Posted on May 23rd, 2009, by admin
My last blog went over the first three reasons that the bear market is here to stay. As promised, here are the final two reasons:
•4. This recession has reached global levels. The current economy woes aren’t confined to the borders of the United States. In fact, the World Bank believes that global economic growth will [...]
Tags: 401k, alternative investments, Ron Wellman, World Bank
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Posted on May 16th, 2009, by admin
Not to be a downer, but I need to point out that the bear market isn’t going anywhere anytime soon. Here’s why:
1. The banking crisis has not been magically fixed. Despite nearly $356 billion of taxpayers’ money that the government has thrown at our nation’s banks, the banking crisis is nowhere near a resolution. The [...]
Tags: Home Price Index, IMF, International Monetary Fund
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Posted on May 12th, 2009, by admin
The government is pulling out all stops in an attempt to pull our country out of its economic funk. But the question of the day is whether they’re making the right moves to actually turn things around or whether they’re sinking our nation further into economic distress.
One thing’s for sure: creating trillions of dollars out [...]
Tags: commodities, gold, Gold investments, investing, investments, Ron Wellman
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