Today in Commodities: A Fitting End [View article]
I don't think the fed can raise interest rates.....the market will try to force them. Since most of americas debt is short term ARMs.....they will need to print and print just to cover the massive interest on the debt. We will be money printing machines.
Roger Wiegand: 'Severe Bull Market' Ahead for Gold [View article]
I also am not a huge gold or silver fan. I still believe that any commodity in short supply will be the large winner.
I could live my life without ever owning a precious metal. But I cannot live without food, heat, water, and shelter. I will do anything for these items....any money or work will have to be for these items. What will be in short supply in the future. I am thinking probably energy, possibly food, and clean water.
Sure gold and silver may rise during inflation or deflation......but history has shown that inflation of the money supply is the long trend.......buy the assets during the deflation period for the super long haul....and you should be a winner. Buy the producers/miners as well at steep discounts. Get some big dividend payers.
Technology is our savior and our enemy at the same time.
Today in Commodities: A Fitting End [View article]
Roger Wiegand: 'Severe Bull Market' Ahead for Gold [View article]
I could live my life without ever owning a precious metal. But I cannot live without food, heat, water, and shelter. I will do anything for these items....any money or work will have to be for these items. What will be in short supply in the future. I am thinking probably energy, possibly food, and clean water.
Sure gold and silver may rise during inflation or deflation......but history has shown that inflation of the money supply is the long trend.......buy the assets during the deflation period for the super long haul....and you should be a winner. Buy the producers/miners as well at steep discounts. Get some big dividend payers.
Technology is our savior and our enemy at the same time.
Just my .02.
Black Gold or Yellow Gold? [View article]
do the numbers and we actually import 73.8% of our oil.
We are also starting to import more gasoline.......we may be worse off than you think.