February 11, 2010
Author: William M. Davis
The investment forecast for 2010 according to a John Myers report – Washington is trying to jumpstart the economy with unprecedented amounts of money. Yet the old economist adage holds, “It’s like pushing on a string” said John Meyers, editor of Myers’ Energy and Gold Report.
Will the Economy Improve?
Unless there is demand for money by willing lenders and borrowers the economy is not going to improve. What is going to happen is a train-wreck for the dollar. The dollar is more than 14 percent off its March peak, and some worry that additional losses could prompt foreign investors to start …