Paul’s Economic Outlook:
Again, not much real news leading up to Federal Reserve meeting on December 18th. A lot of spin to move markets temporarily. Do not get caught in the wrong investments.
A.M. Kitco Metals Roundup: Gold Solidly Up On Short Covering, Bargain Hunting; Bears Appear Exhausted
Spin title, good article. There is a lot of upcoming important data to be released in the next week. Gold up temporarily. Good time to get out of gold before 2014 down slide.
Fed Stimulus Blunted as Software Replaces Hardware
Spin article. Fed stimulus gave easy money to the government, public unions and the markets at the expense of leaving nothing left over for individuals and private businesses. This needs to end.
CHINA: Our Smog Is A Major Defensive Advantage On The Battlefield
Spin article. 104 cities can’t see more than 30 feet in front of their face and it will just get worse. They have an aging populace (one child per two parents), inflation, real estate bubble, etc. This is a house of cards waiting to collapse.