Category: Articles: General
Peter Schiff Reveals CPI Propaganda By Calculating Real Price Inflation
Peter Schiff explains how the official price inflation measurement is not reflecting the daily reality. Our intuition already knew this but now it has also been proven statistically. Between 1970 and 1980 the officially reported CPI rose a whopping 112%, and prices of the anlayzed basket of goods and services rose by 117%, just a 4% faster than the CPI. In contrast between 2002 and 2012 the CPI rose just 27.5%. But the basket much faster, accounting for a 62% difference!
2013 – Declining Wealth & Trust, Increasing Deficits
Author GE Christenson describes in this article his outlook for 2013, by simply looking at today’s reality. Obviously, no crystal ball is needed to come to the same conclusions, only some courage to look at the truth which is visible through the daily main stream “noise.” What we know for sure, is that a train wreck is in process. Time to protect your finances, investments, and retirement. The official numbers may not represent reality in 2013 and beyond.
Gold Closer To Become Officially Money … Again
A new paper published by the Official Monetary and Financial Institutions Forum describes the gold is ready to become officially part of the monetary system … again. In order to stabilize the world monetary system, in the light of a deteriorating global currency war and the lack of a real alternative world reserve currency, gold is the only alternative currency that is ready to take on a leading role. One thing is for sure, it is the ONLY time tested currency as ALL paper based money systems have failed in history. Although the Renminbi is a candidate to play an leading role in the future, it is not ready to take up that role yet. Gold was money and gold continues to be money, although we temporarily somehow “forgot” in it in the West.
Petition To Audit US Gold Vaults – Best Kept Secret To Be Revealed?
A petition was launched on the website of the White House to have the US vaults audited. If there is one thing kept secret, then it is the amount of gold held by the US central bank. It remains unknown to everyone how much gold really is present in the vaults, especially the US vaults that host gold of many countries worldwide. The US bullion was last subjected to a full physical audit in 1953.
Michael Pento Sees Global Economies Deteriorating
In his weekly update, Michael Pento analyzed some important macro economic data globally. He came to the well known conclusion that economic conditions worldwide are deteriorating. In this article, you will read the latest macro economic data with Michael Pento’s interpretation.
AfterShock Book Writers Launch New Fund
AfterShock is one of the books that correctly predicted the 2008 financial meltdown. The authors of the book launched a mutual fund “The Aftershock Strategies Fund” with the ticker symbol is SHKNX. The fund diversifies among asset classes as well as within classes. Rather than just having a diversified stock and bond portfolio, the fund also invests in gold, commodities and foreign currencies.
US Mint Bullion Coin Sales
The charts in this essay superimpose these coin sales over the daily gold and silver price action over the course of their entire secular bulls. Despite the perception of 2012 being a weak year for the precious metals, new physical demand from investors for American Eagles is actually robust to strong. This is certainly a bullish omen.
The US Is Committed To Redistribute Income
In this video, the presentator explains the unintended consequences on the economy of the recent “fiscal deal”. He closes by saying: “I believe this will lead to economic disaster for the country.”
The Agenda Of Our Leaders For The Coming 4 Years
Lindsey Williams is the man who, because of his contacts in the oil industry, correctly predicted that the world price for oil would fall from roughly $140.00 per barrel to less than $50.00 per barrel. He confesses how the high level agenda’s of our leaders look like, at least for the coming four years. He explains five trends that will prevail in the coming four years. He mentions also the objective for the price of gold: by 2016, it should go to $3,000 to keep pace with the debt creation.
75 Facts Revealed – How Is America Really Doing?
An amazing list of real facts was published by The Economic Collapse Blog, entitled 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe. An excellent article that presents 75 facts & figures, based on research or surveys, indicating the real state of the US. Reviewing those facts and comparing them with the messages in the mainstream media and the government, we see such a huge disconnect.
Big Ben’s Ghost of QE Past, Present, and Future
Dollar bills glide effortlessly to the ground, dropped from the giant QE machine in the sky. All is quiet, all is calm. There is peace on earth, well, at least in Washington D.C. and on Wall Street. And then with a horrible crash, another Mortgage Backed Security (MBS) explodes and collateral damage spreads far and wide. Cut to three am in the Big Ben bedroom …
New Report: The Chinese Silver Market
The Silver Institute and Thomson Reuters published a report of 25 pages about the Chinese Silver Market. In it, the market structure is presented detailed by supply and demand, imports and exports, and outlook. In a nutshell, China became the world’s second largest silver fabricator and is on its way to be the second largest producer. Its share in global demand stands at 17% while global supply at 14%. The executive summary contains the following two paragraphs which represent a high level overview of silver’s supply and demand in China: Chinese silver mine production has been on a steadily increasing trend, more than doubling over the last decade or so. […]
What Would You Prefer: Gold Or Paper?
In this article, the author makes a simple yet powerful comparison between a gold investment and paper based investments. What was the yield of typical paper based investments in the past decade vs gold or silver (which are mostly criticized as they don’t pay interests or dividends)? Which are the inherent risks and what to expect in the coming years? Obviously there will be a time when gold and silver will be overvalued, as it goes with each wealth cycle. However based on the current evolution we are still far away from that point. Investment Return Since 1/1/2000 Gold (The Road Less Traveled) Gold up from $285 to around $1,750 […]
