ronslim

Why I'm (Cautiously) Optimistic About the Future

The proposed health care looks an awful lot like directive 10-289. I would be more optimistic if our leaders would hurry up and stand there and quit "helping" us.

How the Copenhagen Climate Treaty Will Affect Equity Markets

You have cooked your brain on pot smoke emissions. All real science has completely discredited CO2 linked climate change and ocean temps have once again cooled. The only crisis facing the US is the planned Copenhagen final destruction of our constitution.


On Oct 21 08:49 AM bartpr wrote:

> the goal of cap and trade is to force fuel users to use les polluting
> ng, solar, wind, etc. some are making changes now to anticipate
> the changes coming. change will require cap ex to make the conversion.
>
> this wil not be lost as consumer expenditures are. china and india
>
> will require some international encouragement like a tax on goods
> exported until climate legislation is adopted.
>
> we are cooking ourselves to death with the c02 emissions. something
> globally has to be done.

Gold's Current 'Message'

I am long gold. That said the other side has some interesting questions.

1. Rule change mark to market gone, balance sheets magically repaired

2. CDS intervention and transparency returns

3. bad assets returned to banks with "new value" government debt goes down, dollar rally

4. house buying incentives added, zero down etc. "because this is no time to act fiscally prudent" The sheeple buy it and gleefully charge up their accounts

5. Obama and the dems claim victory for the success of
the liberty confiscation act and demonize the repubs for standing against it



6. Obama demands and gets elected for life.

Q. what happens to gold then?

The U.S. Dollar: Waiting to Tank Gold's Run?

It seems to me not many have noticed that the Fed is "nearly" insolvent. The quality of its assets are equal to Zimbawean Bonds. I look forward to a dollar rally/gold crash.

The End of Gold

My barber wouldn't touch gold with a ten foot pole, says he's selling his junk gold to cash4gold. i think the easy short is bonds. Trading gold is for fools, probably more than treasure hunts.

However I buy gold, keep, each and every month, and I don't care what the current price is dollars. The absolute safest bet on a deflation scene is long cash. Why get cute?

Bernanke's Great Lie: The Gold Standard and the Great Depression

It seems to me that legal tender is in fact the main issue. If allowed to use grams of silver,gold, or whatever as money in contracts etc. the fiat currencies would either be restrained (unlikely) or rapidly and correctly valued. The peoples money would be the vehicle of choice for savings if not for buying groceries.

Fiat Money and a Profligate Congress: A Bad Combination

Money in the exclusive control of government will be debased in some way, always. Private money is the only sound money of a free society.