<<“FED Lowers Discount Rate to 2.5%”>> Well, gad, we got beat there by 50 basis points, and maybe more by December.
Discount rate is 1.5%
<<“Gold Is Back”>> Nope, not yet, or back and then gone, but in any case certainly got a lot of mentions in the press, so must be soon or again, maybe, perhaps, else we are indeed in a new era of honest cash and honorable politicians.
Gold is trending up for a few months.
<<“Russia Sharply Increases Arms Export To Save Economy”>> That is a yes, and apparently everybody else too.
What do you think of the latest Business Week saying how great the Russian economy is?
My scenario is still for massive stock market and apparent economic rebound, mainly due to these low interest rates etc. and then the plane loses momentum, then height and then crashes.... as the dollar goes down, layoffs increase, housing market collapses etc...
David |
