Chuck

Why I Got Gold Wrong

Great quote in the office today,
"I have a bridge in Alaska that I'll sell you, cheap."

Gold Stocks: Five Points to Remember

America is going down the toilet, and my profits keep going up.
It just doesn't get any better than this.

[Something MUST be wrong with this... but darn if I can find out what it is. Thanks George ! ]

Is the Gold Rally Really Over?

Is it possible for the Fed Rate to go into the Negative?
That is.... the Fed will give away money and expect you to pay back less than what they gave you?
...
Bear Stearns Bailout could be one example ?
Then Citi, WB, and MA, V and who knows what else?

Taxes, Deficits, Inflation: They Spell Disaster

Listened to a similar comment on the radio on the drive into work.
At the end they said, ...
"Given the problems, it is estimated that Medicare runs out of money in 11 years, and that Social Security runs into the red 33 years afterwards."

So, I should panic with an 11 and 44 year advance notice?
Heck, I'm more worried about the damage the current administration can cause in just the next 8 or so months.

I'll panic about Medicare and Social Security in 5 years, not tomorrow.

Those Crazy Commodities

It's good to know that as the dollar drops, I'll still be able to get my OJ for Breakfast.
Coffee... maybe I can cut back on that, or stop going to SBUX, and pick it up at 7-11 instead.

Commodity ETFs Overbought; Gold Least So

I tend to drive about 10 mph faster than the speed limit around 25 - 45, and about 20 mph faster above 55 mph on the major highways.
If I get a 'ding' speeding ticket once every 3 years, say even $200 fine, it ends up costing me only 20 cents per day.

Until I'm approaching 65 years old, then I'll slow down a bit. Like investing, go moderate risk in the early years, and as you near retirement/ssn then move slower and put more money into P&G and Pepsi.