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Even with oil north of $60, airline tickets are incredibly cheap right now. This latest example of price deflation just popped into my Inbox, courtesy of Jet Blue: Related reading: When will price deflation turn into hyperinflation?
Breakfast was easy this morning, as I continue to wipe plenty of egg off my face from my recent deflationary call on the markets. I moved my wife’s 401K stash from gold stocks into pure cash, as I thought gold was looking toppy and not acting well. Since that time, gold fell a bit, and […]
Just caught the latest Marc Faber TV interview on Bloomberg. Some quick notes on his thoughts: Believes the March 6 stock market lows were major lows for awhile If the S&P drops towards 800, we’ll see new stimulus plans and loose money…and if it drops towards 700, we’ll see even more…thus the lows are likely […]
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