Top Financial Experts Say World War 3 Is Coming … Unless We Stop It

http://www.zerohedge.com/news/2014-08-01/top-financial-experts-say-world-war-3-coming-%E2%80%A6-unless-we-stop-it

One Of The Biggest Problems Facing The World Today

Peak oil and peak gold are here to stay.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/29_One_Of_The_Biggest_Problems_Facing_The_World_Today.html

Rick Rule - Spectacular Home Runs In Gold, Silver & Oil

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/9/4_Rick_Rule_-_Spectacular_Home_Runs_In_Gold%2C_Silver_%26_Oil.html

From Natural Resources to Currency Wars w/Rick Rule & Jim Rickards

http://youtu.be/OGyKtaeJbGE

Africa's share of mine deals triples

As I predicted, economic activity in Africa is picking up, as emerging markets' thirst for natural resources is unquenchable.

http://www.iol.co.za/business/international/africa-s-share-of-mine-deals-triples-1.1023853

China is dumping US Treasuries and equities

The fear that foreign holders of US Treasury bonds are diversifying away from US Dollar-denominated assets is materializing. China, the largest holder of US Treasuries, is doing exactly that, while investing in natural resource companies and assets.

In order to prevent bond auctions from failing, mysterious buyers from England are stepping up to the plate to fill in the gap. Which is surprising since the UK may possibly be in worse fiscal shape than the US.

http://www.zerohedge.com/article/tic-data-confirms-china-bond-sell-continues-foreigners-dump-corporate-bonds-and-stocks

The law of big numbers

As an engineering student, I understood the concepts of linear growth vs. exponential growth. But even I underestimated the practical applications of calculating exponential growth when it comes to energy consumption. Here's a primer on exponential growth and the future impact it will have in our consumption habits in a world of finite natural resources.



Lesson learned? Demand for energy, base metals, commodities, and precious metals will continue to outstrip supply, as world population and the standard of living in emerging countries grow. I'll let readers come up with their own conclusions.

Jim Rogers

Legendary billionaire investor and hedge fund manager Jim Rogers gives his summary on asset classes in a CNBC interview. It is instructive to watch the whole video to the end.



Rogers is especially critical of Fed Chairman Bernanke, US Treasury Secretary Geithner, and President Obama for printing too many USDollars, and castigates central banks worldwide for turning on the printing presses.

The only disagreement I have is on owning certain foreign currencies. He suggested the Swiss Franc, Japanese Yen, and Canadian Dollar. The Swiss Franc has traditionally been a stable currency due to their conservative monetary policies, but even Swiss banks have veered away from financial discipline, making bad real estate loans to the Baltic States and eastern Europe. Japan is in worse fiscal shape than the US, as their national debt has grown to monstrous levels relative to gross domestic product. On the other hand, the Canadian Dollar is a safe bet, as they are a resource-rich country which will benefit from the appreciation of hard assets (precious metals, rare earth metals, energy). The Brazilian real, Australian Dollar, and Norwegian Krona are other foreign currencies which should do well going forward, since they are creditor nations with sound fiscal policies and exporters of natural resources.

Disclosure: no position in foreign currencies, long gold and silver mining shares, long natural gas pipeline master limited partnerships.