While gold, "the last resort" has been rising in value for 8 years equities have given their faithful holders zilch, zip, nada. Look forward 8 years after the current fiscal policies to "save" the economy have been implemented. Where do you think gold will be then? And stocks? Think about it and apply some common sense. The "last resort" will again, be the winner.
Wall Street Breakfast: Must-Know News [View article]
Home prices in July were down 7.1% over the previous year? In Orange County CA the prices are down 25%. I don't Case Shiller would back up the 7.1% decline. Something is wrong here. Bring back Eli.
How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II [View article]
There is only one way the massive debt of the US government can be liquidated....inflate it away by creating a worthless dollar. After which we have a 100:1 or maybe a 1000:1 reverse split on the old dollar into the new dollar.
Options Trader Friday Outlook: Up, Up and Away [View article]
Gold as a Truly Last Resort [View article]
Wall Street Breakfast: Must-Know News [View article]
How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II [View article]