http://www.augustforecast.com Bringing the Future Into Focus Thu, 02 Feb 2012 18:45:22 +0000 en hourly 1 http://wordpress.org/?v=3.2 http://www.augustforecast.com/2011/08/03/findings-forecasts-08032011/?utm_source=rss&utm_medium=rss&utm_campaign=findings-forecasts-08032011 http://www.augustforecast.com/2011/08/03/findings-forecasts-08032011/#comments Wed, 03 Aug 2011 22:55:11 +0000 Patrick Wood http://www.augustforecast.com/?p=5140 The next economic phase of the Great Depression II has started. Retail spending is contracting along the entire service sector. Europe is on the edge of complete financial meltdown.  Ex-CEO of Goldman Sachs, Jon Corzine, could be the replacement for Timothy Geithner. The 8-9 day drop in stocks that concluded today was historic, and broke down many bullish arguments for higher prices. Gold is gleaming, but it has serious issues.

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