Archive for May, 2011

Belarus – a hyperinflation experiment

The latest hyperinflation experiment, Belarus, moves to the next level, price controls on food items. In my article back on April 15th, see here, I talked about the advantages the people of Belarus have over American’s given most are on or have access to a farm, assumption on my part, and the fact that they [...]

Solar Max Impact

An interesting interview on solar max impacts and an interesting discovery of intergalactic filaments.

Rob McEwen Interview

Rob McEwen Interview Highlights (May 27th, 2011) not surprised gold is only 1% of gold portfolio’s with negative real rates gold is much more attractive when percentage of gold in portfolio’s goes to 3-4% then gold will go much higher. when gold goes thru $2000 we’ll see a surge, and again $2700-3000 then it will [...]

Don Coxe – Basic Points May 2011

Don Coxe Basic Points Highlights (May 26th 2011) Greece It discusses Europe and Greece and the fact that even though Greek GDP is 3% of the eurozone the euro nearly collapsed during the Greece crisis of 2010. He notes the Euro is backed by a theory and hence is the opposite of gold and silver. [...]

Looks like Spain is Lost…

From the video clips included here I’d say it safe to say Spain is lost. When Spain’s finances collapse it will be much more interesting than Iceland, Greece, Ireland or Portugal… See clips from zerohedge here.

McEwen on Kingworldnews

Rob McEwen explains that he comes to his $5000 target for gold by taking the $40 price in the 70′s which ran to $800 or 20X. He simply applies it to the low of $250 X 20 and gets $5000 as the next high. He goes on to note that he see’s gold gold thru [...]

Rob McEwen – Some Great Interview from Germany

Rob McEwen Interview from Germany (in English) Some excellent questions were asked in this interview. The questions were presented on screen in German but you can get the gist of what was asked by Rob’s answers. His perspectives on Europe, bailouts, energy, gold, silver, gold confiscation, real estate. This is the best McEwen interview I’ve [...]

Belarus Falls off the Cliff in 40 Days

Well it would seem that since my last post on Belarus, see here, Belarus has finally fallen off the proverbial cliff and was forced to devalue the currency monday by 56%. This is a great case study in what will likely happen in Greece and ultimately North America. As noted in the above referenced article [...]

Michael Pento Highlights

Michael Pento (May 25th, 2011) he sold half his position in gold but would hold any long term gold position the economy is starting to fall off the cliff even before QE2 has ended. we need an economy that isn’t based on borrowing the entire economy is dependent on the QE training wheels and you [...]

Gold and Silver Update – May 25 – 2011

Gold had a very solid day today and kept in a channel between $1525-1527 for most of the day with a noon spike to the $1532 range. The Dec 2016 contracts closed at $1756.60 up $3.50. Silver had a very strong day today and powered onward and upward all day, starting around $36.50 and closing [...]