...But Gold Is Up
Friday, October 19, 2007
The Dow is down 366 point; Nasdaq down 74. One U.S. dollar will buy you 96 cents Canadian. And now Caterpillar says the U.S. economy will be "near to, or even in, recession" by next year. Do you ever get the feeling that it's all going to hell-in-a-hand-basket? I feel sorry for those baby-boomers who were looking forward to retiring in the next few years. The fed is going to eat their lunch.
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