by Mac Slavo | Apr 16, 2010 | Forecasting
The Bank of International Settlements, aka the Bank of Banks, in a report titled The future of public debt: prospects and implications, says that out of control public debt, a weary public and monetisation will lead to inflation. When the public reaches its limit and...
by Mac Slavo | Apr 15, 2010 | Forecasting, Headline News
Federal Reserve Chairman Mr. Ben The-Sub-Prime-Crisis-Is-Contained Bernanke says that he has confidence in the recovery: Federal Reserve Chairman Ben Bernanke told Congress Wednesday that he has confidence the unfolding economic recovery will have staying power,...
by Mac Slavo | Apr 14, 2010 | Forecasting, George Soros, Peter Schiff
Billionaire financier George Soros warns that we are creating another environment which will inevitably lead to a crash, but this time, it won’t be just stock markets and it will be an even bigger boom and bust than the recent credit crisis. Via Reuters:...
by Mac Slavo | Apr 13, 2010 | Forecasting, Precious Metals
Well known market analyst Robert Prechter, who strongly favored stocks in March of 2009, says it’s time to get out: I think this is the third best selling opportunity in the last 10 years. The first one was in 2000, the next one was in October ’07, the...
by Mac Slavo | Apr 9, 2010 | Forecasting, Martin Armstrong
Martin Armstrong is the former chairman of Princeton Economics and the Foundation for the Study of Cycles. As a cyclical theorist and economist Armstrong has predicted a variety of economic events, in many cases to the very day, including the stock market crash of...
by Mac Slavo | Mar 24, 2010 | Forecasting
In yet another sign of recovery, the National Association of Realtors says that sales of existing homes have fallen for a third straight month: Resales of U.S. homes and condominiums fell 0.6% in February to a seasonally adjusted annual rate of 5.02 million, the...
