Search results

I read that this is Bernanke's belief as well and is the reason that he is committed to creating as much new money as necessary to prevent another depression. My question is, why don't we have hyperinflation given the trillions of dollars already created? I have read that the reason is...

I am currently reading "The Creature from Jekyll Island" and am blown away by the content. Despite attempting to read as much as I can in order to understand the economy and how to profit from it, I have never understood the Federal Reserve System. It has always seemed like a mysterious cloak...

I have read a number of opinions about what could tip the scales and lead to an economic apocalypse given our country's fragile financial situation. Some people have mentioned an attack on Iran's nuclear plant. However, the scenario mentioned in the article above seemed like another event that...

http://www.breitbart.com/article.php?id=CNG.a64b6fa820c23d9ef2058a22276ce3a1.2c1&show_article=1 Economists peddling dire warnings that the world's number one economy is on the brink of collapse, amid high rates of unemployment and a spiraling public deficit, are flourishing here. The guru...

Here is an interesting article that makes some good points. Continued weakening of the real estate market could lead to so many bank failures that the FDIC could not bail them all out. With interest rates near zero, printing money may be the only bullet the Fed has left to help the banks and...

The bullish seasonal tendency also helps.

I keep wondering that as well. However, we are all just dismissed as conspiracy theorists. http://911research.wtc7.net/wtc/evidence/gold.html Missing Gold A King's Ransom in Precious Metals Seems to Have Disappeared This image is found on the PBS.org website companion for the...

Nevertheless, it is worth bringing up again! http://www.elitetrader.com/vb/showthread.php?s=&threadid=205552

http://www.kitco.com/reports/KitcoNews20100824DC.html Texas (Kitco News) -- U.S. Rep. Ron Paul , R-Tex., plans to introduce a new bill next year that will allow for an audit of US gold reserves, he told Kitco News in an exclusive interview. Paul dropped the news in the interview...

Primary care doctors do not typically start out at $191,000 per year. That comes after 4 years of undergrad plus 7 years of medical training, then many more years of working 12+ hour days 27 days a month to build a practice. Subtract 40% for taxes and a thousand or more a month for student loans...

You are not the only one who thinks so: http://www.tradersnarrative.com/tony-robbins-channels-paul-tudor-jones-ii-issues-caution-4568.html

Gold and silver usually trade in similar patterns. However, this week, gold keeps making new highs whereas silver just made a lower high and appears to be rolling over. I am trying to decide whether silver is going to drag the price of gold down or if gold is going to pull the price of silver...

I never owned guns in my life until this year. I hope to never have to use them, but reading about the Argentine collapse convinced me that it is a good idea to be prepared. 2 police officers recommended that I purchase a 12 guage shot gun for home self-defense. One of the most popular models...

Wow. I had no idea we had so many unemployed people on this site. I thought people here actually knew how to make money trading. How long have you been collecting unemployment? I am guessing that you are in the 99 club. Maybe you could use your intelligence, creativity and personal charm...

I lost my job in November of 2009. I did not apply for or receive unemployment benefits. Fortunately, I had enough savings until I found another job in July of this year. I also traded, but kept that money in my retirement account and did not use it for living expenses. I do not begrudge a...

I never said that jobs are plentiful. I realize that many good people have lost well-paying jobs during this economic downturn. The point is that there are always ways to earn money for people who have the integrity to work for a living. Opportunity is what made this country great and laziness...

I guess some people missed this line in the original post: I think that few people here believe that we will have a total collapse with a return to the stone ages. The economic situation is not black and white, but has many shades of gray. Our economy is headed for a very dark shade of gray...

I live in the middle of America and see Mexicans, who often cannot even speak English, working construction, doing lawn work, cooking in fast food restaurants, etc. How come all of the legal and illegal immigrants from Mexico can find work, but Americans cannot? To add insult to injury, our...

More good advice from one of your countryman: http://ferfal.blogspot.com/2008/10/thoughts-on-urban-survival-2005.html

What if you need food but do not have anything to trade that someone with food needs? I guarantee you that there will have to be some medium of exchange and old silver coins will become a very valuable commodity. Better buy some junk silver on the next pull-back, because when the masses...