Why Current Inflation Hurts So Much?
Franklin @ February 14, 2008 # 7 Comments
The other day I wrote at www.tradingurus.com that the current inflation rate is historically low. That article was geared towards investors, and pointed out that the current administration has a lot more room to give money away to avert the current financial crisis. By the way, the idea behind www.tradingurus.com is that since American workers […]
More on page 328
The Case for Gold as the Next Bubble Instrument (and How to Play it Safe)
Franklin @ January 11, 2008 # 10 Comments
I wrote before that gold is a a poor inflation hedge. The myth has its origins in a big run up in the 80s that had as much to do with wild speculators cornering the precious metals markets as with a knee-jerk reaction to two continuous years of double digit inflation rates. With gold hitting […]
More on page 316
Is the Dow Jones at a new high?
Franklin @ October 8, 2007 # 13 Comments
Two weeks ago I mentioned that current currencies have no inherent value, and I gave the dramatic example of the Argentine currency from the 70s to date. Today, I will comment on the myth of the new high for the Dow Jones Industrial Average, which is portrayed as an example of the economic health of […]
More on page 66