ArbyH

Crunch Time for Gold

The head line of your article caused me to wonder whos soap you were selling. "Crunch time" implys gold has a beat down coming and that isn't the case.
People that trade in and out of paper gold don't get it anyway.

Cash-for-Clunkers Is a Poor Choice of Stimulus

This is a gravy train program that I don't care for at all.

The relatively well off people who own decent cars already will go scronge for a clunker to trade in because they are due for a new car anyway.

The poor that really need a decent car that runs better can not participate, but their taxes too will pay for those who could take advantage.

Plus Bottom line: There is no advantage given to American companies and autos.
It is time that our Country and its people buy American again, even if it costs a little more.
Assembled doesn't mean manufactured...where were the parts made and where do the profits go?

Historically, repeatedly in the rise and decline of all of the great economic powers there were 6 things that always occurred:
1. One country secured an economic advantage, rather product or trade route, and applied that advantage to become a major economic power.
2. A second country learned (diffusion of technology) what that advantage was and copied it, becoming even more competitive then the economic power.
3. The second country, now being the more competitive, imported their product into the major economic power's markets. The people bought the import because it was good quality and cost less. The citizen's purchases of imports over domestic products led directly to their own country's economic decline.
4. The governments of the economic power were rigid, hamstrung and unable to respond to protect their own markets.
5. Once on the decline the armies of the economic power were always fully deployed in the furthest reaches of the empire.
6. There was always a moral decline in the people's behavior in the economic power. Decadence...perversion whatever.

Buy American!!! GM is American. Ford is American.
The military industrial complex is a perversion of what we have become great at producing.
We have given away almost all of the domestic industries we were great in. It is time we reclaimed some of them, and bought American even if we pay a little more. It is either that, or collectively become poorer until the dollar collapses and the importers move on to other markets, and we are forced to produce for ourselves anyway.

David Kotok on Clunker-nomics

This is a gravy train program that I don't care for at all.

The relatively well off people who own decent cars already will go scronge for a clunker to trade in because they are due for a new car anyway.

The poor that really need a decent car that runs better can not participate, but their taxes too will pay for those who could take advantage.

Plus Bottom line: There is no advantage given to American companies and autos.
It is time that our Country and its people buy American again, even if it costs a little more.
Assembled doesn't mean manufactured...where were the parts made and where do the profits go?

Historically, repeatedly in the rise and decline of all of the great economic powers there were 6 things that always occurred:
1. One country secured an economic advantage, rather product or trade route, and applied that advantage to become a major economic power.
2. A second country learned (diffusion of technology) what that advantage was and copied it, becoming even more competitive then the economic power.
3. The second country, now being the more competitive, imported their product into the major economic power's markets. The people bought the import because it was good quality and cost less. The citizen's purchases of imports over domestic products led directly to their own country's economic decline.
4. The governments of the economic power were rigid, hamstrung and unable to respond to protect their own markets.
5. Once on the decline the armies of the economic power were always fully deployed in the furthest reaches of the empire.
6. There was always a moral decline in the people's behavior in the economic power. Decadence...perversion whatever.

Buy American!!! GM is American. Ford is American.
The military industrial complex is a perversion of what we have become great at producing.
We have given away almost all of the domestic industries we were great in. It is time we reclaimed some of them, and bought American even if we pay a little more. It is either that, or collectively become poorer until the dollar collapses and the importers move on to other markets, and we are forced to produce for ourselves anyway.

Cash for Clunkers: An Analysis

Historically, repeatedly in the rise and decline of all of the great economic powers there were 6 things that always occurred:
1. One country secured and economic advantage, rather product or trade route, and applied that advantage to become a major economic power.
2. A second country learned (diffusion of technology) what that advantage was and copied it, becoming even more competitive then the economic power.
3. The second country, now being the more competitive, imported their product into the major economic power's markets. The people bought the import because it was good quality and cost less. The citizen's purchases of imports over domestic products led directly to their own country's economic decline.
4. The governments of the economic power were rigid, hamstrung and unable to respond to protect their own markets.
5. Once on the decline the armies of the economic power were always fully deployed in the furthest reaches of the empire.
6. There was always a moral decline in the people's behavior in the economic power. Decadence...perversion whatever.

Buy American!!! GM is American. Ford is American.
The military industrial complex is a perversion of what we have become great at producing.
We have given away almost all of the domestic industries we were great in. It is time we reclaimed some of them and bought American even if we pay a little more. It is either that, or collectively become poorer until the dollar collapses and the importers move on to other markets and we are forced to produce for ourselves anyway.

