A blogger at Seeking Alpha seems to think so. Read more here...
JPMorgan Loss Could Be Next 'Shock' Event http://seekingalpha.com/a/j5lb $JPM $XLF
Saturday, September 29, 2012
3rd Quarter Winners and Losers - CAMI - Museum Quality US Coins for the Advanced Collector
3rd Quarter Winners and Losers - CAMI - Museum Quality US Coins for the Advanced Collector
A picture is worth a thousand words. The winner is.... SILVER!
(click to enlarge. Data from Finvez.com):
A picture is worth a thousand words. The winner is.... SILVER!
(click to enlarge. Data from Finvez.com):
Tuesday, September 25, 2012
Central Banks Are Still Big Gold Buyers; My Doubts About GLD; ECB Schemes Lift Gold - CAMI - Museum Quality US Coins for the Advanced Collector
Today's commentary is brief, but there are still big things happening in the world of PMs...
Central Banks Are Still Big Gold Buyers; My Doubts About GLD; ECB Schemes Lift Gold - CAMI - Museum Quality US Coins for the Advanced Collector
Central Banks Are Still Big Gold Buyers; My Doubts About GLD; ECB Schemes Lift Gold - CAMI - Museum Quality US Coins for the Advanced Collector
Monday, September 24, 2012
Have a Computer and Phone? Easily Buy Gold Plated Tungsten Products
You'll have to cough up a little extra for the call to China, but going to the tungsten-alloy.com website is essentially free of charge (aside from your monthly internet bill).
Here's the site: http://tungsten-alloy.com/gold-plated-tungsten-alloy-coin.html.
Surely, none of my readers would go to that site and purchase gold plated materials and pass them off as real, gold items. Perish the thought!
Again, this brings to mind some serious doubts about what is really out there in terms of physical supply, especially the bars held by ETFs like GLD, Give it some time, the GLD ETF will be a reminder to all that they never held any gold to begin with through GLD. This may not happen tomorrow - to wit, I am no advising people dump GLD tomorrow, but it clearly behooves the GLD holder to think about the ramifications of putting too many GLD eggs into one basket.
While I realize many hold GLD because they cannot hold physical gold in their retirement accounts, the recent attention this topic has received should make GLD holders consider the merits of buying physical gold and silver and to stay away from the paper GLD product which may be backed by a lot more Tungsten than gold.
Here's the site: http://tungsten-alloy.com/gold-plated-tungsten-alloy-coin.html.
Surely, none of my readers would go to that site and purchase gold plated materials and pass them off as real, gold items. Perish the thought!
Again, this brings to mind some serious doubts about what is really out there in terms of physical supply, especially the bars held by ETFs like GLD, Give it some time, the GLD ETF will be a reminder to all that they never held any gold to begin with through GLD. This may not happen tomorrow - to wit, I am no advising people dump GLD tomorrow, but it clearly behooves the GLD holder to think about the ramifications of putting too many GLD eggs into one basket.
While I realize many hold GLD because they cannot hold physical gold in their retirement accounts, the recent attention this topic has received should make GLD holders consider the merits of buying physical gold and silver and to stay away from the paper GLD product which may be backed by a lot more Tungsten than gold.
Sunday, September 23, 2012
Developing: More Gold Bars Found w/Tungsten
CNN video here is an eye opener. Easy solution for the average person is to acquire rare gold coins with about an ounce of gold (too little for counterfeiters to deal with). From Fort Knox to the Treasury to Comex Warehouses, or whomever -- all needs to be audited and confirmed as real gold bars. Imagine the thought of the GLD ETF not having nearly the gold it is supposed to have because of tungsten bars.
I would be on guard for a gold take down attempt. So far the press has latched on the coverage of gold bars known an PAMP gold bars.
This is another big weekend development in news surrounding gold.
Last week the NY Post broke the story about a single fake bar. Now more are popping up. This is nothing new... Tungsten Genesis
Consider this as well...
How to use Ultrasound test - http://youtu.be/rh0Mcagio5Q
From a commentator on Zero Hedge:
"
The only cost effective material for creating an insert would be tungsten (W) as it has close to the same density as gold (Au). However, the speed of sound in W is~5000 m/s whereas in Au it is ~3000 m/s (a significant difference). I'd be quite confident that ultrasound would detect this.
