Not so fast..... on a rapid gold price rise?

The dog has been busy tracking this for quite some time. Now we want to bring it to you the reader. The IMF has approved the sale of up to 403.3 metric tons of gold into the market. The dog theroizes IMHO that even though the dollar may devalue further...... gold prices will remain flat, possibly decrease slightly, or not have a rapid rise in price due to this action (sort of a gold stabilization move in the middle of all this global currency printing). Here is the article from the IMF for your review:

http://www.imf.org/external/np/sec/pr/2009/pr09310.htm

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Why does this site about economics and behavior exist??

Well, for starters......this site exists for anyone who is interested in learning. Furthermore, no matter what your economic and behavioral beliefs are........ we link you to great information to help you the reader understand what is going on in the micro and macro perspective. Then, armed with this information we hope that it will help you make better decisions in life that yeild positive results. How can you compete with people that have better information than you? Simple. By reading the same information and inter-bank communications they do so you can use it to your advantage. For this, the dog wants you the reader to read up on GAME THEORY(Wiki). Also, read here on GAME THEORY2 (Stanford Encyclopedia of Philosophy). Knowledge is power (Knowing the rules of the game). Executing financial maneuvers faster and better than the next guy will make you a winner of the game (Mastering the game).

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A moment of pause for 9/11.

The dog would like everyone to take a moment of pause for 9/11. This day is special to the dog as I was in Washington D.C. at that time in the NAVY when those tragic events unfolded. My thoughts and prayers go out............

Thanks to everyone for visiting the site. Feel free to leave thoughts in the comment section.

Will it take years to recover from the economic crisis?

The dog has just finished reading a great paper by Stephen G Cecchetti, Marion Kohler and Christian Upper entitled: "Financial Crises and Economic Activity". It covers an examination of recessions around the world and the economic consequences of those recessions. It is a must read on the BIS website. Here is the report:

http://www.bis.org/publ/othp05.htm

Tell us what you think........................