Friday, January 11, 2008
Down over 240 points!
That was a painful day and it's been one painful start to the year. I don't know what's going to happen for the rest of the year. I suspect that the markets could bottom out by the 3rd quarter this year, but that's if consumer credit holds (and no other financial messes appear). If that consumer credit collapses or if inflation goes up significantly, well...
I'm not able to do so financially, but maybe now would be a good time to consider investing in some gold bullion if you have the money. You know, just in case.
gold, ouch consumer credit,