Cash for Clunkers: An Analysis

This is a gravy train program that I don't care for at all.

The relatively well off people who own decent cars already will go scronge for a clunker to trade in because they are due for a new car anyway.

The poor that really need a decent car that runs better can not participate, but their taxes too will pay for those who could take advantage.

Plus Bottom line: There is no advantage given to American companies and autos.
It is time that our Country and its people buy American again, even if it costs a little more.
Assembled doesn't mean manufactured...where were the parts made and where do the profits go?

Debt and Class Inequality

Inaddition to the increased proportional debt, the debt itself has been manipulated into a higher interest rate for the average income and lower income family.
Financial institutions has sucked all of the disposable income out of these families thru high interest credit cards.
Let us note forget the "Rule of 72" and how many times a 1000 dollars will double at 4% (savings acct what the bank pays) and at 18% (credit card what the bank makes) across 36 years. The 1000 in savings grows to 4000, while the bank makes over a half a million on the same 1000 in the same amount of time.

The Economist on the Failure of Economics

"In the wake of the biggest economic calamity in 80 years that reputation has taken a beating. In the public mind an arrogant profession has been humbled."


Good Article.
Economics is a wonderful science that mixes all inputs into the equation to arrive at probable outcomes. Behavioral science, quantitative analysis, supply and demand, government action, (for some) history, and even the weather is used to help determine the probable outcomes.

I agree with CautiousInv...: : "In many ways economists are simply hired guns and are used to justify policy rather than create policy.

In the case of government, Keynesians are always prepared to support additional fiscal spending........ "

So many of the economists are not as deep original thinkers as they would like others to believe. They subscribe to one pattern of thought and wrap around the horn on that model, rather then create original models that will evolve and adapt to current environments. I feel that they set models in stone and do not adjust the weight of the inputs well enough to reflect changing realities. Example Greenspan raised interest rates in the face of rising energy costs. By not weighing the energy costs he had to reverse his steps backwards several times and far past the start point.
Politician's like to use economists to justify their knee jerk reactions. They are both on the same payroll and are selling the same soap on the same erroneous path to mediocrity. I would suggest Austrian Free Market Economics to open both of their minds more.


Historically, repeatedly in the rise and decline of all of the great economic powers there were 6 things that always occurred:
1. One country secured and economic advantage, rather product or trade route, and applied that advantage to become a major economic power.
2. A second country learned (diffusion of technology) what that advantage was and copied it, becoming even more competitive then the economic power.
3. The second country, now being the more competitive, imported their product into the major economic power's markets. The people bought the import because it was good quality and cost less. The citizen's purchases of imports over domestic products led directly to their own country's economic decline.
4. The governments of the economic power were rigid, hamstrung and unable to respond to protect their own markets.
5. Once on the decline the armies of the economic power were always fully deployed in the furthest reaches of the empire.
6. There was always a moral decline in the people's behavior in the economic power. Decadence...perversion whatever.

Buy American!!! GM is American. Ford is American.
The military industrial complex is a perversion of what we have become great at producing.
We have given away almost all of the domestic industries we were great in. It is time we reclaimed some of them and bought American even if we pay a little more. It is either that, or collectively become poorer until the importers move on to other markets and we are forced to produce for ourselves.

Bernanke's Pending Testimony: Déjà Vu All Over Again?

The Federal Reserve System is the biggest scam ever created in the history of man. They are not authorized by the Constitution of the USA. They are a privately owned quasi-government institution that acts independently of government. You pay interest to them on every Federal Reserve Note (dollar) ever created.

The current powers that be will do everything in their power to keep gold/silver from being seen as traditional money, which it is. They will manipulate scarce commodity real gold/silver prices downward by shorting the commodity using unlimited printable paper money in paper markets. That is the only game they can play to try to prop up the dollar and maintain their advantage - smoke and mirrors.

Why do you suppose that most of the bailout money is unaccountable in a giant furball of finance? Is one reason that the banking minions (goldman sachs, etc.) acted on the government's behalf shorting gold and silver to prop up the dollar, and lost money as a result and want to be made whole? Would the secrecy of this allow the Federal Reserve to blackmail the government to secure more power? Are these billions upon billions of dollars sitting there waiting for a collapse, so that elite banking interests can buy up assets into whatever game comes next, thereby securing their own perpetual power for generations?

