The Worst Depression in 150 Years

The Worst Depression in 150 Years

The stock market had another big day today, spurred by the Fed’s massive recent liquidity injections. But you really shouldn’t be terribly surprised by the rally. Even the worst bear markets see substantial bouncebacks. And you can expect the market to give back all...
Socialism at Its Finest after Fed’s Bazooka Fails

Socialism at Its Finest after Fed’s Bazooka Fails

In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in...
Where Will the US Stock Market Crash End?

Where Will the US Stock Market Crash End?

As the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode — where is the US stock market crash likely to to stop falling? So far, it’s...
This Is Why You Should Own High-Quality Gold Miners

This Is Why You Should Own High-Quality Gold Miners

A long list of companies ranging from cruise ship operators to retail chains to airlines to restaurants are on life support. Many others (we’re looking at you, IBM) have spent billions buying back their own stock with borrowed money and now, even if they survive, look...