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Stock Ideas Top Headlines The Shape of Things to Come
Stock Ideas Top Headlines The Shape of Things to Come 
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SRGL went up 149% after my first alert, could it happen again?! I wouldn't be surprised if it happened again soon. Gold prices are still near all time highs and SRGL is holding steady in a volatile market. The overall trend still looks up so make sure it's on your watch list!! Location has got to be one of the most important things any mining company should focus on! |
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| The Shape of Things to Come |
| Tuesday, 06 May 2008 | ||||||||
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Karl Marx once said, “History repeats itself, first as tragedy, second as farce.” If you want a clue as to how the economy and market will act during the coming recession, you need look no further than the charts for 1998-2003. In the last quarter of 1999, U.S. GDP grew 7.3%, unemployment was 4% and change, and the 100 biggest companies in the U.S. (if not the world) were putting in all-time highs virtually every day.  One year later, the economy was dipping into recession (much as we are today). But unemployment (which would eventually crest 6%) was still below 4%. And the supposedly forward-looking S&P 100? Its blue-chip stocks had only given up 25% of their value, a mere half of the 50% these titans of industry would eventually lose before turning the corner. Today, we are just dipping into the recessionary “red zone.” Unemployment has already hit the 5% marker. And the U.S. blue chips have “only” lost some 10%-15% of their value, less than half the losses history warns of. Will this cycle end tragedy or comedy? That all depends on how well you prepare for the next downturn. Adam Lass Senior Editor, WaveStrength Options Weekly
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