All Posts Tagged With: "BSC"
Economic Tectonics
Some of the greatest economic shifts in history are associated with big political swings, if not with politicians by name. Think of Hooverism, Roosevelt’s New Deal, Reaganism or British Thatcherism. But those are just labels. Things are not as simple as they imply.
And Then There’s This…Wednesday, August 13th,2008
The moment that trading in Hong Kong opened on Tuesday morning, both gold and silver got bushwhacked. In all my years of watching the Kitco precious metals charts, there has never been a day like this in Far East trading…ever.
How the Fed Killed the Dollar and Set Gold Climbing
Since the days of Alan Greenspan, the Fed has been so petrified of a slowdown it has practically killed the value and stability of the dollar, says Adrian Ash in Whiskey and Gunpowder.
But by keeping interest rates below the rate of inflation for three straight years starting in 2002, the Fed created a bubble in the housing market. That bubble has now popped, leaving in its wake a severe liquidity crisis.
Now big banks won’t lend without the backing of government bonds, and the Fed continues to inflate money supply. All good news for gold, says Adrian…
Credit Market Says: Don’t Buy Stocks Yet !, Part I
Since July 15 when U.S. markets hit another intermittent low amid the ongoing credit crisis, the Dow Jones Industrials Average (Dow) has gained 7.2%.
What to Do If Your Account Is Too Big for FDIC Insurance
Is your money safe if your bank goes belly up? The Federal Desposit Insurance Corporation (FDIC) insures you in case the worst should happen… but only up to $100,000. So, what happens if your account exceeds this limit? The Sovereign Society’s Erika Nolan says she has discovered “a masterful solution to protect your savings” even if your personal or business account is worth up to $50 million. More from Erika…
Government Bailouts Mean More Inflation and Worthless Dollar
Existing and future generations will pay a hefty price for the government’s financial bailouts, says Eric Roseman, investment director at The Sovereign Society.
Yes, the rescue of Bear Stearns (NYSE:BSC) in March, and Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) in July, averted a major short-term crisis. But the long-term costs of inflation and a worthless dollar will be more painful.
Eric says the value of paper currency will be worth nothing when the inflationary storm hits…
The Absent-Minded Credit Cycle
The two ways to play a correction…bargains, or traps for the unwary? The Butch and Sundance of the financial markets…the clumsy, backwards-walking economy. The whole world is slowing down…another farcical chapter in the history of the War on Terror…and more!
The Only Stock Market Chart Investors Need to See
With all the negative news that’s right now permeating the global financial markets - hammering stock prices - we wouldn’t blame you one bit if you wanted to stick your head in the sand.
We’re Nowhere Near the Bottom Says Alan Greenspan
So Alan Greenspan - former chairman of the Federal Reserve - thinks this equals the Great Crash, if not out-bads it.
This Obscure 1999 Law Is to Blame for the Credit Crisis
Who’s to blame for the collapse in the credit markets? The Federal Reserve? President Bush? The Treasury Department?
Rick Pendergraft in Investor’s Daily Edge says the real culprit is an obscure law known as the Gramm-Leach-Bliley Act. This allowed commercial banks, investment banks and insurance companies to operate under one roof.
Had the financial service industry been kept separate, we might have avoided the worst of the worst of the credit crisis. More from Rick…
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
- Gold Edges Up, but Silver Hammered Again1:47pm CDT
- Brazilian Oil Takes Another Step Closer to Nationalization3:32pm CDT
- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT
