Tom Essaye: The Best Defense Against the Currency Wars
December 13, 2012
Governments around the world are trying to solve their debt problems by borrowing even more. And the only way to pay off those debts is by debasing their currencies. Tom Essaye says the only protection against the coming currency war is gold bullion.
Larry Edelson: Market Video Update
Larry Edelson’s cycle work shows that many different turning points are coming due soon, and the market action will heat up with lots of trading opportunities. Larry examines the charts for Treasury bonds, gold, silver, the U.S. dollar and the Dow.
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Mike Larson: Don’t Believe the Hype About the Fiscal Cliff “Deal”
Congress may have reached a deal to avert the Fiscal Cliff for now. But Mike Larson says that the deal is a short-term fix, and doesn’t address the country’s long-term debt and deficit problems. He expects more budget battles and volatility ahead.
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Mike Burnick: Bond Investors Beware!
Normally investors flee to the perceived safety of Treasury bonds during times of uncertainty. But that didn’t happen during the Fiscal Cliff negotiations. Mike Burnick says this could indicate a major trend change, leading to higher interest rates.
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