CF Economics: Gold Just $10 Below All Time High

Wednesday, February 23, 2011

Gold Just $10 Below All Time High

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Prediction One (P1)
The housing crisis of 08/09 was just the beginning. Subprime was merely the first domino to fall in a long line of real estate bubbles. Residential (Alt-A and OptionARM resets), Commercial, Retail, Hotel and Industrial properties are still looking at major default rates soon.

Prediction Two (P2)
Basic government services will begin to break down. Federal, State and Local governments will be unable/unwilling to deal with the loss of revenues and will completely implode before they are able to fix their budgets.

Prediction Three (P3)
Commodity scarcity and worldwide food shortages will be realized over the next few years. While the dollar loses value, and demand skyrockets from emerging markets, commodities will be harder to obtain even for the U.S.

Prediction Four (P4)
The US Dollar will be replaced as the world's reserve currency, eventually losing most of its value when the nations of the world's dollars are repatriated home to the U.S. Hyperinflation and an economic sudden stop event become not only possible, but probable.

Prediction Five (P5)
The world will decouple itself from the US Consumer. As the dollar collapses and other countries' currencies appreciate, domestic consumption in those countries will skyrocket. 300 Million US consumers will have to remember how to make stuff.

Preparation
Very little planning is necessary to not only survive, but thrive during this period. Take your head out of the sand and look around. Its happening.

CF Economics

Wednesday, February 23, 2011

Gold Just $10 Below All Time High

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CF Economics

Wednesday, February 23, 2011

Gold Just $10 Below All Time High

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