Materials other than W would be easy to detect by measuring & weighing the bar (density would be wrong). Uranium is detectably less? dense by speed of sound like W. Plutonium is denser but more expensive than Au."
I would be on guard for a gold take down attempt. So far the press has latched on the coverage of gold bars known an PAMP gold bars.
This is another big weekend development in news surrounding gold.
Last week the NY Post broke the story about a single fake bar. Now more are popping up. This is nothing new... Tungsten Genesis
Consider this as well...
How to use Ultrasound test - http://youtu.be/rh0Mcagio5Q
From a commentator on Zero Hedge:
"
The only cost effective material for creating an insert would be tungsten (W) as it has close to the same density as gold (Au). However, the speed of sound in W is~5000 m/s whereas in Au it is ~3000 m/s (a significant difference). I'd be quite confident that ultrasound would detect this.
Materials other than W would be easy to detect by measuring & weighing the bar (density would be wrong). Uranium is detectably less? dense by speed of sound like W. Plutonium is denser but more expensive than Au."
Argentina Seeks to Reduce Gold Hoarding
It is in this article, in Spanish, from a newspaper in Argentina. http://www.cronista.com/finanzasmercados/Bancos-y-casas-de-cambio-exportaran-el-oro-que-ya-no-pueden-vender-en-el-pais-20120911-0050.html.
The Mainstream media will eventually catch on.
The gist of the article leads me to believe that while it is not illegal to own gold in Argentina, its government has taken to regulating the purchase and sale of gold for FOREX purposes.
As economic conditions deteriorate in that country, people are naturally flocking to gold. This means competition for the government, which if it has any sense, is also hoarding gold!
Gosh, were has this script played out before?? Gold hoarding because people are shunning a broken fiat currency which then causes liquidity problems for said country to operate within the world banking system? Hmmm, it sounds like this has happened before in some other BIG country - back in the 1930s which led to gold confiscation. Oh, right, here in the U.S. New times, same old tricks. Next, we'll be hearing about the taxation of gold transactions and/or confiscation.
The Mainstream media will eventually catch on.
The gist of the article leads me to believe that while it is not illegal to own gold in Argentina, its government has taken to regulating the purchase and sale of gold for FOREX purposes.
As economic conditions deteriorate in that country, people are naturally flocking to gold. This means competition for the government, which if it has any sense, is also hoarding gold!
Gosh, were has this script played out before?? Gold hoarding because people are shunning a broken fiat currency which then causes liquidity problems for said country to operate within the world banking system? Hmmm, it sounds like this has happened before in some other BIG country - back in the 1930s which led to gold confiscation. Oh, right, here in the U.S. New times, same old tricks. Next, we'll be hearing about the taxation of gold transactions and/or confiscation.
Saturday, September 22, 2012
A Quick Summary: DEUTSCHE BANK: Western Economies Are Screwed, And Investors Face A 'Disturbing Paradox'
The authors of this DB report believe a gold standard is possible. I would disagree so long as there is a Shadow Banking system with its derivatives and notional value of over a quadrillion dollars and the ever traditional fractional reserve banking system that tolerates leverage at the excruciating levels of 40x or more which is ultimately a by product of Central Banking and accounting mumbo jumbo. The system of finances today are to corrupted to be inter mingled with a gold standard. The Gold standard is a lovely idea, but structural problems stand in the way. But I digress.
The problems DB also addresses with the colossally extreme levels of debt are in my opinion beyond ever settling (paying off) and can only be perpetuated by continuous restructurings which only lead to higher levels of debt. Is that really a cycle that go on to infinity? The bankers may be clever, but they are not eternal.
The unworkable solution would be a jubilee, or a reset of the system back to zero with a complete structural reform to prevent a new cycle of extreme leveraging. Banks, or the lending class hold an unprecedented level of control over society today. One upon a time, the leaders of eons ago, were smart enough to know that the lending class would from time to time (every 75 years or so) have to be neutered, or that debtors would owe forever. Jubilee was the answer and it worked.
