As gold prepares to assault the $1500 level and silver passes $40 in the dust, most people who follow the game are asking themselves, what next? Is it too late to get in? How do we know what to do?

Lots of indicators get thrown around. Middle east instability, Europe debt, Japan tsunamis, oil prices, food prices, interest rates, etc.

Kevin talks about why he just added to his position in Wal-Mart Stores, Inc (WMT) even while being very skeptical of the overall market.

Most believe that the US must choose a path of austerity or inflation. This WSJ author describes how we’re likely to see a combination of both as the fiscal woes of the country accelerate.

Gold and silver skyrocketed today with the price of silver nearing the $40/oz level. This isn’t surprising if you’ve been following the Fed policies in the recent future. Depending on what happens next with QE, we may have a ways to go. I don’t know about you, but my faith in the politicians to not pursue the “easy” policies of inflation is essentially nonexistent.

What most people don’t understand is that the military engagements that America continues to involve itself in are directly connected to the fiscal situation of America. The following video includes great insight into this.

I’ve talked before about the growing trends of strategic defaults in America.  By strategic default, I mean the person who stops paying his or her mortgage simply because they don’t want to or they see it as a bad financial strategy.
How could it be a bad financial strategy you ask?  Well, when you can live in a house for a couple years without paying your mortgage without the bank evicting you, maybe it’s a good strategy?  Sure your credit will get hit (who cares), and they might come after you …

Bernanke gave a speech yesterday and he blamed current inflation on rising commodity prices globally.  He didn’t of course address why commodity prices are rising globally.  The reason is that we export inflation by exporting weaker and weaker dollars.  Dollars are weaker because of Bernanke’s policies.  Look, you need to view Bernanke as more of a PR spokesmen who is trying to maintain confidence in the economy and the markets.  He’s more of a politician than you think.  Therefore, you need to put his comments in that context.
Moreover, do you …

With the economy progressing upward at a slow rate and many people experiencing the crunch of higher food and oil prices and stagnant wage increases, many consumers are trying to save money in any way possible.