Interesting events on Wall Street: Dow falls 1000 points an hour before closing and then recovers. Gold is now the preferred currency as it again moves above 1200 USD/Oz and reaches new heights in Euro, SEK and other fiat paper. Key words to understand the Dows “recovery” late in the trading day: “plunge protection team“. Jim Sinclair on King World News, highly recommended:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/5/6_Jim_Sinclair.html
Economic Collapse
The Economic Paradigm shift explained – A Look into the Future
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Johnny Mellgren is a Swedish entrepreneur with a keen interest in macro economics and macro politics. This is his web site where he blogs about the economic collapse of our time, what to do about it and the economic future we create together. Contact Johnny Mellgren.
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I provide advice on investment portfolios for private and corporate clients. I also hold lectures in the history of money and the current economic collapse and how to protect your wealth in a time of transition.