That certainly was no fun for the lending class who ultimately have become the banksters as we know them today. They have never wanted jubilee as it starved them of fees and the ability to enslave people to permanent debt serfdom. They have since made sure to eliminate the concept of jubilee by becoming interwoven with government. Jubilee will never happen voluntarily again. As a result, at some future point we are doomed to a banking system implosion under its own weight and as it overwhelms the ability for society to share in the supply of available money. Yes, one day your ATM cards will not work. Then, the bankers will find a way to take over and control bartering. Humanity seems destined to lose out to the banking cabal no matter what. Now there's a cheery thought! Now go hug a loved one and go about your 'normal' business. lol.
DEUTSCHE BANK: Western Economies Are Screwed, And Investors Face A 'Disturbing Paradox' http://www.businessinsider.com/deutsche-bank-issues-a-terrible-warning-on-the-health-of-the-global-financial-system-2012-9?
The problems DB also addresses with the colossally extreme levels of debt are in my opinion beyond ever settling (paying off) and can only be perpetuated by continuous restructurings which only lead to higher levels of debt. Is that really a cycle that go on to infinity? The bankers may be clever, but they are not eternal.
The unworkable solution would be a jubilee, or a reset of the system back to zero with a complete structural reform to prevent a new cycle of extreme leveraging. Banks, or the lending class hold an unprecedented level of control over society today. One upon a time, the leaders of eons ago, were smart enough to know that the lending class would from time to time (every 75 years or so) have to be neutered, or that debtors would owe forever. Jubilee was the answer and it worked.
That certainly was no fun for the lending class who ultimately have become the banksters as we know them today. They have never wanted jubilee as it starved them of fees and the ability to enslave people to permanent debt serfdom. They have since made sure to eliminate the concept of jubilee by becoming interwoven with government. Jubilee will never happen voluntarily again. As a result, at some future point we are doomed to a banking system implosion under its own weight and as it overwhelms the ability for society to share in the supply of available money. Yes, one day your ATM cards will not work. Then, the bankers will find a way to take over and control bartering. Humanity seems destined to lose out to the banking cabal no matter what. Now there's a cheery thought! Now go hug a loved one and go about your 'normal' business. lol.
DEUTSCHE BANK: Western Economies Are Screwed, And Investors Face A 'Disturbing Paradox' http://www.businessinsider.com/deutsche-bank-issues-a-terrible-warning-on-the-health-of-the-global-financial-system-2012-9?
DJIA considering structural changes: report
Remember, stock benchmarks like the Dow and the S&P are MANAGED indexes, meaning that over time changes are made to the indexes when companies change hands, die, or become irrelevant. This means that stock indexes are skewed to a positive bias to reflect changing trends (positive trends). They are thus not a completely honest portrayal of what is really going on. But so be it. Certainly adding Apple, or Google could put additional shine on the Dow. As one example, how useful is it to have a single digit stock like Alcoa as part of the Dow? The best days of AA have passed and its moves as part of the price weighted Dow Jones average have a tiny impact on the overall Dow.
It would be a barrel of monkey fun to have Apple, or Google in the 30 component Dow on days when those two stocks alone could make the Dow go ape-you-know-what! lol.
I would hasten to add that gold is not "managed". It stands amidst the financial noise as itself whether the times are bad or good for gold. There is no substitute for it.
"SAN FRANCISCO (MarketWatch) — The owner of the Dow Jones Industrial Average is considering changes to make it more relevant and will discuss possibilities at its next meeting with major index users, according to a media report Saturday. The changes are being considered by Dow owner Stndard & Poor’s because the index is supposed to be a measure of U.S. industrial titans but doesn’t include Apple Inc [s:aapl], Google Inc. [s:goog] or Berkshire Hathaway Inc. [s:brk.a], the Financial Times reported, noting they are three of the largest U.S. companies. There would be problems adding them to the Dow bedause they would dominate the 30-stock index that’s weighted by price, the FT said. David Blitzer, chairman of the index committee for S&P DJ Indices, said the issue is being discussed, the FT reported."
Dave is among my Linkedin contacts. We interviewed him regularly at Bloomberg. Should I contact him about this? No, I'm sure he has better things to do, like figure out how to m ake the Dow more relevant.
It would be a barrel of monkey fun to have Apple, or Google in the 30 component Dow on days when those two stocks alone could make the Dow go ape-you-know-what! lol.
