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…
Month: April 2008
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…
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…
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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…