What I am hearing around me

I am hearing so many crazy things around me lately. I do not understand why basic global economics is not taught in high school today. Maybe our kids would understand where our country is headed if they knew what was going on because they were taught the basics of how global economics works.

I am hearing very disturbing opinions of where people think our country is headed and also what they predict will happen soon. The general public does not pay attention to the “real” news out there, or they think it doesn’t apply to them. The news of Bear Stearns needing to be bailed out today should be a real concern to everyone. If the nations 5th largest investment bank can have such an emergency that the Federal Reserve and JP Morgan Chase need to bail them out of their financial problems, it’s just another sign that needs to be taken seriously. How much can the Federal Reserve really do to save our country if all our big investment firms start to collapse from mistakes made? Our FED knows that they are on the verge of causing hyperinflation. To save bad financial institutions with bail out money is necessary to prevent a run on the banks, but what will it cost us in the long run?

I predicted that Gold would do a pull back today, which it has…but not nearly as much as I think it should be pulling back. Those who are selling are also being offset by a lot more people buying in, so gold is almost stable right now. That’s scary…It means that confidence in our dollar is sinking more and inflation is about to probably get ready to pounce hard
on everyone.

***MARKET THOUGHT OF THE DAY*** Here is a little bit of news I am passing on some investments that should weather the storm of recession pretty well. BUY into Storage Facility Companies. Do your best research into each company first. Make sure they are solid in their balance sheets. The reason for the gains in these industries will be coming from those who get foreclosed on and need to take their stuff out of their homes to downsize. I am thinking this is a good theory, but I am not sure if people going through foreclosure will have enough money afford a storage place. What are your thoughts?***Disclaimer: I am not a “professional” and do not have a license to give advice and could be totally wrong in all my predictions or my feelings. If you decide to take my advice without doing your own research, that is not wise, and not recommended. Trade at your own risk and know that most individual investors (something like 90% +) lose money investing in the stock market.***