September 19, 2007 – Back on March 3, 2007, the following was reported: “The states would only change the dollar peg simultaneously, U.A.E. Central Bank Governor Sultan Bin Nasser al-Suwaidi told reporters today. The six countries form the Gulf Cooperation…
Year: 2007
September 19, 2007 – “Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights” – Alan Greenspan, 1966, more than 20 years…
September 15, 2007 – Everybody is waiting now for this Tuesday’s decision by the Feds to finally learn how much the Feds slash interest rates. This decision is truly not that important for a number of reasons. (1) The Feds…
August 20, 2007 – On Monday, October 23, 2006, reporter Deborah Solomon wrote in the Wall Street Journal: “Mr. Paulson is chairman of the Working Group, which coordinates government policy on financial markets and includes the heads of the Federal…
August 9, 2007 – Back in March, we had U.S. Secretary of Treasury Hank Paulson telling investors not to worry because the economy was “fine” as he put it. Then just the other day President Bush issued statements saying that…
August 9, 2007 – Once again, something we predicted months ago is happening and being reported by a major world newspaper. And yet, the foolishness in the U.S. Congress continues, illustrating that they “just don’t get it.” Thank God U.S….
July 24, 2007 – Hello, the topic this week is important enough that this is a rare occasion where I am posting the same article on my blog AND sending it out in newsletter format. This month, Business Week ran…
June 29, 2007 – Make no mistake about it, the U.S. economy is not healthy. Despite all the reassurances from the Feds about the subprime fiasco being under control, the housing markets having already bottomed out, inflation being under control,…
Uncategorized
June 18, 2007 – In her recent speech to the Democratic National Committee Clinton told the story of one of her New York constituents that approached her and complained about the loss of manufacturing jobs with the question: “Why can’t…
June 17, 2007 – Yes, we’ve trumped the so-called experts again, including the person everyone in the media turns to regarding the direction of U.S. bonds, PIMCO’s Bill Gross, this time by more than 6 months. On January 7th, I…