The Shrinking Middle Class

Important Q&A! February 20, 2009

It’s time again for me to answer some questions my readers have. Often, this kind of forum can cut right to the chase, as I directly respond to the most popular questions I’m hearing. So let’s get right to them …

Bob writes in: “Gold’s broken above your key resistance level of $929. How much higher can it go, and how fast do you expect it to go up?”

You’ll see some backing and filling of the support areas just under $929, meaning you shouldn’t be surprised if there’s yet another pullback. But gold’s next leg up should easily exceed the prior record high of $1,034 an ounce.

Once that is accomplished, expect another pullback, then a move up to at least $1,250.

Longer-term, over the next three years, I expect to see gold reach at least $2,200 an ounce, and possibly much higher. Select gold mining shares and mutual funds should perform even better.

World Of Trouble February 18, 2009

China VERY UPSET About The Devaluation Of The U.S. Dollar! Congressman Burton February 13, 2009

Peter Schiff: Stimulus Bill Will Lead to “Unmitigated Disaster” February 7, 2009

http://finance.yahoo.com/tech-ticker/article/169781/Peter-Schiff%3A-Stimulus-Bill-Will-Lead-to-%22Unmitigated-Disaster%22

End the Federal Reserve February 3, 2009

Glenn Beck: The Inconvenient Debt: A Detailed Look at the Latest Monetary Base Figures February 3, 2009