Financial Vagabond

I thought I’d have a little fun comparing the highs and lows of the crash of 1929 to today.  I’d love to say that I came up with a wonderful prediction, but alas I can’t even read palms (yet).  So, to explain what I’ve done a bit the top section is from 1929, and the [...]

This is a very pertinant watch if you are interested in the similarities of today to the 1929 crash. I keep looking at the charts and percentage changes from prior to 1929 till today. So, far we have almost retraced on the Dow 100% since the October 2002 low. If we cross that level of [...]

Ever watched a sci-fi movie where the crew goes into stasis while they travel from one end of the galaxy to the other?  Ever contemplated Purgatory where heaven and hell meet?   I feel as though this is a period of semi-consciousness awaiting judgement…  Last night I was catching up on some news online when I [...]

  As I write this the Nikkei is down 580.52 points to 7,880.36.  All of Asia is down across the board.  A sea of red you might say.  It will be interesting to see what happens with the European markets once they open.  I imagine if Asia is down so will be Europe.  None of [...]

The theory was beautiful (well in the abstract)… Give troubled banks more credit and they will lend it out and the economy will stop its free-fall.  Now, that sounds like utopia to me.  Create credit and we will all be saved for unemployement, slowing production, decreased consumer spending, and rising interest rates. HOLD ON… let’s [...]

I received an email from a friend and here is my response.  You ought to be able to decipher what the questions were about.  These are my opinions of the present situation, and are by no means recommendations.   —- 1) Voting for McCain… I really don’t think voting for A or B is going [...]

  I watch the markets on a daily basis, and attempt to stay informed as to what is happening in the world.  To be honest it isn’t a easy task as there is so much information to digest.  Alas, that is the beauty of the Internet.   Anyways, I started to notice a similar feeling [...]

It seems that the tune to march to these days is credit o credit we need more credit.  Somehow somewhere we forgot quite quickly that credit got us into this mess.  If credit is expanding much faster than real economic growth the outcome will be instability in the economy.  That is like an individual taking [...]

I agree that we are probably going to see a continued decline in commodity prices especially PMs.  However, given the increases in the monetary supply I forsee this trend reversing.  When the trend reverses, which isn’t going to happen immediately because we are headed towards a major recession, with unemployment rising, and more likely interest rates as well, inflation [...]

Folks is is time to get off the entitlement binge and take responsibility for our spending and absurd housing prices. As always Ron Paul is to the point about the situation at hand. Wouldn’t you rather have a stronger dollar, our troops brought home, and the ability to send your money how you choose? Sphere: [...]