Trade and business are collapsing. Unemployment is soaring. The boom is busting worldwide on a very large scale. This is evident now. In January of 2008, stock markets around the world began to recognize and forecast future economic decline by falling in price significantly. The U.S. stock market at that point declined 20 percent to its 2006 level, and the Shanghai Composite was down 20 percent. By May Shanghai was down 50 percent. It is now down by 67 percent. U.S. stocks are now down about 50 percent, as the recession has worsened. Recession and its anticipation forces the values … Continue reading Gold, Stocks, and Government