I would hasten to add that gold is not "managed". It stands amidst the financial noise as itself whether the times are bad or good for gold. There is no substitute for it.
"SAN FRANCISCO (MarketWatch) — The owner of the Dow Jones Industrial Average is considering changes to make it more relevant and will discuss possibilities at its next meeting with major index users, according to a media report Saturday. The changes are being considered by Dow owner Stndard & Poor’s because the index is supposed to be a measure of U.S. industrial titans but doesn’t include Apple Inc [s:aapl], Google Inc. [s:goog] or Berkshire Hathaway Inc. [s:brk.a], the Financial Times reported, noting they are three of the largest U.S. companies. There would be problems adding them to the Dow bedause they would dominate the 30-stock index that’s weighted by price, the FT said. David Blitzer, chairman of the index committee for S&P DJ Indices, said the issue is being discussed, the FT reported."
Dave is among my Linkedin contacts. We interviewed him regularly at Bloomberg. Should I contact him about this? No, I'm sure he has better things to do, like figure out how to m ake the Dow more relevant.
Forget About GDP, Look at Sagging Household Income
We are regularly bombarded with economic data and other information that attempts to protray the economy as bumbling along at a sub part GROWTH pace. The rebound in pockets of the real estate market from desperation lows to an improvement in the unemployment rate thanks to millions dropping out of the workforce are dishonestly heralded as signs of economic recovery. Yet, people know that something is just not quite right - that the reality of every day life and the optimism of a smattering of favored statistics (favored by those who benefit from the positive spin as opposed to the stark reality) are out of sync.
Here is a very simplistic, but real answer to why things just don't seem quite right.
Consider the chart below from John Williams and his Shadow Stats service. It shows REAL income, or income adjusted to account for inflation, or the sagging buying power of the dollar. Inflation eats away at buying power as it is like a tax that takes money away from you. Most don't realized just how fleeced they are over time by inflation and how they become poorer as a result.
As illustrated, real income is in the tank, where it was back in the 1960's. True, we take home more dollars (though real wage deflation is taking a toll as our economy becomes more services oriented) than in the 60's, those dollars don't go as far today.
The text book definition of recession is two consecutive quarters of GDP contraction. But since the GDP figure can be goosed by using unrealistically low inflation assumptions, I see GDP portraying the sub par economic growth it portrays as being useless and almost propaganda in its nature. On the other hand, when something like real wages is considered - it is no wonder why the present economic times feel tough. They are. This is a far more practical example of why it feels recession like in the great "out there".
If this chart were to have shown a rise in real income, then we could have a serious conversation about a return of prosperity. But there is no evidence to be found for that in this data series.
Here is a very simplistic, but real answer to why things just don't seem quite right.
Consider the chart below from John Williams and his Shadow Stats service. It shows REAL income, or income adjusted to account for inflation, or the sagging buying power of the dollar. Inflation eats away at buying power as it is like a tax that takes money away from you. Most don't realized just how fleeced they are over time by inflation and how they become poorer as a result.
As illustrated, real income is in the tank, where it was back in the 1960's. True, we take home more dollars (though real wage deflation is taking a toll as our economy becomes more services oriented) than in the 60's, those dollars don't go as far today.
The text book definition of recession is two consecutive quarters of GDP contraction. But since the GDP figure can be goosed by using unrealistically low inflation assumptions, I see GDP portraying the sub par economic growth it portrays as being useless and almost propaganda in its nature. On the other hand, when something like real wages is considered - it is no wonder why the present economic times feel tough. They are. This is a far more practical example of why it feels recession like in the great "out there".
If this chart were to have shown a rise in real income, then we could have a serious conversation about a return of prosperity. But there is no evidence to be found for that in this data series.
The Fiscal Gap is Really Over $222 Trillion Meaning the U.S. has NEGATIVE Net Worth
This is bad news here. In light of this week's release of Household Net Worth data at $62.7 trillion as of the 2nd quarter of this year - DOWN a tad from Q1 - the picture is gloomy. It's not so much that net worth slipped, but that compared to what is known as the "fiscal gap", or Alternative Fiscal Scenario (AFS) from unfunded liabilities at a staggering $222 Trillion that we see just how piled high and deep the country is.. By this measure, the U.S. has a negative net worth of in excess of $100 trillion when you consider that along with the $222 trl AFS...
