Just eighteen days after bum rushing Congress into passing an $800 billion dollar stimulus bill they didn’t have the time to read, and America wasn’t allowed to see, (because the economy was in such dire straights)…President Obama, on Tuesday, March 3rd, took an unprecedented step by an American President, and told America to buy stocks…
Hmm?
If [...]
Tags: Bank Bailout·Commercial Real Estate next shoe to drop·IMF·IMF $4 Trillion Bank Losses·Meredith Whitney·Obama buy stocks·Obama Stimulus Bill·real unemployment numbers·the greater depression·US Bank Losses $4 Trillion
Given all the noise and rumors about new, additional IMF gold sales yesterday, I thought it would be a good time to take an updated look at trading charts for both Gold and the HUI Gold Bugs Index.
For an update on the final communique of the G-20 and the IMF, please see my preceding [...]
Tags: G-20·Gold·Gold chart·HUI Chart·HUI Gold Bugs Index·HUI:Gold Ratio·IMF Gold·Trading Gold
The IMF has just announced their final communique, which will inject an extra $1 trillion dollars into the global economy, bringing the total of already announced and committed global stimulus, to $5 trillion dollars.
The $1 trillion extra which Mr Brown said would “be made available to the world economy” includes an extra $500 billion in [...]
Tags: G-20·G-20 Meeting·Gold·Gordon Brown·IMF Gold Dump·IMF Gold Sales·IMF Stimulus