Author Archives: gerold

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About gerold

I have a bit of financial experience having invested in stocks in the 1960s & 70s, commodities in the 80s & commercial real estate in the 90s (I sold in 2005.) I'm back in stocks. I am appalled at our rapidly deteriorating global condition so I've written articles for family, friends & colleagues since 2007; warning them and doing my best to explain what's happening, what we can expect in the future and what you can do to prepare and mitigate the worst of the economic, social, political and nuclear fallout. As a public service in 2010 I decided to create a blog accessible to a larger number of people because I believe that knowledge not shared is wasted.

Brief Collapse Update – Nov. 8, 2009

Posted on October 11, 2010 by gerold

           The trouble with most economists, is that, although they may be bright, they have little imagination. The same can be said for most financial analysts, political leaders, government economic advisors, etc. They may be bright enough to see the … Continue reading →

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Collapse Update – April 2009

Posted on October 11, 2010 by gerold

    Disclaimer: I’m not an investment advisor and this article is for commentary only. For specific advice you should consult your own investment professional. Insanity Rules      “The study of money, above all other fields in economics, is one in which … Continue reading →

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Can They Pay It Back – Macleans, June 22, 2009

Posted on October 11, 2010 by gerold

          This is from Macleans magazine June 22, 2009. Based on my research over the last two years, the projected dates in this article are based on extremely optimistic U.S. government forecasts which have already been proven to be wildly … Continue reading →

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Priced in Gold – March 15, 2009

Posted on October 11, 2010 by gerold

            You’ll never make sense of the market turmoil (finance, stocks, bonds, real estate, etc.) that we are seeing and that will continue getting worse, if you price things in dollars. You won’t make wise decisions about your future … Continue reading →

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Don Coxe’s Farewell Message – Jan.31, 2009

Posted on October 11, 2010 by gerold

            I was very fortunate to have had access to Don Coxe’s weekly podcasts while he was BMO’s Global Financial Strategist. His subscribers were high net-worth individuals, fund managers and financial advisors (none of which describe me.) This made Don … Continue reading →

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Commentary – history mystery – 2012 world end? – Oct 5, 2008

Posted on October 11, 2010 by gerold

It’s been another week of tumult in both the financial and political worlds. This will be another longish article. If I appear to be rambling, please bear with me because I will eventually wrap it up.             I once had … Continue reading →

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December 2008 Crash Update – Dec. 20, 2008

Posted on October 11, 2010 by gerold

So much has happened lately that’s it’s difficult to know where to start. So much has happened lately that it’s difficult to keep up with all the news. There’s lots of news. Much of this will not be in the … Continue reading →

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Financial news videos-more doom & gloom – Dec. 6, 2008

Posted on October 10, 2010 by gerold

Here are some interesting financial news videos; stuff you won’t see on the evening news. The first is some more Peter Schiff Analogies. http://www.youtube.com/watch?v=vweLBpE4mso In this next one Meredith Whitney, executive director of equity research at Oppenheimer, discusses the credit … Continue reading →

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LIBOR a joke – Nov. 11, 2008

Posted on October 10, 2010 by gerold

Gotta love that crusty American Jim Sinclair! For most of this past year I have been skeptical of LIBOR rates (London InterBank Offered Rate – the rate that banks supposedly lend to one another,) that select British banks SELF-REPORT. Banks … Continue reading →

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A credit crater too big to fill – Nov. 5, 2008

Posted on October 10, 2010 by gerold

You can read the attached lengthy article from MSN Money based on input from Satyajit Das, a name you might remember from one of my own articles. Satyajit, a banking expert, wrote a 4,000 page text on derivatives (structured financial … Continue reading →

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