Bernanke's words are meaningless. This video is "a compilation of statements he's made from 2005-2007 that will have you 100% certain America is doomed if we continue to value what this moron says." PaulWilliamsWorld on YouTube
Monday, November 30, 2009
Wednesday, November 25, 2009
Should You Buy Gold?
The gold rush is almost over. Amidst the noise of the markets we have articles like this one which try to straddle the fence with the oft repeated mantra that investors should 'diversify' their portfolios to reduce risk. However, they still advise investing at least something in gold. The possibility that we are about to enter a time of deflation where all investment classes could decrease in value has never been entertained by those advocating a 'diversified' portfolio. Sure you'll be diversified, you'll have a diversity of losses.
Then there is a common outright bullish stance that now is the time to enter the gold market because prices will go higher and could go as high as $6,300 to $9,000 an ounce. This extreme bullish stance is typical of a speculative market high. Many small time investors are entering the market fearful of being left out, we even have internet sales pages aimed at everyday folk with a few dollars to spare urging them to invest in gold NOW!
It is at just this point that traditionally a high is in place and they all get burnt.
If you use the Elliott Wave Principle to analyze markets you have an objective tool which will tell you exactly what any investment class is about to do. What goes up must come down again at some stage, and Elliott Wave helps you pick turning points.
Our stance at The Deflation Times is simple: Cash is King.
Sunday, November 22, 2009
Income Inequality Leads To Economic Crisis
Income inequality is at record levels in the United States today, levels not seen since 1929 immediately before the Great Depression. If you think this is no problem then consider what happened last time inequality in the Unites States was at these levels and then remember the credit crunch of 2008.
A great inequality in income undermines the stability of a nation. A large and comfortable middle class can provide stability. When the middle class begins to feel the pinch and looks around to see the pain is not shared equally they get angry and they become motivated to change things. Social mood changes from one of comfortable preoccupation with trivial entertainments to angry and violent demonstrations. It was a great disparity in income that led to the French Revolution. We cannot afford to ignore history's lessons.
Between 1920 and 1929 the top 1% of the American population increased their incomes by 75% while the nation as a whole only increased their incomes by 9%. It is widely recognised that the great inequality in income prior to the Great Depression was a major contributing factor to the following decade of economic catastrophe. Since 2000 income inequality has been rising rapidly in the Unites States. It is no coincidence that this comes hand in hand with a faltering economy.
If you believe the hype that we are in the beginning phases of an economic recovery you will be sadly mistaken. What's just around the corner will surprise many people and the best course of action is to be well prepared. Download our How To Survive The Economic Depression today. It's free. It contains invaluable advice that can help your family prepare for the worst.
Zombie Buildings - Economic Crisis
<p> From the Huffington Post this video about the next big crash to hit the United States: commercial property. Banks are still failing, everyday Joe's are still facing foreclosure, and now an increasing number of commercial properties cannot find leaseholders. We will be surrounded by empty zombie buildings.
Tuesday, November 10, 2009
Money Saving Tips
We here at The Deflation Times have put together an invaluable e Book on Money Savinig Tips. This is NOT a compilation of common tips that you would already know.
Although everyone will know a few tips in this book, most of them you probably have never come across before. They are different and unique, and all together in the one easy to read ebook.
Many people are finding it hard to make ends meet as jobs are lost and homes are foreclosed. If you find yourself having to cope with less money then 125 Money Saving Tips is here to help you put more money back in your pocket.
Is your employer downsizing? Could they let you go in the near future? Saving money now would put you in a stronger position to weather any economic storm that may come your way during the continued economic contraction.
Perhaps you have your own business which is struggling with reduced sales? These 125 Money Saving Tips could help you hold on for longer and make it through the downturn.
Perhaps you are on the verge of having your house foreclosed upon? These tips could be the difference between making payments, keeping your home, and NOT losing your most important posession.
It is entirely possible for you to make small changes to how you do things everyday and make big savings overall.
We will show you how you can-
-Pay less in water bills.
-Pay less in electricity bills.
-Pay less in gas bills.
-Pay less in grocery bills.
And have enough left over for all your needs! You will discover 125 Money Saving Tips will make a BIG difference!
Maybe you already think you know enough to save money by making simple lifestyle changes. Well, good for you. There is much to admire about someone who tries to keep their costs down and help the environment.
But no matter how much you may already know, there's a ton of more money saving tips you don't know. Without knowing them you are probably unwittingly wasting money - and resources - that could so easily save you more money.
We have money saving tips for-
-Your car
-Your kitchen
-Your washing machine
-Your dishwasher
-Your garden
And more! There's a million places where you can make small changes and reap huge benefits.
