Hyperinflation

One hears much discussion of hyperinflation on the gold web sites. It is a worst case scenario and used to alarm and excite. It is used to designate a period when prices are rising very rapidly, the favorite example being Germany of 1914-23, and during this time...

Requiem For Barron’s

Gold dropped 30 points on Monday-Tuesday of this past week thus breaking out downside from a head and shoulders top. The problem here was that most of the indicators on gold are bullish. Thus the head and shoulders is an anomaly. Technical analysis proceeds on the...

The Coming Rise in Prices

Last week I argued that the theory of a coming decline in prices just around the corner was a balloon full of hot air, and like all such balloons it was bound to sail into the atmosphere. So far from this “deflation” theory being true, it is a deliberate falsehood...

Bad Day for the WSJ

A recurrent theme in my articles has been that our current economic system is intended to steal your wealth and that a vast amount of information being taught as economics is intended to justify this stealing and to trick you into falling for its program. As with any...

The Chart is True

Above is the CRB index, monthly basis, for the past 15 years showing the beginning of the (second) upswing of the commodity pendulum. (This is the real CRB index, the one which was started in 1955 and weighs the different commodities equally, not one of the modern...