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The Year Ahead

All the pundits have their New Year “predictions”, and you are excused if you find such prognostications confusing and contradictory. Yes, we live in the middle of the “information revolution”. Trouble is, so much of that information is useless or even false – and it requires constant diligence and hard mental effort to sort out the wheat from the chaff.

Fundamentally I’m aligned with the idea that the “worst is yet to come” economically, as the essential problems have not gone away, but got worse. All the talk about “reform” in the USA, following the various defaults and collapses have not yet yielded one serious reform. Only “talk” of such.

So I tend to look elsewhere for intelligent commentary – commentary based on an understanding of what is really happening.

One such commentator – from the “gold’ community – is Jim Willie, publisher of the Hat Trick Letter. His latest thoughts on what is possible in 2010 are contained in his recent essay: 2010: Giant Gathering Storm Clouds

You may not agree with everything (or anything) he says, but he has been right in his analysis of the gold market to date. And I would take his insights over those of the BBCs, FOXs and CNNs of this world anytime.

At the very least his essay, and the possible scenarios it discloses, will make you think. And maybe act.

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