The Retired one

Today in Commodities: Dollar in the Driver's Seat

I wish people had the time and the courage to demonstrate. It may not do much good because the game is rigged by the bankers and w/st.
I have am in a position that I did the safe thing.
L.O.L. I paid off my Mort. Now I can't sell so Im locked in. ugh!



On Aug 29 08:36 PM ManAboutDallas wrote:

> The US$ is going to have occasional one-day, two-day, one-week-at-most
> rallies. So what? When the Secretary of the Treasury of the United
> States goes to China and gets LAUGHED AT TO HIS FACE - by a groupe
> of students, no less - the takeaway lesson is that the U.S. and by
> association the US$ are the new laughingstock of the world. So, the
> only remaining things on the U.S. "to do" list are to officially
> change the name to United Banana Republic States of America; change
> the National Anthem to o/~ "Yes! We Have No Bananas. We Have No Bananas,
> Today!" o/~ and start a 24/7 crash program to manufacture as many
> wheelbarrows as possible, because they're the only thing that's going
> to be in demand, and have a nice, safe place from which to watch
> The Second American Civil War.

Misleading Gold Headline of the Day

Well it looks like the Fed is going to pay us good old citizens money soon to buy long term treasuries. They already are paying banks the inflation subtracted from the zero or >25 1/4 percent on money given to the banks.
So where do we go from here they are printing dollars like candy wrappers.
About what they will be worth pretty soon.
You that don't save and store for a rainy will see unemployment that makes 600,000 people look like a beer party duh.
I'll think after this mess settles people will say gee gold wasn't all that far out a investment. Nah none of you ever heard of inflation at the end of the tunnel.

SPDR Gold Shares ETF Hits Record High Inventory

I have a hard time understanding in America no one saves any more.
So with the world in recession where does the money come from to bring gold prices up like in the 1980"s?
I 'd like to know the best place and time to sell coins
come a real rise in price?

Why Oil and Gold Are Headed Much Higher

Buying gold may be wise but demand needs savings and people don't save much anymore.
So it will take something more than in the 1980's for gold to really take off and what amerticans are buying in expetation of increase. "What do you feel will be the catilist"--- that will really set off the fire under gold's price?
I KNOW IT WAS $1030.00 IN EARLY 2008 BUT THINGS HAVE CHANGED.

Options as a 'Gold'en Opportunity

Hello say you fellows sound knowledgeable.
Can anyone advise a viable really safe way to wharehouse bullion coins and be ready to sell if by chance the fiat money printed finally starts a forrest fire with inflation? help