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Facts&Faith

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  • Is It Time To Just Give Up On Gold? [View article]
    The game is divide and conquer. Ever notice how the two parties are either liberal everything or conservative everything while the vast majority of voters are liberal social and conservative financial. That is not an accident. Representative government can't work for the benefit of its citizens when no party represents the majority of its citizens. It can only work for the conquerors. I have voted in 9 presidential elections and yes - I expect exactly the same doom regardless of the outcome. Divide and conquer...
    Oct 26, 2014. 11:11 PM | 1 Like Like |Link to Comment
  • Is It Time To Just Give Up On Gold? [View article]
    Your dreaming... Something for the average working American. Not even on the radar. That is the source of American wealth - not the recipent.
    Oct 26, 2014. 10:58 PM | Likes Like |Link to Comment
  • Is It Time To Just Give Up On Gold? [View article]
    http://bit.ly/1rpqS6u
    Oct 12, 2014. 08:41 PM | 1 Like Like |Link to Comment
  • Can Your Gold Be Confiscated? [View article]
    A very old story I remember from the mid-80's goes something like this... The reason Reagan could borrow so much more than any president before him is that Carter signed a treaty or some such thing which made Americans private property available to the federal government for use as collateral. The story goes on to say that treaty is also is the reason our National Parks now have International obligations and that when the collapse comes our creditors own everything. Not just your gold - everything. I have no idea of the veracity of those old tales.
    Oct 10, 2014. 11:18 PM | Likes Like |Link to Comment
  • Can Your Gold Be Confiscated? [View article]
    Avi, Thank you for this reminder. Especially for telling this to those too young to have heard these stories directly from the generation who went through gold confiscation. You said what needed to be said in a studied and reasonable way without sensationalizing the facts.

    It is hard to add without sounding sensational; but I would like to say that the government of today is far larger and less threatened by a response from the public than it was in those days. So I will not be surprised by a faster plus more thorough and brutal confiscation next time. I expect little public response after the government spins excuses that hide behind class envy. Those who did not prepare will prefer you share their misery over rising up to help defend your fortune.

    I would also like to suggest not storing your treasure immediately with your loved ones. There are very affordable devices, both government and bad guys can obtain, that are able to detect gold from surprising distances. Losing your treasure is far preferable to losing your loved ones.
    Oct 2, 2014. 03:59 AM | 4 Likes Like |Link to Comment
  • Straight Talk On Gold - You May Not Want To Hear It [View article]
    And there are many stocks you could have invested in that have since gone bust, many wells that were dry, and a dustbowl full of farms.

    All things have their time and place. For me... The question is not gold or not to gold. The question is gold now or later?
    Mar 27, 2014. 11:11 AM | Likes Like |Link to Comment
  • Gold: The Declines Won't Stop Here [View article]
    Gold; always good for an argument, especially after one with your wife.
    Mar 26, 2014. 07:43 PM | Likes Like |Link to Comment
  • Straight Talk On Gold - You May Not Want To Hear It [View article]
    From an earlier post last December...

    Or another way to look at it since this is about investing… A 14 mm diameter 1922 U.S. Gold Dollar (President Ulysses S. Grant on the face) is worth about $1,000 today. Eight hundred of them would be worth about $800,000. $800 invested in the DJIA on December 6, 1922 would be worth about $130,000 today. An $800 1922 Ford Model T is worth about $19,000 today. The choice is yours. Past performance does not guarantee future results.
    Mar 25, 2014. 01:24 PM | 1 Like Like |Link to Comment
  • Who's The Sucker? [View article]
    A fun read well put.
    Mar 24, 2014. 11:09 AM | Likes Like |Link to Comment
  • Expect A 10-20% Surge In The SPDR Gold Trust Next Week [View article]
    I have six children. The youngest is 6 and the oldest is 24. I would die to give them the same chance at a free life I have enjoyed. I would not kill for a simple rigged vote or I would have already had to do so. It is a foreign power usurping the voted will of my nation, whether I agree with the outcome or not, that I would be willing to go to war for.

    I'm thinking you did not fully grasp what I was trying to say. I will try to do a more pointed job here. I am arguing against going to war, or even posturing for a war, in Crimea.  I am arguing that the Obama position is one I would fight against if I were Crimean. Not because I agree with the outcome of the vote, to the contrary I despise it, but because it is Crimeas choice to make not Americas.

    You can lead a horse to water but you can't make them drink. More pointedly: you can't protect a region from something they want to embrace.

    Another father
    Mar 17, 2014. 03:46 PM | 1 Like Like |Link to Comment
  • Expect A 10-20% Surge In The SPDR Gold Trust Next Week [View article]
    96% http://cnn.it/1g2THpq not that I am a CNN fan.

    Absolutely no argument the history of Crimea and the various ethnic groups in Crimea sucks. How does our current foreign policy set that right? I would personally rather die for my nation than live under Russian rule. But I would just as rather kill than have my vote subjugated by a foreign power. So, however much I disagree with their choice, I will respect it just as much as I expect them to respect mine.
    Mar 17, 2014. 11:30 AM | Likes Like |Link to Comment
  • Expect A 10-20% Surge In The SPDR Gold Trust Next Week [View article]
    And a good job of it to. The west is definitely winning the hearts and minds of Crimea when only 96% of them vote to rejoin Russia! I have to wonder how the average American would react to Russia imposing sanctions on the US because one of our allies voted 96% to do something Russia did not want them to do...

    A war can only be won when the enemy is only provoked into battles that can be won. Americans have no interest in supporting Crimea long term. What are we going to do? Send tankers of water to their ports forever so they don't die of thirst. Obama is picking a fight Americans do not have the heart to finish and Putin knows it. This is the stupidest and most predictable foreign policy failure in the making I have ever witnessed in my life.
    Mar 17, 2014. 10:50 AM | 2 Likes Like |Link to Comment
  • Expect A 10-20% Surge In The SPDR Gold Trust Next Week [View article]
    Economic sanctions will not last any longer than after the Georgian war of 2008. Neither will they have any more measurable impact than back then.

    P.S. Has anyone asked why "that whole economic sanction thingy"? I cannot find a single article explaining why Crimea is important to America other than our own self made perdition of sanctions and whining...

    Or put another way - what dog is this tail wagging?
    Mar 16, 2014. 07:04 PM | Likes Like |Link to Comment
  • Expect A 10-20% Surge In The SPDR Gold Trust Next Week [View article]
    OK, let's be honest here. Everybody who knew where Crimea was before this year raise there hands. Who could last year, from memory, name their major exports? Largest trading partners? Crimea is not even self supporting so they have to have Russia or someone to survive. They cannot win a war because the electricity, gas, and water - all imported - will just be shut off. Obama will find a rock to hide under, Russia will do what they want, and American business will see no impact beyond increased news sales. Invest in the news providers if you want to play Crimea.
    Mar 15, 2014. 05:59 PM | Likes Like |Link to Comment
  • The Gold And Silver Smack-Down Cometh [View article]
    KF, While you are still waiting for Gold - you do realize from the prices posted that my down call was about Silver and not Gold, right? I'm asking because in the time you have been waiting Silver has been up, down, up, and back down again. I have took profit on four minute waves since this was published. Each of the four was recorded here in posts right after each sale. As far as Gold is concerned; the two traded very in sync today. I have no idea if that is coincidence or if they are going to go back on separate paths. I have not studied Gold much lately. I expect silver to bottom out this minute down wave on Wednesday night or Thursday day. Though after four good calls in a row it is about time for me to mess one up.
    Mar 4, 2014. 04:24 PM | Likes Like |Link to Comment
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