A new Martenson Report is ready for enrolled members.
Link – Second Leg of the Housing Decline Set To Begin
Executive Summary
- Housing data is weak and just took a turn for the worse
- Stimulus efforts were essential to keep housing propped up
- The stimulus has ended
- QE and stock market prices are correlated
- What’s coming next
- What you should do
We bought our house in November of 2009. This will turn out to have been a very bad financial decision. We’ll be underwater on that purchase for a very long time; maybe forever (or until Bernanke’s great experiment takes the final turn towards massive currency destruction and inflation; whichever comes first).
Second Leg of the Housing Decline Set To Begin
by Chris MartensonA new Martenson Report is ready for enrolled members.
Link – Second Leg of the Housing Decline Set To Begin
Executive Summary
- Housing data is weak and just took a turn for the worse
- Stimulus efforts were essential to keep housing propped up
- The stimulus has ended
- QE and stock market prices are correlated
- What’s coming next
- What you should do
We bought our house in November of 2009. This will turn out to have been a very bad financial decision. We’ll be underwater on that purchase for a very long time; maybe forever (or until Bernanke’s great experiment takes the final turn towards massive currency destruction and inflation; whichever comes first).
Second Leg of the Housing Decline Set To Begin (or Why Economists Are Dangerous To Your Wealth)
PREVIEWBack in May, I was struggling with whether or not to send out an Alert. For those new to the site, an Alert is an extremely rare thing for me to send, and I do not do it lightly. There must be compelling evidence that something extraordinary is afoot that would personally cause me to take specific actions or kick my current rate of activity into a higher gear.
During early May, right before the recent bouts of market volatility, I was growing increasingly concerned by the constellation of market signals that I was seeing, but not concerned enough to actually issue an alert. Truth be told, I was struggling quite a bit with the decision about sending one, and finally on May 13th, I wrote and posted the Insider titled, “I’ve got that sinking feeling.”
Just this morning, member Spectrabill left this comment on the bottom of the thread for that post:
About that sinking feeling…
PREVIEW by Chris MartensonBack in May, I was struggling with whether or not to send out an Alert. For those new to the site, an Alert is an extremely rare thing for me to send, and I do not do it lightly. There must be compelling evidence that something extraordinary is afoot that would personally cause me to take specific actions or kick my current rate of activity into a higher gear.
During early May, right before the recent bouts of market volatility, I was growing increasingly concerned by the constellation of market signals that I was seeing, but not concerned enough to actually issue an alert. Truth be told, I was struggling quite a bit with the decision about sending one, and finally on May 13th, I wrote and posted the Insider titled, “I’ve got that sinking feeling.”
Just this morning, member Spectrabill left this comment on the bottom of the thread for that post:
Below is a recent example of a Martenson Report where I explain my views on gold and investing in gold. I am putting it here so that non-enrolled members can see the type of thinking I routinely offer to enrolled members of this site.
If you are interested in enrolling, I encourage you to consider. Besides what you see below, there’s a very active community of commentary and additional thoughts, links, and other resources posted by community members in response to the reports.
In these reports I tackle such burning items as what the Deepwater incident means to our future energy supplies and economy, deflation vs. inflation, and the developing sovereign default and future currency crisis. My goal is to illuminate and to help simplify your decision making in these complicated times.
Best,
Chris
Is Gold In A Bull Market?
Friday, May 28, 2010
Executive Summary
- Asking whether gold is in a bubble or a bull/bear market misses the point.
- Better questions to ask involve fiat money management, government responses, and financial market risk.
- Gold is not in a bull market; rather, faith in our decision-makers is in a bear market.
- Trust is hard to come by these days.
- As for whether or not to buy gold, there are a number of factors to consider.
I’d like to clarify my views on gold, because I approach this topic from a unique perspective that I think has value.
For most, the idea of investing, or even speculating, is a matter of placing one’s money somewhere with the anticipation of getting more money back out at a later date. Naturally, the footnote to this expectation reads, “…assuming money is worth the same.” In this idea of investing, ‘more money’ is assumed to be synonymous with ‘greater purchasing power,’ because devalued money may represent a significant loss. The shifting target in this story since 1971 has been the untethered value of the currency itself.
For many investors, it has been a useful frame of reference to define various asset classes and markets in terms of being either “bull” or “bear” markets, where prices for investments have risen or fallen over some period of time, respectively.
Sometimes, when a bull market ramps out of control and then crashes, it is said to have been in a “bubble.”
Recently, the WSJ asked the question of whether or not gold is in a bubble, which is an important distinction for many investors, because if the answer is “yes,” then the next question is, “So when will it crash?”
A Recent Report: Is Gold In A Bull Market
by Chris MartensonBelow is a recent example of a Martenson Report where I explain my views on gold and investing in gold. I am putting it here so that non-enrolled members can see the type of thinking I routinely offer to enrolled members of this site.
If you are interested in enrolling, I encourage you to consider. Besides what you see below, there’s a very active community of commentary and additional thoughts, links, and other resources posted by community members in response to the reports.
In these reports I tackle such burning items as what the Deepwater incident means to our future energy supplies and economy, deflation vs. inflation, and the developing sovereign default and future currency crisis. My goal is to illuminate and to help simplify your decision making in these complicated times.
Best,
Chris
Is Gold In A Bull Market?
Friday, May 28, 2010
Executive Summary
- Asking whether gold is in a bubble or a bull/bear market misses the point.
- Better questions to ask involve fiat money management, government responses, and financial market risk.
- Gold is not in a bull market; rather, faith in our decision-makers is in a bear market.
- Trust is hard to come by these days.
- As for whether or not to buy gold, there are a number of factors to consider.
I’d like to clarify my views on gold, because I approach this topic from a unique perspective that I think has value.
For most, the idea of investing, or even speculating, is a matter of placing one’s money somewhere with the anticipation of getting more money back out at a later date. Naturally, the footnote to this expectation reads, “…assuming money is worth the same.” In this idea of investing, ‘more money’ is assumed to be synonymous with ‘greater purchasing power,’ because devalued money may represent a significant loss. The shifting target in this story since 1971 has been the untethered value of the currency itself.
For many investors, it has been a useful frame of reference to define various asset classes and markets in terms of being either “bull” or “bear” markets, where prices for investments have risen or fallen over some period of time, respectively.
Sometimes, when a bull market ramps out of control and then crashes, it is said to have been in a “bubble.”
Recently, the WSJ asked the question of whether or not gold is in a bubble, which is an important distinction for many investors, because if the answer is “yes,” then the next question is, “So when will it crash?”
