… is exactly where the market was back in March when the S&P 500 hit 666. Everyone thought the world was coming unhinged, and well it was and still is. However, not everything comes tumbling down instantly. With every play there are acts, and at some point the climax. Without the climax how can we [...]
07 Oct, 2008
Posted by: gauntlett In: Bailout|Federal Reserve
I found this on www.chrismartenson.com and couldn’t resist posting it here especially after my post about the dollar. How the dollar is going to survive after this much cash is pushed into the system I really don’t know. A inflationary depression seems to be looking more and more likely. It would explain why gold is [...]
07 Oct, 2008
Posted by: gauntlett In: Bailout|Economy|Federal Reserve|United States Dollar
Hyperinflation, inflation, deflation, depression, recession, stagflation… well which is it? I have no clue, but there is a massive monetary inflation occurring, and a looming recession. Hmmm so does this mean a inflationary depression? Yikes. Last week I took a break from overwhelming myself about the markets and the state of the economy. The timing wasn’t [...]
25 Sep, 2008
Posted by: gauntlett In: Finance|United States Dollar
A picture is worth a trillion words… Frankly I’m not surprise to see what the Fed is doing and can only imagine what this is going to look like if this bailout goes through. There is a precedent throughout time that inflating the monetary supply only prolongs the inevitable. This is a sad state of affairs and I see [...]
I’m attempting to grapple everything going on apart from my disgust… and come up with a couple scenarios. Any help will be appreciated. Overall economic trend: – Economy is sliding deeper into a recession – Housing prices continue to fall – The dollar’s short-term value is undecided, and long term looking weak – Unemployment rising [...]
