Craig R. Smith's Articles
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Craig Smith is CEO of Swiss America located in Phoenix, AZ. Craig is the author of Rediscovering Gold in the 21st Century: The Complete Guide to the Next Gold Rush, "the best new book on buying gold coins" and co-author of Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil, "a rebuttal to the notion of oil depletion." Contact Holly Smith to schedule media interviews. |
Global Currency Crisis --  8.10.10 -- Part 1: CBO Fiscal Crisis Alert -- By Craig R. Smith, Chairman, Swiss America If the Fed is telling the truth, gold prices must be lying. The Federal Reserve Board is claiming deflation is the new boogeyman to fear. Yet, if we have such strong deflationary forces at work, the price of gold should have dropped to $800, not run back up near $1200. The sane, thinking world sees inflation ahead... |
| Is the Worst Over? -- Or have our financial woes only just begun?  7.28.10 By Craig R Smith, Chairman, Swiss America -- The average person on the street believes the worst of this financial crisis is behind us and the economy and the country are now on the mend. Let's say all is well and we are miles away from the edge of the abyss... |
New Obamacare Scare! --  7.26.10 -- Hidden clause set to undermine free enterprise and privacy -- By Craig R. Smith, Chairman, Swiss America -- Welcome to the latest example of the never-ending consequences of Obamacare. In the new Health Care Reform Act, (Patient Protection and Affordable Care Act) Americans face yet another major economic-tax-privacy power grab by government... |
| WHY $1,200 GOLD IS A GREAT BUY! -- 6.7.10 -- BY Craig R. Smith & David M. Bradshaw --  Recent media warnings about gold prices always seem to arrive right on cue: immediately following new nominal price highs. These gold bears said to forget gold at $500, $750, $1,000 and now $1,200/oz. They have called gold the new "bubble" at each new level and they have been proven wrong each time...
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| WHERE INVESTORS TURN IN A PANIC --  5.7.10 -- By Craig R. Smith -- This week's market actions show the true vulnerability of the global financial world. Unless you have a strong stomach to riding roller coasters, the slogan, "Sell in May" just may pay. Gold often provides the needed liquidity to cover stock margin calls, but this time was different ...
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Gold: Asset of the Century --  12.23.09 -- BY CRAIG R. SMITH & DAVID BRADSHAW -- Gold's recent 11% price drop is a perfect example of a healthy bull market correction, like we saw in 2006 and 2008. India, China and many others view this as a buying opportunity ... |
What would you do? --  9.22.09 -- Analysis of the last (and next) financial crisis -- By Craig R. Smith -- If you had been able to foresee the sub-prime mortgage crisis and what it would do to the economy, what would you have done differently? With Commercial Mortgage-Backed Securities coming due at the end of 2009... |
Morally-Correct Money for the 21st Century --  9.4.09 -- BY CRAIG R. SMITH & DAVID BRADSHAW -- Our original, morally-correct money system was wisely established by our Founding Fathers over 200 years ago. Millions of Americans are rediscovering that system today as credit, stock and housing market bubbles have popped in the new millennium. Through it all one asset class has shined the brightest this year and every year since 1999... |
Fresh lipstick for the biggest porker in history --  3.19.09 -- By Craig R. Smith and David M. Bradshaw -- The Obama Administration wants Americans to believe their plan for economic recovery will magically work, simply by presenting carefully worded statements by respected authorities over and over again. Welcome to Orwell's 1984, 25 years later... |
Economic Realities of Obama-nomics --  1.28.09 -- Swiss America Chairman Craig R. Smith was invited onto The Savage Nation radio show to discuss Obama's new Treasury Secretary Tim Geithner and the latest Obama-nomic stimulus plan. With U.S. total debt now topping $100 trillion, Mr. Smith is convinced that the government numbers do not add up. "Just do the math!" ... |
The Great Deflation of 2009? --  11.19.08 -- Craig Smith covers one of nine key financial mega-shifts ahead ... U.S. consumer prices plunged by the steepest amount since 1947, the Labor Department reported Wednesday. Prices fell 1% in October, with energy prices plunging 8.6%, yet food prices rose 0.3%. The dollar and stocks fell on the first whiff of consumer deflation, while gold prices steadied. Should we expect more deflation in 2009?... |
Symbolism Triumphs Over Substance... Now What? --  11.05.08 -- By Craig R. Smith, CEO Swiss America -- Obama's victory is not be the first time in our history America trusted a Democrat to deliver the nation from the depths of economic despair. In 1933, FDR was elected to lead us through a very trying time in America, and lead he did – right down the path of the New Deal... |
Free Market vs. Bailouts --  10.16.08 -- By Craig R. Smith -- Disturbing news about retail sales coupled with a very disjointed speech but Fed Chairman Bernanke provided the platform for large losses on Wall Street again today. Recession fears appear to be trumping bailout hopes. The world governments went into battle mode to save the world and put a band aid on a gaping wound. A wound that cannot be healed in this way... |
$750 gold: buy of the year! --  9.11.08 -- Gold: not just another commodity, Gold: finally a bottom! -- By Craig R. Smith, CEO Swiss America -- Gold's bull market is about ready to enter the next stage. Prices have rewound to Oct. 2007 levels, creating an extreme buying opportunity based on... |
