Posted on November 26, 2009 by MoneyBob
WASHINGTON — The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.’s on terms that seem too good to be true. But that happy situation, aided by ultralow interest rates, may not last much longer. Treasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term [...]
Filed under: Bill Gross, PIMCO | Tagged: Bill Gross, Credit Crunch, Debt, Defcit, Deflation, Depression, Dollar, economics, Economy, Gold, Life, NY, NY Times, PIMCO, Stock Market, Thoughts, Work | Leave a Comment »
Posted on October 12, 2009 by MoneyBob
Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.”Rogers’ confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world’s reserve currency.”Is it going to happen? Yes,” Rogers says. “I don’t like saying it [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Diamonds, Dooms Day, Economy, Gold, Inflation, Interest Rates, Investing, Jim Rogers, MoneyBob Postings, Oil, Retirement, Saving, Silver, Stagflation, Stock Market, Taxes, The Fed, US Dollar, Uranium, Work, Yahoo Finance, currency, economics | Tagged: Commodities, Credit Crunch, Deflation, Depression, Dollar, Dooms Day, economics, GLD, Gold, Inflation, Investing, Investments, Jim Rogers, Life, Marc Faber, Mortgage Debt, Stock Market, Thoughts, Work | Leave a Comment »
Posted on April 20, 2009 by MoneyBob
by John Kimelman Monday, April 20, 2009 provided by The legendary investor is sticking for now with the two Cs: China and commodities. Well, bank executives and investors can breathe a sigh of relief: Jim Rogers has covered the short positions on financial stocks he put in place ahead of last year’s massive meltdown. But [...]
Filed under: Barrons, Commodities, Credit Crunch, Depression, Economy, Jim Rogers, economics | Tagged: Commodities, cred, Credit Crunch, doll, econ, econo, economics, Economy, food, Jim Rogers, Oil, US Dollar, zinc | 1 Comment »
Posted on December 22, 2008 by MoneyBob
Posted Dec 19, 2008 12:33pm EST by Aaron Task in Investing, Commodities, Recession Related: ^dji, ^gspc, FXI, TLT, EEM, UDN, SPY The S&P 500 could fall to as low as 600 in 2009 and “alternative assets” like commodities and currencies will provide no shelter for investors, says Gary Shilling, president of A. Gary Shilling & [...]
Filed under: Aaron Task, Credit Crunch, Deflation, Economy, Yahoo Finance, economics | Tagged: Credit Crunch, Economy, Investing, economics, business, Wall Street, Gary Shilling, Aaron Task | Leave a Comment »
Posted on December 22, 2008 by MoneyBob
RGE Content: Weekly Roundup RGE Lead Analysts | Nov 1, 2008 On Nouriel Roubini’s Global EconoMonitor, Nouriel Roubini warns that the worst in markets and economies is yet to come. On October 23rd, Nouriel predicted the potential shutdown of financial markets. A day later U.S. stock futures suspended trading after declines of more than 6% [...]
Filed under: Credit Crunch, Deflation, Dooms Day, Economy, Nouriel Roubini, Saving, economics | Tagged: Credit Crunch, economics, Economy, Nouriel Roubini | Leave a Comment »
Posted on October 22, 2008 by MoneyBob
New Money Market Investor Funding Facility (MMIFF) Fed To Buy Frozen Assets To Meet Redemptions from Money Market Accounts Federal Reserve will help finance purchases of up to $600 billion in assets from money market mutual funds which have suffered redemptions from investors seeking the safety of government debt. The program start date should be [...]
Filed under: Banking, Credit Crunch, Credit Freeze, Dooms Day, Economy, Liquidity Squeeze, Money Market, Saving, Treasury Department, economics | Tagged: Credit Crunch, economics, Economy, Federal Reserve, Money, Money Market, The Fed, Treasury Department | Leave a Comment »
Posted on October 9, 2008 by MoneyBob
Government Can’t Fix It Personally, I believe the biggest it’s a problem that so many Americans are looking to this year’s presidential candidates, Barack Obama and John McCain, to save our financial system. How did we become so financially weak that we surrender our economic independence to politicians? Where does it say in the Constitution [...]
Filed under: Credit Crunch, Debt Management, Economy, Saving, economics | Tagged: Credit Cards, Credit Crunch, Credit Reports, Debt, Debt Management, economics, Economy, Mortgage Debt | 2 Comments »
Posted on October 8, 2008 by MoneyBob
CREDIT CARD PROVIDERS EVIDENCE BANK FEARS Pop quiz: if Bank of America (BAC) loaned its retail customers $3 billion less in the third quarter than it did in the second, what’s that mean for credit card issuers? Probably – nothing too good. And, in fact, Mastercard (MA) pretty much validated the spending slowdown with a [...]
Filed under: Credit Crunch, Economy, Middle Class, MoneyBob Postings, Saving, economics | Tagged: business, Credit Cards, Credit Crunch, economics, Economy, Money, MoneyBob, Work | Leave a Comment »
Posted on September 25, 2008 by MoneyBob
Spongebob Quotes: Spongebob: “Don’t worry, tomorrow we’ll be back for more frolic and fun.” Spongebob: “Moss always points to civilization.” Squidward: “This city needs to be destroyed!!! Or at least painted another color.” Squidward: “That’s it, I’m getting off the loony express.” Patrick: “I know a lot about head injuries…belieeeve me!” Sandy: “Stupidity isn’t a [...]
Filed under: Credit Crunch, Economy, Fun, Jokes, SpongeBob, economics | Tagged: Credit Crunch, Fun, Humor, Jokes, Life, Personal, Sponge Bob, SpongeBob, Thoughts | Leave a Comment »
Posted on September 25, 2008 by MoneyBob
FDIC Rolls out Deposit Insurance Awareness Campaign Personal Finance Expert Suze Orman Featured in PSAs FOR IMMEDIATE RELEASE September 22, 2008 Media Contact: Andrew Gray (202) 898-7192 The Federal Deposit Insurance Corporation (FDIC) today launches a national campaign designed to help consumers learn about the benefits and limitations of deposit insurance. The campaign’s public service [...]
Filed under: Credit Crunch, Economy, Saving, economics | Tagged: Credit Crunch, Current Events, economics, Economy, Family, FDIC, Life, Money, Personal, Recession, Work | 2 Comments »
