Wednesday, September 7, 2011

Gerald Celente on Gold & the US Economy

Another scary prediction about the US's economic future. Is the dollar headed lower, or ready to crash?

Video: Wake Up EveryBody! the Collapse of the US Dollar is Here!

From Coast to Coast AM radio show.

Tuesday, September 6, 2011

Financial Times: Fears Rise Again Over Europe Debt Crisis

Again? Don't they mean "still."  When did we really stop worrying about this?  Looks like a long day on the US stock markets today.
German benchmark borrowing costs fell below 2 per cent to all-time lows while Italy’s shot up as worries about the eurozone debt crisis and the fragility of banks once more intensified.  European lenders bore the brunt of a broad-based sell-off across equity markets while the cost of insuring bank and government debt hit record highs as investors fled from risky assets to safer ones.
Fears rise again over Europe debt crisis -

Breaking US Dollar Collapse News

What's Behind the Decline of the US Dollar?

This is one the of the best and simplest explanations we have seen:
The U.S. dollar's downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. - Wall Street Journal, April 23, 2011
Interestingly, the Federal Reserve is responsible for, or an active participant in all three of these factors.