Bankruptcy or Bailout?
The Dow Jones was extremely volatile Monday thru Friday. In percentage terms, it was the worst week since the 2008 financial crisis. Down 4000 points, it had the largest weekly drop ever. Although I have been worried about a stock market crash for a long time now, and everyone was…
Gold and Oil: the highest echelons of international finance
Yet again, a wild week on Wall Street! Stocks swung hugely both up and down, while oil was crushed to mind-boggling levels. Why? Coronavirus has people fearful of collapsing demand and Putin would not agree to production cutbacks. This is likely Putin’s way of getting even for America’s interference in…
The Coronavirus is the pin that will prick the bubble
What a wild week on Wall Street with thousands of points just gone! Needless to say, it was stressful trading, but I managed to lose less than I usually do. Thank God it’s the weekend, and I can rest. I started my Saturday with some power yoga and a green…
Calling all Christians: Wake Up
While reading this weekend, I ran across an interesting book. It’s called Wondering Man, Money & Go(l)d by R. Goswami. It looks like a hidden gem (knowledge is true wealth), and I can’t wait to read it. What peaked my interest while skimming, was an abbreviated excerpt by Alex Wallenwein…