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Monthly Archives: August 2011
China Downgrades US Debt
While most of the world was looking at the S&P and the downgrade of US debt, China made a move, which is far more important towards the United States in the long run. Dagong Global Credit Rating, the major credit … Continue reading
The Stock Market is Falling and the Decoupling of Gold and Silver
In the last three weeks, the DJIA has dropped over 2100 points. That is a 16.4% drop in three weeks. After QE2 at the end of June, the market has been extremely unstable and with … Continue reading
The Importance of the Historical Ratio of Gold and Silver
Today, gold is at $1615 and silver is at $40 an ounce. This is a ratio of 40 ounces of silver to one ounce of gold. So what is wrong with this picture? The only way to see through … Continue reading
