Disclaimer


While certain investment products, assets classes and investment strategies may be discussed on this blog they should never be interpreted as investment advice. All posts on this blog are an opinion of what I find interesting and/or strategies I find work best for me. Always do your own research when considering an investment strategy and what is best for your situation. I am a firm believer that the average person is more than capable of managing his or her own money, but always discuss your situation with a qualified professional if needed.




Popular posts from this blog

Aftermath (Part 1): Consequences of a Massive Debt Bubble

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The dark financial clouds are forming and the likelihood of a storm hitting is pretty certain. The question is what will be waiting for us once it hits. The Fed has manufactured the largest debt bubble ever seen and there are signs that this bubble is starting to lose air. Subprime auto loan defaults are on the way up. Major retail chains are shutting down as business inventory continues to climb. Many very large pension funds are deep underwater with no hope of recovering.  Commercial real estate is showing weakness. Consumer debt is climbing through the roof and is on a unsustainable path, while home ownership rates are at extreme lows. Student loan debt has become a major issue. Government debt is at extreme levels, approaching 20 BILLION DOLLARS, surpassing 104% of GDP, with absolutely no plan to resolve it moving forward. Unfunded government liabilities are ignored by government and mainstream media, but is without a doubt a massive ticking time bomb. I guess its no...
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50 Years Later : Federal Reserve Is Debasing As Fast As It Can

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  It was August 15. 1971 US President Nixon announced that the United States would no longer convert dollars into gold, and thus ended the era of gold backed money. August 15, 1971 Nixon takes the US dollar off the gold standard. As a result of this action the US defaulted on its debt obligations as it would no longer repay it debts in terms of gold backed notes, but instead offered a rapidly debased fiat currency as repayment.. It was the start of an era of huge spikes in inflation while lowering of the standard of living of the American people.  In the years to follow the US dollar dropped in value and by 1980 the dollar was only worth a fraction of what it was in 1971. The Federal Reserve failed and/or ignored its mandate to sustain the value of the dollar.  While the US population was made to struggle though this period, the US government went on a massive expansion of spending to pay for its military infrastructure and even larger expansion of its bureaucracy. ...
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Mass Currency Debasement Is Not A Solution

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Mass Currency Debasement Is Not A Solution  As the Federal Reserve's gigantic debt bubble implodes all around us, we are witnessing massive wave after massive wave of currency debasement. Literally printing billions and billions of dollars on a daily basis in an effort to keep their debt bubble alive. The Federal Reserve has gone so far as to suggest there will be limitless currency debasement as a means of "providing stimulus", or put another way endless money printing to keep certain mismanaged corporations from going under. The Federal Reserve has also suggested that these massive money printing actions will only temporary in nature. They want the public to believe these monetary debasements can and will be stopped and things can and will be normalized once this financial crisis comes to an end. Not sure which turnip truck the Fed assumes we fell off of, but it doesn't take much to realize that it is not possible to unwind a quantitative easing scheme (see: P...
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