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I'm a poet, painter, ceramicist by inclination, an investor by necessity. I'm a student of the markets since the early 1970's. I'm left wing politically, believe we have a great president, who needs our support, but I have disdain for government spending, though I do support government INVESTING.
Our government should NEVER spend funds raised with debt. Easier said than done, apparently!
We should be building high speed railways and schools, educating our young, and creating incubators for new energy and information technologies, instead of chasing economic problems with spending programs.
I'm a monetarist, leaning towards the Austrian school. I believe the Federal Reserve Bank should be
audited, and all conspirators in precious metal price suppression brought to trial.
On principle though, I only short or hedge my core positions enough to survive. My goal is to seek a modest but steady return by diligently hedging my positions. I do worry about the ability of our financial system to absorb the incredible runaway debt that it has generated over the past three decades, and do not believe that the boom underway in China will continue long enough to bail us out even if we were to begin a program of austerity.
Stocks - long
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Offers to Raven
Here's where I'll offload my prolific writings about the economic mess we find ourselves in, as well as my rhyming quips about the characters whom we all learn to love to hate . . . but aren't they just trying to do their job. I see the economic Juggernaut of the 21st Century as an Italian Opera, funny now,
tragic later. Join me as I bend you in your ways of thinking, as I needle your heroes, and exalt your demons!
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