Mar
20
HyperInflation Coming But Financial Crisis Not Over Yet
March 20, 2009 | 4 Comments
Ben Bernanke is indeed a man of his words. He not only stepped into a helicopter to drop money, he virtually flew a B-52 bomber and carpet bombed the skittish financial system with a trillion dollar payload.
Mar
13
Don’t Dump Gold Just Because GIC Is Bullish
March 13, 2009 | 1 Comment
I will think twice about selling gold though. Not because UBS made a bold prediction of gold prices hitting $2500. Such a frothy forecast combined with knowledge of inflation can get one extremely excited about gold’s prospects. However, I am not salivating over any profits. Instead, my faith in gold stems from the fact that it is a safe haven asset.
Mar
12
Bears Still Having A Party
March 12, 2009 | Leave a Comment
The bears have laid their trap and are partying hard. Any upswing in the stock market now is what the experts termed sucker’s rally, where any gains are short-lived but enough to lure investors while stocks continue to test new lows.
Mar
2
Worst Year For Warren Buffett As Recession Bites
March 2, 2009 | 2 Comments
The Oracle not only failed to outperform the market. In fact, 2008 was the worst year for 44-year performance of Berkshire’s book value and the S&P 500 index. The decrease in Berkshire’s net worth during 2008 was $11.5 billion, which reduced the per-share book value of both our Class A and Class B stock by 9.6%.