-There is $16 trl in treasury debt;
-A Fed balance sheet of over $2 trl worth of junk paper to say nothing of the mystery $16 trln given to banks during the height of the financial crisis.
More on the AFS: Blink! U.S. Debt Just Grew by $11 Trillion http://bloom.bg/OMHrbd via @BloombergView
Oh, and the latest household net worth data dump from the Fed merrily assumes that all of that net worth can be liquidated. Paper worth vs real, future obligations do not portend happy financial times ahead.
And by the way, 68% of the so called net worth is financial assets, or over $51 trl. It doesn't take a rocket scientist to figure out that QE3 is aimed lock stock and barrel at inflating this realm. Good luck to them in keep the inflation bogey man in the closet.
-There is $16 trl in treasury debt;
-A Fed balance sheet of over $2 trl worth of junk paper to say nothing of the mystery $16 trln given to banks during the height of the financial crisis.
More on the AFS: Blink! U.S. Debt Just Grew by $11 Trillion http://bloom.bg/OMHrbd via @BloombergView
Oh, and the latest household net worth data dump from the Fed merrily assumes that all of that net worth can be liquidated. Paper worth vs real, future obligations do not portend happy financial times ahead.
And by the way, 68% of the so called net worth is financial assets, or over $51 trl. It doesn't take a rocket scientist to figure out that QE3 is aimed lock stock and barrel at inflating this realm. Good luck to them in keep the inflation bogey man in the closet.
Coordinated Toilet Flushing - A Hyperinflation Story
I have a trillion dollar Zimbabwe note in my desk for kicks and giggles. It is worth less than 1 American dollar. Zimbabwe is the land of hyper inflation and this coordinated toilet flushing is an unintended consequence of out of control monetary policy which exacerbates shortages of anything.
It sounds silly at first, but there is nothing funny about what has happened in that country. America is at that loss of control-point with QE3. I am not saying that Zimbabwe like hyperinflation is on the way for the U.S., but faster inflation (higher prices) certainly are along with eventual product shortages and all the fun stuff that comes with morphing into a third world financial basket case. Thus far, monetary hyperinflation here has been confined to the banking system. Let's hope it stays that way, or we'll all be flushing too.
Friday, September 21, 2012
Let The Market Rigging Continue; Gold and the Golden Cross - CAMI - Museum Quality US Coins for the Advanced Collector
Back to the races for gold; Stocks look to open higher....
Let The Market Rigging Continue; Gold and the Golden Cross - CAMI - Museum Quality US Coins for the Advanced Collector
Let The Market Rigging Continue; Gold and the Golden Cross - CAMI - Museum Quality US Coins for the Advanced Collector
Wednesday, September 19, 2012
Tuesday, September 18, 2012
Gold Haters Warm to Gold; Reminder: Gold is Financial Insurance; Banks and Criminal Money Laundering - CAMI - Museum Quality US Coins for the Advanced Collector
Please click the link below. Is gold really an "investment", or is it "insurance"? In these times, is an "investment" better, or "insurance". You can email me with your views at jimkingsland at gmail.com. Thanks!
Gold Haters Warm to Gold; Reminder: Gold is Financial Insurance; Banks and Criminal Money Laundering - CAMI - Museum Quality US Coins for the Advanced Collector
Gold Haters Warm to Gold; Reminder: Gold is Financial Insurance; Banks and Criminal Money Laundering - CAMI - Museum Quality US Coins for the Advanced Collector
Monday, September 17, 2012
Sunday, September 16, 2012
Will High Gasoline Prices Spoil Things for Obama? Will SPR be Used??
9/16/12
There are numerous commentators who are saying last week’s ‘open
ended” QE initiative announced by Fed Chairman Ben Bernanke is a deliberate move
on the part of the Fed to save the Presidency of Barrack Obama. I won’t jump
into that political speculation directly, but I would like to point out that
the Fed’s work may be all for naught in the coming months if the price of
gasoline hammers consumers to the point of taking their frustrations out on the
D.C. incumbents, including the President, on election day.
