Category Archives: financial crisis

Gold tops $1160

Posted on November 23, 2009 by ChrisA

More at kitco.com.

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Gold breaks $1140

Posted on November 17, 2009 by ChrisA

Three day chart.Six month chart. More charts at Kitco.com. Gold Hit Another All Time High! What It Means For You Nothing goes straight up or straight down as they say. You can expect a dollar rally as investor Jim Rogers … Continue reading →

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“Just stop it”

Posted on October 24, 2009 by ChrisA

I kept waiting for him to say “You can’t handle the truth”! Ed Morrisey’s suggestion… However, even if Bill Lockyer can’t see any way out, I see one: stop electing Democrats to the Legislature. If the state GOP doesn’t have … Continue reading →

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How could they not?

Posted on May 28, 2009 by ChrisA

China and the dollar. And this 5 day chart of the 10 year treasury note basically says “Pay up if you want our money”. The yield is up 400 basis points in 4 days!? Where’s Obama going to get all … Continue reading →

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California special election results

Posted on May 20, 2009 by ChrisA

Finding the results of this election is not easy. Frustrating. Perhaps it’s because I’m in a hurry? Below are the results, which I don’t feel like taking the energy to format. You can view them here. Basically the citizens that … Continue reading →

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In Social Security “years” it’s now 2017

Posted on April 11, 2009 by ChrisA

Yep, Social Security isn’t supposed to be in deficit until 2017. Surprise, the program made it 8 years early (almost). It’s not quite that bleak as surpluses are projected from 2013 to 2015. Federal budget worrywarts (myself included) have been … Continue reading →

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Tying a ribbon on an old era

Posted on March 11, 2009 by ChrisA

I’m voting with Neil!

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Return to sender

Posted on March 11, 2009 by ChrisA

Some banks are in the process of returning the bailout money as soon as the Fed’s can take it back. Others are working feverishly to get in a position to return it. Some bankers say the conditions have become so … Continue reading →

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Fleckenstein: Not time to buy yet

Posted on March 6, 2009 by ChrisA

No hurry yet according to Bill. What we are presently experiencing is the intersectio fo the financial crisis with the economic crisis. The problem is the economic issues are not feeding back into the financial system. Sounds like fun!

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How low can it go?

Posted on March 5, 2009 by ChrisA

Cast your vote on the low of the Dow Jones Industrial Average.

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Origins of the Financial mess

Posted on February 27, 2009 by ChrisA

Alan Blinder on how we got from there to here! I sure hear the word “leverage” a lot! Hat-tip to Newmarks Door.

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One hell of a pretty picture, eh?

Posted on February 23, 2009 by ChrisA

This is how you spell “No Confidence”!

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Californinomics

Posted on February 23, 2009 by ChrisA

California leads the way in demonstrating what not to do! As California continues more of the same policies that have brought it to the sorry state it is in now, the rest of the country needs to watch and learn … Continue reading →

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Another state runs out of money

Posted on February 17, 2009 by ChrisA

Kansas follows California. I bet people get a lot smarter about not overpaying their taxes this year!

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Hey, retail sales are up!

Posted on February 12, 2009 by ChrisA

Who would have guessed? Even with the caveat below, it sure doesn’t sound like the world is coming to an end? U.S. retail sales jumped 1 percent in January, reversing a six-month declining trend and defying economists’ expectations by posting … Continue reading →

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Geithner Talks, Wall Street responds….

Posted on February 10, 2009 by ChrisA
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The Age of Obama

Posted on February 6, 2009 by ChrisA

Isn’t this the truth… The Age of Obama begins with perhaps the greatest frenzy of old-politics influence peddling ever seen in Washington. By the time the stimulus bill reached the Senate, reports the Wall Street Journal, pharmaceutical and high-tech companies … Continue reading →

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All aboard?

Posted on February 6, 2009 by ChrisA

The President says… “There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy.” Really? Next, travel over to Instapundit and read how “scaring people is not leadership“.

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Capitol Hill phone lines are a tad busy

Posted on February 5, 2009 by ChrisA

Seems like voters/citizens are getting sick and tired of politics as usual and are calling their representatives to complain. Here are a few highlights… It’s because of people like Betty Davidson. “I’m very upset!” exclaimed the 63-year-old from Laguna Hills, … Continue reading →

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Prosperity is not printable

Posted on February 5, 2009 by ChrisA

Some words of financial wisdom from Bill Fleckenstein. America is now well down the path of trying to print its way to prosperity. Of course, the reason we are trying to print our way to prosperity is because initially, in … Continue reading →

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