Where are we going?
Last year I told people - do you want to DOWnsize your portfolio? Well then invest in dow stocks. My prediction was that gold would continue to go up - it has, and that house prices would continue to go down. In fact we had a record low housing starts last month. Forget a slow summer, we will have a super slow summer.
As the moneyyards in New York run out of money we have some interesting developments. The gov of New York wants to tax internet downloads. I guess that we will now have an even more intrusive state.
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