Articles in the Economics Category

Why $1000 Gold Is Now Significant
Posted in Featured, Gold, Inflation, Silver, US Debt on 13 September 2009

Friday the 11th September 2009 marked a historic moment.  It’s the first time the price of gold actually closed above a $1000/ounce. Previous, it had breached the $1000 level only to face heavy selling pressure and a close below the magic level. Due to this, it seems as if $1000/oz is a psychological barrier for [...]

HyperInflation In The US: Possibility Or Reality?
Posted in Currency, Economics, Gold, Headline, Inflation, Silver on 10 September 2009

Here’s an exceptionally well made video by the National Inflation Association. If you don’t believe in hyperinflation (or even if you do) this eye-opening video will entertain and educate you regarding the historical currency devaluation that several other countries have faced and the total break down of economies like Zimbabwe. It also goes to explain [...]

China To US: “We Hate You, We Hate You”
Posted in China, Currency, Economics on 6 September 2009

This is a quote from the video below,
We hate you, we hate you. You’re spending a trillion dollars and effectively devaluing your currency.
No wonder the Chinese government hates the US! They own a few trillion US dollars worth of currency and bonds and when we devalue our currency, they take a multi-billion dollar haircut. The [...]