Gold

By Clif Droke

When Bert Dohmen talks, smart investors listen.

In 2007 when most investment analysts and economists were downplaying the developing credit market troubles, Bert warned investors that the probability was very high that the troubles would escalate into full-blown crisis and would produce a crash of historic proportions. He chronicled the developing credit crisis in the pages of his newsletter and also published a book in early 2008, Prelude to Meltdown, which provided his insightful views on the emerging crisis in depth. The book will surely go down as a landmark written by a financial visionary who was several steps ahead of his peers.

[[wysiwyg_imageupload:7:]]As the Fed continues to print money to get us out of this mess, gold will continue to explode to the upside.  Gold has become the only investment that investors can bank on.  It holds no liabilities, it has no earnings, it just sits there.  As The Wall Street Journal reported recently, gold has become the ultimate currency.

Now the analysts are starting to pile on.

In typical Keynesian fashion, the Gaurdian is reporting that Bernanke is facing pressure to "prop up" the U.S economy.

At the end of a week of gloomy reports, Bernanke faces mounting expectations from markets that the Fed will step in to prop up the US's faltering economic recovery. News of stalling business activity and dismal home sales have fanned talk of a double-dip recession at a time when all the easy options have run out. At the same time, divisions appear to be emerging among his committee of policymakers

Exactly how is the Fed supposed to prop up the US's faltering economic recover?

In today's New York Times, the economic lead article chips in on how the Fed is going to take bolder steps:

By Doug Hornig of Casey Research
In today’s shaky economy and jittery investment markets, investors may well find that their best moves are not discovering the next big thing or a fantastic value, but simply avoiding serious, and costly, mistakes.Here are ten of the most common mistakes we see investors making everyday, and how to avoid making them yourself.