paxjds

Silver Trade Is Better than Gold

GLD and SLV are good for day traders only. Doubtful they have any gold or silver, so dont get caught owning them when the music stops. Even hedge funds are leaving GLD for gold coin and bullion where they take possession.

Monex is great for coins and bars, but I recommend taking possession. In this day and age you cannot be cautious enough. CEF out of Canada for gold and silver is the only fund I know with Gold and Silver, and audited twice a year.
I am comfortable with them, and from many articles, they are highly recommended with 45 years or so in operation with no blemishes.

Extra fiat paper money is nice, but silver and especially gold is where you take your winnings off the table for long term gain and security from all the market and political manipulations and shenanigans.

Too Big to Fail Banks: A Simple Solution

First, let the crooked and corrupt big banks fail.
Second, then throw them in prison for 20 years.
Third, then your solution should be given a try.

The Dodd Bill: Generally Very Good

The FED cannot or should not regulate or oversee the banks in any way. The FED is really part of the Banks, they are bankers. You don't put criminals in charge of their probation or law enforcement to arrest themselves. It is madness that Dodd or Congress would want to give the FED more powers. The Fed needs to be abolished.
Between the FED, Wall Street, Bankers, and Congress, look at the mess we are in. We need an Attorney General to arrest all of them, prosecute and convict them, and throw them all in prison for ten years. Oh yes, The Attorney General needs to be jailed also for dereliction to duty.
Throwing trillions of dollars at these crooks to try to bail out the mess is madness. Only a pathological narcissist would think of such a scheme. Hitler, Stalin, and there cronies live on through their minions in the above mentioned crooked power bases. God help the world, as there is no longer a USA under God to come to the rescue anymore.

Advocates to Repeal Sarbanes-Oxley Forget Its Origins

Sam,
Absolutely great article.
You need to be on the faculty at Harvard, Northwestern, etc. Perhaps a consultant/teacher to different Federal Agencies.
SO Act needs to be strengthened, not made weaker. Problem with your ideas is there is no longer Honor and Truth at the highest levels of Congress, Presidency, Bankers, Wall Street, Press, and many business Firms. Profiles in Courage turns out to be the wasted ideals of a young author. Kennedy's words "ask what you can do for your Country" has been turned to theft and corruption at the highest levels in this country. Look at the Mess we are in! We and the Obama Gang are now rewarding those firms and individuals with Government Bailouts. Robert Kennedy took on corruption and many believe he was assassinated for it. Current AG looks the other way instead of jailing the banksters, etc., and wants to investigate Bush on BS matters. The foxes have stolen the whole chicken coop, and democratic government is throwing money at every fox, and also to jackals to buy future votes. $ to buy cars or houses, what a joke. The fix is in. We the people take it up the _ _ S again. The stench across this country is getting pretty bad. Major change and house cleaning is needed.

God bless your new founded idealism.

The Dollar Coin: Two Sides of the Reserve Dollar

At a minimum we should expect the G20 to want a new world currency tied to a basket of currencies and perhaps 10% tied to gold. These countries will want a check and balance on the $dollar printing presses, along with checks on the other currencies in the basket as well.
Uncle Sam's massive printing that is underway has spelled the demise of the $ as the worlds reserve currency. Other nations printing more will prevent them from becoming a "reserve status". Look for a Basket Deal to come forth with a Review Board to make quarterly adjustments to the basket currency percentages.
Personal Gold/Silver best for long term protection of savings.

What's Up with Gold Inventories?

Tim, I love your articles and I am a follower. But GLD in my opinion has no Tonnes of gold. Many articles have been writen that articulate that. Perhaps you shoud write Ficticious or Created Gold Tonnes till GLD opens its Vaults quarterly to prove it has Tonnes and the Corret Tonnes there. I believe GLD is no more than Ancient Mythology.

Gold Transforming into a Completely Demonetized Wealth Asset

Central Bankers and governments can keep their yens, dollars, rubbles, pesos and francs. A wise man will keep his real surplus in physical Gold. Government money holding value is like the passing of youth. It soon becomes old and destined to absolutely die.

