Going For Gold: "Govts rob citizens, money printing race disastrous"
posted by Randy @ 5:34 AM
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ECONOMICROT
Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
This Blog and/or the articles contained within have been referenced, linked or quoted in: Businessweek online, WSJ Online, Dollar Collapse, Safehaven, Silverbear Cafe, Financial Armageddon, Yahoo & Google Finance -- among many other blogs & web-pages... Thanks for stopping in for a read!
Wednesday, August 17, 2011
About Me
- Name: Randy
- Location: Las Vegas, Nevada, United States
****HOME--MAIN BLOG PAGE**** I’m 44yrs old, retired from the USAF & manage a Telecomm organization. I have been writing about our bubble economy since 2005 & many of today’s economic events were actually anticipated and forewarned of. You should know that the U.S. Housing Bubble was only the latest symptom of much larger fundamental economic imbalances that have been building for decades - due to poor monetary and policymaking decisions. With that, I personally feel a major economic transformation is taking place right before our eyes & the prosperous “good life” that we’ve enjoyed in the US is ending. I have unrelated Telecom Eng. & Eng. Mgnt. Degrees, but have spent many thousands of hrs studying economic issues – providing me with a strong understanding of “the big picture” *****Disclaimer***** These articles reflect the opinion of this author and are by no means a guarantee of future economic conditions. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult with your professional financial planner
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4 Comments:
Thanks Randy... great video. Curious how you are doing these days. Any chance of a Randy written article any time soon?
Just wanted to stop in and say hello from Josh and I. :o)
Hey Shannon - Hope you, Josh and the family are well. Its really good to hear from ya!
Ponzerelli,
Thanks for the comment and question. Well, much has transpired in my life over the past couple of years (divorce, moved, etc, and aside from working long hours, I'm attempting to live life a little more than in days past (i.e. working out, spending quality time with my daughters; likewise with my girlfriend) and this Blog is not at or near the top of my priority list anymore...
With that said, nothing has really changed in my perception of the economy. Things look really bleak and the future of the US Dollar is the biggest issue in play for the world... However the EU problems are also of significant concern and could quickly metastasize across the global banking system as a bear stearns x 100 event, but I digress..
For the US, looking forward there are only two options to choose from: 1) Default which will never be allowed to happen or 2) Hyperinflate - the chosen policy (combined with an economic depression - possibly caused by the EU crisis and global banking contagion?)...
Anyway, I'll try to put something together soon.
Cheers!
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