Wealth
Report: Inflation on the horizon with Obama plan
The U.S. is likely to face rapidly escalating inflation within the year, as the government moves to print money quickly, a new report suggests.
Near Term Outlook
Gold and silver prices are down, and people are selling (blood in the streets). And the long-term commodity bull market is still intact. This bleeding correction suggests a couple of positive situations—it will extend the bull market and it is the greatest buying opportunity for gold and silver stocks as well as silver and gold coins. I do not believe that this current credit crisis is to culminate in a great financial collapse, as many writers expect. But after this financial season comes the deluge. More on America’s economic woes when you read this article…
The case against forcing banks to lend
In the current economic climate, it is common to hear people speak about the need for banks to relax their lending standards and start approving loans again.
Experts: Housing problems likely to get worse
From homebuilders’ perspective, 2009 is likely to be a washout year, a panel of housing experts has predicted.
Analysts cite dangers of government intervention
As the damaging effects of the financial crisis continue to spread, there has been a tendency for people to turn to the government for solutions.
Gold rises on investor demand
The price of gold rose by more than 3 percent on Tuesday, as more investors turned toward the precious metal as a safe haven for their wealth.
Poll: 61% of Americans oppose more bailout spending
More than six in 10 Americans do not want any more of their tax dollars to be devoted to bailing out financial institutions, according to a new poll.
Libertarian Party: Spending will lead to waste and debt
If President-elect Barack Obama’s stimulus package goes ahead, the country will eventually be left with a "flat economy" and increased debt, according to the Libertarian Party.
Federal budget deficit reaches $485b
Amid talk about the multi-billion dollar stimulus package proposed by President-elect Barack Obama, new Treasury figures reveal that the federal budget deficit has already reached a record $485.2 billion for the first three months of fiscal 2009.
Obama's big government plans
President-elect Barack Obama has made it clear that he believes government intervention is the best way to help the country overcome its current economic challenges.
You can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.
