After tuning into CNBC (Europe) in the morning I always need a good dose of reality. The best way to do this is to jump to Financialsense.com for commentaries and Stormwatch for the underlying fundamentals. I especially value Richard Daughty aka Mogambo Guru for his contributions that manage to combine knowledge, wits and irony in a style that has yet to be contested.
Seeing from my webstatistics that my steadily growing readership is more or less equally split into market pro's and non-economists who try to make common sense from the information overload we all suffer from, I want to point out the most worthwhile piece of writing for the latter group that will probably give you a very good understanding why interest rates are the most important driving force in today's global economy.
Jump to The Day After Tomorrow Part 1 and Part 2, written by Jim Puplava and Frank Barbera for some fantastic weekend reading. And don't forget to settle at least some of your debts on Monday!
It's only hypothetical - I truly hope so
Friday, April 29, 2005
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Posted by
The Prudent Investor
on
4/29/2005 08:55:00 pm


Labels:
interest rates,
mogambo guru
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