… 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 [...]
Bonds, bonds, bonds… United States Government bonds ARE the safest investment in the world besides cash. Right? They are aren’t they? I mean they are backed by the taxing power of the United States Government so they have to be. Well, sure you will get your money back at a measly 2.x% these days. Isn’t [...]
07 Jan, 2009
Posted by: gauntlett In: Announcement|Bailout|China|Commodities|Debt|Economy|Federal Reserve|Finance|Freedom|Random Musings|United States Dollar|inflation
Hold your hats folks as here are some of the forecasts for 2009 (link): GDP falling by 2.2% Slow recovery in 2010 > 9% unemployment by 2010 Decline in inflation (hmmmm… if monetary policy says anything this will reverse or at least eventually destroy the dollar) Continued decline in housing prices Decline in real consumption [...]
21 Oct, 2008
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 [...]
The United States’ Commerce Department’s Bureau of Economic Analysis (BEA) will stop publishing a key report tracking foreign direct investments (FDI) into the U.S. Through the discontinuation of the BEA’s “New Investment Series,” the U.S. government and the American public will no longer be able to distinguish between FDI used to acquire existing U.S. assets from FDI [...]
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 [...]
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 [...]
