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The Dow’s over 12,000 again as I write this. Bad news seems to have a very temporary effect on this juggernaut that’s been largely aided and abetted by the Federal Reserve’s cheap money policy. How much longer can THEY keep [...]
Runaway Train Let’s start off with the joke of the week. We have “Runaway Ben” to thank for it. Last week Ben Bernanke said with a straight face that as soon as he sees signs of inflation and a sustainable [...]
Scoreboard year to date: Dow up 16.76%, S&P up 21.01%, gold up 24.7% Try a fun experiment: ask everyone you know when you next see them if they own any gold coins and watch their faces go blank. We sit [...]
Number of failed banks in 2009 so far: 115 At some point in the decades to come, you’ll be able to say, “I was there!” It’s hard for people to grasp at the time history is being made, but not [...]
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