Getting Started
This site has two purposes. The first is to publicize "The Coming Collapse of the Dollar," which
I co-wrote with GoldMoney's James Turk in 2004. The second is to explain why the dollar will collapse and offer some strategies for profiting from it. This is a complex story, with a lot of moving parts and a constant flow of new information. Luckily, it’s all out there in accessible form. So here's a lesson plan, consisting of some crucial pieces of background information followed by links to the most useful sites, newsletters, and books.
Do all this, and nothing that happens in the next few years will surprise you.
Must-visit websites:
Grandfather Economic Report This is probably the single scariest site on the Web. Created and
maintained by Michael Hodges, a retired businessman who’s justifiably
worried about the world he’ll leave to his grandkids, this site takes
visitors step-by-step through the horror show that is the modern
American economy. Hodges shows how government has been growing and
consumer debt accumulating, as well as how we’ve been failing on other
fronts like education. A couple of hours here is the perfect primer.
FinancialSense San Diego money manager Jim Puplava has built an online empire around
his concept of the “perfect financial storm.” His take is that
unfavorable trends in demographics, globalization and debt accumulation
will combine to cause a hyperinflation followed by a deflationary crash.
His Storm Watch chronicles would be reason enough to visit, but Puplava
has managed to attract a constellation of contributors who
provide a non-stop stream of insight.
PrudentBear The site of short seller David Tice and Associates, Prudent Bear bills
itself as the “one stop shop for the bear case.” Make the site’s columnists, especially Doug Noland, Marshall Auerback, and Rob Peebles, regular reads.
The Gold Anti-Trust Action Committee (GATA) GATA was formed to expose the manipulation of the gold market by the
world’s central banks. It has succeeded admirably. It’s also a clearing
house for information on gold and the coming financial crisis. Send a
message to
gata-subscribe@yahoogroups.com asking to be added to GATA's mailing
list.
