Peter Schiff Kicks Butt.
Wednesday, September 14, 2011
One of the methods I use to signal that stock prices have changed from a bull market to bear market has tripped, meaning it's now likely that the S&P 500 will fall well below the 20% loss threshold of 1090 before resuming any kind of rally. However I'm not going to invest in a bear fund yet - I'm waiting for a signal that the market has reached a medium-term top within the long-term decline.
Thursday, September 01, 2011
A better way to describe borrowing money from other countries is that we buy things from them with dollars, and then they turn around and use those dollars to buy our bonds. The net exchange is that other countries are making things for us in return for I.O.U.s.