I know things have been volatile and people are running scared, but even as the market looked like it was about to collapse – it didn’t. Even as short selling bets against the Standard & Poor’s 500 Index rose to a nine-month high last week, that doesn’t mean we’re going to see a major pullback. If we do, those will be prime opportunities to pick up more cheap stock. That’s why I have been proactive in telling readers…
America Selling Out
or months, we have been waiting on Bernanke to make his speech at Jackson Hole. For months, the market has been on tilt with some of the wildest trading days we have ever seen. For months, gold has been making new highs. For months, it has been the same old story. There’s no doubt in my mind that everywhere you turned Friday, Bernanke was the focus. So I am not going to bore you. In short, Bernanke said everything we already know in his opening paragraph…
The Dangerous Unknown
In less than in a few weeks, more than $4.4 trillion was wiped off stock markets around the world. On Thursday, we had the biggest one day decline since October 2008. The markets, the European crisis, and the political battles are wreaking havoc on our summer vacation. Adding more fuel to the fire…
