Euro

Are They Serious? Fed Takes Mortgage Debt as Collateral, Bear Stearns Gets Bailout, and President Bush is Confident in the Economy!

by Joshua Dorkin | March 14, 2008

This week has been an extremely volatile one in the world of real estate and the economy. We’ve seen Gold at $1,000 an ounce, a collapsing dollar, oil skyrocketing, an much more. Of everything that has happened, probably the most shocking is what came out of the Fed this week . . . According to [...]

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Economy

Real Estate Crisis Worsens and Takes the Rest of the Economy Down with it!

by Charles Feldman | March 12, 2008

If someone were to have said, say a year ago, that there would be a crisis in the subprime mortgage market that would lead to world-wide economic chaos, that person would no doubt have been laughed at. Sadly, though, that is exactly what has happened and the evidence just this week is overwhelming. But, before [...]

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Economy

Signs of a Weak US Economy: Gold Screams, Dollar Falls, Euro to the Mainstream?

by Joshua Dorkin | September 29, 2007

On Friday, Gold hit a 27 year high as investors around the world ran to safety from the plummeting US dollar. Hitting $752.80 an ounce, Gold is at levels we haven’t seen since January of 1980. Additionally, the dollar index, which measures the greenback against six major currencies, fell 0.8 per cent to a record [...]

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