bowman711

Stagflation or Deflation?

This article should be required reading for every high school and university student.

Just a Commodities Correction - Not the End of the Bull (Part 2)

Does CLH stand for 'Curmudgeon & Lunatic Here'?

Which Inflation Is It Anyway?

One aspect of this I haven't seen mentioned is the impact of having gone from a production economy to a consumption economy. When an economy is focused on production, the expansion of credit is limited by the need for selling the products. It is no use to borrow to expand production if there are no new customers.

In contrast, in a consumer based economy, the expansion of credit is 'desirable' to enable the consumers to keep on consuming. Easy credit enables the consumer to buy and buy and buy more. That makes it 'desirable' for manufacturers to borrow to expand production to meet the inflated demand.

I think this change, from a production to a consumption focused economy in the last generation, is no small part of the predicament the U. S. economy finds itself in today.

Peak Oil, Gold and the U.S. Dollar

I would submit that many of the Canadian Energy Trusts are a good oil investment right now. For example, Pengrowth Energy Trust (PGH) has gone from under $17 to over $19 since February 1 . . . as well as paying $225 dividend per 1000 shares EVERY month! That's an annual 14.2%, not including any capital gains. And, it is comforting to know that even if the stock goes down $1/share, it takes less than five months of dividends to earn it back.

This is just one example of many Canadian Energy Trusts. Take your pick from them!