Monday, November 29, 2010

Must-see video shows what happens the day the dollar dies

From The Daily Crux:
The National Inflation Association just released a video of what could happen during the first 21 hours of a dollar collapse.
The video shows the effects of hyperinflation after the Fed decides to have QE4. There’s a huge run on gold, China loses all faith in the U.S., and chaos rules the streets.
You can watch the video here:
http://www.youtube.com/watch?v=2N8gJSMoOJc

Could This Really Happen? Why Not!!! I Think It's Pretty Scary.
Leave A Comment.

More on the dollar:

Bond King Bill Gross: U.S. dollar set to get smashed
China dumping U.S. dollar for what could be the next world currency
Great chart of the history of the dollar

View the original article here

Sunday, November 28, 2010

Today's entertainment: The Fed's "Quantitative Easing" is finally explained

By The Daily Crux:

Many readers enjoyed the animated "movie" - created by our colleague Porter Stansberry - we passed along a couple of weeks ago... So today we're passing along another homemade video you don't want to miss.
This one is an amusing animation that explains the Federal Reserve's so-called "Quantitative Easing" in a way that even a child could understand.

> >
Today's entertainment: Must-see video of the week
Today's entertainment: U.S. gov't to save $300 billion by cutting wasteful program
Today's entertainment: White House jester beheaded for making fun of the National Debt
View the original article here

Friday, November 26, 2010

Why gold will always be the best currency

From Frank Holmes of U.S. Global Investors:

Our interactive timeline traces gold's history back to its earliest origins but one question it doesn't answer is: Why gold? Why did our earliest ancestors choose gold over copper, neptunium or any other of the earth's elements as a form of currency?
The hosts of NPR's "Planet Money" set out to answer that question by breaking down the periodic table of elements. They sought the expert opinion of scientist Sanat Kumar, chair of Columbia University's chemical engineering department.
Kumar reveals the secret to gold's value as a currency is simple science. Here's his process...
Read full article...
More on gold:
How to know if you own enough gold
The colossal force driving gold higher and higher
Why a runaway move in gold could be just around the corner
View the original article here

Tuesday, November 23, 2010

Why silver could make another big move next month

From The TSI Trader:

There is no other way to describe silver's price movement of the past 13 weeks other than to call it parabolic. With that in mind, I thought it would be interesting to do a little study of past silver parabolic moves and see if I could get a handle on just how high silver could travel into December before it implodes.
For this study, I have chosen to examine the relative degree to which silver price can exceed its underlying 200-day moving average. This weekly chart of the World Silver Index (XSLV) uses the 40-week moving average as a proxy for the 200-day moving average.
Silver is currently making its 5th parabolic appearance since the secular bull market for gold and silver began in late 2001. The range that silver has been able to soar above its 200-dma in previous parabolic moves, ranged from a modest 21% to a mind boggling 65%.
The rule of thumb for these kind of things is...
Read full article...
More on silver:
What you need to know about buying silver today
Coin dealers are seeing unbelievable demand for silver bullion
Three new reasons to buy silver that many investors aren't aware of
View the original article here

Monday, November 22, 2010

This could be the No. 1 investment of 2011

From Forbes:

Don't let the People's Bank of China spook you with its anti-inflationary fifth hike in bank reserve requirements this year. China's economic growth will continue to be robust and so will its need for the world's natural resources. Some raw materials will be more in demand than others.

The investment mantra for 2011 is called differentiation, meaning there will be relative differentials in performance among commodities, precious metals, energy, agricultural, and base metals. Unlike 2008 when the commodity bubble burst and the entire asset class went down with stocks, or the early part of 2010 when expectation of a cheaper dollar rallied stocks and commodities, 2011 will be starkly different. QE2 will "provide cyclical stimulus" to the most...

Read full article...

More on commodities:

How the commodities bubble could burst

Legendary investor Mark Mobius: Buy commodities... and buy 'em big

T. Boone Pickens makes outrageous claim on America's natural gas supply


View the original article here

Sunday, November 21, 2010

Coin dealers are seeing unbelievable demand for silver bullion

From Mineweb:

Silver coins are selling at a record pace as investors – especially in the U.S. – seek to limit their exposure to the dollar.

The world's top mints have seen their silver coin sales jump to record or near-record levels, and they and coin dealers are working overtime to meet the surge in demand from investors.

"The phones are ringing off the hook," said Jonathan Potts, managing director of...

Read full article...

More on silver:

What you need to know about buying silver today

Three new reasons to buy silver that many investors aren't aware of

Top resource investor Berry: Silver could triple in the next five years


View the original article here

Saturday, November 20, 2010

The Fed just confirmed that "QE2" is nothing more than a secret bank bailout

From Pragmatic Capitalism: I've been assuming since day one (since there was no other logical explanation for QE aside from the fact that it can clean up bank balance sheets) that QE2 was a bank bailout and not a Main Street rescue plan and it now looks like Ben Bernanke and the Fed are (at least partially) confirming this. They are concerned about the capital positions of the nations largest banks.
The WSJ reports:
"The Federal Reserve will...
Read full article...
More on the banks:
Top risk analyst: It's time to prepare for the next bank crisis
New banking rules could drive emerging markets even higher
Euro CRISIS: Plans for a European "bank mutiny" are picking up steam
View the original article here