Persevere

The Age of Turbulence: Preparing for the Crash

Based upon my research, I believe the DOW will soon hit about 9,500, THEN, slide to the low 3,000's over the next year or so. Time will tell.

24 Trillion Reasons to Buy Gold

In 2006, I had a U.S. Congressman tell me, face to face, that, because of the U.S. Governments use of Cash Basis Accounting, if the truth be known, the U.S. Government debt was, at that time, just over 54 TRILLION DOLLARS!

No typo here, he said "54 TRILLION DOLLARS!" I can only imagine what it is now.

The Coming Economic Collapse, Part 2

Based upon a conversation I had with a current U.S. Congressman in 2003, your deficit numbers are way off! In 2003, The Congressman and I were were discussing the fact the U.S. Government requires us to use GAAP "accrual basis" accounting, yet the Government uses "cash basis" accounting. He told me that, if the truth be known, the actual Government debt is over 54 trillion dollars. Keep in mind, he told me that in 2003. You can imagine what it is currently, or maybe with your expertise, you can calculate it based upon a 54 Trillion deficit in 2003.

False Data Clobbers the Markets

". . . unemployment is still in the 5% range despite a housing meltdown."

From where was this statistic derived? From the "legal" employment/unemploymen... data?

What about the millions of "illegal criminal alliens" who are now back in their own countries living like kings, who are NOT counted in the unemployment statistics?

Just guessing, but probably if you counted the loss of jobs by all the "illegal criminal aliens" in the last couple of years, the true unemployment figures would be closer to 9%, or more!

The FBI and Mortgages

Why the housing crisis?

My opinion - Cheap labor of Illegal criminal aliens, coupled with criminal employers and mortgage brokers, and very little law enforcement and prosecution of said criminals.