How Badly Did Holiday Retail Sales Do?

December 26th, 2012

Streible: Silver Will Be #1 Commodity Pick of 2013

December 26th, 2012

Toronto’s “Perceived Wealthiest” Carry The Most Debt – Living Way Beyond Your Means

December 20th, 2012

by Das Brain

living beyond your meansThe article below is about 10 months old, but non the less it still details the amount of debt that “perceived rich people” are holding on to, simply because they can finance their big houses and high life style with their high-income.

However, as soon as there is any disruption to their income like a job loss, the illusion of wealth can easily come unraveled and the debt payments will pile on very quickly.

Silver To Gain 29% In 2013 – Analysts, Traders And Investors

December 20th, 2012

Stack of silver bars - commoditiesHere is an article on ZeroHedge, originally from GoldCore that talks about how silver may gain roughly 30% in year 2013. Silver did hit a high of $34 in 2012, and there is massive manipulation to keep it down by large institutions so that it doesn’t compete with the U.S dollar as a money, much like gold.

Have a read to the article:
http://www.zerohedge.com/news/2012-12-20/silver-gain-29-2013-analysts-traders-and-investors

Initial Jobless Claims Rose Last Week to 361K

December 20th, 2012


Here it is jobless claims rise, the figures worse then last report.

Investment Banks to Cut 40,000 More Jobs: Study

December 20th, 2012


This will not be good for the job figures going forward.

Rick Santelli: Debt Ceiling Not The Problem, The Debt Is; ‘Road To The Weimar Republic

December 20th, 2012

Finance Books I’ve Read Pre-2012

December 19th, 2012
Man Reading book

As it is the Christmas holiday season and I am off work for 2 weeks, I thought I reflect on books I have read in the past and how those books have helped me in my finances.

Below is the list of books that I have read from 1997 to 2011.

Roubini: European Recession Continues to Spread

December 14th, 2012

U.S. Headed for Total Collapse?

December 14th, 2012


The congressman begins by saying “The country is broke already.” That can’t be good, the U.S is out of money and in debt 16 Trillion dollars. Hell ya, the government has to cut back on spending and big time.

I don’t think America can fix this, rather the politicians will keep kicking this down the can, and in 1-5 years as the congressman says “Total Collapse” will happen.

Natural Gas Is a Good Long Term Play

December 14th, 2012