golfitobob's  Instablog

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Not much to tell. Born in NY, NY in 1955 and at age 7 my Jewish dad thought I should go with him to the brokerage house. Not tee ball or pop warner football. Such is life. All I know is the market for 49 years and am now retired at 53 ( now 56) and 3 years living in Panama an 5 before in Costa... More
  • Greece:Europeans , Bernanake , Sec Geitner and Obama are MADD. They are destroying our world and were letting them do it. And, it will all end soon. They must be stopped ! 7 comments
    Oct 22, 2011 2:48 AM
    Well yes ! Dam I am angrey. This world is my home too. What right do a handfull of monsters have to destroy the quality of life to protect a small amount of investor friends. Just like the Bush years when his entire Goldman Sacks group would have lost everthing ,so Let there be TARP. And, it will do all these things to help. And, then... It changed and all the money went to GS and they circled the wagons and bought each other out an all got the solid gold parachutes ! The entire USA got the shaft an the bill. But, Ben said.. hey... just don't pay. I can ,an will, just print. And, I will print until my term is up. But, the he got another term. So, he continues to print and now Wall Street wants another dose. More QEEEEEEEEs please !

    This isn't reality ! It is insanity. The Europeans and Americans just spend an spend ! Then, just want to print there way out. The US debt is trillions and unfunded liabilities have so many zeros who can say what it really is.
    The definition of insanity is doing the same thing over an over and thinking the debt will go away ! It is growing faster an faster and most on SA think hmmmm Will we get QE3 ?

    Now, Europe is taking Ben's bernakeism as the new norm ! It is the NWO an they way things are. Flood the world an keep it coming !
    We need it ! We want it ! Ffff we demand it. Kill the Republicans. Protect Ben an his computers at all costs. Heck will hock the solar system. We want MORE !
    The FED has printed so much hot paper the entire G20 is in a rush to devalue there currency and last one to the bottom is toast.

    The world starting with the BRICs an OPEC are going to drop the Reserve and as S Korea just did & will back paper with gold. This must all stop ! Soon and we better wake up as the rich know this ! They have taken steps to continue there way of life,but, the masses are clueless! The money cartels are all a house of cards.

    We all seem to close our eyes and if the DOW & S&P go up all must be good. Jobless 25,000,000 who cares. Millions hungry ! WHO cares ! 12% of US families in poverty,who cares Give us more QE 's. Give Europe more QE's !

    Obama, hey spread it around. Poor people join me. Lets go take it. Vote for me. Cookies and cake for all. They want class warfare then count me in.

    Screw everything else. Well folks, soon Ben and his super fast computers won't fool the 7 billion people getting shafted by this horrific game. And, the US will find the masses in the streets a thousand times greater like that of the thousands in Italy and 50,000s in Greece. Even the US is seeing the beginnings and there building bases in many cities. It has begun ! Gold an land with water.....

    IF the world bails Greece out and lets them wash away all those billions we will set an example all countries will choose to use and this fiat world will just be getting started. This isn't a slippery slide it is Everest ! lol, gb
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Comments (7)
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  • TruffelPig
    , contributor
    Comments (4208) | Send Message
    I agree. Enough heroin already. Markets have to heal based on the mechanics of markets.
    22 Oct 2011, 10:54 AM Reply Like
  • golfitobob
    , contributor
    Comments (2346) | Send Message
    Author’s reply » TP, every bone in my body tells me the world is going to drop the dollar as the "reserve" soon. 2 years tops. That will collapse the dollar's value and I believe the powers that be ! Want this as a way to cut the debt. I am out of US dollars. Yuan , Real, silver an some gold and the Colones in my Costa Rica account.....


    As soon as I can get foreign accounts that qualify for my IRAs I am moving them.........I will stick to my 3X ETFs an back to cash an I will figure a way to move it....................... gb
    22 Oct 2011, 11:25 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4208) | Send Message
    The Yen is already way up - that supports your view. Some other currencies too. I will buy Gold on dips when we go up with stocks.
    22 Oct 2011, 02:08 PM Reply Like
  • golfitobob
    , contributor
    Comments (2346) | Send Message
    Author’s reply » TP, all commodity currencies will go higher.
    22 Oct 2011, 02:16 PM Reply Like
  • Michael Clark
    , contributor
    Comments (12006) | Send Message
    Many of us agree with you. This is the path one gets when one perverts the Doctrine of Greed into a Religion. Look at the Religious Right: when did Christianity become a religion that justified Greed as a sign of God's blessing? Jesus told us power in the world and wealth were Satan's blessings, not God's.
    23 Oct 2011, 03:20 AM Reply Like
  • golfitobob
    , contributor
    Comments (2346) | Send Message
    Author’s reply » MC, this is not a Rep right issue or the blame of the "Religious Right"


    Nowhere is debt used to give to anyone.


    As a Jewish person who loves the L-ord, excuse me for NOT being a fan of Jesus..


    There is much we could go to a verbal war about concerning him and what has been done in his name.


    ALL politicians( o/k 98 % ) in the US are out for themselves for decades ! and FDR an his progressive Rep Teddy set the US on a path of destruction. And, the most religious lunatic of all was Mr. Christian himself President Wilson. The lowest of the low !


    WE are ALL are responsible for each other ! Not the Gov and you of all people know the " never a lender or borrower be " is a Jesus doctrine and maybe now removed ?!


    The religious Right pay there taxes and give more charity than any other group except for Jewish people.


    As we both know that G-d's Law is the true Law and mans laws are not H-s ! So, mob rule a/k/a democracy is in itself anti-G-d and I think many in your group think they won't be judged by saying Jesus's name ! All will be judged ! And, no free passes !


    As far as what the rich must do. Look to Leviticus and see it is 10% + 10%........... So, the rich are dealt with and the good will give MORE. But, greed is BAD and charity is from the heart. It was Jesus who said give on the Ceasar .but, the 10 % ( + 10% ) was to be used by the Temple an Churchs to help the poor.


    I am glad many agree we me ,but, I just felt like this world belongs to all of us and what is being done MOSTLY by the US an the FED is hurting all the 7 billion people on this planet. All "they" are concerned with is keeping the artificail wealth for the handfull !


    Greed or fear ? Life will change and your Bible tells this as clear as day ! Shalom, Michael, G-d Bless you gb
    23 Oct 2011, 04:54 AM Reply Like
  • Michael Clark
    , contributor
    Comments (12006) | Send Message
    I agree, Golftobob. My comment about the Religious Right was an incomplete comment, an observation. I did not include another paragraph about the non-Religious Left, which would have been a more balanced comment.


    God bless to you,


    24 Oct 2011, 03:49 AM Reply Like
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