I am constantly reading and researching for myself and the clients I serve, and I've come to some rather grim conclusions, sprinkled with some hopeful solutions. Currently we are witnessing the greatest financial meltdown in world history. It's not just a maybe anymore, it's a guaranteed certainy. Those whom have stood like a deer in the headlights need to start moving towards where the money is going to be. First let's establish some salient facts before we all drive off the edge of the cliff. The US dollar is going to collapse in the near future. The Dollar has … (11 comments)
energy: Oil continues to drop....optimism reigns!! atleast for now....
- 07/17/08 01:27 PM
Sometimes in life your right, and hopefully I am at this point in regards to oil. In my last few blog posts I've been suggesting that oil is going to soon be dropping to more manageable levels. It hit the peak recently and has in the past few days began to drop and drop and drop. I can just hear George Soros rubbing his hands in glea as his short bet's are making him BILLIONS of dollars. This has been one of the biggest sucker plays in recent history. I'm wondering when the SEC is going to announce an investigation of … (2 comments)
energy: If only I was president, I would.................
- 06/19/08 11:17 AM
To beign with, I'm a red as they come Republican. I've voted for every Republican cannidate since I could vote in 1988. I understand why Republicans feel government messes up everything it touches, so the following possible solution to our current energy crisis maybe considered liberal to some extent, but something needs to be done. If I was president, I'd suggest the following... 1) I would release 50% of the strategic oil reserves into the US market. I wouldn't announce it ahead of time, I'd just do it quickly and without much fanfare. Those investors caught in the middle would just … (3 comments)
energy: Are you worried about interest rates?
- 02/27/08 05:00 AM
Most consumers are worried about interest rates, but recent bloomberg articles and headlines in my local paper are now postulating the theory that Stagflation may rear its ugly head! What's stagflation, well the simple definition is that it means that interest rates increase, wages decrease, business decreases, and it's a self defeating spiral that is difficult to overcome. So are these newspaper and media reports correct, or are they overblown? Historically they maybe correct, but how long before we actually see 1980's type interest rates? The answer maybe more complicated then this simple explanation, but hey if you can do better then … (1 comments)
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