Monthly Archives: January 2011

You’re Insane If You Don’t Own Gold, Investors Told

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Not owning gold during the current financial turmoil is “a form of insanity”, according to an investment analyst at a leading City firm. The Telegraph By Richard Evans 5:46PM GMT Originally Published Jan 11 2011 Although gold has been rising … Continue reading

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Why You Can’t Trust the Inflation Numbers

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The Wall Street Journal By BRETT ARENDS A surprising number of people on Wall Street will tell you not to worry too much about inflation. After all, they’ll say, just look at the numbers. The inflation picture is incredibly benign. … Continue reading

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Social Security fund will be drained by 2037

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Associated Press By STEPHEN OHLEMACHER Published: January 27, 2011 WASHINGTON (AP) – Social Security’s finances are getting worse as the economy struggles to recover and millions of baby boomers stand at the brink of retirement. New congressional projections show Social … Continue reading

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No Stemming Red Ink: Federal Deficit To Hit $1.5 Trillion

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Associated Press ANDREW TAYLOR Published: January 26, 2011 WASHINGTON (AP) – Far from slowing, the government’s deficit spending will surge to a record $1.5 trillion flood of red ink this year, congressional budget experts estimated Wednesday, blaming the slow economic … Continue reading

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Nine Reasons Why You Cant Resist The Charm of Gold

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Commodity Online Published on: January 25, 2011 at 11:05 By Andrew Mickey The “Gold is a Bubble” crowd has been reawakened. CNN warned earlier this week: Gold is a bubble, resist its charms. Gold’s six percent fall in the last … Continue reading

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Brace Yourself: Peter Schiff Predicts U.S. “Inflationary Nightmare”, Made in China

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Yahoo! Finance Posted Jan 24, 2011 01:09pm EST by Stacy Curtin Rising food and commodity prices have the world on edge. Food prices are up 25% around the globe. Oil is nearing $100-a-barrel. Steel prices are expected to jump 66% … Continue reading

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Running The Government On 8¢

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CNNMoney.com By Jeanne Sahadi, senior writer January 21, 2011: 5:19 AM ET NEW YORK (CNNMoney) — Those who clamor for more “limited government” rarely define what they mean. But assuming nothing changes over the next decade, Americans could be left … Continue reading

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12 Economic Collapse Scenarios That We Could Potentially See In 2011

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TheEconomicCollapseBlog.com January 20, 2011 What could cause an economic collapse in 2011? Well, unfortunately there are quite a few “nightmare scenarios” that could plunge the entire globe into another massive financial crisis.  The United States, Japan and most of the … Continue reading

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20 Shocking New Economic Records That Were Set In 2010

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TheEconomicCollapseBlog.com January 14th, 2011 2010 was quite a year, wasn’t it?  2010 will be remembered for a lot of things, but for those living in the United States, one of the main things that last year will be remembered for … Continue reading

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Record $14 Trillion-Plus Debt Weighs on Congress

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YAHOO! News By Tom Raum Associated Press – Sat Jan 15, 6:15 pm ET WASHINGTON – The United States just passed a dubious milestone: Government debt surged to an all-time high, topping $14 trillion — $45,300 for each and everyone … Continue reading

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