muses of the moment

June 22, 2013

Chris Martenson

Click here for Chris Martenson’s latest warning on the next economic crash.

Muses of the Moments readers should already be positioned for this next leg down in the economic downturn. Martin Armstrong is calling for more volatility starting in August of this year and then a major turning point in October of 2015. The next 18 months-2 years will be very interesting.

We are in a long term cycle of global debt contraction. During this long contraction, all assets, whether tied to debt or not will be on sale during volatile market moves. Investors are forced to sell to cover debt (at least those not being bailed out by your money.

In these times, it is best not to have debt and to have liquidity to buy up tangible assets that are on sale at greatly reduces prices. AS we move along in this cycle, the greater the volatility, the deeper the discount. It’s a fire sale. It is part of the great wealth transfer during this debt collapse.

June 21, 2013

Latest Blog Posts from Martin Armstrong dated June 20, 2013 about gold and DOW

Whenever the markets “crash”, defined as financial talking heads claiming the sky is falling at a 3% or less correction, groovygirl gets slammed with concerned citizens looking for answers.

It seems that Martin has also been slammed with questions.

He addresses gold here.

He addresses the DOW here.

Groovygirl says: Relax! If you are holding physical gold/silver, continue to hold. If you don’t have any physical gold/silver to hold long-term (10-20% of your total wealth), these prices look pretty good (especially silver). Do not trade gold/silver unless you are a professional and can afford to lose what you trade. This is what groovygirl is doing, you are responsible for your own investment actions.

Latest Blog Post by Martin Armstrong dated June 20, 2013

Filed under: Odds 'n ends — Tags: — totallygroovygirlfriday @ 12:30 pm

Interesting info about Martin’s computer. Click here.

Credit is Doomed

Charles Hugh Smith says what gg just said in the last post. Any economic market segment that requires credit to expand or sustain itself doomed.

Click here.

June 20, 2013

Longwave Group

Totallygroovygirlfriday has linked to the Longwave Group website in the past. They have more and more free information and analysis on their site that might be interesting to some of you. For perspective, Longwave Group is in the deflationary depression camp and analyze long-term economic cycles.

Click here for the latest Insights from Longwave Group’s Ian A. Gordon. The chart on page 8 is very interesting. And the chart on page 6 is scary….

Here is a link to their full website, the right-hand column has links to other publications and posts.

groovygirl says: as you know, gg is still on the fence about a hyperinflationary depression or a deflationary depression. But one thing is for sure: this is a global debt collapse. A long-term cycle contraction. And that is thing that gg is concentrating on.

Many things will play out the same in either scenario. For instance, any market system dependent on debt for growth or sustainability will contract, fall, or fail (ie: real estate).

It is possible that both scenarios can happen or one can happen in one part of the globe and another in another (much like the last Great Depression). It is beneficial to study both types of breakdowns and their consequences.

Slammed!

Filed under: Precious metals — totallygroovygirlfriday @ 7:24 am

Wow, metals and everything else got slammed overnight. Groovygirl really likes that silver price for a buy to hold long term.

The Truth about Retirement Investing

Filed under: 401K and IRAs, DOW and S&P500, Odds 'n ends, The Financial Crisis, Unemployment, US Government Debt — totallygroovygirlfriday @ 2:58 am

Click here for Frontline’s April 2013 episode about Retirement. LOTS of excellent points brought up in this documentary.

Should have gone much farther though, stocks, funds, and bonds are not the only investment class for retirement and savings.

Extremely refreshing that they actually bring up that fees can steal two-thirds of your money over time. However, probably should have brought that up 30 years ago…..

June 19, 2013

Latest Blog Post from Martin Armstrong dated June 18, 2013

Filed under: Dollar Crisis, Economic Confidence Model Cycle, Economic Crisis, Martin Armstrong, Taxes — Tags: — totallygroovygirlfriday @ 12:54 pm

Click here for Martin Armstrong’s latest blog post dated June 18, 2013 entitled G8 Going to Hunt Down All Capital.

John Williams with shadowstats.com

Filed under: Inflation, John Williams shadowstats — Tags: — totallygroovygirlfriday @ 10:59 am

Latest summary from John Williams with the real stats!

– Fed’s Expanded QE3 Has Monetized 78.4% of the Concurrent Increase in Treasury Debt
– Relationship of Post-2008 Monetary Base Activity to Broad Money Supply
– May Year-to-Year Inflation: 1.4% (CPI-U), 1.2% (CPI-W), 9.0% (ShadowStats)
– Real Retail Sales Still Signal Broad Economic Downturn
– Second-Quarter Housing Starts on Track for Quarterly Plunge

June 18, 2013

Harvey’s thoughts on the COMEX

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 7:05 pm

Excellent read, click here.

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