Stagflation Alert! --  8.28.08 -- U.S. standard-of-living bubble bursting! Rise above the rising cost of living -- By Craig R. Smith -- A little known economic malaise from the 1970s is now back; “stagflation”: stagnant growth with rising inflation. Stagflation is a weapon of mass destruction. America’s debt trap will soon snap shut on millions, but... |
Inflation Alert! --  6-30-08 -- By Craig R. Smith, CEO Swiss America -- While Congress fiddles the Dow slipped into a bear market this last week. Stock trading revealed some interesting and potentially dangerous weaknesses that must be considered by anyone with their money in dollars, equities or bonds. Warnings are widespread and shell-shocked investors need clear direction... |
A Patriotic Oil Solution --  Memorial Day 2008 -- By Craig R. Smith -- The blame game is in full swing on Capitol Hill now that oil and gas prices are touching record highs and consumers are feeling the pinch. As usual big oil is the easiest target...But I have a better idea. Instead of whining, complaining and blaming, starting today let’s actually do something to bring prices down by July 4th... |
Smart money shuns terror-linked investment --  5-13-08 -- By Craig R. Smith, Swiss America CEO -- The handwriting is on the wall. If your money is invested in stocks or mutual funds linked with doing business in terror-sponsoring states, expect the worst. Smart money sees huge public support for cutting off terrorist funding... |
What happened to $1,000 gold? --  5-1-08 -- Buy-the-dip opportunity’ in progress -- By Craig R. Smith, CEO Swiss America -- The recent pullback in the price of gold has sparked a slew of inquires as to just what precipitated the drop and if this is the end of the bull market. There have been five prior “major corrections” to the current long-term secular bull market... |
Commodity sell-off: bullish or bearish? --  3-24-08 -- Commodity prices fell 9% last week as the same speculative investment funds which drove oil and gold prices to record highs on Monday decided to take profits, sending prices sliding. The gold bulls view this correction as a chance for investors, who feel they have missed the boat, to jump on board... |
Worried about the return OF your money? --  3-10-08 -- Make smart financial choices before more unhappiness hits the fan! -- By Craig R. Smith -- Will Rogers, a beloved humorist and humanitarian, once said he was more worried about the return OF his money than the return ON his money. Savvy investors will heed his timeless financial advice... |
GOLD'S NEXT STAGE --  2-14-08 -- Swiss America's 26th Anniversary Real Money Perspectives -- Release Date: 2/21/08 -- The world will witness a gold price explosion this year, propelling the shiny yellow metal into the next and most exciting "public era" of this long-term bull market. The financial markets are betting that the Fed will... |
Gov't stimulus: good or bad idea? --  1-17-08 -- Author/Swiss America CEO on FOX "Your World with Neil Cavuto" today discussing Fed Chairman Ben Bernanke's comments to Congress urging a "timely, targeted and temporary" government stimulus package... and the resulting sell-off on Wall Street... Watch it! |
2008: The upside of downward mobility --  12-19-07 -- By Craig R. Smith, CEO, Swiss America -- Recent polls show the economy is fast becoming the number one issue for American voters in the upcoming presidential election, and rightly so. But true economic wealth and prosperity are not measured in dollars, but in our contentment, in our relationships and in our legacy. The key to finding true happiness in 2008... |
The Case for $2,000 Gold --  11-27-07 -- Why the Quiet Bull Market of the 21st Century is About to Roar! -- By Craig R. Smith & David M. Bradshaw -- Now that gold prices have risen above $800/oz., a new public phase of the gold rush is set to begin. Strong physical demand, a falling dollar, central bank buying, geopolitical risks and concerns about inflation are only a few of the major forces driving this gold bull... |
Dow 14K: Miracle... or Mirage? --  7-20-07 -- Analysts outline major financial risks and rewards ahead -- The Dow hit a new nominal high of 14,000 in July, 17% above its March 2000 peak of 11,722. But after adjusting for inflation and a falling dollar, the Dow still needs to rise another 4% to 14,200 to reach the same level it was SEVEN years ago! New Special Report, Part I. |
Gold +2.7% in July --  Gold prices rose 2.7% in July on a weaker dollar and $78 oil prices. Gold closed in NY up $3.00 to $667.20/oz., silver rose $.13 to $12.95/oz... Why "gold will fly" ... confidence and savings up... spending and inflation down... Stocks plunge... Dow 14k? ... Dollar doomed?... Oil $78... $100 soon?... 24k housing hedge... Best Gold ... FULL STORY... (( Daily podcast )) ... Weekly email |
Why gold is a buy! --  Gold crested $650/oz. Friday on a weaker dollar and $70+ oil prices then fell at the close. Gold closed in NY off $.40 to $647.50/oz. Silver fell $.06 to $12.30/oz... Confidence falling... Fed ruled by fear... Banks to call loans... Wall St. rally fizzles... Housing bottom?... BEST GOLD ... Gold drivers... Full story... (( Daily podcast )) |
Gold -3% in May! --  Gold rose over 1% Thursday on a weaker dollar and higher oil prices. Gold closed in NY up $7.20 to $660.60/oz., silver rose $.22 to $13.37/oz... U.S. economy stalling?... "faith-based greenback"... "U.S. hidden debt = $516,347 per household"... BEST GOLD VALUE TODAY... 7 gold drivers... Full story ... ((( Daily podcast ))) |
Gold +2.5% in April --  Gold inched higher Monday on dollar weakness and firming oil prices. Sluggish growth, stubborn inflation, a derivatives timebomb... market bubble ready to burst?... Gold closed in NY up $1.10 to $680.00, for a 2.5% April gain, while silver fell a penny to $13.42. Dow priced for perfection!... Gold drivers... Full story... ((( Listen ))) |
