news.goldseek.com >> 9 November 2009

Twilight Zone Economy
By: Richard Benson, SFGroup
It’s unfortunate that Rod Serling has passed on because if he were alive today, he would be filled with plenty of ideas for a killer episode of his program, showing how propaganda and the Fed’s printing press can be used to wipe out jobs, eliminate prosperity, and rob savers. The cast of characters would be played by real unemployed people playing truly heart-wrenching roles. The economy desperately needs new scriptwriters.

news.goldseek.com >> 16 September 2009

The Housing Tsunami's Second Wave
By: Richard Benson, SFGroup
Spokesmen for the Obama Administration and the Wall Street establishment refer to the slight up tic in lower-priced housing prices and existing home sales as a positive sign that we’re close to a bottom. Why is it, then, that housing prices in the mid to high-end range are still crashing?

news.goldseek.com >> 9 July 2009

Hard Times
By: Richard Benson, SFGroup
Our measure of how bad is it in this economy for a broad swath of Americans can be analyzed by asking three basic questions: Are people working, are they making any money, and do they have any money in reserves? To answer these questions and more, below are some shocking facts!

news.goldseek.com >> 19 March 2009

Economy: In the Eye of a Hurricane
By: Richard Benson, SFGroup
The $20 trillion of wealth in America that has gone up in smoke from falling stock prices, real estate, and other asset values, is being engulfed by rapid job loss. These combined losses have dealt a catastrophic blow to the consumer whose willingness and ability to spend has, in turn, caused the American and world economy to come to a screeching halt.

news.goldseek.com >> 5 February 2009

Keynes, Upside Down
By: Richard Benson, SFGroup
Calling the situation a liquidity trap is a misnomer. America, and now the rest of the world, is in an insolvency (not liquidity) trap. Banks don't want to lend to bankrupt consumers and businesses any longer became for years there was too much liquidity, and they’ve already borrowed more than they can ever pay back.

news.goldseek.com >> 18 December 2008

Uncle Sam May Grab Your Gold If You're Not Careful
By: Richard Benson, SFGroup
My nature is not to be an alarmist and I honestly don’t know for sure when and if the US will grab the ETF gold. However, over the next two years the federal deficit, funded by selling new Treasury securities, is certain to be over 10 percent of GDP. Holders of the dollar will want out and all that gold sitting in vaults makes it too easy for our federal government to come in and rob you of it in order to save the dollar and pay for socialism.