Debenhams, Marks & Spencer and AB Foods have all had their share prices affected by Next's statement today. Shares in Next (LSE: NXT) fell 14% in the morning and blamed the expectation of the continuation of the cyclical slowdown in consumer spending on clothing and footwear. We may see a further squeeze in general spending as inflation begins to erode real earnings … [Read more...] about Whoopsie: Next Plc (LSE: NXT) Says The Future Looks Bleak
The only thing that's an absolute certainty is that the vast majority of people will remain utterly clueless as to "what money is" until the very second AFTER they learn that their "fiat debt notes" are worthless...or that the bankers took all of their digital zeroes and ones they "believed" were "money in their account." In the meantime, most will remain blissfully … [Read more...] about Is It Too Late To Buy Gold?