In the 20th century, the American heartland — from Kansas City to Pittsburgh — sprouted factories that turned out everything from hammers to rocket engines. Now, after decades of hard times for manufacturing, the heartland is sprouting again. Only this time, the crop is sprouts – along with jobs, an urban-agriculture industry, and a solution...
Category: Uncategorized
Post
Is gold still golden?
Turn on the cable business shows, read the financial papers, listen to the media’s prized “experts,” hear it from billionaires, and most of all, pay attention when Mr. Big speaks. The message is essentially the same: Gold is a loser’s game. We begin with media favorite Nouriel Roubini, New York University’s own and a member...
Post
Gold is golden!
On June 26, when gold was trading at $1,233 an ounce, I had forecast in my Trends in the News segment that it was near the bottom of its trading range, and it could go $100 to $150 lower. Nonetheless, I maintain my long-held forecast for gold to reach $2,000 an ounce. Why? Because there...
Post
Bernanke missed the housing crash, too
Despite President Obama’s praise for Bernanke’s “ … bold action and out-of-the-box thinking,” the Fed chairman boasts a long losing streak of making wrong economic forecasts and misreading the economic tea leaves. In a CNBC interview, July 29, 2005, the Harvard-graduated, former Princeton Professor of Economics, Fed chairman was asked: Q. “Tell me, what is...
Post
The one-state solution
What has been clear for decades to a steadily increasing number of people inside and outside of Israel, has now become fact that no rational person can deny: The so-called Two State Solution (TSS) is dead. In fact, it never was alive; it is not possible to implement, no matter what American or international pressure...
Post
If rates rise, watch housing fall
Interest Rate Recovery: Home ownership in the U.S. is back where it was two decades ago. How low can it go? As go interest rates, so goes the U.S. real estate market. If the 30-year fixed mortgage rate hits 5 percent, the real estate market will dive. From Canada to China, as the global economy...
Post
Confronting the truth is facing the enemy
As part of my morning meditation, I thank my ancestors by name for all they blessed me with. I visualize my mother and father, great grandmother (I only have a photo of my mother’s grandmother), grandparents and aunts and uncles on both sides of the family. It is all the love, kindness and wisdom they...
Post
Political craziness
In this question-and-answer feature with Trends Journal Publisher Gerald Celente, we spend some time on the impact the political craziness in Washington has on your life. Who does Celente blame for the paralysis that has overtaken political leaders in D.C. and across the globe? We also explore a number of global economic developments that are...
Post
The bitcoin bubble
The buzz about bitcoin has become a roar over the past year as the digital currency has undergone a wild spike, fall, and subsequent rise in valuation. Its fluctuation from $11 per bitcoin (BTC) at the start of November 2012 to well over $1,000 per BTC in late November 2013 has made it fodder for...
Post
My brush with history
Fifty years have passed since the assassination of John F. Kennedy in Dallas on November 22, 1963. Everyone old enough to remember that day recalls where they were and what they were doing when they heard the news. I’ve developed the habit of searching the news every November 22 to see how the Kennedy assassination...