The Tipping Point at Zero
March 23, 2010 by script2see · 1 Comment
By Jim Willie CB, Golden Jackass Subscribe: Hat Trick Letter The USEconomy is bifurcated, with price inflation advancing on the cost side while price deflation harms on the asset side, to produce a nasty storm that is unlikely to abate. When high pressure zones clash with low pressure zones, hurricanes and tornadoes occur. Calling the resulting [...]
Red October
October 3, 2009 by goldguru · Leave a Comment
The Daily Reckoning Uh oh…maybe it will be a Red October after all… Two important things happened yesterday, both of which cast a crimson light on things. First, the Dow dropped again; it has only gone up one of the last 7 days. It went down 203 points. Could be nothing. Could be something big…the [...]
The Means of Surviving Price Inflation
April 10, 2009 by goldguru · Leave a Comment
Some readers helpfully write that they have detected a new pessimism in recent Mogambo Guru newsletters, not to mention a serious decline in writing quality and a big increase in Valueless Mogambo Stupidity (VMS), which they cheerfully enlighten me about with emails such as “Dear Exalted Mogambo Master (EMM), Why are you so negative and [...]