For Today

Gold Prices to Shoot Up Soon

As the financial crisis and world economic depression progresses, people around the world are buying up gold coins. The demand is so high, government mints cannot keep up with orders from dealers. As the world supply is bought up, new demand on mined gold will translate into an explosion in the spot market for gold within the next six months.

About LNR’s Stock Market Advice

A few weeks ago LNR urged a good buy into Freddie Mac stock- (FRE), it was just above a dollar a share, right now, it’s down by almost half- we recommended to continue buying on pullbacks- as Freddie Mac will be a huge winner for you. Here is stock guru, Jim Cramer’s take on it:

“Right now, mortgages are expensive relative to their historical benchmark, the 30-year Treasury note. By next summer, I believe that Fannie Mae and Freddie Mac will be nationalized to shore up their flimsy capital foundations. Once the loans that Fannie and Freddie repackaged are explicitly guaranteed by the government, they’ll become the world’s best investments, as they’ll offer much higher yields than Treasury notes, with no more risk. That will cause a steep decline in mortgage rates, making it easier to borrow money and buy a home.” Jim Cramer.

Of course with LNR, you knew that about Freddie Mac a few weeks ago, before stock legend Jim Cramer wrote about it yesterday.

Key to Economic Re-Vitalization does NOT lie outside the EU and America

Some economic commentators are mentioning certain countries outside of the EU and America as being “key” to recovering from the global economic crisis. That assertion is ridiculous, it’s just another example of indulgent thinking about the importance of emerging economies which still have a long way to go before they become the “key” to anything. The EU and America together account for half of the world’s GNP, therefore, THEY are the KEY to recovery. Other countries may “contribute” to economic recovery, but they are NOT a or the ‘KEY’ to recovery.