Dear Readers, I have woken in the pre-dawn to find our direst predictions coming true, with global stock markets taking yet another pounding and U.S. stock futures limit down. Serving as a proxy for the mindset now gripping governments around the world, French President Sarkozy has announced that the...
Posted to
The Room
by
David Galland
on
10-27-2008
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Filed under: Economy, Interest Rates, International Speculator, Presidential Race, Credit Crisis, Politics, Gold, Dollar, China, David Galland, Economic Forecast, Taxes
October 10, 2008 Dear, Dear Reader, In last week's edition of this meandering missive, I mused as follows... "What, I wonder, will the government do when next week, or the week after maybe, the U.S. stock market takes another header for 500 points? Stay tuned. Meanwhile, gold is at $826, down...
Posted to
The Room
by
David Galland
on
10-10-2008
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Filed under: Credit Crisis, Subprime Loans, Gold, Depression, The Fed, McCain, Obama, Deficit, Bailout, Bud Conrad, British Pound, LIBOR, Iceland, Fascism
September 26, 2008 Dear Readers, What a world I have returned to from my cloistered retreat at the beautiful Vivenda Miranda , scenically situated on a cliff outside of the quaint port town of Lagos, Portugal. Everything has changed. Everything is changing. The storm we have so long tried to help you...
Posted to
The Room
by
David Galland
on
09-30-2008
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Filed under: Economy, Presidential Race, Credit Crisis, Politics, Government, Gold, Ben Bernanke, Recession, The Fed, David Galland, McCain, Economic Forecast, Bailout, Henry Paulson, AIG, Ron Paul, Sara Palin, Donald Grove
UPDATE ON THE STOCK MARKET . Written Wednesday, June 11th, 2008: 6:30 a.m. Today’s stock market has no real leadership. The Dow’s up, the Dow’s down, all day long. Yesterday it was more of the same. No real trend except for in ENERGY and GOLD , both selling off big time, sort of reversing...
Posted to
Principles of the Stock Market
by
Richard Schwartz
on
06-11-2008
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Filed under: Principles of the Stock Market, Richard Schwartz, Gold, Alan Greenspan, Inflation, US Dollar, The Principle of Primary Trend, The Fed, Update On The Stock Market, Daily Update, Macroeconomics, Portfolio Strategy, Federal Reserve, The Big Picture, Recession, Economic Common Sense, Stock Market, Ben Bernanke, Credit Crunch, Energy, Henry Paulson, Group of Eight, Credit Crisis, G-8
Written: April 25, 2008 Dear Reader, What an interesting week! Having been a single parent for two weeks, with the kids on spring break for the second of those, I have attained a whole new level of appreciation, yes, I think that's the word, for the difficulty associated with holding down the home...
Posted to
The Room
by
David Galland
on
04-29-2008
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Filed under: Credit Crisis, Politics, Coal, Oil, Gold, China, Housing Crisis, Food Prices, Diamonds, Women, Bonds, Africa, Project Manhunt
Thoughts on the Continuing Crisis Margin Clerks of the World, Unite! Where Do We Find New Sources of Credit? In Defense of Alan Greenspan What Now for Gold, Oil, Etc? Baseball, Mexico, and Travel Costs My essay in Outside the Box last Monday seemed to ignite a lot of response in the blogosphere. My basic...
Dear Reader , You don't need me to tell you, but the $1,000 mark is the latest to fall beneath gold's mighty rise. Even so, as a benchmark, the number $1,000 is meaningless. It represents no new high in the inflation-adjusted prices that count. And it is not attached to a magic switch that assures...
Dear Readers, It's getting to the point where even the most determined optimist is having a hard time finding a good reason to roll out of bed. Among just the smattering of news that crossed the lens this week... Producer prices rose 7.4 percent in January from a year ago, coming on the heels of...
Posted to
The Room
by
David Galland
on
03-03-2008
Filed under:
Filed under: Economy, Interest Rates, Credit Crisis, commodities, Inflation, Oil, Gold, Visa, Ben Bernanke, Recession, Dollar