, California stood more or less unchallenged as a symbol of the fiscal collapse of states during the recession. Now Illinois has shouldered to the fore, as its dysfunctional political … Continue reading

The Chancellor of the Exchequer, George Osborne hit the reset button on the UK economy by delivering the most radical budget of the past 30 years that has sought to cut an extra £40 billion from Britains annual budget deficit by 2014-15 which is on top of ALL of Labours March 2010 budget cuts and … Continue reading

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 of the talking … Continue reading