Today Chris Ciovacco points to some other indicators that are beginning to turn negative. Of course, we are coming to the end of the summer doldrums and so we could see a reversal of fortunes as we enter the fourth quarter but we still have to make it through the notorious months of September and October. Remember the ROC has not issued a sell signal yet but just a preliminary warning.
Obama’s Comments Worry Stock Bulls Read More »
AIG is suing the Government. At first it seems highly ungrateful for AIG to sue its “White Knight” who swooped in to rescue it in its time of need. But when we look a bit deeper we may find that all is not as it seemed at the time. Republican Senator Jim Bunning of Kentucky,
Was the AIG Bailout a Scam? Read More »
How the Federal Reserve is Showing Financial Fear Think about one of those movie scenes when the leading man does all he can to defeat the big, bad enemy — punches, kicks, slams, stabs, shoots — but the bad guy just won’t go down. In fact he doesn’t even look fazed. That’s when the protagonist
Have you heard about the Fed’s 180 degree turn? Read More »
Is the Federal Reserve really doing such a bad job… or does it actually do exactly what it’s supposed to do, but the average American is in the dark about what that is? In this explosive video, Casey Summit speaker G. Edward Griffin, author of The Creature from Jekyll Island, talks about the Fed’s real
The Fed’s sole purpose: keeping the banks afloat Read More »
Current FED Policy Doesn’t Make Sense Could the FED really think that low interest rates are good for savers? Is housing really a vehicle for saving? Is it a good idea to use your home equity as an ATM machine? Should the government be stimulating housing production with a 30% to 50% oversupply already on the
Is Bernanke Stuck in a Housing Time Warp? Read More »
Gold Buying- Thomson Reuters GFMS, a leading precious metals consultancy, has forecast that gold buying by investors will continue at record levels for the remainder of 2012. GFMS produces the benchmark supply and demand statistics for the gold market. GFMS forecasts that investors will purchase 973 tons of gold in the second half of 2012, more than during the wild
Trends: Gold Buying to Resume & FED to Double Balance Sheet Again Read More »
Editor’s Note: In today’s interview Alex Daly talks with former Reagan budget director David Stockman about Austerity, the FED, housing, debt, the economy, the stock market, bonds, and much more. Here are a few of David’s excellent quotes from the interview: [The FED is] being run by people who are clueless as to how to get
Interview with David Stockman Read More »
