Monthly February, 2012
President Obama Says in a Speech this Week That the US Recovery is Being Throttled by the Rising Cost of Gas at the Pumps. Apparently the cost of a gallon of gas has risen from $3.17 to $3.40 from the start to end of 2011. Some say that he is setting the stage for bashing...
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Commodities and Precious Metals In recent blogs, I discussed how a feature of the new economic cycle now starting, is the remarkable need in the world for base metal and for precious metals. I discussed how the ‘doom and gloom’ crowd was urging people to buy precious metals to save themselves from the impending collapse....
Commodities and Precious Metals Recently, I discussed how the next economic cycle is now starting. A feature of this new cycle is the remarkable need in the world for base metal and for precious metals. I discussed how the ‘doom and gloom’ crowd was urging people to buy precious metals to save themselves from the...
The following article is a reprint. We have not authenticated and have not verified the information contained within this article. By The Economic Collapse Blog Published “Before Its News” Feb 10, 2012 Credit Card Debt #1 Today, 46% of all Americans carry a credit card balance from month to month. #2 Overall, Americans are carrying...
We Point Out the Obvious – The Next Economic Cycle is Starting We have repeatedly advised readers to look at the history of economic cycles since the dawn of the industrial revolution. There have been repeated cycles that all mirror each other, and as long as we are around, these cycles will continue. A Brief...
The Price of Gold – Current Expectations There are many pundits that believe that gold will continue its relentless drive upward. Expectations range from a projection of $2,100 by December 31, 2012 to $5,000 per ounce. If one listens to these expectations, it sounds inevitable that gold will continue it’s rise to unprecedented heights. Comparison...
How to Deal With Overwhelming Debt We have written a number of times of how Canada solved it’s debt crisis which it incurred through successive Liberal Party excesses. It simply adjusted its spending so that the increase in expenditures continued, but at a lessor rate. Then as the US and Japan, and then Korea and...