Gold bugs will howl. But it is obvious enough that any major stock market correction – which must be looming on the horizon given this incredibly overbought rally now trading on very thin volumes – will bring gold prices tumbling down as in late 2008.
Tags: gold
Gold Sell-Off To Come With a Stock Market Correction
August 5, 2010 By Leave a Comment
6 Ways the Recession Will Change Retirement
September 29, 2009 By Leave a Comment
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6 Ways the Recession Will Change Retirement
U.S. News & World Report
The twin miseries of a stock market crash and a deep housing bust have eliminated $14 trillion of Americans' net worth since 2007—about $121000 per ...
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Was This Bear Market Really So Different?
September 29, 2009 By Leave a Comment
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Was This Bear Market Really So Different?
CBS News
From a big-picture perspective, the stock market to this point actually has behaved pretty much as it usually does in recessions: falling in anticipation of ...
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War Made Easy Movie – Why a Global Economic Deluge Looms
September 29, 2009 By Leave a Comment
A review on "War Made Easy"… War Made Easy Reaches into the Orwellian memory hole to expose a 50-year pattern of government deception and media spin that has dragged the United States into one war after another from Vietnam to Iraq. Narrated by actor and activist Sean Penn, the film exhumes remarkable archival footage of official distortion and exaggeration from LBJ to George W. Bush, revealing in stunning detail how the American news media...
Tags: Activist, American News, Archival Footage, Brainwashing, Deluge, Economic War, Exaggeration, George W Bush, Government Deception, Iraq, Lbj, Memory Hole, News Media, Reaches, Sean Penn, Stunning Detail, united states, Vietnam
Stocks seesaw after sprint
September 29, 2009 By Leave a Comment
Wall Street seesawed Tuesday as a better-than-expected housing market report vied with a surprise drop in consumer confidence, leaving investors wary of pushing stocks much in either direction.
Is another Wall Street Crash Coming?
Tags: Cnn, Cnn Money, Consumer Confidence, Housing Market, investors, Seesawed, Sprint, stocks, Surprise, wall street
The 7 new rules of financial security
September 29, 2009 By Leave a Comment
7 Rules to financial security from CNN Money
In a world turned upside down, you must re-examine some basic assumptions. A good place to start: understanding the true nature of risk. John Maynard Keynes, the Depression-era economist who’s having quite the comeback, once quipped when he was accused of inconsistency: “When the facts change, I change my mind. What do you do, sir?” Money has long advocated the benefits of consistency in your investing and financial planning. People who swing between bold risk taking and neurotic conservatism almo
Tags: Basic Assumptions, Conservatism, Consistency, Depression Era, Economist, Financial Planning, Financial Security, Inconsistency, Investing, John Keynes, John Maynard Keynes, Money, People, Risk, True Nature, World Turned Upside Down
Economic slack: Unsold homes and bulging piggy banks
September 28, 2009 By Leave a Comment
Globe and Mail |
Economic slack: Unsold homes and bulging piggy banks
Globe and Mail
Given last fall's stock market crash, it's hard to blame them. Nearly one in 10 downtown and suburban office spaces in Canada stands empty. ...
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Is this economic downturn just what the doctor ordered?
September 28, 2009 By Leave a Comment
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Is this economic downturn just what the doctor ordered?
Los Angeles Times
The Great Depression that began with the stock market crash of 1929 was the economic low point of the 20 th century. The economy shrank at annual rates ...
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Financial Crisis Causing Suicides like 29
January 4, 2009 By Leave a Comment
I always wondered if it was folklore about people killing themselves buy jumping out the window back in 1929 after the stock market crash. Now we have Billionaires taking their own life. This time though with our current financial crisis suicide definitely is a reality.People are committing suicide over losing their homes, mounting credit card debt, and no way to get out from the creditors. Guess what? I've been at the lowest point financially. And guess what the best part is? It's only up from there. There is always light at the end of the tunnel. I even got cancer at the same time.
Tags: stock market crash, suicides
Wall Street hopeful about 2009 to provide relief after real bad 2008
January 1, 2009 By Leave a Comment
The last trading day of 2008 on Wall Street provided a finality to a terrible year. We haven't seen an Wall St Crash like this — the worst since the Great Depression, wiping out over $6.9 trillion in stock market wealth. Six years of stock gains disappeared as the economy crumbled and markets crashed around the globe, shaking the confidence of professional and individual investors alike. So what is going to happen this year. Will Obama have an effect? How about government bailouts in general. Everyone on the street is sitting on the edge of their chair.
Tags: 2008 stock market crash, great depression