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
Gold is still comfortably within it’s bullish uptrend, and technically you have to stay long “of gold” (as Dennis Gartman would say) until it breaks support.
Fundamentally, gold is trading as the last remaining sound currency in a world of un-sound central banking. And gold is up an astounding 22% to 42% against the major [...]
Tags: Bailout·G-20 Meeting·Gold·Gold Charts·Gold vs. Currencies·Gold vs. US Dollar·IMF·IMF Bailout·IMF Special Drawing Rights·Stimulus Package