On September 13th, I commented on the ill timed
rise in gasoline for the President:
“Sorry to my
Obama fan readers. But this needs to be said. The high price of gasoline is
just the oil industry's way at settling some scores with Obama. How convenient
that prices go UP before the election this time? Just bad timing, or planned?
The higher prices shall be worth some near term pain, if it can get that guy
out of the White House. No one forced the big O to waste so much money on
green, or to act as he did with the XL pipeline, or to put the Middle East
region in a state of greater tension because he favors the
"brotherhood". I could go on and on. Sure, Brent has remained
persistently high, but that's just one factor. The recent fizzled storm that
shut in some Gulf production is a tiny factor and is over emphasized by the financial
press. Sorry to politicize gasoline, but I see this move as more than just a
coincidence in an election year. If these prices don't miraculously soon come
down, this high profile pocketbook issue might very well tip the scales to
Romney who needs all the help he can get.”
I made that comment on my http://www.financialbalderdash.com
blog. One subscriber even cancelled after I made the post! Lol. Yes it was on
the partisan side – how dare I point out a few failures of our present leader.
As it is turning out, perhaps it is not a conspiracy by ‘Big
Oil’ against Mr. Obama, but one of the first unintended fruits of the world’s
central banking policy of unlimited printing. Gasoline is up over a half dollar
a gallon in the last two months, or since the European Central Bank moved to a
stance of blind creation of reserves (printing).
Did someone forget that as the U.S. and Europe race to fiat
currency oblivion that maybe commodities prices, such as gasoline, might just
rise?? It makes me chuckle in a disparaging sort of way as these Central
Bankers are such fools.
It may very well be that they forgot that in the daily grind
for the average person (a majority of whom do not own houses), that the price to
fill up a tank to enable the grind to continue might draw more negative scrutiny than the thought of mortgage rates coming down another ½ a point in the coming
weeks? Are these policy makers a bunch of schlubs, or what? One must always consider Unintended consequences
and think outside of one’s reality. In the case of the Fed head, I would wonder
the last time he actually filled his own car with gas? Or, if he recently has
done such an average thing (which I am doubtful of unless he puts on a toupee,
sunglasses and skinny jeans to go out incognito), pump price might not resonate
in his mind since he could pay any price for gasoline as part of being of the
elite class.
In other words, they either never thought about what could be a
brick wall to the QE tricks, or they forgot about the masses who would be hurt by
high gasoline and what that could mean for the election outcome if there was
pressure put on the Fed to act in September to help the president.
Obama could very well lose the election come November if
gasoline prices continue to trend higher.
The SPR Solution Non Solution
BUT, and this is a big BUT: The president has already talked
about using the Strategic Petroleum Reserve (SPR) to attempt to force pump
prices lower. This little saga could bring some further surprises, though an SPR gambit to lower gas prices might fail. Here's why:
The SPR is
intended for real emergencies like a sudden cutoff of overseas of supplies, or
to supply crude oil for national defense purposes. The SPR was not intended to
be a solution to lower the price of fuel before an election.
Given the state of
the oil industry, a release from the SPR would bump into constrained refinery ability.
The solution is not more oil to lower pump prices. Another four years has passed with little progress on the issue of national energy. While I am thinking that Romney would not necessarily make a greater difference over the next four years on the matter, I highly object in the short term for the potential that the SPR may be misused.
I can already see it now. What was supposed to be an energy savings account (SPR) gets used to try to lower pump prices for the convenience of holding on to political power, setting a new precedent that would fritter the energy savings account away.
The solution to getting whacked at the gas station would actually
be to have a sane Fed, better foreign policy for a more peaceful world and a
long term energy plan to reduce the need for oil from most countries that hate
us to begin with! But that would be hard to do as the real solution lie in the real of serious structural reform and in today’s society it’s all
about taking the easy way out with band aid repair that fail to cure the core problems.
And when push comes to shove, the situation will boil down to an Administration's power grab and not something aimed directly help people reduce to cost to drive. They will sell it as help to us, but you should know better that it is really help for them.
Nothing would surprise me anymore – even a vain
attempt by the present Administration to use the SPR for political gain. If
they do, they should be wary of unintended consequences. Stay tuned.
