Apr
27
2010

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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Mar
23
2010

Is Gerald Celente Right About the "Crash of 2010?"

My point in critiquing Celente is on the timing of his “crash” prediction, not on whether or not there will be a crash. He will probably take credit for predicting the crash no matter when it occurs, but the reality of it happening in 2010 is a mystery to me, barring any external influences (like WWIII).

I also take issue with his simplistic concept of bringing production (manufacturing) back home” and his “slave labor” comment which I’ll address first.

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Nov
18
2009

Trade Gold In EUROS Instead of Dollars? Switching May Make Sense Soon

But now that everyone is talking about the dollar weakness again, as well as gold breaking to new highs, Geithner is stuck between the proverbial rock and a hard place. If he takes the strong dollar stance, it could kill the stock market rally, especially if the Fed increased interest rates. If he lets the dollar fall too much, there could be a rush for the exit with Japan and China leading the way. There is a reason why Obama chose this time to take his trip to China. The U.S. needs to maintain the U.S. Dollar’s world reserve currency status. It cannot afford to become a second rate nation. Something has to be done.

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Oct
23
2009

The Odds of Recession Is Over Version 2.0 Occurring Are as Likely as People Realizing Michael Moore is a Capitalist

When I hear Mark Haines call a market top or one of the other CNBC cheerleaders admit we’re in a secular bear market, I’ll change my mind about them. I won’t hold my breath…. But ask yourself one question… What are the world’s wealthy doing right now?

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Aug
25
2009

U.S. Debt Clock Reveals Time Isn’t On Our Side

The U.S. is the Debt Engine to the World

Take a look at the map of the world below. It shows in the purple color the countries in the deepest debt as a percentage of GDP. Interesting how most of the other countries in the world can manage their finances better than the U.S. can. Could it be because these countries are actually producing something?

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