Excessive leverage and risk in the financial system never ends well.

Excessive leverage and risk in the financial system never ends well.

There is no means of avoiding the final collapse of a boom brought about by credit expansion...

There is no means of avoiding the final collapse of a boom brought about by credit expansion...

The same incentives that led to the 2008 crisis are still in place today and in many ways the situation is worse.

The same incentives that led to the 2008 crisis are still in place today and in many ways the situation is worse.

Gold, silver and crude oil prices are closely related to the movement of the U.S. dollar.

Gold, silver and crude oil prices are closely related to the movement of the U.S. dollar.

The Federal Reserve's programs - quantitative easing 1 and 2 and Operation Twist - are just fancy words for printing up more money. It's a bunch of smoke and mirrors.

The Federal Reserve's programs - quantitative easing 1 and 2 and Operation Twist - are just fancy words for printing up more money. It's a bunch of smoke and mirrors.

The only things I'm comfortable holding are precious metals and, because they are so cheap now, precious metals mining shares.

The only things I'm comfortable holding are precious metals and, because they are so cheap now, precious metals mining shares.

Gold and silver mining stocks have sold off by roughly 30% from their 52-week highs.

Gold and silver mining stocks have sold off by roughly 30% from their 52-week highs.

The U.S. dollar is in the process of gradually losing its world reserve currency status.

The U.S. dollar is in the process of gradually losing its world reserve currency status.

The next crisis we're going to see will be from 2015 on. It doesn't take more than a three year old with a pocket calculator to see the long term trends.

The next crisis we're going to see will be from 2015 on. It doesn't take more than a three year old with a pocket calculator to see the long term trends.

The U.S. economy is locked in a downward spiral of economic decline.

Claims that the gold bull market has ended are incorrect.

Unemployment, lack of economic opportunity, falling real wages and household incomes, growing poverty and increasing concentration of wealth are major trends in the U.S. today

There is no safe harbor for the middle class today. The middle class is being financially decimated.

The United States is increasingly similar to a 3rd world country in several ways and is accelerating towards 3rd world status.

The United States is quickly becoming a post industrial neo-3rd-world country.

The United States is increasingly similar to a 3rd world county in several ways and is accelerating towards 3rd world status.