From the category archives:
So, we’re finishing up the eighth straight week of the bear market rally of March-April 2009. Everyone’s asking how long it will last. Last week, Schiff mentioned the rally in passing, but this week he addressed it head on. Simply put:
both some bears and some bulls are wrong going ahead
stocks are up in nominal [...]
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The US “dollar collapse” has recently become an emerging trend in Google searches. Whether this has something especially to do with the G20 “success” - and the one trillion in global committment to new stimulus - I’m not sure. Perhaps news about the threat of a hyperinflating dollar has finally reached critical mass.
You can see [...]
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BREAKING NEWS: Less than a week after it was rejected in Europe, Chinese Central Bank governor Zhou Xiaochuan’s controversial proposal for a new global reserve currency has apparently been accepted by the UN.
According to the Sunday Telegraph on March 29, 2009, “A United Nations panel of economists has proposed a new global currency reserve that [...]
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Can hyperinflation happen in the U.S.? You bet it can! Will it happen? Depends on what else goes on behind closed doors at the upcoming G20 meeting in London on April 2.
An increasing number of media institutions are reporting on the explicit possibility of hyperinflation in the USA: MSNBC; Global Research; ShadowStats; Economic Populist; Democratic [...]
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Some readers have been asking about the prospect that a US-led hyperinflation would extend into Canada. The short answer is that it depends on how much of an economic bully the US administration is going to be to its trading partners. Unfortunately, Canada’s export trade is not very well diversified. We rely too much on [...]
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M3 refers to the total supply of US dollars in existence (virtual and physical) around the world. Back in 2006, the US Fed decided it was time to keep quiet on how much they were increasing M3. You can see where the red line turns blue. That’s because the blue data can’t be verified, but [...]
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Here it is, folks. China’s Central Bank officially asking to bump the greenback from the world currency reserve. Yes. It’s for real. So far the EU has rejected the call. But the communique was written, in an unprecedented move, in both Chinese and English so the world community could understand it (or at least, [...]
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