Posts Tagged ‘ $700 billion bailout ’

The Bailout Should Benefit Precious Metals

Oct 2nd, 2008 | By Byron King | Category: Commodities
We’ve been witnessing utter political bumbling in Washington, D.C. — beyond the scale of a mere $400 million “Bridge to Nowhere.” Here’s the central fact: Congress spent years enabling the crooked dealings of Fannie Mae, Freddie Mac and the like. Now some of the key political perps are writing the ...read more


Gloomy Dollar News Strengthens Precious Metals

Sep 24th, 2008 | By Byron King | Category: Commodities
Why are precious metals moving upwards? After all, the market smashed them down all summer as the dollar strengthened. The short answer is that right now gold and silver are the only decent game in town. Yes, there are a few other asset and income plays as well in the market. ...read more