Tag Archives: business cycle
Ignore Banks’ Bearish Statements on Gold
Ignore Banks’ Bearish Statements on Gold By Jeff Clark, Senior Precious Metals Analyst Goldman Sachs has lowered its gold price projections and says the metal is headed to $1,200. Credit Suisse and UBS are bearish. Citigroup says the gold bull … Continue reading
Fighting the Next War
The unemployment rate remains stubbornly high. But other than that, the economy seems to be pleasantly improving. Sure the dark clouds on the horizon from Cyprus could take some of the wind out of the stock market’s sails. Nonetheless, the … Continue reading
Currency Wars and the New Age of Desperation
It must have seemed like a good idea at the time. Of course, the time is always right for government policy makers to improve upon the natural order of things. In their dim minds, the unintended consequences of their actions … Continue reading
When Not to Buy Stocks
The stock market’s really going for it. The S&P 500’s just a scratch from its October 9, 2007, all-time high of 1,565. Is it time to pop the champagne bottle and celebrate? We’ll let you decide. But do you recall … Continue reading