Tag Archives: interest rate
When Buying Gold Becomes a Life-or-Death Question
Something absurd is going on…and we’re not talking about the stock market. While the wild swings in the DOW are fantastic entertainment, they’re not serious. Not for us, at least. We panicked and sold stocks long ago. Still, we watch … Continue reading
When the Whole Paper Edifice Collapses
There was massive carnage on Wall Street yesterday – again. No doubt, it makes for some exciting headlines. But here at the Economic Prism we won’t take your time to ponder the stock market’s precipitous decline. For, today, we’re more … Continue reading
A Run on the United States Government
Things are ugly out there. The governments of the world are going broke in unison. Over in Europe, the credit ratings of Greece, Ireland, and Portugal have been downgraded to junk bond status. Italian and Spanish debt is sure to … Continue reading
The Path of Least Resistance
The stock market hopped like a frog last week…jumping higher than in any week in over two years. When the week was over, the DOW had climbed 5.4 percent, the S&P500 had climbed 5.6 percent, and the NASDAQ had climbed … Continue reading
