Greenlight’s Einhorn Predicted Lehman Brothers’ Fall; Buying Gold
October 21, 2009 by goldguru · Leave a Comment
By Jennifer Ablan and Joseph A. Giannone Mon Oct 19, 2009 5:17pm EDT NEW YORK, Oct 19 (Reuters) – David Einhorn, the hedge fund manager who had warned on Lehman Brothers’ precarious finances, on Monday said he is buying gold and betting that interest rates will rise as he lambasted the U.S. government’s financial chiefs [...]
Capital Gold Group Report: DOLLAR DECLINE GAINING MOMENTUM: ‘Benign currency neglect’ could spell real danger for US economy – A Foreign News Perspective
October 15, 2009 by goldguru · Leave a Comment
What’s happening to the dollar? That’s the question dominating the world’s financial markets. Last week the US currency fell, on a trade-weighted basis, to a fresh 14-month low. The dollar’s decline is now gaining momentum. By Liam Halligan Published: 7:22PM BST 10 Oct 2009 Many American economists say the greenback is falling because the global [...]
Larry Summers: I’m Feeling Lucky
July 20, 2009 by goldguru · Leave a Comment
By Adrian Ash, GoldSeek Type “rubbish economist” into Google. Then hit “I’m Feeling Lucky”… The INCOVENIENT TRUTH about statistics, as Al Gore would no doubt confess if you threatened to stop him flying, is they look backwards, not forwards – and not even quite to the present. That’s as true of last-quarter earnings as it [...]
