RSS Feed for Global EconomicsCategory: Global Economics

DE-flation: Nationwide Gas Price Drops Below US$2.00

Say WHAT?  “DEflation”??  But, Jay, you’ve always been talking about “INflation”… what happened, you ask?  Well, the following have happened: Credit freeze and resultant lack of liquidity is significantly hindering world commerce. All Central Banks around the world are cutting interest rates… interest rates are cut to fight deflation, not inflation. U.S. is in a recession… [...]

Gold Is Trying To Bottom

Richard Russell November 10, 2008, DowTheoryLetters.com The hedge funds don’t buy or own actual gold coins or bullion. If a hedge fund wants to take a position in gold, it will buy GLD [gold exchange traded fund I've highlighted in past reports] or “paper gold” which can be quickly bought or sold. The hedge funds have for [...]

Finally… Accountability

House Panel Heaps Blame on Alan Greenspan for Financial Crisis October 24, 2008, Los Angeles Times The former Fed chairman, in a four-hour grilling, says the breakdown of credit markets left him in ‘shocked disbelief.’ He warns of a significant rise in unemployment. By Jim Puzzanghera Reporting from Washington — As Federal Reserve chairman, Alan [...]

Jay’s Presenting Continues

If any of you enjoy his stage presentations, well then you might be interested to learn that Jay Jolly is now once again on the speaking circuit.  Jay’s first gig is this coming weekend, October 25-26, 2008 at the Fast Track to Cash Flow Weekend event in Calgary, Alberta, Canada… for more details on this FREE event [...]

“Be fearful when others are greedy, and be greedy when others are fearful.”

October 16, 2008, The New York Times Warren Buffett THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will [...]

Obama and McCain Don't Understand Markets

A call for more regulations shows just how out of touch these guys are when it comes to the realities of capital markets. The cure is not more regulation – in fact, the current rules are a big reason why we’re in this dire situation.

"It Beats the Alternative"

Jay Jolly That’s the phrase my dad would always say about his ill health.  My father suffered from pulmonary fibrosis the last 8 years of his life which eventually killed him.  Up to the very end when someone would inquire as to how he was feeling, he would always smile and say, “It beats the [...]

Let’s Look at Gold

Everyone is lambasting what’s happening to commodities, natural resources, and precious metals.  Many pundits are saying the commodities boom has either ended or is in a long consolidation period.  Well, I’d like you all to reflect upon last week’s article written by Frank Holmes in particular [see Jay's Blog titled "Do The Math: Commodities Are [...]

Do The Math: Commodities Are Oversold

Excerpt for Do the Math