More Misdirection from the Fed

The name Fed needs to be changed to be more appropriate. Perhaps
Banksters, Gangsters, Crooks , Swindlers, Morons, or Maggots. But the name Fed has got to go. What is needed is a real Federal Government regulating: Banks, Wall Street, and Crooked Politicians.
Not bankers regulating themselves using the name Fed or Federal. Not Wall Street regulating themselves when we have SEC and state commissions. Not Congress regulating themselves with oversight committees. What a joke they all are. They need to be in jail and removed from positions of power they have misused.
Press reporters need to be fired in mass for dereliction to duty and conspiracy with those in power. The fourth Estate must return to its role, no longer being part of the corrupt establishment, but working tireless to bring about its downfall.
The Supreme Court needs to get the blinders off their many errors and help bring down this Crooked and Killing methodology they helped establish in the past 50 years.
We the public are tired of hearing all the BS from all the above said groups. It is time to start impeaching and jailing state and federal attorney generals for dereliction of duty. It is their job to arrest and prosecute all the above till all of them are jailed. Save the Republic swiftly or You are hasting its downfall!

Cost of Jobs 'Saved or Created'

Hey Obama and Reid,
Give me and my wife one of these high paying jobs. You might get my vote.
With this kind of healing power by the government, my disabled wife will be able to walk and work again. If my wife gets such a handout, I will proclaim The Second Coming of Christ or Obama, whichever the All Benevolent Democrats want me to proclaim.

Another Reason You Should Be on the Sidelines Now

Best to be on the sidelines with Gold in your possession. Some silver for pocket change will also prove to be very wise. We are in for a 15-20 year mess, and it started in 2007. The tech bubble of 01/02 was just a shot across the bow.
Do not buy gold or silver such as GLD or SLV as you are trading paper for gold/silver paper certificates. Paper = paper. Gold in hand is financial security, paper is just trash. In case you dont realize it, the $ dollar is becoming trash before our eyes. Lead bullets are also a fast rising commodity that will no doubt double or triple in value in 5 years along with S&W products.

Gold's Shifting Role as an Investment

You traded paper for paper in securing GLD, all promisary notes. Sell your gld, and buy some St. Gaudens and/or 1 oz Eagles or Maples. Then you will have REAL Gold in lieu of promisary notes. Then, and only then will you get to really understand GOLD and its intrinsic value for thousands of years. Then try to print some more gold like the bankers print $'s.

Price of Gold Says Nothing About the Dollar

The price of Gold has been on a steady march up, up , and up for the past 8 years or so. During this time, the dollar has been up and down, but Gold has been continually on the uptrend. The world market is and has been realizing that Gold is very under priced and therefore the price of Gold is going up faster than anything else. China, Germany, Saudi, Russia realize the value of Gold and are stocking up. Many Central banks are starting to do the same. Even some Funds are switching from paper gold GLD to Real Physical GOLD. As worldwide inflation stars to take hold due to printing presses by world government, GOLD will go Parabolic. Company stocks come and go, governments and currencies come and go, but Real Gold keeps going up, Fools Gold will always disappear in the end.

Analyzing Larry Summers

ANALIZING LARRY SUMMERS &AMERICA'S SELLOUT
No honor in anyone mentioned in the article, far worse, No Shame by anyone in the article. Banks were/are busted and they should have been forced into bankrupcy with assets sold to new owners. There should have been no bailouts or any increase in our National Debt. Many in washington, banks, wall street should be on trial for the largest Ponzi scheme ever in the world! Summers is just the biggest cheerleader keeping the Ponzi crooks from going broke with more bailouts then the republicans provided. Crooked Finnacial Narcissism is the NeoPoliteke of 21St Century.

Recession Is Over; Depression Has Just Begun

When all is said and done, it would have been most prudent to let the respective banks, wall street firms, and insurance companies to go belly up. Government will now have to devalue the $ or start with a new currency to get out of this Fed debt mess they have put us in. We are in for a long, long period of minimal growth and reduced government services and/or massive and long term inflation.

Only long term hope is returning to We the People in lieu of US the Special Interest and Greed by those in Power, both in and out of Government.

Can the Republic survive this onslaught of total Mis-Management ,
Corruption, and Greed in High Places?

National Bank Turns Bearish on Gold

Article is a farce. We have a Bank trying to get you to sell your gold, while banks are manipulating Gold pricing by trying to keep it low. Dont sell your gold, buy more gold and take possesion. Dont buy GLD which is in essence a promissary note from a Bank supposedly worth 1/10 Oz per share. No one has ever seen or counted GLD's gold because it does not exist IMHO. BUY GOLD and YTake Possesion. Things are getting worse!