mlyn

Paulson Doesn't Have the Answer to the Run on Deposits

Everbank.com was not involved in the subprime mess. It is privately held. One of their recent newsletters stated their financial condition which is excellent.

Paulson Doesn't Have the Answer to the Run on Deposits

Look at everbank.com for CD's in foreign currencies. Foreigners were kind enough to invest in the US dollar for many decades. Now is the time to get out of US currency and diversify into other curriencies, fiat though they are. Otherwise gold and silver are still the best bets.

Citi's in for More Pain

Go to GoldMoney.com and read James Turk's take on C, written in March after the Bear Stearns crash.

International ETF Update: Single-Country ETFs, Investing in Mexico

Currently Mexico is an exporter of oil to the United States. Its biggest oil field, Cantarell (sp), is depleting. Most of the oil revenue disappears into the government bureaucracy. So domestically and globally, Mexico is on a cliff, unless many of its other natural resources (precious and base metals) can take up the slack. But it still needs oil.

International ETF Update: Single-Country ETFs, Investing in Mexico

Currently Mexico is an exporter of oil to the United States. Its biggest oil field, Cantarell (sp), is depleting. Most of the oil revenue disappears into the government bureaucracy. So domestically and globally, Mexico is on a cliff, unless many of its other natural resources (precious and base metals) can take up the slack. But it still needs oil.

BRIC Is for Real

Good article and good comments. China's long-term strategies puts American capitalism and "Democracy" to shame. All Americans need to sacrifice, including the environmentalists. We have been living "high on the hog" for years with cheap oil--somebody else's oil. We need to develop our own and/or live conservatively. The bottom line is that we need political leadership. Our political parties sold us down the river through greed, bickering, and neglect. The American people need to be responsible and better informed.

10 Reasons To Steer Clear Of Dollar Denominated Bonds

To the first poster, aka_bozo, who cites the "righteousness of America, the goodness of the American people, the virtue of American business, and the holiness of America’s government and business leaders," that's just spin from the powers-that-be to take your money. The retail investors, the middle class, the 9-to-5s, the generations-to-come, the baby boomers, however one wants to name them, are going down the tubes if they don't wake up.

As for naysayers to gold, please, do some research: Gold is money BECAUSE it cannot be eaten, doesn't run your car, doesn't earn interest. In other words, its value comes from it being rare. You gotta dig it out of the ground; you cannot "print it" and "loan it" into existence. Central bankers have been manipulating the price of gold for years because they know that when fiat currencies lose value, gold is all there is. The fact that bankers are now trying to keep a cap on a volcano of gold value, tells me the US dollar's crisis is about to happen. When all the other currencies become devalued, one hopes the American people, including aka_bozo, have some gold and silver to cash in because bonds won't help them.

From Housing to Employment: We're in Big Trouble

"Collapse of civilization as we know it," will be due to the lack of leadership in the US since President Carter warned us about the dwindling domestic oil. We have no energy policy of conservation and renewable energy. The paradigm has irrevocably shifted: Cycles are based on the US consumer and stock markets. They don't work in the new paradigm of other emerging middle classes who are now consuming. Market cycles in the past didn't account for Peak Oil nor Climate Change.

If you want a reality check, go to chrismartenson.com and take his "crash course." Another reality check is in this news article that has kept the wool pulled over our eyes: www.tampabay.com/news/...#

The kids today should go into the agricultural fields and work instead of the immigrants. There are no white collar jobs for all of them. The FIRE industries were our putting all our eggs into one basket (finance, insurance, real estate). Otherwise they should study the kinds of sciences (engineering, ecology, geology, biotechnology, food science, etc) that foreign students are excelling in.

Start growing your own food.

Time to Buy Copper....Again?

We need to be mindful of the rest of the developing nations' needing commodities as well. Copper may be a bigger play than gold, not to put down gold by any means. With sovereign wealth funds flushed with US dollars, watch for foreign investment of mining companies.

Food and Energy Prices: Lessons From the '70s

check out this article by political commentator, Kevin Phillips:

www.tampabay.com/news/...#

Will U.S. Markets Crash Now - Or Later?

To e2800: No, you can't take gold with you, but having a gold standard means the Fed cannot print more money than it has gold in storage. Without the gold standard, or some other standard, to enforce some discipline, the Central Bank, all of them, are printing currencies like you wouldn't believe. It's all "virtual" money too. When the Fed reduces interest rates, I get more credit card offers in the mail. Voila! Instant loan that I didn't ask for, but interest payments ad nauseum to the banks. That's why gold is so important: You can't eat it, you can't put it into the gas tank, you really don't use it up. It's always there as a symbol of REAL MONEY. The only way to have more dollars is to dig up more gold from the ground--if we had a gold standard.

As for oil, it is definitely a precious commodity too. No one talks about conservation and reallocation to alternative energy R&D. We're going to burn this commodity up.