8
Oct

The Real Reason Bank of America Halts Foreclosure In 50 States – They’re Broke!

Many of the top banks in America are experiencing financial difficulties as well as the smaller ones. Bank of America has 454 billion of sub-investment grade derivatives coming due in the next 1-5 years. JP Morgan over 1.5 trillion.

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7
Oct

Bernanke Has Everyone Fooled With "Talk" Of More Fed Quantitative Easing

The interesting thing to me is people still believe Bernanke at his word. But what would be the consequence of even more quantitative easing? It would be disastrous to the economy and the U.S. dollar. So why not accomplish what he wants to occur without doing anything?

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4
Oct

Why Should Anyone Believe Bernanke When He Says "We’re Not Out of Ammo?"

What they do with these types of statements is try to convince people they are in control. But it is just the words they think that will move markets, not actual policy. In other words, they think that just by mentioning something, it is gospel….and so the people and markets will react accordingly, accomplishing their goals.

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4
Aug

Can the Federal Reserve Prevent Deflation?

When most people talk about interest rates today, they realize the lowest rates can go is to zero. Consequently, they believe at present the bottom is almost in for interest rates and the only thing the future holds is higher inflation and interest rates. But since the economy has not yet recovered, what can the Fed do to stimulate the …

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27
Apr

Do You Buy Real Estate Now or Wait? Part 2/3

Government and Fed intervention wreaks havoc in the real estate market. We have historically low interest rates to consider whether to buy real estate now or wait.

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28
Dec

Why Does Harvard Economics Professor Call Gold a High Risk, Highly Volatile Investment?

In my continued exposure of those who write articles that misrepresent gold I’ve run across an article written recently by former Ronald Reagan chief economic adviser and current Harvard Economics Professor, Martin Feldstein called “Is Gold a Good Hedge?”

I will dissect Feldstein’s article that is full of what I believe to be deliberate misinformation to confuse readers as to what gold truly represents in today’s economic and investment climate.

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12
Dec

Gold Is Not Falling

Recent purchasers of Gold are upset lately with the 8.5% drop in the U.S. Dollar price of gold this week. But what most of these buyers don’t understand is that gold stayed the same. It was what gold is priced in that changed.

That’s right. Gold is just a shiny rock as all the Gold naysayers like to say. It didn’t change in the last week. It’s still a shiny rock. But the U.S. Dollar appreciated of late thus causing the U.S. Dollar price of Gold to fall. To understand this further read on…

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