Saturday, October 24, 2009

Oil Cheap Relative To S&P says Expert

S&P oil price ratio


Oil plays such a fundamental role in the economy; The S&P needs to gain 55% to keep in line with historical data.



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Housing Market Outlook

Analysis and discussion with Senior Economist of Westpac Banking Corporation James Shugg; Existing home sales today, the highest in two years and resales jump 9.4% to 5.57 million rate

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Ahbay Deshpande Gold will go to $5000

Go for Gold: If the Fed Keeps Printing, the Dollar Will Collapse


Gold bugs are buzzing with excitement. While the dollar continues to tank, the cheers from folks like Peter Schiff get louder. Ahbay Deshpande portfolio manager with the First Eagle Gold Fund takes a more measured approach to gold. He says talk of $5000 gold – an idea recently promoted by Schiff on Tech Ticker - is probably premature

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