These predictions are from hero Jim Sinclair, worldwide respected master of all things gold. Wed. October 15, 2008: US exchanges will be closed. There is a chance all world exchanges will close down. Only gold and currencies which are planetary markets will continue to trade. Retirement programs will not pay off. Medicare and Medicaid will [...]
Filed under: Mayhem, Predictions | Tagged: Jim Sinclair, Predictions | 1 Comment »
Filed under: Markets & Economy | Tagged: poll | Leave a Comment »
I see there’s still plenty of fear in the markets. And to think, it was just two short weeks ago that the VIX all-time high was in the mid 40′s. Yes, the max is, indeed, 100. I never thought we’d be getting this close! ◊◊◊◊ Now: Gold @ $785.60, Silver @ $9.42, USDX @ 82.43 ◊◊◊◊ ◊◊◊◊ Now: [...]
Filed under: Markets & Economy | Tagged: Fear Index, VIX | Leave a Comment »
Last weekend I alerted you all to rumors about a ”Bank & Market Shutdown on Sunday?! “. It didn’t happen. Why? Take a look at this Reuters news item –> Banks borrow record $437.5 billion per day from Fed It says “Banks and dealers’ overall direct borrowings from the Fed averaged a record $437.53 billion per day [...]
Filed under: > Scott's Soapbox, Mayhem | Tagged: Bankster Bailout | 1 Comment »
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