"Over the next year or two, my prediction......" It will take much less time than that. I believe that this week will be telling the story... the meeting in N.Y. on how,why,if,should........ the most important who should step up to the plate to and save ... lehman, AIG, WM, .... its a bottom less pit that we need. The public is "bone dry", scared, and loosing jobs.... there homes have another 30% to go down.... and the Banks and Investment Houses dont want to step up and participate!
So when the dust starts to fly... where do you think the $ is going to go?
Why do you think there is a shortage of Gold coins?
An ECB move up, would indicate : A parting of ways between the Central Banks! Major disruption in all markets!
No matter what stocks you hold get out!
Despite the "angst" to come if its done, they have to do it.... raise rates that is. They (Europe) have had experience with inflation and the effects it has.
Lots of potential for a lot of pain in the future.
Fed Funds Futures Predicting Strong Chance of September Rate Hike [View article]
Yes raise rates. Why is that we always wait untill it is too late to take our medicine.... It is always more difficult to swallow. The futures are telling us that we need to do it.... If we do not.... its more than the Fed that we will need to put the peices back together.
Time to Bite The Bullit Ben.
It will be a rough hard ride, with lots of pain for all .
Markets Haven't Yet Properly Digested the Bad News [View article]
Indeed a generation of folks that will ask themselves do I buy or rent? Lots of them will ask themselves can I even live without even "one bird in hand".
Last Gasp of a Doomed Currency [View article]
I believe that this week will be telling the story... the meeting in N.Y. on how,why,if,should........ the most important who should step up to the plate to and save ... lehman, AIG, WM, .... its a bottom less pit that we need. The public is "bone dry", scared, and loosing jobs.... there homes have another 30% to go down.... and the Banks and Investment Houses dont want to step up and participate!
So when the dust starts to fly... where do you think the $ is going to go?
Why do you think there is a shortage of Gold coins?
You dont need a degree from MIT to figure it out.
The Week Ahead: More Bad News? [View article]
A parting of ways between the Central Banks!
Major disruption in all markets!
No matter what stocks you hold get out!
Despite the "angst" to come if its done, they have to do it.... raise rates that is.
They (Europe) have had experience with inflation and the effects it has.
Lots of potential for a lot of pain in the future.
Fed Funds Futures Predicting Strong Chance of September Rate Hike [View article]
Why is that we always wait untill it is too late to take our medicine.... It is always more difficult to swallow.
The futures are telling us that we need to do it.... If we do not.... its more than the Fed that we will need to put the peices back together.
Time to Bite The Bullit Ben.
It will be a rough hard ride, with lots of pain for all .
Markets Haven't Yet Properly Digested the Bad News [View article]