Category Archives: Collapse 2011

First Iceland, Now Greece Reject Austerity

Posted on June 12, 2011 by gerold

Last year Iceland told the Banksters to pound sand where the sun doesn’t shine as the world’s oldest democracy (900 years) refused to accept austerity measures by bailing out the foreign bankers who demanded that ordinary Icelandic citizens suffer rather … Continue reading →

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Saudi coup brilliant – but our energy costs will increase

Posted on June 11, 2011 by gerold

This is reprinted from Jim Sinclair in the category Jim’s Mailbox WWW.jsmineset.com June 9, 2011, at 1:42 pm Jim, Dr. Philip Verleger’s knowledge of the oil industry is, in our opinion, second to none. We had seen the announcement and … Continue reading →

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OOPS, I spoke too soon!

Posted on June 2, 2011 by gerold

Goodness! No sooner did I post my latest Collapse Update on May 30 than we were hit with a barrage of dire economic data two days later. Hey, not my fault. I don’t create it; I just report it. This … Continue reading →

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Collapse Update – June, 2011

Posted on May 30, 2011 by gerold

Tumultuous Summer Ahead “I’m convinced the US government will go bankrupt, but not tomorrow. Before they go bankrupt, they’ll print money, and then you’ll get very high inflation rates. Then you get a depression with high inflation. Then eventually they’ll … Continue reading →

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A Lesson in Economics

Posted on April 30, 2011 by gerold

The following article appeared in the February 23, 2002 issue of the Lakeshore News – Salmon Arm, B.C. It was written by Ron Adams; a local financial advisor who writes a regular column in the paper. Ron is sometimes a … Continue reading →

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APRES NOUS LE DELUGE

Posted on April 29, 2011 by gerold

This is a thought-provoking article from Egon von Greyerz that I’ve shamelessly copied in its entirety (with full attribution). – gerold by Egon von Greyerz By admin golds , March 6, 2011 @ 5:17 pm In Commentary “Paper money eventually … Continue reading →

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Stock Crash? – March 2011

Posted on March 15, 2011 by gerold

If you’re a stock investor or know someone who is, please heed or pass this on to them. I’ve bailed out of most of my equities (stocks) except for core holdings that pay dividends regardless of price. There’s too much … Continue reading →

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