When some country suggests the game changes to non-dollar oil trade the US will go to war to continue the game. ie. Iraq & Iran oil bourse.
When an equal power calls BS then the game will change and the US will be in deep chaos to scramble for a new game, but no one will want to play a rigged game... and the USA could fall hard. China knows this and they are buying 80 billion in gold. Has China's communist central planning commission ever done anything other than look out for China? They know they have been caught up in the banker's game and are working to come out on top. The Chinese are good people.

The international banking scheme (Bilderberg) will be fine having planned many many years in advance for every eventuality, every war, every rise, and every fall. A shift from Trilateralist thought to New World Order thought and populaces would be screaming for a one world government and one world currency to come save them. Central planning at a whole new level with the banking powers at the helm.
Governments will go to any length to preserve themselves, control the populace, and maintain order. That is what makes them so dangerous. Today's veteran patriot could easily become tomorrow’s dissident. Elite Gated communities takes on a whole new level and meaning as well.

Are GLD and SLV Legitimate Investment Vehicles?

So it appears that the very same companies that take predominately short positions in precious metals then try to syphon off real demand for the physical metals, by creating ETFs which may or may not buy the metals. A fox in the hen house for certain.

The current powers that be will do everything in their power to keep gold/silver from being seen as traditional money, which it is. They will manipulate scarce commodity real gold/silver prices downward by shorting the commodity using unlimited printable paper money in paper markets. That is the only game they can play to try to prop up the dollar and maintain their advantage - smoke and mirrors.

Why do you suppose that most of the bailout money is unaccountable in a giant furball of finance? Is one reason that the banking minions (goldman sachs, etc.) acted on the government's behalf shorting gold and silver to prop up the dollar, and lost money as a result and want to be made whole? Would the secrecy of this allow the Federal Reserve to blackmail the government to secure more power? Are these billions upon billions of dollars sitting there waiting for a collapse, so that elite banking interests can buy up assets into whatever game comes next, thereby securing their own perpetual power for generations?

When some country suggests the game changes to non-dollar oil trade the US will go to war to continue the game. ie. Iraq & Iran oil bourse.
When an equal power calls BS then the game will change and the US will be in deep chaos to scramble for a new game, but no one will want to play a rigged game... and the USA could fall hard. China knows this and they are buying 80 billion in gold. Has China's communist central planning commission ever done anything other than look out for China? They know they have been caught up in the banker's game and are working to come out on top. The Chinese are good people.

The international banking scheme (Bilderberg) will be fine having planned many many years in advance for every eventuality, every war, every rise, and every fall. A shift from Trilateralist thought to New World Order thought and populaces would be screaming for a one world government and one world currency to come save them. Central planning at a whole new level with the banking powers at the helm.
Governments will go to any length to preserve themselves, control the populace, and maintain order. That is what makes them so dangerous. Today's veteran patriot could easily become tomorrow’s dissident. Elite Gated communities takes on a whole new level and meaning as well.

If you bought ETF gold you are just trading in dollars in and out to the paper market gold price. You don't own gold. Federal Reserve Notes are not scarce, they print them by the trillions, but gold and silver is a precious metal and real money, and all governments know it.
I own gold and silver, for the same reason governments do: Wealth autonomy to transition into whatever comes.

BTW: The Federal Reserve System is the biggest scam ever created in the history of man. They are not authorized by the Constitution of the USA. They are a privately owned quasi-government institution that acts independently of government. You pay interest to them on every Federal Reserve Note (dollar) ever created.

Employment: Minimum Wage, Maximum Stupidity

Although it is commonly thought that minimum wage laws are something good for labor they are not. Minimum wage laws were not sponsored by a labor intiative in an effort to help labor. They were sponsored by industry to set, fix, and control labor cost. This assumptive method of conditioning labor to accept a fixed wage without question is what industry was striving for.
Minimum wage laws have caused people adopt a sheepishly conditioned mind set, and not exercise their right to negotiate for wages.

Goldman Sachs: Hefty Prospects, Compensation on the Rise

The current powers that be will do everything in their power to keep gold/silver from being seen as traditional money, which it is. They will manipulate scarce commodity real gold/silver prices downward by shorting the commodity using unlimited printable paper money in paper markets. That is the only game they can play to try to prop up the dollar and maintain their advantage - smoke and mirrors.

