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Another gold prediction: http://www.cnbc.com/id/33204585/site/14081545 The price of gold will continue to rise and outperform stock markets and could go as high at $2,000, depending on the strength of the S&P 500 index, according to Chris Locke, managing director at Oystertrade.com...

Will California become America's first failed state?Los Angeles, 2009: California may be the eighth largest economy in the world, but its state government is issuing IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong...

If the tourism industry is suffering this bad it can't bode well for the real estate market in California. California Hotel Foreclosures Triple in Travel Slump http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5nTehuUgKfQ All you're seeing in Caliornia is bumps along the...

Scary times ahead? Perhaps, if you take credence in what Rep. Ron Paul, R-Texas, says. Paul, who had a strong grassroots following during the 2008 presidential election, explained on Glenn Beck’s Sept. 30 radio program that perilous times lie ahead due to the Federal Reserve’s loose...

US May Face 'Armageddon' If China, Japan Don't Buy Debt ECONOMY, BONDS, CHINA, JAPAN, DEBT, Posted By: JeeYeon Park | News Associate CNBC.com | 24 Sep 2009 | 02:22 PM ET The US is too dependent on Japan and China buying up the country's debt and could face severe economic problems if that...

This is a video of the prediction in question. http://www.europac.net/schiffvideo_wm_lg.asp He was called out on this prediction by Todd Sullivan from seekingalpha. Below is the response from Schiff (Nov 20 2008). "Watch that video again, what did I recommend -- Sell U.S. stocks, get...

Peter Schiff: U.S. Rally Is Doomed, Gold Will Hit $5000 Posted Sep 24, 2009 09:25am EDT by Aaron Task in Investing, Newsmakers Related: ^DJI, GLD, EPHCX, FXI, EEM, GDX, ^GSPC Unlike the "legitimate bull markets" of many foreign markets, Peter Schiff believes the U.S. is merely experiencing a...

http://eclipptv.com/viewVideo.php?video_id=7485

US credit shrinks at Great Depression rate prompting fears of double-dip recession Both bank credit and the M3 money supply in the United States have been contracting at rates comparable to the onset of the Great Depression since early summer, raising fears of a double-dip recession in 2010 and...

http://finance.yahoo.com/tech-ticker/article/330828/The-Greatest-Sucker's-Rally-in-History?tickers=dia,spy,qqqq,%5Edjia,%5Egspc&sec=topStories&pos=8&asset=&ccode=...

Ben has some skills. Copperfield would be proud.

The Speyers insist their company is still providing investors with “20 percent returns” and has $2 billion to invest in new deals. “You show me anybody who measured up to that standard,” Jerry Speyer said. Too funny!!!! Keep up the good posts my friend.

http://www.marketwatch.com/story/job-openings-down-50-from-the-peak-in-2007-2009-09-09 Job openings down 50% from the peak in 2007 Six unemployed people compete for every available position By Rex Nutting, MarketWatch WASHINGTON (MarketWatch) -- The number of open U.S. jobs fell 50%...

This ending is going to be ugly. I think when it's all said and done we'll dream about the DOW being at 6400. We're in quicksand that we can't get out of. How pathetic can it be when Tanzania ranked above the U.S in bank soundness.

Put on your party hats!!!! WASHINGTON (AP) -- A new government survey finds the vast majority of the country reporting economic activity is stabilizing or improving, as the worst recession since the 1930s appears to be over. The Federal Reserve's snapshot of economic conditions backs...

http://www.bloomberg.com/apps/news?pid=20603037&sid=ak.1o0dVxWHo Sept. 8 (Bloomberg) -- The U.S. stocks rally is “maturing” and the risk of a 20 percent retreat in the Standard & Poor’s 500 Index increased after sellers became more aggressive than buyers, Bank of America said. Mary...

http://finance.yahoo.com/news/Swiss-topple-US-as-most-rb-3920054269.html?x=0&.v=2 GENEVA (Reuters) - Switzerland knocked the United States off the position as the world's most competitive economy as the crash of the U.S. banking system left it more exposed to some long-standing weaknesses, a...

We'll need to see gold stay above $1000 an ounce till close of the week before I'd join the bulls. I'd personally short it at these levels. There are too many interests at work to keep gold above $1000 an ounce. I do think oil will close the year above $100 a barrel on the demise of the...

Tomorrow should be twice as worse. DOW 6600 here we come.

http://www.smh.com.au/world/saudi-dynasty-accuses-billionaire-of-11b-fraud-20090828-f2jh.html