Tuesday, November 16, 2010

Milton Friedman explains role of Gold in Great Depression

Milton Friedman explains what happened during the great depression and what the role of the federal reserve is during economic ups and downs.

Two Options For Gold Prices

NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, says there are two ways gold prices can go after Friday's big sell-off.

.Phil Streible,..:..." ...The gold prices you know they've been -- back a little bit -- a kind of wait and we -- last week that they. Profits on the market around fourteen -- broke caution out there. I'm gold price they're they're probably gonna continue to sell off a little bit here -- to an upward trend line from last August. If you collect. Next August and November. On the an upward sloping trend line he would it's right -- on the -- fifty range which has also. -- 61% retracement. In the thirteenth fifteen at 1425. I so as long as we get a reactionary. -- where we we bounce off the boat -- there and start to work comp. Probably use that what what do you know had. -....

We are in the financial Dark Ages

"Today we are in the financial Dark Ages. The government’s stealing of wealth from its people is more than tragic and worst than barbaric." Rich Dad Robert Kiyosaki via Twitter
DAILY NEWS ON BOOZE