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    2009: The Bull Market in Gold

    Gold supply/demand is strongly tied to fiat currency stability. Consumer wealth destruction does not translate into demand destruction of gold, like it does for oil. Gold's demand is from banks and speculators and people who want to preserve capital. Not from ordinary consumers. Gold would go up...
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    2009: The Bull Market in Gold

    Silver has more industrial use than gold (thus will face headwinds from demand destruction) but is also a good investment. CDE doesn't look like the best stock to pick if you want to find some precious metal companies, check out the ones I recommended in the article.
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    2009: The Bull Market in Gold

    look at the Fed's balance sheet. liabilities are much much greater than the equity destruction incurred recently. and that's before debt monetization. theres your money supply right there. i don't think we will see hyperinflation and the reason for that is i think much of the excess liquidity...
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    2009: The Bull Market in Gold

    Deflation is contraction of monetary supply... we are experiencing a record expansion of monetary supply. Prices are going down through demand destruction as the economy contracts, but the Fed has already printed much more than the equity destruction in financials in recent months to "bail"...
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    2009: The Bull Market in Gold

    With the massive monetary expansion experienced in recent months and the promise for unprecedented levels of money and credit supply increase in coming months, the United States Federal Reserve looks on paper to be sending America straight into hyperinflation. Germany's post-World War I Weimar...
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    commodities superrally 2010

    Loss of current wealth/purchasing power and more importantly huge loss of perceived future purchasing power abroad in emerging markets.
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    commodities superrally 2010

    massive global demand destruction is definitely going to prevent a commodities rally in real terms, but future inflationary conditions may allow one in nominal terms. precious metals are the sole exception, and i think they will rally huge into 2012 and beyond.
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    A Summary of the American Economic Crisis and the Case for an Inflationary Depression

    I highly doubt there will be a unified capitalist bloc that will agree to use inflationary prices as real prices to prevent an usurpation of global economic dominance by emerging markets like China.
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    A Summary of the American Economic Crisis and the Case for an Inflationary Depression

    I agree with deflationists that prices are declining and there is less debt available, but that is precisely why I think ultimately we will hit inflation. The United States has to finance its nominal GDP growth through external debt-- it has no industry and much too big of a public debt to even...
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    Strong market bounce into Spring 2009 coming within 2 weeks

    I doubt Obama rhetoric will be the true catalyst. Bad news comes out at relative bottoms, and that is what I expect will drive the bounce-- a lack of new bad news. Liquidations will slow down and some short covering will occur.
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    A Summary of the American Economic Crisis and the Case for an Inflationary Depression

    The collapse of the commodity bubble beginning late this summer erased inflationary worries from the minds of many. Crude at $145/bbl, natural gas at $24/MMBtu, and gold at $1000/oz characterized the artificially inflated prices during the commodity boom, which began in 2002. This secular bull...
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    Strong market bounce into Spring 2009 coming within 2 weeks

    The indices are all in falling wedge patterns, suggesting higher prices coming up on a breakout. Last week showed a huge 5-day buy surge on diminishing volume, which suggests one or two more sell-offs remain before the market finishes its decline. However, this will all probably occur within 2-3...
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    The NAUFAL Daily Stock Report

    Today's stocks to watch: GOOG - in a symmetrical triangle, short on breakdown, long on breakout GTXI - breaking out of cup & handle... buy point is $19 on high volume. ANSS - huge volume retaking of 50DMA... buy point is here BRCM - bear flag after bad earnings... short point is breakdown...
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    The NAUFAL Daily Stock Report

    Today's stock picks and ideas: FSLR - earnings helped it breakout through symmetrical triangle, buy here or on pullback all the way down to $292 support level Solars - see FSLR, buy here or on pullback ENER - see FLSR, breaking out of descending bullish triangle APWR - coiling to break out...
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    The NAUFAL Daily Stock Report

    Today's stocks to watch: QQQQ - ready to break out of consolidation XLF - going to continue rally off of newly-set higher low MER - huge volume, capitulation, long term bottom V - broke out of triangle/channel ahead of earnings VISN - forming handle to cup, will break out soon and rally...
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    Big down day on Monday?

    1. Crude is making new highs around 6:50 AM EST, as I type. 2. VIX and VXN are relatively low, indicating a lot of complacency. 3. Overall trend is obviously down. 4. No reason to be bullish on Chicago PMI and Michigan Sentiment readings today. I think it's possible that oil gaps up today...
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    What do I do if...

    ... I want to start a charity fund/portfolio? My friend and I want to start a non profit charity, but we want to manage the charity money through trading it. How do we set this up? Do I need any inestment advisor qualifications? Thanks.
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    June 18, 2008 = Black Wednesday

    naw, i said wednesday would be the day, and if not wednesday, then thursday or friday. if i'm wrong today, i'm wrong.
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    June 18, 2008 = Black Wednesday

    today's the day. either oil jumps up huge and the market sells off huge, esp financials, or i'm wrong.
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    June 18, 2008 = Black Wednesday

    in reality... oil went down as institutions sold off due to the usd/eur rally... remember the big dogs buy oil as a hedge against currency weakness. people shorted into the sell off, justifying it to themselves with the chinese news, which is minimal and actually is inflationary (which oil is...
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