by Martin Armstrong Armstrong Economics There is little doubt that we live in interesting times. However, it is not always doom and gloom. What you have to understand is there will never be any change or reform without the doom and gloom. We have to crash and burn in order to create what Joseph Schumpeter called Waves of Creative Destruction. [...] There was the Great Depression, which everyone [...]
Elliott Wave Charts Point to Shocking Countertrend for Gold – Ground Floor Opportunity for 2015 Move Up?
By Steven Hochberg It's not just surfers who scrutinize wave patterns. Steven Hochberg, chief market analyst at Elliott Wave International, uses the Wave Principle to predict the movements of commodities and the stock market based on a number of factors, including sentiment. In this interview with The Gold Report, he reads the waves and sees indications that the stock market is headed for a[...]
by Mary Anne & Pamela Aden Insights The highlight for the always great New Orleans investment conference last month was Allan Greenspan. He was special. One key moment was when he was asked about gold. He said gold is a good place to put your money these days as its value as a currency sits outside of government policies. When asked where it will be in 5 years, he said “higher.”[...]
by Charles Hugh Smith For those who doubt that America is ruled by a narrow elite: three charts. The book Why Nations Fail: The Origins of Power, Prosperity, and Poverty neatly summarizes why nations fail in a few lines: (A nation) is poor precisely because it has been ruled by a narrow elite that has organized society for their own benefit at the expense of the vast mass of people. Political [...]