Seven Drivers Behind the Recent Boom in Bank Profits [View article]
"The good news is: with their easy money policy, the Fed is guaranteeing that we will not relive the horrors of mass unemployment witnessed during the Great Depression. The economy will recover. "
What makes you think this? We have incredible, unsustainable debt; the unemployment rate continues to rise; and worldwide derivitives are growing, not slowing.
Watch Bank of America to Understand Where Economy Is Going [View article]
Moreover, commercial real estate is collapsing but with no foreclosures by banks, which don't want them on their balance sheets. Also, a lot of mutual funds can't hold stocks when they're under $5 so these types of holdings are being dumped.
Winners and Losers in the Bailout Bonanza [View article]
Absolutely gold is the winner here. But buy energy stocks, too because after a continuing emergency in general and hyperinflation, we're going into a serious energy way past-peak crisis. I LOVE CNX at this price. But, then too, I love silver.
Paulson & Co. Rides the Financials Both Ways [View article]
Seven Drivers Behind the Recent Boom in Bank Profits [View article]
What makes you think this? We have incredible, unsustainable debt; the unemployment rate continues to rise; and worldwide derivitives are growing, not slowing.
Watch Bank of America to Understand Where Economy Is Going [View article]
Looks as if silver will end the week nicely.
Winners and Losers in the Bailout Bonanza [View article]