sa44ron

Weekly Outlook: Is This Reflation?

There is a solution. And now that the pork barrelling is (hopefully) done, it can be implemented. The only thing to get the consumer/public involved is to have a one or two year moratorium on taxes, namely, personal income taxes, corporate income taxes, and especially capital gains taxes. The savings would be put to the best use of each consumer. When they have their own house in order, then they will step out and take some risk. Without this sense of security, the private sector will not venture out! If it means paying down loans, then that will shore up the bank balance sheet. And isn't that what the Fed is trying to do. I don't mean to be critical of government, but every time government touches money, 50 percent or more disappears. For every dollar of taxes, there is only 50 cent of service. The efficiency of tax dollars goes down again when government builds a project. And public capital pushes private capital out of the market. So the best bang for the buck is lower taxes. It can be done now before another $10 Trillion dollars are spent over the next five years. And taxes will be cut in five years anyway, because that will be the only thing left to do.

Currency ETF Charts

Hey, can you plot the Swiss franc, too?

Currency ETF Charts

Good call. I bought CDE and HL on Friday the 13th (of February)


On Feb 14 01:47 PM JE wrote:

> I forgot gold
>
> Retrace back to the low $800's one more time. The biggest spending
> program in our history and it could not top the old high I think
> bodes ill for gold before its breakout.
>
> Yes I am a gold bug but I think gold is being suppressed so that
> money is sure to go in bonds.
>
> I also own CDE and HL. If you want to see the largest short positions
> I have ever saw in your life go to Yahoo finance and look at the
> % of the float that is short
>
> finance.yahoo.com/q/ks... and HL is
>
> finance.yahoo.com/q/ks...
>
> These short positions have been increasing since last fall and continue
> to go up. Other gold stocks are not shorted like this. This is artificial
> suppression and illegal I'm sure with naked shorts.
>
> The only thing I can see is something is going to happen to silver.
> These guys are big producers- are the maines going to be nationalized
> on a big move up in silver.
>
> CDE was below 50 cents and short positions continued to be added.
>
>
> Does anyone know anything that I do not?

The Fallacy of Floating Exchange Rates

The only leverage anyone has over government, that is that they be responsible, is a floating currency. Everyone is bashing the so called speculators, as the reason that the markets are down. Be careful what you ask for? At least now we have the choice to follow the leader or not? Time will ratify the decision. With one currency, one country runs the show; like or not. And I hope you are not suggesting 'currency by committee'. Next thing you will be doing is forbiding citizens to own gold.