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Mac Slavo



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+Vote!

Expect a Spring of Retail Bankruptcies if Holiday Sales Don't Materialize

Mac Slavo submits: SHTFplan contributors opined about the 2009 holiday retail season in The Recession in Pictures , with many coming to a similar conclusion to Alan Cohen, Chairman of Abacus Advisors. From Zero Hedge, An Unbiased View of The Holiday Shopping Season : Complete Story »

3Vote!

Faber: Gold A Better Buy Than At $300/oz.

Dr. Marc Faber has been in the news a lot lately, asked repeatedly about the price of gold, and, while there was some confusion about his outlook last week as noted here (Mac Slavo at SHTFPlan going so far as to contact the good doctor to clarify his views and documenting the results here), the preponderance of recent reports point to a very bullish Faber. [More...]

+Vote!

Faber: Gold a better buy than at $300/oz.

Dr. Marc Faber has been in the news a lot lately, asked repeatedly about the price of gold, and, while there was some confusion about his outlook last week as noted here (Mac Slavo at SHTFPlan going so far as to contact the good doctor to clarify his views and documenting the results here ), the preponderance of recent reports point to a very bullish Faber. There is a growing collection of related...

3Vote!

And Bernanke Didn't Think Unemployment Would Reach 10%

Mac Slavo submits: Friday’s unemployment report from the Bureau of Labor and Statistics is anything but a green shoot. The official U-3 unemployment number is 10.2%. The broader and more comprehensive official unemployment number, the U-6, is at 17.5%. The U-6 counts all the people that want a job but gave up, all the people with part-time jobs that want a full-time job, and all the people...

4Vote!

Marc Faber: ‘Gold a Bargain Compared to S&P500′

Mac Slavo submits: Well known economic analyst Marc Faber still likes gold, especially when compared to equity prices. In his October 2009 Gloom Boom & Doom report , Faber discusses his long-term outlook for the shiny yellow metal: Some pundits will argue that precious metals are expensive, but this isn’t my view. Why would anyone not own some gold, rather than US dollars, when interest...

3Vote!

October Best-Read

... by Brie Cadman ; 7. CAUTION: Stock Market Collapse Dead Ahead say Faber, Rogers, Dent, Celente, by Mac Slavo; 8. Entering the Greatest Depression in History, by Andrew Gavin Marshall ; 9. Jim Rogers : Food Catastrophe Looming; 10. Food Will Never Be So Cheap Again, by Ambrose Evans-Pritchard .

3Vote!

Economies and Markets: China, Keep Rates Low, Go Long, George Soros Institute, Contrarians on Dollar

... Times.co.uk ———— Contrarians Denninger, Dent, Faber and Hoye Looking for Dollar Rebound – Author: Mac Slavo – SHTFPLAN.com

+Vote!

Detroit Homes for Sale: $500 a Pop and No Buyers!

Author: Mac Slavo- October 25th, 2009 Even at prices that are a fraction of a penny on the dollar, the City of Detroit still can’t unload these properties. Detroit, it seems, has truly become an urban wasteland. Read the rest of this story... More: Amazing Before & After Pictures Of Detroit