Newmont Mining (NEM) has been a frustrating stock for many investors over the past 14 years.
As the price of gold moved from the $390 range in May 1996 to $1200 today, Newmont’s stock price is only $3 [...]
Newmont Mining - Getting Ready For A Price Explosion
Strategic Defaults - The Difference Between The Rich And “Other People”
Million Dollar Home Owners Falling Off The Cliff
“I think you’ll find the only difference between the rich and other people is that the rich have more money” - Mary Colum
If the difference between the rich [...]
Will Governor Schwarzenegger Trigger 55,000 California Foreclosures?
California’s long running budget crisis has now degraded to the point where Governor Arnold Schwarzenegger has ordered a pay reduction to the minimum wage rate of $7.25 an hour for 200,000 state employees.
The California banking industry, perhaps [...]
US Treasury Calls TARP Repayments A “Milestone” While Ignoring The Elephants In The Room
Treasury’s Victory Call On Financial Bailout Premature
The Treasury Department’s latest public relations effort to highlight the success of the financial system bailout focuses on the amount of TARP repayments versus total debt outstanding. In addition, the Treasury, [...]
Mr Obama, Please Don’t Read This
US Companies Build Massive Cash Reserves Based on Economic Worries
Wall Street Journal - U.S. companies are holding more cash in the bank than at any point on record, underscoring persistent worries about financial markets and [...]
Geithner Lectures Europe On Fiscal Discipline - This Is Like BP Giving A Seminar On Oil Well Safety
With Europe Facing Meltdown Geithner Offers Advice
After recently “saving” the US from economic Armageddon, Treasury Secretary Geithner must feel uniquely qualified to advise European governments on their looming sovereign debt crisis. Geithner’s solution to Europe’s out of [...]
Time Tested Indicator Predicts Huge Gains For Gold Stocks
K-Ratio Flashing Major Buy Signal
The increase in gold prices over the last five years has outperformed virtually every other asset class. From the low $400 range in 2005, gold has soared almost 300% to over $1200 per [...]
Why The Biggest Risk To The Economy Is A Strong Recovery
Concerns about the current economic mess turning into another Great Depression seem to have faded. The consensus view of government officials and private economists seems to be that the economy, although still fragile, is well on its [...]
Federal Reserve Super Low Rate Policy Crushes Savers And The Elderly
Fed Sees Solution In Zero Rates
The Federal Reserve recently vowed to keep interest rates “exceptionally low” for the foreseeable future in an attempt to revive the economy. Since mid 2006 the Fed has brought the [...]
- Newmont Mining - Getting Ready For A Price Explosion
- Strategic Defaults - The Difference Between The Rich And “Other People”
- Will Governor Schwarzenegger Trigger 55,000 California Foreclosures?
- US Treasury Calls TARP Repayments A “Milestone” While Ignoring The Elephants In The Room
- Mr Obama, Please Don’t Read This
- Geithner Lectures Europe On Fiscal Discipline - This Is Like BP Giving A Seminar On Oil Well Safety
- Time Tested Indicator Predicts Huge Gains For Gold Stocks
- Why The Biggest Risk To The Economy Is A Strong Recovery
- Federal Reserve Super Low Rate Policy Crushes Savers And The Elderly
- Depression In Commercial Real Estate Results In Bargains For Some
- Two More Massive Investment Frauds Reported
- Debt Collection M&A Is Booming As Collections Collapse
- GM Bankruptcy- Obama’s Socialist Hat Trick
- The Fed’s Contribution To Ponzi Schemes
- Why Did So Few People Save For Hard Times?
- Notable Links
- Economic Reality Crushing The American Dream
- Obama - 40 more years!
- Major Lenders Publish FHA Loan Limit Increases
- Time Shares - Another Shattered Dream
