The Prudent Ox Economics and Financial Blog

Common-sense thoughts on the US and global economies, gold, silver, commodities, interest rates, the Federal Reserve, foreign currencies, and government policy decisions that affect the markets.

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Location: Denver, Colorado, United States

Tuesday, September 19, 2006

Howard Ruff on Gold and Silver

Here's what veteran financial analyst and commentator Howard Ruff says about investing in precious metals:

"The worst financial decision you could make in 2006 is to ignore gold and silver. This one mistake will cost you more than all the dumb financial decisions you can make put together. Gold and silver are now early in a historic bull market that will dwarf the 500-1700% profits we made in the 70’s.

"...The forces that took gold and silver into the stratosphere in the 70s are back in spades, only more so. Several times more so!"

Click here to learn the reasons why Mr. Ruff is super-bullish on gold and silver.

Thursday, September 14, 2006

Real Estate Becoming A Liability

This article by Danielle DiMartino in the Dallas Morning News sums up my opinion on real estate pretty well.