Today, I would like to concentrate on our banking system. It is important for you to know the health of our banking system, and to know that it was our banking system that was the point of the spear during the last financial meltdown. Could it happen again? As you know, I have been very [...]
Today I would like to just talk about gold. I was recently asked by an economyguy reader what I thought the future price action of gold might be because that reader was considering buying some gold. He (and me too as far as that is concerned) was concerned about buying gold when it was making [...]
Gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold, gold That’s all that counts as gold made a NEW HIGH today. The rest of the world went sideways. In the news today…… Microsoft to sell bonds – to raise [...]
Stocks up, bonds up, gold up, oil/gasoline sideways, and the Dollar lost ground against the Euro as everyone thought it was getting better in Europe – and they are wrong. In the news today….. Basel III tightens capital requirements – The Basel Committee on Banking Supervision more than doubled the capital requirements for banks, though [...]
Stocks fell as concerns for the strength of European banks swept the markets. Bonds and the Dollar gained as money poured into the US for safety from Europe. Oil and gasoline moved sideways. Gold continued its power forward in an unending up channel. In the eews…… More Stimulus?? – New spending, tax relief proposed [...]
