A Dollar-Devaluation Adjusted Market Has Barely Moved Above Its 2009 Lows
While nominal stocks will soon be reaching for new all time highs, very much in the spirit of the Zimbabwe stock market, all of these so-called price levels (and the associated “wealth effect”) are increasingly irrelevant as they continue to come solely at the expense of ongoing global currency devaluation, whose only alternative is the purchasing of hard currencies such as gold and silver.
$10.2 trillion: The amount of money advanced-nation governments will need to borrow in 2011.
Most Americans have no idea that the most dangerous place on earth is just across the United States border. The city of Juarez, Mexico is nestled right next to El Paso, Texas and it is the murder capital of the world.
The CCX was the topic of thousands of MSM articles over the years, but not a single article reported their recent demise. Hmmm.
If we cannot trust what the government tells us about weapons of mass destruction, terrorist events, and the reasons for its wars and bailouts, can we trust the government’s statement last Friday that the US economy gained 151,000 payroll jobs during October?
Obama Defends Dollar Printing Madness As China, Russia Slam Move
U.S. President Barack Obama defended the Federal Reserve’s policy of printing dollars on Monday after China and Russia stepped up criticism ahead of this week’s Group of 20 meeting.
• Gold climbs to all-time highs above US$1,400/oz
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