The Online Investing AI Blog

Since this new investment system does not yet have much diversity, I was looking for different investments. One of the most interesting that I found was the Euro Pacific International Value Fund. A mutual fund? Yes, I am a bit surprised myself.

After writing many posts about how bad mutual funds are, why am I considering this one? Because it makes sense. It follow’s Peter Schiff’s investment approach. I read a few of his books and I agree with his investment philosophy. You can read about it here.

Why is this mutual fund a good idea?

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Here is the second installment about my new investment system. So far, I explained some trades in silver and gold. This post is about trades in the currency markets.

Unlike many currency trading system, this system is not an intraday system. I expect the trades to last for several months, at least. They are based on global economic policy, and the massive printing of U.S. dollars. These trades are based on the belief that the Indian and Chinese economies will perform better than the U.S. economy in the near future. Read more…

Investing, Money, Success, US Economy currencies, dollar, forex, Money, risk, rupee, stop loss, Success, US, Yuan

With a few months left, the United States has racked up more than a trillion dollars in debt. That means the Federal Reserve money-printing machines are in full gear.

And it opens up a whole litany of potential economic problems. One of the worst is the devaluation of the dollar.

The dollar–the very basis of our economy–is in jeopardy. Beyond that, our faith in fiat currency is in trouble.

George is all over it. He’s written about it here and here.

It’s good to talk about, but I’m a solutions guy. How can we actually make this situation better?

I think I have a solution. In a word:
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Investing, Money, Online Investing AI, US Economy currency, dollar, dollar bill, Money, value

Thanks to Robert, I found a great new resource about America’s precarious financial situation and the future financial chaos. It is a movie called I.O.U.S.A. What better way to learn about economics than through a video?

Curiously, embedding the movie is disabled, so here is the preview instead:

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The dollar has lost 35% of its value in the last 8 years, making Americans 35% poorer. And, for a wide variety of reasons, it looks like the dollar is going to get weaker. However, just because most other Americans are getting poorer doesn’t mean that all Americans have to become poorer. In fact. financial meltdowns are one of the best opportunities to make a ton of money in a short period of time.

One of the most useful resources that I have found that teaches how to profit from the falling dollar is The Collapse of the Dollar and How to Profit from It. I like it because it is both easy to understand and has clear, actionable strategies that we can use.

Here are some strategies that the book explains:

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As the gold market continues to move higher, more and more people are interested in investing in gold and silver. Also, the crisis in Greece has made people more aware that entire countries can default on their debt. Including the U.S.

One thing that was quite interesting is that I saw two price targets for gold: $5,000 and $7,000. As I have mentioned before, according to several measures, an equilibrium price for gold may be $6,000 per ounce.

The Gold Stock Bull has these interesting videos by The Young Turks about the chaos in world markets. It seems that some smart money betting on the collapse of the U.S. economy.

Business Insider points out that China is now buying tons of gold. China’s massive economic power could have significant effects on the gold market.

Here’s Daily Markets’ technical analysis of the gold market. According to Toby, it won’t fall below $850 per ounce.

As more people become interested in gold, demand for gold EFT’s has increased as well. Tim Iacono at The Mess That Greenspan Made talks about how All Gold funds are not the same.

Speaking of $5,000 per ounce Finance Moz put together this video about why gold will hit this target in the fairly near future.

That’s a roundup of some interesting posts about gold over the last few days. I’d love to hear your opinion about the future of the precious metals.

Internet, Investing, Money, US Economy commodities, debt, dollar, fiat currency, gold, Investing, Money, silver

I found this interesting video of Alf Field, discussing the future of the price of gold. This is a fascinating video because many of Alf’s predictions have come true. This video was recorded in 2005, and in the years many of the ideas that he discusses have turned out to be quite accurate.

He suggests that the U.S. government would throw large amounts of money at a series of problems that have been brewing for more than 50 years. He didn’t imagine that a new administration would come in and take deficit spending to a whole new level. But those new developments support his argument.

He says that the U.S. government is going to have to deal with the following major problems. And, that by attempting to fix them by spending, they would destroy the dollar.

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Internet, Investing, Money, Success, US Economy alf field, cpi, debt, deficit, dollar, elliot wave, gold, government, Money, video spending

I recently read Robert Kiyosaki’s latest book, Conspiracy of the Rich. I highly recommend it to everyone because it explains so much of what is happening around us. It also helps us question so many of the things that we tended to  just accept.

One of the things he points out is that the government is diluting our money through inflation. And I think it’s true. After doing some research, I discovered that the CPI is not only inaccurate, but is designed to understate inflation. The government pays money to people and other governments based on the CPI. It pays money to people through programs such as social security. It pays other governments to repay the money that it has borrowed.

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Recently, as the stock market soars, there has been a large amount of news about how well the economy is doing. They say that the housing market has hit bottom, and that the economy is recovering. However, this article by the Associated Press is about how unemployment is rising.

Regardless of what the newspapers say, it is important to look at the fundamentals that drive the economy. The government has created massive band-aids to prevent a depression, and they seem to have worked. But it is important to understand the difference between a recovery and a temporary band-aid.

What effect will the band-aid have?

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The United States has had a free ride for the last 100 years. Every country in the world held the dollar as its reserve currency. That means that there was more demand for the dollar than for any other currency. The massive natural resources, growing economy, military dominance and overall desirability of America made it possible to establish the dollar as the common measure of value throughout the world. In addition, until Richard Nixon took us off the gold standard, the dollar was redeemable for gold.

The net result of all this is that America has been able to print as much money as it wanted. Deficit? No problem. We’ll just print more money. All the countries around the world will hold the dollar, and there is no limit to the amount of debt they will buy. No money to pay back the debt? No problem. Just print more money.

What’s happening now?

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