Update on Dent (April 25, 2015): Check out this new video on Dent, showing his terrible track record Broken Clock Moron Of The Month: Harry Dent   Update on Dent May 3, 2015: Moron Of The Month: Harry Dent (Take 2)   Also check out more morons and gold pumpers: Moron of the Month - David Stockman Moron of the Month: John Williams Addressing More Myths about Gold and Silver The "Greatest Transfer of Wealth Opportunity" Hoax Gold Pumping Fear Mongering Mind Control Mike Sheds More Light on the Gold Pumping Crime Syndicate The Best Video Ever Created Exposing The Gold Pumping Scene Stathis Exposes Broken Clock Jim Rogers And The Media (Extended) Dismantling John Williams' Hyperinflation Predictions Peter Schiff's Valcambi Gold Destroys Customers' Purch...

I’ve sat by now for about ten years now, waiting for someone from the financial industry to point out what I am about to reveal. I meant to write about this but I kept forgetting. I have to conclude that no one has written or spoken in the media about what I’m about to reveal because many simply are unaware of what I deem to be obvious. Others don’t want to go against their colleagues in the financial industry. But what these guys seem to forget is that their first loyalty should lie with the investment public.  I feel the need to point out what I feel to be very disturbing facts behind PIMCO’s Total Return Fund. In short, I feel the fees charged are excessive by any reasonable measure. And when you consider the size of the fund (being the largest mutual fund...

I wanted demonstrate to you that Wall Street research is usually behind the curve, making it more useless than beneficial. If you work in the industry, then you probably already know this. As an example, I am going to discuss Fossil (FOSL). Today, shares of Fossil (FOSL) soared by 32% after beating earnings.

Hopefully, after having read Part 1 and Part 2, you now realize that gold certainly isn’t a hedge against inflation; quite the opposite. Accordingly, a buy-and-hold approach is the worst possible investment strategy for the use of gold; that is, unless you happen to get in at during the early stages of a gold bull market.   Similar to deflationary periods, major crises are short-term events. In contrast, modest inflation is a universal law. Therefore, gold should only be bought during times of crisis (ideally before). BUT you should NOT hold gold indefinitely.  You need to trade it like major financial institutions do.  Otherwise you could get crushed (depending upon where along the spike you bought it).  Remember, the price of gold is ONLY driven by supply-d...

“…the U.S. might continue its trend towards inflation merely due to continued high oil prices and weakness of the dollar. And only after some disaster such as a Fannie Mae blowup might deflation appear. Source: America’s Financial Apocalypse: How to Profit from the Next Great Depression (2006)

Posting When It Matters I want to thank those of you who've patiently waited during my apparent hiatus. I certainly wasn't on vacation. I don't take vacations. As I've said in the past, I'm not one ...

Added to the growing list of accurate forecasts made by our chief investment strategist, Mike Stathis is the prediction of the correction in the commodities bubble. As subscribers to the Intelligent Investor know, Mike Stathis first warned of a correction in the commodities bubble in the February 2011 issue of the Intelligent Investor. 

While I do agree with Congressman Ron Paul's position on the Federal Reserve, this by no means should be used as a blanket endorsement of his political and economic views; and certainly not his views on healthcare. The Federal Reserve mafia has been in control of America since inception. This cartel has worked particularly hard over the past two decades to gain control over the global banking system. So, you had better believe they aren't going away, nor is their control. They’re too powerful now, and they won’t allow anyone to get in their way. They control Washington. They control the media. They control economists. They control your lives.   As we have recently witnessed, President Obama has been instructed by his puppet masters to grant the Fed even more power....

We saved the BEST and longest part of this series of articles on Gold Charlatans for last.   Note: this is a long article and you may wish to print it out and read parts of it as your leisure.     Gold bugs and dealers alike have pumped out so many misconceptions and flat out lies about gold, silver, and the economy that it would be impossible for me to set the story straight in a single article; that's saying a lot considering the fact that my articles tend to be rather lengthy. However, I have previously written several articles that address the majority of the most common of these myths and lies (check the end of this article for a partial list). If you have been sucked into the vortex of lies from these charlatans, you could stand to lose a HUGE&nbs...

As I have detailed with extensive data and accompanying analysis in America's Financial Apocalypse (2006/expanded and 2007/condensed), America’s once great economy has been gradually transformed into a Ponzi scheme through decades of unfair trade policies that destroyed millions of U.S. jobs. Unlike many other books which discussed the real estate bubble in isolation, this book went well beyond the real estate bubble by presenting a compelling case for a long period of economic depression.   I can guarantee you the chapter on the real estate bubble alone (chapter 10) serves as the most detailed and comprehensive analysis presented from any book solely dedicated to this bubble. This article was originally written in 2010 as a followup to the material I first wrote ab...

