How Many Interest Rate Cuts Will the Fed Do Before the Election?
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A friend of mine asked that question a few days ago. Let's go over the
possibilities and the market expectations.
2010-05-12
S&P 500 in Gold
Remember that the U.S. dollar was backed by gold at the time of the depression. Here's what a chart of the S&P 500 looks to someone who is using gold as their base currency.Since April, the stock market has gone nowhere.
Labels:
depression,
Epic Fail,
GLD,
gold,
monetary emissions,
SPY
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