cottontop

What's Next for Gold and the Dollar?

Sirs;
The answer!! Buy what ever you can and sell it at a profit. Put your un-needed money in silver or good land. Better silver, as it can be hidden in coffee cans. Hard to tax that. A lot of gold and silver is being used to electroplate gobs and gobs of items; jewelry and industrial products, and will never be recycled. Also, look for a shortage in copper, tin, and nickel. China will have an abundance.Any that forward looking people can salt away will buy that proverbial loaf of bread. When not if, the dollar becomes worthless.
Education and health care: The answer to everything . When politicians don't like to face the true issues, they invent some phony ones. Well, well, folks, may I say! welcome to Johnsons' "great scociety".
Me! I'm gonna salt away all this BS floating around and use it for organic fertilizer. I'll make a fortune. Think I'll start with this.
Ole Cottontop strikes again

The Coming Economic Collapse, Part 2

Having lived a bit longer than most of your people, it could be that I could shed some light on a few things. Several years ago when "service" jobs were becoming more important, my question then and now was was and is,"will we be reduced to shining each others shoes" in order to make a living? Over simplification, yes! Thought provoking, again, yes. At about the same time, or maybe somewhat earlier, large manufacturing companys were failing or moving to warmer climes. Can it be that trade unions are pricing themselves out of business? Where is US Steel, and the other large steel companies? Several large companys can be named. Where are they? Japan, while having virtually no iron deposits or coal, is one of the largest steel makers in the world. The finished products are shipped out, the raw materials are shipped in; using what? Labor and oil. Shoes and other leather goods; Brazil. Cheap goods of every discription China. No point of going on with this part. Any thinking person gets the picture. Greed at the top, true in every business in the US. This happens under the nose of anti trust law. Me thinks something is rotten, not only in Denmark, but the US too. Does an auto maker in Detroit think that he can pay union people millions of dollars to sit on a beach somewhere, get over 100.00 an hour, counting benifits, and sell their products to people making 18.00 and 20.00 an hour? That kite will not fly very long, folks. The auto industry is on the verge of total ruin.
The first time this sort of thing happened, tarriffs were placed on out of country products and the results were not good. Other countrys returned the favor. Does anyone know what happened after the first "tea party" ? WAR! Does anyone know what happened the last time we elected a president with the experience of this one? WAR! As any good historian knows, over 1,200,000 americans died. The scars have not healed. Southerners didn't like paying 5.00 for a item that could be bought from England for 1.00. Neither did they like paying more to ship cotton than iron makers payed. Does no one see the similarities?
Sleep well
Cottontop

Gold / Silver Ratio at Code Yellow

Im' a poor boy, just trying to make a buck. Inflation is coming! quick! I believe silver mining ( the right ones ) and refineries ( again, the right ones) are the future million dollar babies. My question: How do I buy, with my own money, the stock certificates, in my own name? I do not mind paying a broker, but I do not wish him to own me. Raymond Sirmans Tifton, Ga.
raymondsirmans@hotmail...
I have never ownrd one share of any stock, nor mutual fund. If I want to survive the coming storm, I think some thought change is necessary.


On May 04 07:30 PM capt Brian wrote:

> Let me try... Gold is a safe haven, when stocks and economic stuff
> is doing good, sell gold buy stocks. Economy good, we need some silver,
> so silver gets a boost (somewhat) and as the Gold Silver Ratio [GSR]
> narrows, it does so because silver is being used now a little more
> in industry, {as will gold, but not as much percentagewise} so gold
> softens, and silver does too but not as much as gold, so as the GSR
> narrows, it could portend some increasing economic activity.
>
> Now, that may be only speculation driving up silver and gold down
> during a time of stocks rising.
>
> BUT, this time there is a monkey wrench in the machinery... It is
> the simple factor of HOW our 'recovery' happened'.
>
> It did NOT recover because folks felt better, were making more money,
> had more money to invest, and took whatever cash they had left and
> prayed for a recovery in stocks they stayed in during this horrific
> sell off.
>
> I doubt seriously there is new money coming into the stocks from
> the general public, methinks they are shaking in their collective
> boots.
>
> The money is coming from sidelined money that exited huge investments
> by mutual funds, etc who HAVE to make a profit to pay the promised
> returns. Annuities etc.
>
> Look at the headline this morning in the front page of the Palm Beach
> Post. Saying how many have to accept lower wages. some places are
> not laying off, just saying, "Why doncha come in only one day a week
> til things improve?"
>
> So now we begin wage deflation. And where is the money going to come
> from to continue to buy ALL the non-essential goods we have been
> buying our kids for decades?
>
> That should be enough for you to chew on. I hope that helps..
>
> PS if that is what u r haning your hat on to make an investment.
> STOP make another plan!