Profile

Cover photo
Ken Schortgen Jr
Attends None
Lives in Goodyear, AZ
110 followers|980,255 views
AboutPostsPhotosVideos

Stream

Ken Schortgen Jr

Shared publicly  - 
 
In an interesting observation made on Aug. 27 by analysts at Bank of America, Chinese dumping of dollar reserves (Treasuries) may create such an impact on the United States, that the Fed would have to throw away any thought of raising interest rates and instead look very hard at implementing a new round of quantitative easing just to soak up the estimated $1.1 trillion that will be dumped onto the markets.  In fact, estimates of how much China ma...
1
Add a comment...

Ken Schortgen Jr

Shared publicly  - 
 
Over the past two weeks we have seen the U.S. 10 year treasury roller coaster from a level of 2.2% on Aug. 17, to a low of 1.95 a week later.  Yet since that time the 10 year has moved back above the ‘Mendoza line’ to its current position of 2.12%.  And of course, the common response in the mainstream media to this drop in yield and spike in buying was due to a ‘flight to safety’ as traders exited the equity markets and moved into bonds. But when...
1
Add a comment...

Ken Schortgen Jr

Shared publicly  - 
 
In a new report by the Government Accountability Office (GAO), over half of all Americans have no retirement savings at all, and many more are too underfunded to be able to quit working once their golden years start to come upon them. And with Social Security become more insolvent every day, ...
1
Add a comment...
Have him in circles
110 people
Glovit Lee's profile photo
Wasim Akram's profile photo
Emily Duddy's profile photo
Brian Hingst's profile photo
Beverly Mucha's profile photo
Jerry Watkins's profile photo
Tere Scott's profile photo
SuNNy Kr's profile photo
mastro tanger's profile photo

Ken Schortgen Jr

Shared publicly  - 
 
On Aug. 26, the man considered by many to be the world's leading gold and silver analyst going back to the 1970's was a guest on the USA Watchdog program. During his 30 minute interview, Jim Sinclair stated that the Monday stock market crash was the beginning of a new global paradigm shift in ...
1
Add a comment...

Ken Schortgen Jr

Shared publicly  - 
 
When the prepping mantra finally hits the mainstream, you know that it is either too late, or right about the time the stuff is going to hit the fan.  And with global stock markets signalling that the world is already in recession, and on its way towards the next economic collapse, a former adviser Britain’s once Prime Minister Gordon Brown is calling in the cavalry, and saying now is the time to prep for a coming disaster. A former adviser to Go...
1
Add a comment...

Ken Schortgen Jr

Shared publicly  - 
 
In the past we have written about, and shown the charts of what has happened in the stock markets since 2008 after the Fed began their policies of near zero interest rates, and massive quantitative easing.  In fact, it was a case of simple analysis to realize that the rise and fall of the equity markets over the past seven years have been intrinsically tied to infusions of new money printing, where stocks always declined when the spigots were tur...
1
Add a comment...

Ken Schortgen Jr

Shared publicly  - 
 
When the Nobel committee handed out their prize for Economics to Paul Krugman back in 2008, the selectors must have thought they were giving it to Jack Klugman as a life-time achievement award, because the sad fact is the man who couldn’t even handle his own personal finances is little more than the butt of jokes when it comes to speaking out on financial and economic matters today. And as the equity and bond markets start to crack in the U.S. du...
1
Add a comment...

Ken Schortgen Jr

Shared publicly  - 
 
On Aug. 19, the IMF announced that they were delaying the decision to include the Chinese Yuan (RMB) into the SDR basket of currencies for at least one year, or until Sep. 30, 2016.  The decision to exclude the Yuan in next year’s basket content was determined a week ago, but the announcement to go forward with allowing China to stabilize and strengthen its currency was only released today. IMF executive board extends current composition of its S...
1
Add a comment...
People
Have him in circles
110 people
Glovit Lee's profile photo
Wasim Akram's profile photo
Emily Duddy's profile photo
Brian Hingst's profile photo
Beverly Mucha's profile photo
Jerry Watkins's profile photo
Tere Scott's profile photo
SuNNy Kr's profile photo
mastro tanger's profile photo
Work
Occupation
Freelance Writer
Employment
  • Freelance Writer, present
  • City of Mesa
  • USAF
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Goodyear, AZ
Previously
Missoula, Mont - Numerous as an Air Force Brat
Links
Contributor to
Story
Introduction
I am the Phoenix Billiards correspondant for the online publication, the Examiner.com
Education
  • None
    present
  • University of Nebraska at Omaha
Basic Information
Gender
Male