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Archive for June 28th, 2011

28
Jun

S&P/Case-Shiller Home Price Index Falls

San Diego real estate agent
San Diego real estate agent

S&P/Case-Shiller Home Price Indices report was just released this morning. Unfortunately, it seems to indicate that home prices have still not hit bottom. Though, the decline in home prices seems to be slowing, which is a good sign. For April 2011, the Case-Shiller index registered a decline of 4% from March 2010. This April reading is the lowest reading since November 2010. Read more »

28
Jun

Economy, Inflation, Gold, Economic Growth

The rising prices in the economy aren’t transitory. The best evidence of this is the fact that Ben Bernanke believes that it is. Anything that he says is wrong. Economic activity is contracting, especially in terms of gold and silver. It is only all the inflation that is giving the illusion of economic growth. The dollar will most certainly collapse, perhaps as early as this fall.

Look at the fundamentals, the reason gold is rising in price is because of the weakness in the dollar, and its steady decline in value, this will continue until there is a end to the expansion of the USD moneys supply.

Crystalline gold