'America's Empire declining'
November 17, 2009
Some commentators are already saying the U.S. economy has weathered the worst of the financial storm. But others are far more critical. Among them is author and independent economist, Michael Panzner, who believes the White House's crisis response threatens America's future prosperity.
posted by 911truthnc at 6:25 AM
1 Comments:
I feel we're pretty close to a multi-year top in many stock markets around the world in part because of all of the misstepts by governments to try to control the business cycle and disrupt the free market. But fortunately there are still some individual names I like going forward because of what the govt is doing to try to help the economy. One of which is Golden Star Resources, ticker GSS, a junior gold mining company which reported earnings recently and whose stock has done really well this year. Here is a discussion on their earnings and some thoughts on Golden Star Resources . I wouldn't necessarily step in and buy the stock today, but I would definitely would on a 5-10% pullback. I believe that the macroeconomic situation is going to remain extremely positive for gold over the next several years because of the deflationary threats of the credit crisis and the inflationary policies of the Federal Reserve in trying to combat these issues.
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