Economy

Patience during a Bubble, Or, “The Fine Art of Snoring” as Nock wrote.

Sometimes the hardest thing to do is have patience. You want in…when the whole world is grabbing at something, making it seem like the greatest sure-fire thing in the world to do, it’s easy to get caught up with the herd. Maybe the herd is right and you miss out on a great opportunity, or …

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Home Prices are Now Soaring at “4.5 Times The Fed’s Inflation Target In All US Cities”

As I said in my last post: Once people realize that prices are moving higher in earnest, they will dump cash even faster, pushing prices even higher. At some point, the people will understand that the Fed has been, is and will continue destroying their society and entire civilization. How long it takes for them …

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Now the Price of Collectibles are Ripping Higher

The frenzy begins. Martin Armstrong is reporting that the price of collectibles – including a first edition Batman comic, along with many types of rare coins are breaking records. “People are starting to dump the cash…” Once people realize that prices are moving higher in earnest, they will dump cash even faster, pushing prices even …

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Recovery is at the End of the Road, but There are Cliffs in Between

I keep seeing articles about the ‘road to recovery’ and that idea is missing the entire point. This fiat system has to go to failure, then something else will be put in its place. The road goes to collapse and then rebuild an entire civilization before it can even think about recovery. Who would want …

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