After record losses on the FTSE and Wall Street, how much worse can it get?

Wow now we have the hype and the problem is made to be 10 times worse than it really is. I wonder if the media realises its power of causing a real finacial melt down, people panic sell their shares move their money buy gold.   This sudden slump on the stocks and...

Is there still a Wall Street Crash to come? « Peter J. Cooper’s Weblog

" The Dow Jones last hit bottom at 7,000 points in 2003 and it is not unreasonable in current economic circumstances – which are surely very much worse than 2003 – to expect at least a return to those levels."

Poll on the economy: Americans gloomier, for now

"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...

How to leverage gold and silver without any borrowings « Peter J. Cooper’s...

" In any rising market for precious metals, and with inflation and dollar devaluation inevitable as part of the bail-out of the American financial crisis I do not see how we can be about to experience anything else, there have to be some associated asset classes that do...

China Quake Toll May be Worse Than Feared

The devastation from an earthquake that struck southwestern China on Saturday might be much worse than initially feared, state-run news media reported on Sunday, saying that the quake had destroyed more than 100,000 homes and that the death toll had risen to at least 28 and...