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 September 22, 2009 by MoneyBob
“The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society,” Marc Faber writes in the September issue of The Gloom, Boom & Doom Report.A statement like that pretty much speaks for itself, [...]
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Posted on January 14, 2009 by MoneyBob
A Short Summary: It is August 1939 and Americans are still recovering from the Great Depression–the worse nightmare that has ever happened to the United States. For the last ten years, since 1929, this country has experienced total economic collapse. Who could have imagined that this would happen in our modern industrial world? The Wall [...]
Filed under: Bankruptcy, Credit Crunch, Deflation, Depression, Economy, economics | Tagged: Depression, Dooms Day, Life, Market History | 1 Comment »
Posted on January 14, 2009 by MoneyBob
By Pedro Nicolaci da Costa NEW YORK (Reuters) – When economists tell us the current U.S. slump could never turn into another Great Depression, they all point to one thing: one of four Americans was out of work in the 1930s. But since the definition of joblessness has changed over the years, this expert assessment [...]
Filed under: Economy, Interest Rates, Market History, Reuters, economics | Tagged: Deflation, Dooms Day, economics, Economy, Market History, Recession, Reuters, Thoughts, Work | 1 Comment »
Posted on May 6, 2008 by MoneyBob
Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it. By Jim Jubak If fairy tales express our deepest fears, then investors must be on the verge of a psychotic breakdown. The current crop of financial gloom-and-doom books carry [...]
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Posted on April 29, 2008 by MoneyBob
Why this crisis is still far from finished By Mohamed El-Erian Published: April 24 2008 During the past few weeks we have seen a growing number of market participants predict an end to the dislocations that erupted last summer and claimed victims throughout the financial system and beyond. While their predictions are understandable, they are [...]
Filed under: Better Yourself, Credit Crunch, Dooms Day, Economy, Investing, Market History, MoneyBob Postings, economics | Tagged: Dooms Day, economics, Economy, Recession | 1 Comment »
Posted on April 20, 2008 by MoneyBob
Read This – and get out of debt and start to save more cash
Filed under: Credit Crunch, Dooms Day, Economy, Gold, Inflation, Interest Rates, Market History, Retirement, Silver, The Fed, economics | Tagged: Dooms Day, economics, Economy, Gold, Personal, Personal Thoughts, Silver, US Dollar, Work | 2 Comments »
