The Dow hit a new record high yesterday, topping 14,264. The previous record was 14,198.10, set in October 2007, when investors were squarely focused on the Federal Reserve (Fed). The Fed had cut rates for the first time in four years and bought over $40 billion a month of toxic debt from banks because the housing implosion was hitting consumers and
Read moreThe U.S. Dollar horoscope is based on the Coinage Act, passed by the United States Congress on April 2, 1792, time unknown – set for 12:00 pm, in Philadelphia, PA which established the United States Mint and regulated the coinage of the United States. This act also established the dollar as the unit of money in the United States, declared
Read moreGold rose to a record in London and New York as other commodities gained on speculation demand for raw materials will increase and as investors bought the metal to protect wealth from Europe’s financial turbulence. Get ready folks this is a sign another meltdown is on it’s way. If you’re an astrologer you know why I’m saying this. Read more at: http://www.bloomberg.com/news/2010-06-21/gold-rises-to-a-record-on-buying-from-investors-seeking-to-protect-wealth.html
Read moreFor more predictions, please visit http://www.williamstickevers.com: U.S. Economy: General China , Russia , India , and the commodity bloc in the Middle East will begin to reject thefiat currency of the U.S. Dollar, buying gold and other precious metals on a large scale as U.S. public debt exceeds 70% of GNP and the banking system in the United States continues to deteriorate. (January 4, 2010)
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WILLIAM STICKEVERS 