This blog attempts to educate people about how our economy works and to provide updates on what is going on in the economy that may affect them (See personal story at the bottom of the page). Neither this blog nor I are investment advisors, any opinions posted on this site are my own. Please seek a professional investment advisor to fit your personal investment goals.
Economic Charts
All economic charts are at the bottom of the page.
Tuesday, September 7, 2010
Jim Rickards Tells his Clients to get out of Stocks
A great article came out of zerohedge.com today, summarizing an in-depth interview by King World News with Jim Rickards. Mr. Rickards discusses the manipulation in the markets and how they are destabilizing market clarity. Investors become uneasy about investing capital when they cannot see the market clearly. We have seen through various articles posted this last month, analyzing economic indicators (like ISM and Unemployment), that these indicators may no longer be trusted as they seem to be hyping any trace of good and down playing or avoiding the bad. Along with manipulations in the stock, gold and futures markets (among others) makes it hard for investors to make sound decisions. Jim also discusses the Feds ultimate goal. [ ">Read more ... ]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment