FDNY RET

Gold ETF Adds a Little Metal to Its Inventory

SURE!! And Madoff was supposed to have all those stock certificates!!.
Suppose the same bean counters are certifying the vaults??.
It doesn't always just happen to the other guy!.

Gold Breaks $1,100: Does It Matter?

If China buys it's domestic gold with those worth--less--every day U.S. dollars, then who will hold those dollars??. And what will they do with them.
At least the IMF can dump them into that bottomless pit of third world'rs who never pay them back anyway, so "why care"?

Richard Gray on the Two Real Drivers Behind Gold Price

The charles Schwab pop up blocks and makes the article unreadable!!!!

Why Gold, If Deflation Is the Threat?

Zimbabwe printed a "LOT" of money, even more than us in comparative size terms of course.

One has simply to look at the method of purchasing today's bread by the population there to make the case for gold.

Rolf bewilders me: He seems to say if you dip the brush often enough in the black paint can the velocity will give you a white wall. Then upon reflection, says, wait a minute, upon close observation, the paint in that can really is--and remains, Black.

And see who takes your ETF , after the collapse, in tomorrows black market??. The sign will read "No checks for Chickens". And no amount of Political numbers "Razzle-Dazzle" is going to put one in your pot!!.

Cash for Clunkers Saps Demand

What seems to go unsaid: The $4500.00 carrot has, in 98% of cases turned into a minus loan payment stick, as strapped consumers were "Lured" into dumping their "Paid for" with 50,000 miles left in 'em "Clunkers" for a "saving" new car that won't offset a smidgen of their newly acquired loan payments on it!!.

He who was broke before is "More" broke now--in upbeat economy terms!.

Now what effect do you divine that holds for the remainder of the retail sector--besides just cars??.

Duhhhh--Smart!!---Very... -Smart!!, The Punchinello Czar is certainly earning his pay!!

Car Sales Down Post Cash-For-Clunkers

All I can think of is, changing: "How do you keep 'em down on the farm after they've seen Paree??".

To: "How do you get 'em back in the showroom after Santa Claus leaves??".

Housing Construction Rises Slightly

Sure glad the upturn was explained: I had erroneously perceived on the chart above, that "economic upturn" to be a speed bump on the side of a seriously steep mountain side.

Now when the "dollars for dumps" plan goes into effect it'll be straight up to the greenhouse ionosphere!!.

Q: How do you haul a house to the dump??.
In Ca it's easy, you light a match, but what about Louisiana??, Blow the levee??.

Precious Metals: Breakout, Fakeout or Shakeout?

In strictly analytical terms: It's not son much the allure of the rising value in gold/silver, it's the absolute-justified abhorrence of the paper dollar and it's almost 100% predictable future free-fall!.

What else can you put in your pockets, and go shopping with, that will buy as much -or more- than it did yesterday?? Bullets?, Seeds?.

What's the only thing a Zimbabwe resident could do to buy a loaf of bread??.
Ans: Go to the river with a pan, and come back with gold.

Let's not be too investment minded and make a cerebral complex puzzle out of this. Everyone knows that unless Bernanke is able to turn all the economic laws of the centuries on their heads for the first time in history, economic Armageddon is not far off.
And the mood of the Country is not reassuring!.

Peak Oil: A Reality or a Lie?

Anytime you place a question mark after the words "Peak oil"-The article is aimed at fools, who don't realize, there is NO question.

Thinking souls will shun it--Yes I admit I peeked-(Not peaked)--anyway just in case, there was a case, for a kernel of doubt--there wasn't!.

France's Bank Bonus Rules: What Were They Thinking?

If you're used to failure--Then a Govt. position is for you!!.
NOW-You can punish those who made you look bad.

Quelle Fou!

How PHEVs and EVs Will Sabotage America's Drive for Energy Independence

I believe the real bottleneck is the range of the all electric which has the best cost per mile, but not enough miles per charge. And too long to recharge.

The solution to this is --not to own the cars--but devise some kind of Rental/club/share program where you drop the car at the end of the line at the gas station where it goes on recharge, and with your credit card key, take a fully charged one from the front of the line, and drive away. Takes no longer than gassing up and uses only elec.

For displaying ego and personality, drive your Lamborghini-2nd car to the beach on weekends, use 5 gal of gas, and be seen polishing it in the driveway.

U.S. Economy: Now Comes the Hard Part

Sho' Nuff', DyBy: Just peeked out the window at the Chinese Junks tied up to the dock.

I predict: As soon as our "One Trick--print and stimulate--Pony realizes the impossibility of our economic course, we will treated to the "Grand five year plan" for the Nations advance. Silly things like elections will be suspended till complete --(or a rollover)--of course!.

Starting to make sense why the benefits of the stimulus of day two were directed to the Auto industry that was "Nationalized" on day one.

Six Important Gold Price Indicators

Ever so sleight a glimpse of reemerging interest rates.

A Pork for Pork Program?

What was that recent "Hams for the masses" all about where the Govt. paid double the market price to put a ham steak in every skillet??.

Or maybe the producers just rolled it into their production goals??
$10,000 for clunkers next year, at $75 an hour I'm sure the UAW will approve.

Let's see a bandage as a bandage not a way of life.
Apparently the big pork consuming Chinese in spite of higher earnings have no taste for our Porkers????

Dollar to Lose Reserve Status - But Is There an Alternative Currency?

As long as we pursue a course of monetizing an impossible debt by increasing our currency numbers anyone would be a fool holding depreciating paper as a reserve.

Eventually, to insulate it against tampering, an international credits system based on a basket of tangible commodities will probably be adopted, if nothing more than to stabilize future trade in the commodities themselves.

These may even filter down to national commerce, with the FED kicking and screaming every step of the way. They're making their bed--they may have to lie in it-----like the rest of us.