Why do you suppose that most of the bailout money is unaccountable in a giant furball of finance? Is one reason that the banking minions (goldman sachs, etc.) acted on the government's behalf shorting gold and silver to prop up the dollar, and lost money as a result and want to be made whole? Would the secrecy of this allow the Federal Reserve to blackmail the government to secure more power? Are these billions upon billions of dollars sitting there waiting for a collapse, so that elite banking interests can buy up assets into whatever game comes next, thereby securing their own perpetual power for generations?

When some country suggests the game changes to non-dollar oil trade the US will go to war to continue the game. ie. Iraq & Iran oil bourse.
When an equal power calls BS then the game will change and the US will be in deep chaos to scramble for a new game, but no one will want to play a rigged game... and the USA could fall hard. China knows this and they are buying 80 billion in gold. Has China's communist central planning commission ever done anything other than look out for China? They know they have been caught up in the banker's game and are working to come out on top. The Chinese are good people.

The international banking scheme (Bilderberg) will be fine having planned many many years in advance for every eventuality, every war, every rise, and every fall. A shift from Trilateralist thought to New World Order thought and populaces would be screaming for a one world government and one world currency to come save them. Central planning at a whole new level with the banking powers at the helm.
Governments will go to any length to preserve themselves, control the populace, and maintain order. That is what makes them so dangerous. Today's veteran patriot could easily become tomorrow’s dissident. Elite Gated communities takes on a whole new level and meaning as well.

BTW: The Federal Reserve System is the biggest scam ever created in the history of man. They are not authorized by the Constitution of the USA. They are a privately owned quasi-government institution that acts independently of government. You pay interest to them on every Federal Reserve Note (dollar) ever created.

Casinos: The Many Advantages of Vegas

Vegas is a nice place to visit, but sometimes the neon facade becomes hollow, contrived and tiresome. The masses of people become ant like as well.
The Caesars Palace poker room is a classic though, and there is not a more suitable place then Vegas at the RIO for the WSOP.

Facebook Leaves MySpace in the Dust in the U.S.

When myspace lost the music playlist that was it for me. When I could manage my playlist and go to my profile, or other peolple's profiles, to hear a 100 song play list in random order it was all good. Now they just have some annoying applications.

Gold / Euro Connection: Another Nail in the USD Coffin?

What occurs tomorrow does not always correlate with what we see today.
There are many factors that could affect gold and silver prices moving forward:

1. Technology and industry creating specific usage additional demand for all metals, especially as we seek less oil dependence.

2. Mining output of silver, although increasing, barely able to meet current demand. While China produces more gold, it has also encouraged their own populace to buy it, and China’s government is buying 80 billion in gold for national reserves. They know they are caught up in the dollar currency game and seek to come out on top.

3. International Trade debt, Government debt. Corporate debt, and last but not least Consumer DEBT!!!! > Collapse? Where does the relief come from? Who taxes who and gets what from the other at what cost?
I saw a guy at the WSOP making huge houses of cards. How often do they fall under any kind of stress? First one part crashes and then the rest crash too.

4. International consumer purchasing increases for both gold and silver jewelry, and due to wealth protection of monetary risk aversion. If any serious confidence hic-ups occur anywhere, there will be a world-wide collective mad dash to acquire precious metals, a serious a bum rush to gold and silver.
The reason Obama got the job is because of our people's faith in his confidence, but deep down we all know what a bugger bear we have created for poor him to solve. I hope he can maintain the clarity of mind and the leadership presence to pull it off. He is a busy man, but I would like to talk with him, smoke a bowl.

