Bhakta

Industries to Avoid, Industries to Buy

Hey, IMHO the GOVT is the cause of all the troubles and LESS govt is better govt. I agree on the trusts, PGH, HTE, PWE, PMT.To, AAV, etc.

Auction-Rate Bonds Fail to Find Buyers

"Bren", I hope also, but this is like a tidal wave now that is unstoppable. Every act has a reaction, and no one can see clearly what the ramifications are. Had the FED not drove up rates for 17 consecutive quarters, and just left them alone, people could perhaps have made their payments, and property values would have stabilized. The FED wanted to stop the "inflation", and the result is now serious deflation in property, and inflation in everything else. Is there a worse scenario economically?

Auction-Rate Bonds Fail to Find Buyers

It is about time the domino collapsed and reality sets in. The US has been living a dream for too long and the dream is now a nightmare.

I am looking at the tape this AM and it seems the only safe haven is in precious metal, commodities and energy.