Not only will you save thousands of dollars every year, but you will also have a positive impact on the environment, because when you use less resources you pay less money and reduce your impact on the environment too.
Back in the good old days everyone was green. Life was simple then. They didn't travel on huge jumbo jets, they didn't run around the country in gas-guzzling motor cars, they didn't cool themselves in summer with air conditioners, consuming vast amounts of energy in the process. Today we are all paying the price of progress.
For those brave souls this e Book has an extra 126th Money Saving Tip. This tip is so radical it's not for everyone. It will pay you $ at the start, it will improve the health of your family, it will enhance your children's education and it will give you more time to spend with your family. It is a simple idea, but we bet you've never seriously considered how it could really work for you! We have personally been using this tip for years now and we are much happier for it.
We know everyone will find many useful ideas in our e Book. We know that 125 Money Saving Tips will be a great help to many families struggling today.
Monday, November 9, 2009
Robert Prechter on Yahoo's Tech Ticker #2: Investors Play It Safe
"Be very careful," he says. "Don't lose the money you have saved in the markets that are likely to come down in 2010 a long way."
Robert Prechter on Yahoo's Tech Ticker: Stocks Headed Lower
"He's predicting another crash in 2010 that will bring stocks below this year's low. His word to the wise, "be patient, don't rush it" keep your money in cash and cash equivalents for now and wait out this bear market."
Friday, November 6, 2009
2008 Just a Warm Up! Robert Prechter talks to Maria Bartiromo on CNBC
Robert Prechter, president of Elliott Wave International talks to Maria Bartiromo on CNBC about the end of the rally, what's ahead for the economy for the rest of the year and into 2010, and how to protect yourself.
Tuesday, November 3, 2009
A Diet of Human Trash: The Midway Journey- Chris Jordan Photography
'I envision our project not as being a bunch of professional media people tramping around the island with cameras; instead I hope it will be an emotional and spiritual journey by a deeply connected group of artists, to honor the issues that Midway represents. Maybe it is not too ambitious to hope—if we can fully rise to the occasion—that we might be able to co-create a multi-media work of art that tenderly witnesses this middle point that humanity finds itself at right now. And in the eye of the storm —the apex of the Gyre—perhaps our collaborative efforts can create a container for healing that might have some small effect on the collective choice that is to come.” Chris Jordan
I have bolded the two phrases above because they go right to the heart of the matter: That, first, due to the super-consuming of consuming not only have we created an economic crisis but due to it have also created an environmental crisis. And, second, that we're at a 'middle point' where hard choices will have to be made or not only will there be a catastrophic economic collapse like we've never seen but also a catastrophic environmental nightmare from which we may never wake up.
The Midway Journey project "serves as a lens into one of the most profound and symbolic environmental tragedies of our time: the deaths by starvation of thousands of albatrosses who mistake floating plastic trash for food." And it may also serve as a lens into the current and future state of our economic affairs.
Sad but true.
Sunday, November 1, 2009
125 Money Saving Tips
We here at The Deflation Times are aware that in these tough economic times many people are struggling to make ends meet.
Not only is the U.S. government reeling under a mountain of debt but also people from all walks of life are too. The White House and economists may be calling the recession over (we think they're wrong, but that's another story) but regular folks around the country are still losing jobs, incomes, businesses and their homes. The recession is not over for them yet.
So in order to help those in financially tight positions, who may not need investment advice as much as ideas on how to make their money go further, we have put together an ebook called - '125 Money Saving Tips'.
This ebook covers many areas where you can save money, such as at home, the car, while on vacation, during Christmas, and while shopping. Indeed, you will find many realistic and practical changes you can make that result in significant money savings.
The money saving tips in the ebook are unique. Some of them you may have heard before but we guarantee there will be many you have not. These ideas are cheap, often free to implement, and are very easy to do. They will not deprive you of anything at all; they just carefully reduce waste and thereby reduce costs.
An added bonus to saving money by reducing waste is that you reduce your impact upon the environment significantly. Small changes can have a big effect on the environment and the 125 Money Saving Tips ebook focuses on environmentally friendly approaches to putting more money back in your pocket.
Although the ebook is called '125 Money Saving Tips' there is an extra, 126th Money Saving Tip. This tip is so radical that it will not appeal to many but when implemented can literally pay you cash at the start and thereafter save you hundreds of dollars per year! This simple idea will also improve the health of your family, give you more time together and improve your children's education. If this sounds too good to be true, it's not.
The ebook will help you, your family and friends make ends meet if the money is tight while at the same time live more environmentally friendly lives as well. If money is not tight but you're looking for ways to save more money then '125 Money Saving Tips' will help you save money too!
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