Posts Tagged ‘ credit crunch ’

Oil Prices Down…for Now

Nov 6th, 2008 | By Byron King | Category: Economics, Energy, Investing Strategies, Oil
Along with the market decline, the price of oil has fallen. It’s down 50% within three months. Back when oil hit $147 per barrel in July, I said that the price “ought” to be in the range of $100-110, with the possibility of a drop into the $90s. That’s what ...read more


The Trouble with Cheap Credit

Sep 3rd, 2008 | By Whiskey Contributor | Category: Economics, Housing
A Texan customer who came to see me a few months ago told me a story which illustrates the fine mess we’re in. In the 1980s boom his neighborhood boasted not one but two commercial real-estate developers, both of whom were building shopping malls. The one developer was cautious. He’d already built ...read more


Autumn in August?

Aug 22nd, 2007 | By Adrian Ash | Category: Gold, Macro Economics
“In a credit crunch, it's often said, cash is king. In which case, gold's just been crowned emperor.” AT LEAST THE weather here in London suits the markets. More like October than August, the constant drizzle is broken only by chill gusts of wind, rattling the windows like a late autumn ...read more