Posted on March 14, 2010 by MoneyBob
Which is the greater threat, inflation or deflation?In Marc Faber and Michael “Mish” Shedlock, we found two market watchers ready (and able) to champion both sides of this great debate.Shedlock, an investment advisor with SitkaPacific Capital and author of the economics blog, MISH’S Global Economic Trend Analysis, made the case for deflation: Credit is contracting, [...]
Filed under: Credit Crunch, Credit Freeze, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gold, Inflation Protected, Investing, economics | Tagged: Deflation, Depression, economics, Economy, Inflation, Investing, Stock Market | Leave a Comment »
Posted on March 8, 2010 by MoneyBob
It’s time to provide some fundamental reasons as to why the dollar is in trouble long term and why the precious metals sector and the commodities sector stands to benefit from these dollar woes. The US has a massive current account deficit and it only seems to be getting bigger. Economists may play with the [...]
Filed under: Commodities, Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Gold, Inflation, Taxes, US Dollar, currency, economics | Tagged: Commodities, Depression, Dollar, Gold, Inflation, US Dollar | Leave a Comment »
Posted on January 4, 2010 by MoneyBob
That 1937 Feeling By PAUL KRUGMAN Published: January 3, 2010 Here’s what’s coming in economic news: The next employment report could show the economy adding jobs for the first time in two years. The next G.D.P. report is likely to show solid growth in late 2009. There will be lots of bullish commentary — and [...]
Filed under: Credit Crunch, Credit Freeze, Deflation, Depression, Dooms Day, Economy, GDP, Inflation, Investing, Life, Market History, Middle Class, Paul Krugman, Retirement, Risk in Portfolio, Saving, Stagflation, Stock Market, Taxes, The Fed, Thoughts, Unemployment Rate, economics | Tagged: Depression, economics, economist, Economy, Inflation, Lost Decade, Paul Krugman | Leave a Comment »
Posted on January 1, 2010 by MoneyBob
Closing Price for London AM Fix: 2000-2009 Date Gold AM Closing Price 29-Dec-00 $272.65 31-Dec-01 $276.50 31-Dec-02 $342.75 31-Dec-03 $417.25 30-Dec-04 $435.15 30-Dec-05 $513.00 29-Dec-06 $635.70 31-Dec-07 $836.50 31-Dec-08 $865.00 31-Dec-09 $1,104.00
Filed under: Commodities, Credit Crunch, Depression, Dooms Day, Economy, Gold, economics | Tagged: Gold, helicoter Ben, Inflation, The Fed | Leave a Comment »
Posted on October 19, 2009 by MoneyBob
Stephen Roach: “The market is in for a rude awakening,” said the chairman of Morgan Stanley Asia, whose grim outlook seems to remain constant wherever he’s domiciled. “This will be an usually weak recovery,” Roach said. “The damage done to the system [will be] lasting – we are not even close to healing. It’s ‘game [...]
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, Stagflation, Stephen Roach, Thoughts, economics | Tagged: Deflation, Depression, Economy, finance, Inflation, Investing, Recession, Stephen Roach | 1 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 September 26, 2009 by MoneyBob
The Fed upgraded its view of the economy Wednesday, declaring: “Economic activity has picked up following its severe downturn.”But forget all the talk about recovery, V-shaped or otherwise. The economy is actually worse today vs. during the depths of the recession, according to Peter Schiff, president of Euro Pacific Capital and author of Crash Proof [...]
Filed under: Aaron Task, Gold, MoneyBob Postings, Stagflation, US Dollar, Work, Yahoo Finance | Tagged: economics, Economy, Gold, Inflation, Life, Peter Schiff, Savings, 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 September 22, 2009 by MoneyBob
Marc Faber, editor of The Gloom, Boom & Doom Report is, by his own account, “ultra-bearish” on the long-term fundamentals of the U.S. market. (Discussed in detail in this clip.)However, in the near term, Faber sees plenty of money-making opportunities in stocks. Sure, prices aren’t as cheap as they were in March, yet he’s confident, [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gold, Inflation, Investing, Market History, MoneyBob Postings, Retirement, Risk in Portfolio, Saving, Stock Market, economics | Tagged: business, Depression, Dollar, economics, Economy, Gold, Inflation, Investing, Life, Marc Faber, Silver, Stock Market, Thoughts, Work | Leave a Comment »
Posted on September 22, 2009 by MoneyBob
Marc Faber has an informal rule never to spend more than 10 days in a country before rushing to the next one. In addition to lots of frequent-flyer miles, this gives him the chance to see firsthand how lots of the world is doing.So how’s it doing?Better than the U.S., says Faber, the editor of [...]
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