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Randy

Randy

Contributor since: 26 Feb 2010

  • Is This 1930 All Over Again?

    Published 13 February 2009 | viewed 8,996 times

    Before moving on to the main topic allow me to point out that Timmy Geitner (our new Treasury Secretary) wasted no time getting up to…

  • Economic Tsunami of 2009

    Published 22 December 2008 | viewed 18,861 times

    Before you ask" "why should I give any credence to this article?" Please take a couple of minutes to read my 2008 assessment - written…

  • The Las Vegas Gravy Train has Ended

    Published 20 December 2008 | viewed 8,914 times

    The Las Vegas economic boom of the last decade, much like the broader nationwide housing bubble, was fueled by cheap credit, irrational exuberance and a…

  • Las Vegas: Gaming Revenue Down 16%

    Published 13 July 2008 | viewed 4,809 times

    Going back to 1970, there has only been ONE OTHER time (since this recent economic downturn) where gambling revenues actually fell -- in the aftermath…

  • Las Vegas Downturn Gathering Momentum

    Published 14 June 2008 | viewed 7,359 times

    I've been warning folks about the looming Las Vegas downturn since the height of our economic boom back in early 2006 and since that time…

  • Bernanke's Next Moves

    Published 08 June 2008 | viewed 5,182 times

    Federal Reserve Chairman Ben Bernanke this week took the unusual step of defending the US Dollar and stated: "We are attentive to the implications of…

  • DOW -- Trouble Ahead?

    Published 08 June 2008 | viewed 5,937 times

    Last Dec/Jan the major US equity markets experienced significant sell offs, and the Dow nearly plunged through 11,600, but support was found, and for the…

  • US Economic Outlook 2008-11+

    Published 28 May 2008 | viewed 7,220 times

    My draft Economic Outlook briefing (posted up 7 days ago) received over 1,375 reads and was downloaded many, many times. I hope you like this…

  • Bailing Out in Flood of Debt

    Published 24 May 2008 | viewed 6,016 times

    Regardless of what the mainstream shills are saying, the credit crisis is far from over and a myriad of future economic troubles continue to brew…

  • Nevada Tops in Foreclosures AND Price Declines!

    Published 30 April 2008 | viewed 4,800 times

    Housing prices post record declines--Las Vegas, Miami and Phoenix all saw prices plummet by at least 20%. And so far, there is no sign of…

  • End of the road for FOMC rate cuts; Pause to come?

    Published 26 April 2008 | viewed 4,750 times

    Consensus feels, due to rising inflation pressures, a slowdown in unemployment figures, a rising equity market and a less volatile credit market, that the FOMC…

  • The Las Vegas Economic Downturn Has Started

    Published 15 April 2008 | viewed 6,141 times

    The spillover effect from our national economic downturn has finally started to impact Las Vegas, and casino layoffs have officially begun (as I've been forecasting…

  • Tail Wagging the Dog

    Published 27 March 2008 | viewed 6,128 times

    The Fed is trying to consolidate its power base March 27 (Bloomberg) -- America's financial system faces its biggest overhaul since the Great Depression as…

  • Nefarious Market Manipulation

    Published 18 March 2008 | viewed 7,902 times

    As I wrote in my Sunday post: Tumultuous Week Ahead, the Plunge Protection Team (PPT) certainly has been busy. Yesterday, the team bailed out/monetized Bear…

  • Tumultuous Week Ahead

    Published 16 March 2008 | viewed 6,696 times

    I imagine the Plunge Protection Team (PPT member pictures below) put in quite a bit of overtime this weekend -- in an attempt to repair…

  • Final US Economic End-Game

    Published 09 March 2008 | viewed 8,681 times

    Before getting started, I really need to thank several of my readers, because it was their intelligent questions that led me to this article. I…

  • Iran's Oil Bourse Set to Open this Sunday

    Published 15 February 2008 | viewed 7,054 times

    It looks like the long awaited opening of the Iranian Oil bourse is finally here. This crucial issue has far reaching implications and could become…

  • Las Vegas Tops Foreclosure List

    Published 10 February 2008 | viewed 5,682 times

    Las Vegas tops foreclosure list: The Las Vegas Valley is home to seven (eight if you include Henderson) of the top 10 zip codes and…

  • OPEC May Drop Dollar for Euro

    Published 09 February 2008 | viewed 5,873 times

    As I've stated previously, for over 3 decades now, U.S. Oil pricing agreements with OPEC have provided THE foundation for the US dollar's elite status…

  • GOLD -- How High?

    Published 31 January 2008 | viewed 5,528 times

    Well, as expected, the Fed cut rates again today and Gold took off while the dollar fell. Bernanke cut rates on December 11th, followed it…