Anomander

The Coming Economic Collapse, Part 1

Agreed. This looks like it will be a terrific read. I hope the author is able to fit in a word or two about the disaster called the 'Community Reinvestment Act'. Without that, there would be not be a reference to a 'ground zero', re: housing crisis, etc.


On Jun 05 11:31 AM Swashbuckler wrote:

> Thanks. Looking forward to Parts II and III.

Will Gold Continue to Shine? A Bullish Option Strategy

Why hold ETF's (fools gold) when you can hold the real item? Baffles me. Now, having said that...sure, once you salt away your stash of hard gold and silver, by all means stretch out and invest in the markets and that includes ETF's.

The US is heading in the wrong direction philosophically, so there is no way they will be able to pull out of the double-digit inflation heading their way.

Let's size it up. China and others have lost their appetite when it comes to rounds and rounds of debt selling. Obama will not allow off-shore drilling. He won't even allow coal in the US - evidenced by the closing of 300 mountain top mines. He will want to push ahead with plans to foist an expensive agenda upon the American people - socialist medical plan, anti-nuclear, anti-off shore drilling...basically anti-energy.

He wants to adapt the Spanish Plan when it comes to green energy. That plan is a DISASTER if anyone has taken the time to study it.

No way an administration such as the one we have now in Washington has the core direction to make the economy as the number one issue at the table.

Instead of gutting pie-in-the-sky social experiments, Obama will spend billions on them. Instead of imposing a two year moratorium on capital gains tax...he'll impose moratoriums on traditional energy sources. Instead of cutting taxes, he will raise taxes. Instead of letting weak businesses fail and get out of the way - he'll spend billions propping them up.

Owning hard gold is the only way a market savvy investor has even a chance for future security.

Will Gold Continue to Shine? A Bullish Option Strategy

Sounds good...but there is NO SUBSTITUTE for owning hard physical gold. The US dollar will crash. There will be double-digit inflation. The boffo's stand on the wrong side of capitalism to be able to rein in inflation....thus gold and silver will become the only asset worth anything.

Seriously, expect Washington's left-of-center administration to do *anything* but the right thing. They will NOT cut taxes, eliminate the capital gains tax for a couple of years, pare back on their pie-in-the-sky social programs. They will NOT abandon their dream of universal socialized health care. There's more, but I think you get the idea....