US Treasury Calls TARP Repayments A “Milestone” While Ignoring The Elephants In The Room
Treasury’s Victory Call On Financial Bailout Premature The Treasury Department’s latest public relations effort to highlight the success of the financial system bailout focuses on the amount of TARP repayments versus total debt outstanding. In addition, the [...]
Mr Obama, Please Don’t Read This
US Companies Build Massive Cash Reserves Based on Economic Worries Wall Street Journal – U.S. companies are holding more cash in the bank than at any point on record, underscoring persistent worries about financial markets and about [...]
Geithner Lectures Europe On Fiscal Discipline – This Is Like BP Giving A Seminar On Oil Well Safety
With Europe Facing Meltdown Geithner Offers Advice After recently “saving” the US from economic Armageddon, Treasury Secretary Geithner must feel uniquely qualified to advise European governments on their looming sovereign debt crisis. Geithner’s solution to Europe’s out [...]
Time Tested Indicator Predicts Huge Gains For Gold Stocks
K-Ratio Flashing Major Buy Signal The increase in gold prices over the last five years has outperformed virtually every other asset class. From the low $400 range in 2005, gold has soared almost 300% to over $1200 [...]
