Daily Archives: June 16, 2011

Greece Moves Closer to Default

Today, the Greek two year yield was 29.7%. The yield is soaring across the yield curve, with many prices only 50 cents on the Euro. If you would have purchased Greek debt when it was issued, on many of these … Continue reading

Posted in Disasters, Economics, Events, Greece, Misc, Miscellaneous, News, Predictions, Review | Tagged , ,

Gold Holding Up For Now

Gold appears to be holding up for now, as shown on this daily nearest futures price chart from August, 2010 to June 16, 2011. However, if QE3 does NOT appear; many assets classes could be down big time as liquidity … Continue reading

Posted in Events, Forecast, Misc, Miscellaneous, News, Review, United Kingdom | Tagged , , ,

DOW, S&P 500 & NASDAQ Set for BIG FALL!

The DOW Jones, NASDAQ and S&P 500 are set for a big fall over the next 12 months. The P/E (Price/Earnings) ratios are way over valued, based upon expected earnings. The major indices ALWAYS revert to the mean, i.e., will … Continue reading

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