Hal.P.

Lessons the Market Taught Us in 2008

Sound advice. The coming year is indeed going to be uncertain I think. There's a large number of issues at play globally that are going have direct impact on our wallets.

I just finished watching the I.O. USA video and it scares me quite a bit as we go into the new year.

Here's another video from the Wall Street Journal worth looking at: How Iceland Collapsed.

I think a lot of people are going to be turning toward saving money. And gold probably will be one of the modes to that end because I think the dollar will be toast. I see from ExactPrice that gold is taking off after close today and is at 883.90 right now. Given it all I am beginning to wonder if Peter Schiff's prediction isn’t right about it going through the roof in ‘09. He claims $2,000 an ounce will likely be hit.