I hold to to the Austrian School of economics and tend toward Contrarian Investing.
My view of the current global economic situation is that we are
in the early stages of a massive liquidity crisis, caused by central bank interest
rate
manipulation
that caused massive malinvestment in equities and real estate. There are trillions
of
dollars
in
bad
debts that need to be "unwound." Meanwhile, the derivatives market
has grown to enormous
proportions and could implode at any time. (See my background article: Derivatives--The
Mystery Man Who'll Break the Global Bank at Monte Carlo.
As a survivalist, I strongly believe that you should get your Beans, Bullets,
and Band-Aids squared away before you "invest" any
extra capital
in any investment vehicle!
After you are on a secure footing logistically, then I recommend that you do some investment research at these web sites:
Dr. Gary North
Swiss America (Precious metals sales, Gold IRAs, books, and web commentary. Highly recommended.)The Contrary Investor's Cafe (merged with Comet Gold--Great analysis, commentary and discussion forums).
The Daily Reckoning (General economics and precious metals commentary. They have an excellent free daily e-mail newsletter)
Total Investor blog. (An investing and economics news aggregation page.)
Eastern Numismatics (One of the lowest-priced precious metals dealers. Sells both numismatics and bullion.)Gold-Eagle (Precious metals news and commentary)
The Moneychanger (Franklin Sanders)
Kitco (Precious metals charts, news, and commentary)
Mish Shedlock's Global Economic Trend Analysis Blog
Colorado Gold (Don Stott)
Gold is Money (Discussion forums and other resources on precious metals investing)
Global Economic Trend Analysis blog (Mish Shedlock)
The Trader Blog (A daily market analysis blog, primarily covering FOREX, stocks, and precious metals)Coinflation (Base metal coin values)
Suggested Economic and Investing Research Tools:
The SurvivalBlog Silver World Coin Melt Value Calculator (Excel Spreadsheet)
The SurvivalBlog Gold World Coin Melt Value Calculator (Excel Spreadsheet)
(using coin weight data from the recommended books Standard Catalog of World Coins 1901-2000, and Charlton's Standard Catalogue of Canadian Coins)
Swiss America Economic/Financial News
US Dollar IndexCurrency Converter
Dr. Gary North's "Charts to Monitor" Links
Bank, Thrift, Stock, ETF, and Insurance Safety Ratings
(Hit your browser's Reload button to update this ticker.)
Some useful long term charts:
Copyright 2005-2009. All Rights Reserved by James Wesley,
Rawles - www.SurvivalBlog.com™
The opinions expressed do not necessarily reflect those of my employer.