Tuesday, October 28, 2008
In this report I will review the advice and predictions I made on May 27, 2008 (exactly five months ago) in a report entitled Charting a Course Through the Recession.
In striving to be accurate, fair, and complete, and in the spirit of constant improvement, it’s important to review where we went right and where we went wrong. I’m pleased to say that many of my predictions were right on target. I didn’t anticipate such an aggressive dollar advance, but now I see this trend continuing for awhile. I am continuing to recommend some of the same prudent actions as always. Stay out of debt, keep cash close by, get some money out of the dollar (gold), and know your neighbors. And stay tuned for more from me in future reports.