admar

How to Determine in What to Invest

Unfortunately regardless of how much or how good the quality of the research one does these days it is of little value in this market. I heard a very wise saying many years ago that is very appropriate, especially at this time. It goes like this,"When the big fish are feeding, the little fish need to be under the rocks". With an inattentive and somewhat ignorant IE:(Burnie Madoff) SEC, A biased and too cautious Treasury, the legality of big boys being allowed to see offers and bids ahead of the transparent market, the Fed making secret moves to control the dollar value it is apparent that the market is rigged in favor of the moneyed gentry. In reading about the inherent risks associated with offerings that should be safe haven (GLD & SLV) I have determined that I should be under a rock. Being retired and on a fixed income and fearful of my Govt. (health care overhaul, cap in trade, energy policy, global warming, etc.), and taxes and inflation I am compelled to keep a significant portion of my assets at risk. Rom Emanual is credited with saying it best for me when he is quoted as having said "never let a good catastrophe (or emergency) go to waste". The average person doesn't stand a chance when the door's of the vault have been thrown open to the predators at the gates.