Gold

Classic Videos: Meltup

by John Rubino on May 14, 2010

The National Inflation Association is back with another long, well-made, apocalyptic video. The subject is the “recovery” and its inflationary implications: “The truth is, our economy is not recovering. Prices are only rising because of inflation. Our economy is currently experiencing a melt-up…Government spending is so far out of control that if Americans were taxed [...]

The Long Wave Versus the Printing Press

by John Rubino on May 2, 2010

The fascinating thing about “long wave” analysis (broadly defined to include Kondratieff waves, Elliott waves, and William Strauss and Neil Howe’s Fourth Turning) is that while each theory uses its own indicators and terminology to show how societies move through recurring cultural/psychological/financial stages, they’ve all reached the same conclusion: we’re toast. 2000 marked the theoretical [...]

Classic Videos: Hyperinflation Nation 3/3

by John Rubino on April 9, 2010

In the third and final part of this series, the National Inflation Association takes us through the hyperinflations, price controls and societal breakdowns of Weimar Germany and Yugoslavia, and makes the case that the U.S. is heading for something similar. “This all but guarantees a dramatic decline in the quality of life in the U.S….Most [...]

The Coming Precious Metals Short Squeeze

by John Rubino on March 30, 2010

With the gold price suppression scheme apparently breaking open — see this article and this interview — the question becomes when, not if, holders of futures contracts will start demanding physical delivery. Most will discover that the metal isn’t there, which will, ahem, unsettle the commodity and currency markets. This impending bullion bank disaster is [...]

Classic Videos: Hyperinflation Nation 2/3

by John Rubino on March 20, 2010

Here’s the middle part of a great series created by the National Inflation Association. It begins with a look at Zimbabwe’s hyperinflation, then goes on to explain that the U.S. is traveling the same road. Social Security is a Ponzi scheme, the dollar is heading for its intrinsic value, and gold is the solution. It [...]

The Boredom Before the Storm (Time to Buy Volatility)

by John Rubino on March 17, 2010

As eventful as the past few months have been (what with Greece, California, Illinois, Iran, the Lehman Brothers revelations, U.S./China trade friction, and record deficits just about everywhere), you’d think the financial markets would be agitated, to put it mildly. Instead, just about everything is range-bound, and the things that aren’t, like U.S. stocks, are [...]

Inflationary Head Fake

by John Rubino on March 5, 2010

Today (Friday the 5th) has a meaningful feel. The news is good on U.S. employment and Greek finances, and the markets are in recovery mode: stocks are up, gold is rocking, and bonds are getting smacked. Inflationary days are here again, in other words. But — while uncontrolled currency creation will absolutely without a doubt [...]

Classic Videos: Hyperinflation Nation Part 1/3

by John Rubino on February 21, 2010

With guys like Ron Paul, Peter Schiff and Marc Faber suddenly getting a lot of airtime, the number of compelling videos available on YouTube is soaring. I’ve been sifting through them to build a “classic videos” file with the idea of posting one or so each week. Here’s the first in the series, Hyperinflation Nation, [...]

If Only

by John Rubino on January 20, 2010

A Wall Street Journal columnist named Thomas Frank just made a great suggestion: One Cross of Gold, Coming Up How the government could get even with right-wing cranks. These are polarized times, but one thing everyone agrees on is that it sure is great when government makes a profit. Supporters of President Obama like to [...]

One Decision Per Decade: Three Choices

by John Rubino on December 29, 2009

A few years ago the trust department of a major bank decided that it would be good to know where its profits were coming from. So they had their accountants run the numbers and found that, notwithstanding their army of highly-paid stock pickers, more than 75% of their investment profits came from sector choices. In [...]