Wednesday, August 26, 2009

Desperado

"Desperado, why don't you come to your senses......" The Eagles.

If you think the economy is fine, ponder this....

Got cash for your clunker? Now it's cash for refrigerators!....link
Let's go garage saling, California style! Arnold signs cars for sale to pay his salary...link
Rhode Islanders need a vacation, so the gov is shutting down for two weeks! Who do they think they are, Congress.....?....link

Don't lose sight of the reality facing us simply because you WANT to believe what you are hearing from the MSM (main stream media).

Tuesday, August 18, 2009

Schizophrenia in the marketplace

You all saw the price action in gold and silver yesterday, owie! All the silver and gold stocks on my portfolio watchlist were down nearly 10%.

Now fast forward into the far, far distant future, today and look at the headlines:

Gold rises as investors' doubts about recovery rise once more
Gold tipped to glitter again
Gold, Silver and Platinum recover, FTSE 100 poised to snap losing streak

What a difference a day can make. Invest in Big Pharma; surely their sales are up.

Friday, August 14, 2009

Make sure to check out this interview with Trace Mayer and John Rubino regarding digital gold currencies and the collapse in the value of the dollar.

Link: here

John Rubino co-authored "The Collapse of the Dollar" with James Turk.

James Turk is the co-founder of GoldMoney.com (link). An organization located on the Jersey Islands that stores silver, gold and platinum for clients in Zurich or London. It's a digital currency system that can be used to settle transaction and trade metal. It's pretty slick. You can sell your metal into any currency you wish, swap metal for metal and swap currency for currency.

And in a jam, you could hop on a speed boat, go to Panama, open a bank account and wire funds to yourself from your GoldMoney account. If you don't understand why you'd do that you may eventually. But doesn't that sound fun anyway. Order a martini when you get there; shaken, not stirred! And get a hat.