Breaking News

Congress expected to pass financial rescue package: Getting Ready for a Deeper Recession

Franklin @ September 28, 2008 # 7 Comments

Congress expected to pass financial rescue package: Financial News – Yahoo! Finance So, Wall Street put a gun to the head of the American public two months before the election and got what they wanted. I wrote before that a liquidity crisis in a fiat money system is only possible during hyperinflation. In September of […]

More on page 422

Is Gold the Object of the Next Bubble?

Franklin @ January 10, 2008 # 3 Comments

Today they started talking about recession, are we in? Are we going to be in? The problem with traditional economists is that they use models that are grossly outdated. My readers know we are in recession since the fourth quarter of 2006 (at best, the 2nd quarter of 2007). The problem right now? None. We […]

More on page 307

Retailers post disappointing November sales – MarketWatch

Franklin @ December 6, 2007 # No Comment Yet

On November 15 I wrote regarding the November retail numbers: If the news is bad, the Fed will feel justified in declaring that the risk of a recession is higher than the risk of inflation, and lower the rates a little bit more. Either way, at this , the end will be the same. There […]

More on page 234

Expect increased volatility

Franklin @ October 1, 2007 # 7 Comments

On August 20th, when the concern on the media was the liquidity crisis and the falling market I wrote to a good friend of mine “The move on the DIA since the bottom of 2002 looks parabolic. If we break the previous high we will be “on the other side of the curve” when things […]

More on page 61

I have $ 100,000,000,000 and yet I can’t retire

Franklin @ September 29, 2007 # 12 Comments

The past week you certainly have (and in the next few weeks you will) read a lot about the dollar and its relation to other currencies. Most of the articles fail to explain what the real value of money is. In some cases, I think, economists just ignore out of convenience what the impact of […]

More on page 60

How to survive hyperinflation

Franklin @ September 21, 2007 # 8 Comments

Avoid, to the extent it is possible, selling goods at a fixed price to be paid in the future Remember that if you work for somebody you are selling your work at a price set in the past and you will be paid in the future, so, during hyperinflation, you will be robbed daily Do […]

More on page 48

At a financial crossroads

Franklin @ September 19, 2007 # 6 Comments

With gold about to retest the previous high and the Dow Jones average at less than 200 points from the previous high, I will look at two different scenarios and their possible implications for the consumer market. As I pointed out before, Bernanke’s solution to the “liquidity crisis” is utterly destructive because it implies more […]

More on page 47

Entries (RSS)
Comments (RSS)

67 queries.
0.875 seconds.

Politics blogs Politics blogs
Links to Site