Prepare for a Long Period of Downsizing
Aug 11th, 2009 | By Bill Bonner | Category: Politics & EconomicsWhat’s ahead? A “Lost Couple of Decades… ” says Comstock partners.
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What’s ahead? A “Lost Couple of Decades… ” says Comstock partners.
I am expecting a significant stock market correction at any time.
Currencies trade in a tight range. Pound Sterling, the star performer? Something smells fishy…Do you see trend with Gov. Reports? And Now… Today’s Pfennig!
The dollar rally pauses… Another Mortgage Bill… Yen in trouble? Gold pushes higher again! And Now… Today’s Pfennig!
The markets of 2009: plenty of offers; few bids. From Dubai comes word that the property market has not just fallen…it has ceased to exist.
Remember our dictum: the force of a correction is equal and opposite to the deception that preceded it.