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Odds 'n Sods:
Eric found this: Fed
Issues Gloomy Economic Forecast. The article begins:
"The Federal Reserve on Wednesday lowered its projection for economic growth
this
year,
citing damage
from the double blows of a housing slump and credit crunch. It said it also
expects higher unemployment and inflation. "
o
o o
RBS sent us this from a Tampa, Florida newspaper: In
home foreclosure, if it's not nailed down ...
o o o
I couldn't help but notice the New York market's closing spot prices for
platinum ($2,169 per ounce), gold ($944.60 per ounce) and silver ($18 per ounce).
This is still not anywhere near the top. My advice remains: dump your stocks during
the rallies, and buy gold and silver on the dips.
o o o
You might have heard an item in the news about a
magnitude 6 earthquake in northeastern Nevada. Its epicenter was near
Wells, Nevada. The quake was felt as far away as Boise, Idaho and Salt lake
City, Utah. I have mentioned the Wells area before, when I was discussing
geothermal home heating. Unfortunately, one of the drawbacks of geothermal
heating is that regions where geothermal heat is available generally also
coincide with earthquake risk. Living there, you have to take the bad with
the
good--and forget about masonry construction!
