May 11, 2008 In Part I of this two-part article, “Has Executive Order 12631 Effectively Ended the Era of Free Markets?” I discussed publicly made statements by various officials of the U.S. Federal Reserve that indicated they would resort to…
Year: 2008
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May 5, 2008 Just a couple of days ago, the financial media rejoiced over a prediction made by the Omaha oracle, Warren Buffet that “The worst of the crisis in Wall Street is over,” disseminating this declaration across the world…
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…
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…
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March 25, 2008 – Dark pools are pools of stocks listed on private or proprietary electronic exchanges that allow a buyer or seller to move large blocks of stocks anonymously without causing the bumps in the price of a particular…
March 9. 2008 – Diversification: The World’s Worst Investment Strategy Diversification, cash and AAA-rated instruments with exposure to Mortgage Backed Securities — If you’re deep into all three, these are three definite signs that it is time to let your…
March 3, 2008 – Out of Omaha, Nebraska, this story was picked up by the major global news services today: “OMAHA, Neb. (AP) — Billionaire Warren Buffett said Monday that the U.S. economy is essentially in a recession even if…
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February, 20, 2008 “This is your last chance. After this, there is no turning back. You take the blue pill, the story ends, you awake in your bed and believe whatever you want to believe. You take the red pill,…