Gold And Implications

The strong price action of gold lately has been interesting. As seen in the two-year daily price chart below, the $1000 level has been a pivotal area: Chart Courtesy of StockCharts.com For a variety of reasons I am closely watching whether this $1000 price level will be surpassed.  I am under the impression, due to …

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Poverty And The Wealth Disparity

I find it interesting that we constantly see stories concerning the “highest paid” and wealthiest people of society and how much money they are making.  However, when it comes to the other end of the spectrum, how many stories and statistics do we see about such things as those living in poverty, the wealth disparity, …

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P/E Ratios and Inflation / Deflation

I recently came across an interesting chart titled “Relationship Of Inflation and Price/Earnings Ratios (1900-2008).”  It is from Crestmont Research and can be found at this link: http://www.crestmontresearch.com/pdfs/Stock%20Inflation%20&%20PE.pdf It shows the effect of inflation and deflation (as defined by the CPI) on the P/E Ratio. I think that it is worth looking at for a variety …

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Are We Going Into A Depression?

Please note – some might find this post disturbing I would like to provide an overall update as to my thoughts on our current economic situation. First, however, a brief recap of what others think of our current economic situation (details of which can be found under the “Economic Forecasts” and “Stock Market” categories on the right-hand …

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