kidmercury

Well, all of them, of course. So let's analyze who they are, what their saying, and their differences.

Who They Are

Peter Schiff -- One of my favorites because he's great at selling the Truth and is able to get on TV so that folks can at least have some hope of saving themselves financially. See our song for Peter Schiff. See Schiff's web site. Schiff surely knows much of the Truth about the Federal Reserve given that his father is in jail for fighting the unconstitutional income tax. See his father's web site.

Bob Chapman -- The most knowledgeable person about financial markets that I've come across, and conspiracists will find him to be particularly insightful as he is able to tie in conspiratorial history to the activity in the financial markets. Too smart for his own good, making his column very difficult to read, impossible to understand for those who are not fairly well versed in both conspiracy and financial markets. Fortunately he is on Alex's show every Friday, and Alex does an excellent job of getting him to talk in simpler terms so that everyone can understand WTF he is saying.

Eric Janzsen -- Janszen is an individual who has not gotten the attention he deserves from KidMercuryBlog.com, something we will be correcting effective today, as his YouTube channel has just been added to the Kid Mercury Video News Channel. Janszen is a former venture capitalist turned economist and creator of the Ka-Poom Theory, which has been dead on since the late '90s, correctly calling the dot com bubble, the housing bubble, the surge in gold, and the current collapse. Very smart guy.

What They Agree On

1. Understand Federal Reserve is primarily responsible for this mess
2. View inflation/dollar devaluation as a major concern; in particular Schiff and Chapman talk as though it is inevitable
3. Consistent with point #2, they are still extremely bullish on gold and view Treasuries as not a particularly safe store of value

What They Disagree On

1. Bob Chapman seems to be by far the most bearish, viewing only gold, silver, and Swiss Franc government bonds as safe investments. Basically he thinks the whole world is f'd. Chapman's analysis is colored heavily by his conspiratorial viewpoints. In light of this it is crucial to note he did work for the US government in intelligence gathering back in the day, decades ago.
2. Schiff takes a more classic Austrian economics viewpoint, and believes once the world runs from the dollar they will be liberated of the cost of financing our existence, which is what they do when they export to us and buy Treasury bonds. As such Schiff will be more open to international bonds and stocks and invests accordingly.
3. Consistent with Ka-Poom Theory, Janszen expects the next US bubble to be in new infrastructure and alternative energy.

Kid Mercury, What Do You Think?

First I should note that I am less knowledgeable and less experienced than all three of these guys, so for me to offer an opinion is like asking the stupid person to evaluate the smart person. With that said this is the blogosphere, land where uninformed opinions trump all else, so who am I to not offer my opinion?

As you might expect I think there is truth to all of their theses. Personally I am most comfortable with Schiff's viewpoint. Chapman I think gives too much credit to the New World Order, while they will certainly try everything he is saying and while they will make many advancements in their agenda I don't think they will get away with it to the extent that Chapman does (I should note though that like all Truthers Chapman knows that the Truth always wins in time....he simply expecting a slimmer margin of victory than I am ). The "boom in Asia" thesis is also consistent with the Mayan calendar prognosis, which expects a transfer of wealth from West to East and a corresponding re-balancing of the economy.

In terms of the US, I think Janzsen's view of a coming boom in alternative energy/infrastructure makes a lot of sense. Certainly government policy is working to create that, just as it worked to create the housing bubble. Astrologically the infrastructure boom thesis is confirmed by Pluto in Capricorn, though from an astrological perspective Pluto corresponds to death and rebirth, so I think there is more dying of existing infrastructure that is needed before the rebirth and corresponding boom can begin.

Where I'm Putting My Money

We've discussed my investment thesis through 2012 previously, which I am still sticking to. As a technical trader I am comfortable investing in the Asian boom via the currency market when the charts line up favorably (for instance I just got in on the Japanese yen this morning for a short-term trade). If I were a stock market trader I'd look to trade the infrastructure/"green" energy boom in the US accordingly. GEX is an ETF I like in this regard as it is internationally diversified and has done well on Obama-related news. While I think destruction will be the theme in the US for a while, I do expect re-building of infrastructure to lead the way out of this mess when it is time.