mauijeff

Four Reasons for an Immediate Rise in Gold

I know what you are talking about, can we really trust wall street to honestly manage a gold trust? You should look at GTU and CEF. Both are on the AMEX. and are Canadian. They hold their gold unencumbered for which you pay a premium, but I believe it's worth it.


On Dec 29 09:56 AM sdavid0419 wrote:

> If our government continues to print money (and with the Obama administration
> the only question is how much) deflation will have to give way to
> inflation sooner rather than later. Oil producers have already made
> it clear that they will control supply to get a price that yields
> them a profit. The fact that there are very few stable currencies
> around the world will drive gold up. For me, once Moody's lost my
> respect I have no desire to invest in a market that favors CEO pay
> over stockholders equity. You can only put so much into insured
> CD's. There is a kiosk in every mall with people buying gold at less
> than half its value. The banks of the Sacramento river have more
> panners now than during the gold rush. People buying gold are waiting
> longer and longer for delivery. My only fear now is that this GLD
> fund turns out to be another scam and all the gold I think I own
> isn't really there. Thats not to far fetched considering all of
> the other things we thought sacrid are crumbling.

Social Security: A Ponzi Scheme?

Social Security is not a Ponzi scheme because nobody will be allowed to stop paying into it. It will not run out of money. The benefits will be lowered in the future due to less money coming in due to demographics. I suspect that Social Security will become a more important part of peoples retirements. Among elderly Social Security beneficiaries, 20% of married couples and about 41% of unmarried persons rely on Social Security for 90% or more of their income.The real trouble in entitlements is Medicare which has it's own fund.

The Economic History of Interest

I agree with most everything Peter Schiff says but I think when he predicts a decoupling of the the US dollar from the world economy he underestimates how long it will take. I think there will be a decoupling, it will just take too long for me to make any real money on it any time soon (come on Pete, you know you are primarily talking to investors that don't have a decade or two time horizons). So I think it's notable that the book notes a strong correlation of cycles across the world and that decoupling is not as easy as one may think.

Fed Says Buy Gold: The Start of a Bullish Pattern

The US has turned it's back on the dollar. If the EU and other countries do the same, I believe that there will be even more world wide demand for the yellow stuff.

The Illicit Relationship Between Goldman Sachs and Paulson

You got it Anthony. The Treasury is perfectly happy with the corporate owned media focusing on auto bailouts while the banks that received trillions of dollars shift the money to these "havens". Paulson will not tell us how much and who. We are witnessing crimes against the United States. The focus of us all should be on the lawlessness of the Fed and Treasury instead of passively waiting for them to save us...they are ripping us of blindly. So listen up you day trading monkeys, stop trying to find the bottom of the market so you can make a little day trade profit and pay attention to the crimes unfolding before your greedy little eyes.

Market Watch: Beware the Ides of February

I think you little day traders should move out of your mother's house and live in the real world. After the first of the year many retailers will be closing stores or going out of business, creating a commercial real estate crisis. This combined with the failed attempt by the Fed to get more people to take on debt will make it apparent to everyone that we are in big trouble. During this time all you trading monkeys will still be looking for a market bottom. Grow up monkeys, they have been waiting for the brake out in Japan for 20 years.

U.S. Turns on the Printing Presses to Save Debtors

I don't feel richer. I feel like I am in the middle of a going out of business sale. Food prices have not gone down and the break in oil prices will not last. I agree that inflating our way out of this mess makes bogus, but your tone in this article comes of as kind of "I paid my house off so screw everyone else not as responsible as me".

Federal Reserve, What Do You Have to Hide?

I am sure Hank will always have a place on Bush's ranch in Paraguay.

Dollar Down, Gold Up

This deflation is a transitory. How can you not see that oil went down due to investors need for liquidity. Oil prices will not go back up as high in the recent past, but they will be up enough to make inflation a factor. Open your eyes, retailers are selling things at 'GOING OUT OF BUSINESS PRICES". After the first quarter next year, go to your local mall and see for yourself how many retailers will be out of business. The remaining retailers will have to charge real prices to stay in business.

Have you eaten out lately? If it was not Mac Donalds then it was not cheap. Have you see your grocery bill go down? Who cares if home prices are falling, nobody is buying. Who cares if cars are cheap, no one is buying. The consumer is trying to pay down debt, and what little spending they are doing will be effected by inflation.



People are buying gas and food, and those items will not be cheap.

Oil: From Bubble to Bust - And Back Again?

Cheap oil will be transitory. Peek oil is real. Oil producers are not going to give away the last half of the oil in the world. Stable oil prices through the inflation or deflation will be well above $25. Anyone who thinks there is enough cheap oil left in the world is just begging for a monkey slap.

Beware Pension-Plan Shortfall - Barron's

The airlines have been a money loser for a long time and they are expert at shifting the "burden" of their pension plans to the Pension Benefit Guaranty Corporation (or PBGC). What makes anyone think the the PBGC will not incur more liabilities as the economy continues it's decline?
There are many reasons the Treasury does not want the stock market to continue it's crash the funding issue of the PBGC is just one. Is anyone else concerned about market manipulation? I mean, exactly how much is anything really worth?