Today, we learn of even more clowns looking to duplicate Porter Stansberry’s fear-mongering tactics to lure unsophisticated people into his...

I want to be crystal clear about things. What I am about to discuss has been stated in bits and pieces in the past in some of my previous articles. Here I want to bring things together so that you understand the big picture. And I want to do this by providing you with hand-selected videos that demonstrate these ideas. This is an article that will take you a couple of hours to finish due to the number of videos I have posted.  As you might imagine, I already knew what I wanted to say so virtually all of the time I devoted to this piece was spent selecting the right videos. This took several days. Hopefully, you will understand why I have sacrificed such a large amount of time preparing this piece. I could have spent this time towards income-genera...

When many people mention the collapse these days, the most common response I've heard is "everyone knew it was coming."   Perhaps you've heard the same. 

For nearly three years we have been discussing important global macroeconomic trends in order to assess the progress and risks of what has been labeled a global economic “recovery.” The illusion accounting for these improvements was created by a global release of trillions of dollars. One of the most prominent characteristics of this “recovery” is that it has been lop-sided, with advanced nations showing very little progress on many fronts. While Australia and Canada have fared relatively well, the U.S., U.K., Japan and Europe have continued to stall, despite claims made by officials and the media that a recovery is in progress. In contrast, emerging nations have performed particularly well. Asia and much of Latin America experienced a recession of short duration. Brazil spent the...

The images below should serve to remind everyone about the clowns promoted by the media as "experts." Instead of valuable insight, these clowns pitch a fear and doom narrative to the masses of unintelligent individuals who are too naive to realize when they're being conned. Remember folks, these broken clocks are pitching a fictional narratives that never change. You will never make money in the long run listening to broken clocks.  This should be obvious at this point. If it isn't then you have a short memory. You also have a great deal of financial pain in your future.  Check the track records of Faber, Schiff, Rogers and the rest of this crowd and you'll see what I mean.  And if you actually think these clowns have even a decent track record, all I can say is may...

I Repeat… I continue to be amazed by so many out there, from the pundits with their agendas to the so-called experts who zoom in on every grain of short-term optimism with an electron microscope while explaining away the reality. Not much has changed since I last wrote. Let me repeat in case you haven’t been following me. We are going to see… - An earnings meltdown - Hundreds of bank failures over the next few years - Hundreds of hedge fund blow ups - Soaring corporate defaults (already beginning) - A huge junk bond market (soon to come) - A large oil correction which will rebound and make new highs down the road (in progress) - Real estate prices collapse by 30% (35% worst case scenario)

While still working on Wall Street, I began recommending gold in late 2001 to my clients just when the bull market had commenced. As you might imagine, it was very difficult to convince older investors that gold was beginning to enter a bull market after it had done nothing for nearly two decades. By 2006, I felt this bull market was still in the early stages when my gold forecast was officially published in America’s Financial Apocalypse. A good portion of this forecast included the effect of propaganda on the price of gold as the collapse began. Up until the past couple of years there have been some real drivers of the gold bull market. In contrast, over the past couple of years the massive wave of propaganda delivered by an enormous network of gold hacks has been the primary...

If you lost money in gold, silver or precious metals stocks (including the so-called junior miners) you really need to read this article and listen to the recorded conversation I had with a Sprott employee. I guarantee you it's going to be very revealing.      I'm not going to disclose much about this presentation to the public. Only Members and Clients will get full access to the results of my investigation into Sprott Asset Management and Eric Sprott. All I will say is that my research confirmed what I already knew. This 30-page article continues below for Members and Clients.  Mike Stathis holds the leading investment forecasting track record in the world since 2006. In fact, he is the only person we know of to have ever attached a $100,000 reward a...

If you look around on the various gold bug web sites, you are likely to see the same crowd posting the same lines of hyperinflation and everything else they can conjure up in order to scare people into loading up on excessive amounts of physical gold. Note the emphasis on “physical gold” rather than gold ETFs.

Who is Chris Martenson?  Is He Legit?  And is He on Your Side?   In this 3-year investigation of Martenson, we lay out the details of how this snake has elbowed his way into the gold charlatan network in this 60-page report. We issued a warning about Martenson a while back, knowing well what he was up to, but we just did not have the time to do the investigation and write-up required to present a bullet-proof analysis. Click here to read our previous warning. More recently, we exposed what a complete clown Martenson is by showing his predictions on commodities and the US stock market. Click here and here to view Parts 1 & 2 of this video presentation, respectively. The full report on Chris Martenson can be found in our famous Encyclopedia of Bozos,...