5. There is never peace in the valley. It doesn't have to be "win or die" even though the world is getting smaller and it feels like we are all in each other's back yard.
a. The Korean peninsula. Will North Korea continue to sell arms to our potential adversaries, and saber rattle us into a conflict?
We have sold more weapons then they have though... so who is the culprit? Were our actions more sound, or predictable?
b. Iraq, will we leave when the time comes? They are more than tired of us, but Sunni (smarter minority) vs. Shia (herdish majority) tribalism conflict runs deep and chaos could erupt as we leave. Saudi Arabia supports the Sunni's and that is the only reason we are still there. Honestly, a democracy was the last thing they needed there. It was social Darwinism that had put the Sunnis on top.
Tito held Yugoslavia together until his death, the same strength in leadership is required in Iraq. The Mid-Eastern culture respects a charismatic person, not a faceless rule of democratic vote. For a hundred generations they have been conditioned to listen to their clerics and follow their guidance in all things.
c. Afghanistan religious tribalism; backward, zealous and unconquered as far back as anyone can say. We are going to exhaust our country's military and financial reserves trying to change that rock? For what? A foothold in the region? Who cares? The culture clash, both ours and theirs, in the Mid-East is beyond our comprehension and insurmountable. Need I give examples?
d. Who's next? Where is the next zealous nut ball who wants to poke the bear's nose, or catch the eagle's eye? That Dragon is starting to stand up too. “Who is that trying to start an oil bourse, or talking about the dollar no longer being the world reserve currency? That would upset the whole applecart. We can have none of that. Do we fight you, or maybe we can bribe you to keep our game intact?”
Restraint is a good course of action if you can get away with it. Our foreign relations should resemble a pot luck dinner. In that everyone brings some good food, all eat, share some pleasant conversation, let the kids play, play some music, and then sincerely wish everyone well and leave until next time. They don't reveal, or ask us to solve their problems. We don't pry into their affairs, and we certainly don't offer to beat up their neighbors. Respect all around is maintained.
"Trade with all, entangling alliances with none" Thomas Jefferson and more recently Ron Paul.
e. Iran; Election fraud (?) and civil discontent; nuclear development, peaceful or diabolical?; oil and the Strait of Hormuz; arch enemy of Arab Sunni tribe’s and Isreal. contemplate for yourself on all the ways that could go wrong... ...and with Isreali guided missile boats on the way?
How is it that Pakistan, North Korea, India, and that little fire plug country of Israel have nuclear weapons? That was some how more allowable, or is it that we are running nothing but our mouths these days?

Yes, we have bought too many F-22s that have critical flight failures every 2 hours. The military industrial complex tail can stop wagging the dog anytime.
Let us take all the profit out of the criminal justice system, and the military mission and requirements.
If we have to have a draft then that should tell us that the empire BS has gone too far.
Any military action not in our own direct defense is a waste of finite resources, and plays on our people's patriotism.

6. Wherever the economic situation becomes dire, there will be domestic unrest, crime and suffering that might lead to detention centers to control large groups of dissidents. Civil rights are lost as governments preserve themselves at any cost, maintain order, and control the populace. Isn't that what makes them so dangerous?
"Gated community" takes on a whole new level and meaning in an extremely security conscious world.
In preventing terrorism it becomes easy to justify the personal RFID chip and total immersion onto the grid giving one access to health, financial, travel passport, employment, and all government services. Never forget that the access to the grid can be switched off at the government's desire and that the RFID comes with the GPS locator beacon for them to come find you.
I now can hear you say "Not me! I won't allow them to RFID me!!!" Well, if that is so then that takes you off the grid and you are going to need plenty of gold and silver where you are going.

(Homeland Security chief promotes cheaper, secure driver's licenses
The country needs more secure driver's licenses to thwart terrorists, and a new Obama administration program supported by governors ...
www.usatoday.com/news/... )

opinion & speculation: The current powers that be will do everything in their power to keep gold/silver from being seen as traditional money, which it is. They will manipulate scarce commodity real gold/silver prices downward by shorting the commodity using unlimited printable paper money in paper markets. That is the only game they can play to try to prop up the dollar and maintain their advantage - smoke and mirrors.

Why do you suppose that most of the bailout money is unaccountable in a giant furball of finance? Is one reason that the banking minions (goldman sachs, etc.) acted on the government's behalf shorting gold and silver to prop up the dollar, and lost money as a result and want to be made whole? Would the secrecy of this allow the Federal Reserve to blackmail the government to secure more power? Are these billions upon billions of dollars sitting there waiting for a collapse, so that elite banking interests can buy up assets into whatever game comes next, thereby securing their own perpetual power for generations?

There are many eventualities that could cause gold and silver to rise moving forward. How much of this falls into the Bilderberg globalist plan of a New World Order?
Change is a certainty. Where that change will take you is the question.

Micromanaging the Price of Gold

dieuwer wrote: "The fun thing about investing in gold and silver, is that you actually have the option to hold your investment in your hand and look at it :)"
Absolutely

"From time to time, I polish some silver coins and bars on a Sunday afternoon..."
Major mess up - you don't polish numismatic coins

"It will be hard to sell them when the bull market in precious metals is over..."
Some people make it happen, some people watch it happen, and just say "what happened?"

Add: Iran as 5 d. above and contemplate for yourself on all the ways that could go wrong... ...and with Isreali guided missile boats on the way.