Posted by rahrens_1 on April 26th 2012
Find attached a great article from Casey Research highlighting how several countries are starting to drop US dollars for trade. One has to wonder what event will trigger Saudi Arabia to go it alone and take its chances with its own protection, in exchange for flexibility in the currencies it accepts… See article here.
Posted by rahrens_1 on February 23rd 2012
Interesting article where MSM starts to figure out Jim Sinclair’s “cost push inflation”. Oil priced in gold is below the historical average ratio. So gas prices need to increase, sorry USD needs to drop, to get back to the average ratio. See full Forbes article here.
Posted by rahrens_1 on June 30th 2011
Rick Rule on Greece and Gold Jun 30th, 2011 Europe has decided Greece with 160% debt to GDP would be better served with 170% debt to GDP. notes Bill Bonner quote, “who gets stiffed, those expecting entitlement, those living beyond there means, or savers?” answer: yes noted several banks, funds and sovereign funds would be [...]
Posted by rahrens_1 on April 19th 2011
Charles Nenner’s Comments Nenner is calling for a Treasury bond rally and plunge in interest rates following QE2. Global Markets reaching the end of a topping process still see’s S+P top of 1356 double digit sell off starting in May 2011 says top on oil isn’t in yet, would buy dips with $99 stops see’s [...]
Posted by rahrens_1 on April 18th 2011
Highlights from Rick Rule (Apr 16th, 2011) Starting to take some profits in silver, due to such a rise so fast, longer term still good, doing this on equity side not bullion incredible tightness in silver doesn’t know when gold will rise, maybe not a bull in gold but a bear in paper. bullish on [...]
Posted by rahrens_1 on March 10th 2011
More than ever people are speculating on $150-200/barrel oil. Rick Ackerman over on goldseek.com see’s $109 as a trigger price, and if it punches thru $109 then it could sail to $151 from his perspective. Rick also comment’s on someone he knows in Saudi Arabia on the ground that doesn’t see protests getting out of [...]