Saturday, September 15, 2012
Should We Thank Ben Bernanke For Buying Us More Time To Prepare for the Future Dollar Collapse? Thoughts on QE3…
Testing Google Plus.... cleaned up some typos and changed headline, enhanced perspective.
Should We Thank Ben Bernanke For Buying Us More Time To Prepare for the Future Dollar Collapse? Thoughts on QE3… - CAMI - Museum Quality US Coins for the Advanced Collector
Should We Thank Ben Bernanke For Buying Us More Time To Prepare for the Future Dollar Collapse? Thoughts on QE3… - CAMI - Museum Quality US Coins for the Advanced Collector
Thursday, September 13, 2012
My Brief Take on the High Post Labor Day Gasoline Price
Sorry to my Obama fan readers. But this needs to be said.
The high price of gasoline is just the oil industry's way at settling some scores with Obama. How convenient that prices go UP before the election this time? Just bad timing, or planned? The higher prices shall be worth some near term pain, if it can get that guy out of the White House. No one forced the big O to waste so much money on green, or to act as he did with the XL pipeline, or to put the Middle East region in a state of greater tension because he favors the "brotherhood". I could go on and on. Sure, Brent has remained persistently high, but that's just one factor. The recent fizzled storm that shut in some Gulf production is a tiny factor and is over emphasized by the financial press.
Sorry to politicize gasoline, but I see this move as more than just a coincidence in an election year. If these prices don't miraculously soon come down, this high profile pocketbook issue might very well tip the scales to Romney who needs all the help he can get.
Wednesday, September 12, 2012
Tuesday, September 11, 2012
Kid makes Ron Paul friendly video, gets a visit from the FBI
I know Ron Paul has no chance, nor Gary Johnson and that getting Mr. Obama out of office will require voting for Romney, but read the comments section of this video. Very revealing stuff on how the political establisment harasseses people with differing views.
Monday, September 10, 2012
Fresh Record High for Gold; The Bond King Likes Gold; Will Bernanke Spike or Spook the Punch Bowl? - CAMI - Museum Quality US Coins for the Advanced Collector
Fresh Record High for Gold; The Bond King Likes Gold; Will Bernanke Spike or Spook the Punch Bowl? - CAMI - Museum Quality US Coins for the Advanced Collector
... also, the latest on Vlad Putin and his love for gold.
... also, the latest on Vlad Putin and his love for gold.
Friday, September 7, 2012
Laborless Friday, Gold Rallies Further; Putin’s Affair with Gold - CAMI - Museum Quality US Coins for the Advanced Collector
Happy FridaY,the same mush from the monthly employment reports..... gold continues to rise....
Laborless Friday, Gold Rallies Further; Putin’s Affair with Gold - CAMI - Museum Quality US Coins for the Advanced Collector
Laborless Friday, Gold Rallies Further; Putin’s Affair with Gold - CAMI - Museum Quality US Coins for the Advanced Collector
Thursday, September 6, 2012
Gold Makes Another Move Above $1,700: Brace for Draghi and Employment Friday - CAMI - Museum Quality US Coins for the Advanced Collector
A busy next couple of days, into a busy next week.
Gold Makes Another Move Above $1,700: Brace for Draghi and Employment Friday - CAMI - Museum Quality US Coins for the Advanced Collector
Gold Makes Another Move Above $1,700: Brace for Draghi and Employment Friday - CAMI - Museum Quality US Coins for the Advanced Collector
Wednesday, September 5, 2012
Tuesday, September 4, 2012
The U.S. Is Really On The Hook for $35 TRILLION Dollars, or the Case of the $16 Trl Hole at the Fed - CAMI - Museum Quality US Coins for the Advanced Collector
The U.S. is poorer than you realize thanks to Ben Bernanke, the Central Banker chosen by Bush and allowed to continue by Obama. It only further proves that both mainstream parities are in on the fix: Spending the country to death.
The U.S. Is Really On The Hook for $35 TRILLION Dollars, or the Case of the $16 Trl Hole at the Fed - CAMI - Museum Quality US Coins for the Advanced Collector
The U.S. Is Really On The Hook for $35 TRILLION Dollars, or the Case of the $16 Trl Hole at the Fed - CAMI - Museum Quality US Coins for the Advanced Collector
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