Doug Digger Eberhardt’s Top 3 Articles and Posts of the Week – Click on headline for full article
Read More0Oct
28
2008
Iceland vs. USA Economic Analysis
By: Doug Eberhardt
Category: Gold
Tags: Economic crisis, Economics, iceland, Interest rates, U.S. economy
Iceland is in the midst of a crisis and raised interest rates today from 12% to 18%. The Iceland currency, the Krona, which has already lost half its value since January, and has been closed to trading, opened trading today and according to CNBC lost half its current value “boom, just like that.” But if you look at the economic …
Read More0May
7
2008
If It Smells Like A Recession…
By: Doug Eberhardt
Category: Gold
Tags: Dollar, Economics, Economy, Federal Reserve, GDP, Interest rates, Investing, Money, Recession, Stocks
The “only” thing that has kept this economy going is the housing run-up caused by the Fed’s manipulation of interest rates lower causing consumers to find new money via equity from their homes and now the only thing keeping it going is massive infusion of the money supply by the Fed which is propping up the stock market…again.
How long can the game continue is the only question….
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