October 10, 2008 Dear, Dear Reader, In last week's edition of this meandering missive, I mused as follows... "What, I wonder, will the government do when next week, or the week after maybe, the U.S. stock market takes another header for 500 points? Stay tuned. Meanwhile, gold is at $826, down...
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The Room
by
David Galland
on
10-10-2008
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Filed under: Credit Crisis, Subprime Loans, Gold, Depression, The Fed, McCain, Obama, Deficit, Bailout, Bud Conrad, British Pound, LIBOR, Iceland, Fascism
Dear Readers, We're no longer in Kansas, Dorothy. At this point, the world's financial markets are in the firm grasp of a massive tornado. Our vision is blurred with fast-moving images of abandoned houses, crumbling banks, pontificating politicians, alien-looking Treasury secretaries on one knee...
Posted to
The Room
by
David Galland
on
10-03-2008
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Filed under: Politics, Inflation, Casey Research, McCain, Economic Forecast, Obama, Bailout, Barton Biggs, Energy, FDIC, Europe
September 26, 2008 Dear Readers, What a world I have returned to from my cloistered retreat at the beautiful Vivenda Miranda , scenically situated on a cliff outside of the quaint port town of Lagos, Portugal. Everything has changed. Everything is changing. The storm we have so long tried to help you...
Posted to
The Room
by
David Galland
on
09-30-2008
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Filed under: Economy, Presidential Race, Credit Crisis, Politics, Government, Gold, Ben Bernanke, Recession, The Fed, David Galland, McCain, Economic Forecast, Bailout, Henry Paulson, AIG, Ron Paul, Sara Palin, Donald Grove