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Category Archives: Markets
Stocks up, gold down?
Stocks keep rallying higher and gold is stuck in the mid-upper 1300′s. Does this make sense? Not to me. Maybe stocks are just trying to catch up with gold’s performance last year because hey, QE means everything goes up, right? … Continue reading
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Gold prices
It’s the last day of 2010 and gold is at about $1,418/oz. Looks like I won’t be hitting my bet of $1,450 /oz. I would bet the price will get there in January 2011.
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Is inflation going to hit hard?
Ok, by now, you should know that commodities have had a huge rally over the past two years. The question is, will it be passed on to the consumers to the same extent? If so, is there a way to … Continue reading
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Thoughts on QE
It seems QE 1 and 2 have been able to boost stock prices and commodities. But there will be problems with this as input costs have increased significantly, and my guess is that businesses that use the raw materials in … Continue reading
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Where are we right now?
About 1/7 (42.9 million) people in the U.S. are on food stamps, read all about it here. And guess what, the rich want to stay rich. Oh, and the wealthy will always stay wealthy (they can live off of interest … Continue reading