Categories

Login Status

You are not logged in.

Polls

Is Facebook overvalued at $40/share?

View Results

Loading ... Loading ...

Calendar

July 2017
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Gold alarm

                Gold hit 1120 an ounce today while the S&P staggered at 1097.  It looks like for the market to head higher, the dollar has to continue to fall.  The issue now is that the affect of a falling dollar on the equity market is less than the affect of the falling dollar on the commodity market.  This is a clear sign of inflation and the necessity of rate increases in the future.  However, issues with other foreign currencies, AKA the YEN, might actually support the dollar rapid decline.  Apparently, Japan is having troubles paying back the interest in their debts and is close to defaulting.

This content is restricted to site members. If you are an existing user, please login. New users may register below.

Existing Users Log In
 Remember Me  
New User Registration
*Required field

Comments are closed.