Mining blogs about: Japan

High oil prices explained

Written by The BarkerLetter on May 6th, 2008

The following is the popular explanation for rising oil prices and a falling dollar:
… the dollar became the easiest currency to spend in the global market after World War II, when America’s runaway wartime production capacity supplied Europe and Japan. However, oversupply of dollars in the ’50s led the Central Bankers to redeem them for [...]

Recession? What recession?

Written by The BarkerLetter on March 18th, 2008

March 17, 2008
Greetings investors.
Call me an old fuddy duddy, but I was taught to wait for two consecutive quarters of negative growth before raising the recession flag, We haven’t even had one.
Nor have unemployment levels come close to the peak reached during the last recession in 2001.
And hey, what’s with the bookies over in Chicago betting the farm on a [...]