April 30, 2008 In a couple of hours, we’ll soon find out how low the Fed will go in their attempt to inflate their way out of the current subprime/housing market/financial sector mess that we are currently mired in. Last March 18th, the Federal Reserve cleverly manufactured a downturn in the commodities sector off of … Continue reading How Low Will the Feds Go?
April 23, 2008 Every time I’ve written about the imminent disaster that awaits U.S. stock markets, and subsequently global markets, the response has been overwhelmingly negative. In 2007, when I warned of steep declines in U.S. markets that were on the way in 2008, I was called everything from unpatriotic, to un-American, to even unholy. … Continue reading Will US Markets Crash Now or Crash Later?
April 17, 2008 - On April 15th, the U.S. markets rallied, with the DJIA adding more than 250 points (2.08%) and the S&P 500 adding more than 30 points (2.27%). Of course, this brought out the mandatory Wall Street cheerleaders and numerous stories that FINALLY, it appears that the U.S. markets are starting to turn … Continue reading A Closer Look at Recent Upbeat Earnings Announcements – Don’t Believe the Hype
April 17, 2008 Consider this. If you owned a prime piece of real estate in 2001 that was valued at $1.8 million that cost 7,200 ounces of gold to buy it back then (at a price of about $250 an ounce), and if you could now sell that same property and receive $2.6 million for … Continue reading Monetary Inflation: How Increased Paper Wealth Can Translate into a Lower Standard of Living