Archive for August 7th, 2008

Aug 07 2008

Deep Protracted Recession Coming but Important to Keep Things in Perspective

Published by Mark O'Byrne under Whimsy

Irish writer, Joe O’Connor has been appearing on RTE’s (Ireland’s national radio station – akin to the BBC) Drivetime in recent weeks with some witty, inspiring and uplifting poetry.
His beautiful words perfectly illustrate how an economic recession or depression is not the ‘end of the world’ rather simply a period of slower or declining economic [...]

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Aug 07 2008

Gold Investments Market Update - Gold Up 31% in First Year of Credit Crisis

Published by Mark O'Byrne under Market Updates

Gold
Gold finished trading in New York yesterday at $874.40, down $4.50 and silver was down 11 cents to $16.46. Gold has again recovered somewhat in Asian and early European trading and is trading at $883.00/883.40 per ounce (1058 GMT).

The credit crisis continues as evidenced in the world’s largest insurer, American International Group, reporting a quarterly [...]

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