Gold Expected to Increases in 2011 Says Soros

Economics Articles

Gold Expected to Increases in 2011 Says Soros

Tuesday, December 21st, 2010 | Comments Off

Famed hedge fund investor George Soros thinks gold prices are heading much higher in 2011. As the largest holder of the GLD fund, he has reasons to talk up the metal but he isn’t the only one all bull. John Paulson, David Einhorn, Paul Tudor Jones and other famous investors have piled into precious metals. […]

Muni Bonds Have Been Taking a Beating

Monday, December 20th, 2010 | Comments Off

A recent “60 minutes” show this weekend highlighted a problem with states being unable to close budget gaps and pay for expensive pension and medical liabilities. States and local municipalities are in debt by nearly $500 billion according to “60 Minutes.” Furthermore they face over $1 trillion in unfunded liabilities. What’s been the reaction to […]

Gold Tops $1400

Wednesday, November 10th, 2010 | Comments Off

Gold topped $1400 an ounce yesterday, an event that speaks of inflation or inflationary expectations. We do not know if it will go further. We can only report that it has reached the cycle’s projected top of Charles Nenner Research Center, probably the best cycles analyst around.

Read My Lips: Inflation, Not Deflation is the Fear

Tuesday, October 26th, 2010 | Comments Off

Yesterday the Treasury sold $10 billion of 5-year inflation-protected securities, or TIPS, at auction. Something extraordinary happened which has never happened before. They were sold with a yield of negative 0.55 percent. Yes, a negative yield. Investors were willing to pay the Treasury 105 cents in order to buy $1 of inflation protection. This means the public […]

New Home Sales Plunge 33%

Saturday, July 24th, 2010 | Comments Off

With tax credits gone, new home sales plunged 33% in May to a seasonally adjusted annual sales pace of 300,000, dropping to the lowest level on record since 1963. It also was the largest monthly drop on record. Since the peak in July 2005, new home sales have now sunk 78 percent from their high. The […]

Fed Meeting Leaves Low Interest Rate Policy Untouched

Tuesday, July 20th, 2010 | Comments Off

As expected by most Fed watchers, the Federal Reserve Open Market Committee left?its low?Fed funds rate (which is in the 0% to 0.25% range) unchanged. This is the 13th consecutive time the Fed has left the rate unchanged in order to help boost the economy and support the housing market, which is due to feel […]

How to Get a Bank Loan for Your Small Business

Thursday, July 8th, 2010 | Comments Off

When it comes to employment and the health of the economy, the strength of the nation doesn’t lie in large corporations but in small businesses. They create over 66% of all new jobs in the economy, and are the lifeblood of the nation. The problem is, during recessions small businesses often need loans to tide […]

California Home Prices Skyrocket While National Loan Refinancings Heat Up

Thursday, July 8th, 2010 | Comments Off

With the lowest mortgage rates in decades making the news, the Mortgage Bankers Association reported that applicants for home loans rose last week by nearly 7% from a week earlier. Home loan refinancing applications rose 9.2% to see their highest levels since May 2009, doubtless due to the lowest 30-year fixed rate seen since Freddie […]

Economics Articles