International Forecaster October 2007 (#1) - Gold, Silver, Economy + More; by Bob Chapman
Monday, October 8th, 2007 Posted in Economic News | 2 Comments »All of America has now become subprime, along with the dollar. There will be a steady exodus from the dollar until it has dropped 30-55%, then as time goes on all currencies will become suspect and the flight to gold ...
When’s the Next Streak? by James Turk
Monday, October 8th, 2007 Posted in Economic News | No Comments »Gold is trading as if there is a lot of money waiting on the sidelines to buy the dips. We saw evidence of that this week. Every time gold was beaten down into the $720s, it quickly bounced back.
$20B worth of subprime pain
Monday, October 8th, 2007 Posted in Economic News | No Comments »Banks have paid dearly for their big bets on mortgage securities. And the toll keeps mounting.
Basel regulators believe crisis far from over-source
Monday, October 8th, 2007 Posted in Economic News | 1 Comment »The global credit crisis is far from over and may come in waves, a source close to the Basel Committee on Banking Supervision said on Friday.
Congressman: Dollar Could Collapse To Absolute Zero
Monday, October 8th, 2007 Posted in Economic News | No Comments »Presidential candidate Ron Paul warns of coming global economic depression
Musings of a Veteran Gold Broker? Part 5
Thursday, October 4th, 2007 Posted in Economic News | No Comments »It has been about five weeks since I last posted on this Forum. For those readers who know my handle, I work here as a gold broker at Centennial Precious Metals. I have to say that this past summer was ...
Explosions in currencies, gold, oil, food: Urgent Steps
Wednesday, October 3rd, 2007 Posted in Economic News | No Comments »The housing collapse is gaining momentum and the dollar's woes have barely begun. The Euro has just catapulted to 1.427, its seventh consecutive all-time record high. The Canadian dollar has surged from 61.79 U.S. cents only five years ago to over $1.00, ...
Double blow to Dollar from Vietnam and Qatar
Wednesday, October 3rd, 2007 Posted in Economic News | 1 Comment »Vietnam is planning to cut its purchases of US Treasuries and other dollar bonds, raising fears that Asian central banks with control over two thirds of the world's foreign reserves may soon join the flight from US assets. Vietnam, which has ...
When Fed ignorance is not bliss
Wednesday, October 3rd, 2007 Posted in Economic News | No Comments »The machinery for creating credit has gotten so complicated and powerful in recent years that not even the Fed may know what it's doing, writes bond expert Bill Gross in Fortune.