Tragic news about the United States economic atmosphere has been inescapable throughout the country and world for quite some time now. With constant debate over raising the debt ceiling, shocking losses in the stock market, devastating unemployment rates, and a downgraded national credit rating, it’s no wonder the country’s economic health has been in question. […]
Crashing Markets, Credit Downgrades- What Comes Next? Read More »
By Jeff Clark, Editor BIG GOLD, Casey Research I was recently asked in an interview if I thought gold was going to $5,000 an ounce. “No,” I said bluntly. “I think it’s going higher.” “You’re that optimistic?” “No,” I replied. “I’m that pessimistic.” Imagine the condition of our world if gold reached $5,000 an ounce
When Buying Gold Becomes a Life-or-Death Question Read More »
By Vedran Vuk, Senior Analyst, Casey Research With a last-minute debt deal reached, I’m reminded of two holy words in Washington: “compromise” and “bipartisanship.” It’s amazing that the political elite have so twisted the English language as to lend virtue to these terms. In Washington, these words hold intrinsic value… similar to how “truth” and
Compromise, D.C.-Style Read More »
By Frank Trotter, President, EverBank Direct Friends who know that I speak frequently about global economics have been calling to see what I think about the smackdown arguments over spending in Washington. I have surprised them all by saying that it’s really an empty record. Well, I suppose there is some kind of odd entertainment
U.S. Debt: Has its Past Become its Future? Read More »
By Elizabeth Manning, Casey Energy Opportunities Nuclear energy has taken a beating since the Fukushima crisis began in March, but we believe the arguments are strong that it’s not down for the count. There are a couple of factors that the Casey Energy Team considers bullish for the nuclear industry and market. Let’s take a
Glow at the End of the Tunnel Read More »
By Chris Wood, Casey Extraordinary Technology Worldwide, tens of thousands of researchers are working feverishly on a cure for cancer, testing countless new drugs and dozens of novel approaches. Most will end up in the dustbin. But among the most promising of that small group likely to make it to market is a new type
Fighting Cancer Ourselves Read More »
By Jeff Clark, BIG GOLD My local newspaper ran a story about the escalating battle between Amazon.com and the state of California. At issue is the collection of sales tax: Governor Jerry Brown signed a law requiring online retailers to collect state sales tax on purchases made by CA residents. Before the ink dried on
Amazon vs. City Hall Read More »
By Doug Hornig, Casey Extraordinary Technology With cancer, early detection equals a greater likelihood that treatment will have a positive outcome. Physicians have known this for a long time, and the statistics back them up. Survival rates for those afflicted with many types of cancer have risen dramatically in the past few decades. And one
Next Step: A Home Cancer Test Kit? Read More »
Typically the best time to buy is when everyone else is selling. This one motto has made Warren Buffett a billionaire. He’s said,
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it…
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. Warren Buffett
The Nature of Rallies that Follow Massive Bear Markets Read More »
According to former GOP Senator Judd Gregg, the U.S. government borrows 41 cents out of every dollar it spends. In other words, if they can’t borrow any more money it means they have to cut 41% of the budget. According to Gregg, “The practical effect of hitting the debt limit is not that the entire
What Will Happen If The Debt Ceiling Isn’t Raised? Read More »
