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Tag Archives: collapse
The Joy of Going for Broke
One of the fabulous familiarities of living in a fading society is that not a day goes by where something utterly flabbergasting doesn’t occur. We don’t like it, of course. But who are we to stand in the way of … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, debt, default, food stamps, government action
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Salting the Earth with Money
Former Federal Reserve Chairman Alan Greenspan opened his mouth last Friday to caution on the perils of quantitative easing and artificially suppressed interest rates. Greenspan also cogitated upon how to put the worms back into the already opened can. What … Continue reading
Posted in Inflation, MN Gordon
Tagged alan greenspan, bubble, collapse, currency, dollar, federal reserve, treasuries
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Market Forces and Market Intervention
Stocks sprinted higher on Tuesday, releasing the pent up demand that developed over the long weekend. The Dow rose 106 points. According to several headlines we read, Dow stocks were boosted by strong housing and consumer confidence reports. Then, on … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, collapse, DOW, federal reserve, government meddling, interest rate, treasuries
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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
Posted in Economy, Jeff Clark
Tagged 1976, bubble, business cycle, collapse, gold, risk, saving
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