A rodent can do amazing things. Run full speed on telephone wires, chew through pipes and cinder blocks, tread water for over thirty six hours, but it doesn't matter how impressive all that is, we can't get the girl home anyway. The door is too small. I'm a small time private investor, that likes to put my spare time toward monetary gain when I could just be stroking off. When I'm not fixing broken power distribution equipment or tending to household needs, I enjoy looking for short term market inefficiencies and long term trends. Mark Cuban's lunch has been very tasty, lately.
I currently have a 15 year mortgage on my home @ 3.75% with around 11 years left on it. My goal,and I know it's different than almost everyone else's ,is to have an Oz. of gold or 50 Oz. of Silver for each remaining month of the mortgage. That gives me some peace of mind,and I don't worry about daily fluctuations of the Precious metals prices. The good thing is that i'm working on both ends toward the middle and my break even point is not that far away. Sound crazy? I like the way it works at any rate. FMI : 115 GLD is about $1200.00 spot gold price :) http://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart http://www.paulcraigroberts.org/2014/01/17/hows-whys-gold-price-manipulation/ http://dictionary.reference.com/browse/hegemony 1) This was a post I read on SA by another poster.It's concerning Inflation,Keynesian economics and governments that continue to fail the people. Written by Kgroeppe : " The Fed has engineered a 97% depreciation in our paper currency during its century of incompetence and fraud, i.e., it has defrauded the working class out of much of its hard-earned money. Since 1999 the process has accelerated with repeal of Glass-Steagall. How long will it take to go the rest of the way? When the Roman gold coin reached .5% Gold content, the empire collapsed, not only economically but also socially and politically. Many people who should know better believe that we can merely substitute another currency and be back in the race again. That is not the way it works. When an economy collapses, there must be some entity to pay the bills. With a country like Argentina or Mexico, the big banks and the world economy take a hit, but it is small and causes no more than a blip in world economic activity. When an economy the size of ours collapses, it takes the whole world economy with it. With that goes the social and political structures also, because by that time the populace has completely lost confidence in everything, and does not know what to do. So what can we do? One fact we do not normally learn in history classes is that when Rome "fell" it was followed by Persia, India, China and the Arab countries. Only one government did not follow suit - The Byzantine Empire. Why? Because around 1100 the Byzantine Emperor Alexios I Komnenos did something no other head of state in history has ever done. The Byzantine coinage had gone from gold to silver to copper to base metals with its accompanying inflation, such as we are seeing now. By this time Alexios was in power, and he must have seen what was going on in the world around him, and he restored 100% gold coinage. The Byzantine economy was restored to health and the Empire lasted another 350 years when it was conquered by the Turks. Why can't we learn from Alexios? The change will involve some pain for everyone, but that is far better than what will happen otherwise. Do we want to leave behind us a healthy civilization ready to go another 1000 years, or do we want to leave only ruins? Time is running out, and that is one matter we cannot afford to put off. If our civilization does collapse,we can count on from 200 to 500 years to restore some kind of order. Until then we will be more like Somalia than Zimbabwe, ruled by warlords. This is no scare tactic. This happened around 1200 B.C. and again after the demise of Rome. We have overly romanticized the "nobles" and "knights" of the Middle Ages, but closer study reveals that they were warlords with their armed retinues. Is this what we want our legacy to be? We can joke about it and make puns on Yellen's name (I certainly have done my share), but we need to abolish the Fed and come up with better economists than we have now advising the government. They are what I call fake economists, because they have mindlessly embraced Keynesian economics. John Maynard Keynes did not invent Keynesian economics; the Romans did, and look where it took them. In 1835, Alexis de Tocqueville stated that the greatest threat to democracy was people voting themselves too many perks. We now know the truth in his statement, and it is time for us to adopt a more altruistic attitude, and admit that we have to pay for those perks, and begin to try to get this economy back on its feet. The past 6 years should have taught us an important lesson. If it hasn't, then we deserve whatever history has to dish out to us, and if we do not act now, that reckoning will be coming much sooner than we realize right now. By the way, there is one economic lesson I can impart here, which has great pertinence in the here and now. We are told that inflation is running about 1.5%, but the figures used to compute this figure are selected. Inflation manifests in three ways: A. increase in prices B. decrease in quantity C. decrease in quality Have you looked at the size of the containers of food you buy in the grocery, or have you noticed the quality of cloth in your most recent clothing purchases? Now you can decide how serious inflation is at present." 2.. When it comes to dealing with the government and particularly the present Obamacare TAX you to death administration,my favorite thought comes from Larry Gatlin of the Gatlin brothers. "You take your dog to a Veterinarian who also happens to be a Taxidermist ,no matter whether your dog gets better or not you will get your dog back" Gotta love the logic in that :) 3. A Collateralized Debt Object CDO is a perfect example of how bubbles occur.Gold may have paper bubbles created ,but Gold itself is not a bubble.If it reflects the market of paper trades that become bubbles ,it will be a safe haven in times of crisis . http://bit.ly/XuOwnV .Paper trades of anything can be done in excess.That's my point plain and simple. Please read 'The Big Short' By Michael Lewis and you will realize how wrong the line of thinking of throwing money at investments can be.Anything can be a bad investment when taken to extreme., I wish we could all just see these type of so called investments for what they are. Paper trades are fine and serve a purpose ,if that is what you want . But it doesn't make Gold in your portfolio a bad idea ,all things in moderation . The CDS http://thebea.st/10OOtSF market was a perfect example of an investment that was not suitable for people to be engaging in. Who knew what these things really were? In Lewis' book he points out many times how those making crazy profits off of these CDO and CDS transactions were the most blind because they didn't do their due diligence. Why should they ?They were making money with other peoples nest-eggs , and why rock the boat . 4.MONEY : What is it? Money must be a store of value, be fungible, be a unit of exchange, be portable, be durable, and be a unit of account. Fiat currency has all of these characteristics except one: It is not a store of value. The material it is made from is useless and it is no longer backed by gold. This makes it a currency, not money. Gold has always been money because it meets all of these parts of the definition and then some. It cannot be made nor destroyed. It retains its value and cannot be inflated. ALL fiat currencies go to zero eventually, gold and silver hold their value Flat earthers(Global warming hoaxters) are usually unaware of this : Isaiah 40:22 It is he that sitteth above the sphere of the earth, and the inhabitants thereof are as grasshoppers; that stretcheth out the heavens as a curtain, and spreadeth them out as a tent to dwell in; Almost 700 years before Christ Isaiah wrote about the earth as being round (A sphere) not Flat.And many of the early scientist realized this Newton,Galileo. The Book of Isaiah was written between 701 and 681 B.C.....>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Bastiat recognized the greatest threat to liberty is the government.He understood and identified that evil governments acts of "legalized plunder " are the greatest threat to liberty.
Bastiat " If the law takes from some persons what belongs to them ,and gives it to other persons to whom it does not belong,if the law then benefits one citizen at the expense of another by doing what the citizen cannot do without committing a crime it is legalized plunder"
Frederic Bastiat could have easily been a fellow traveler with the signers of the Declaration of Independence,
"That's an accurate description of legalized plunder ,and we can only reach the conclusion that most government activities are legalized plunder otherwise known as legalized theft" Walter Williams.
The Clinton hyperbole is that the Clinton administration had a surplus. There was NO surplus.. The national debt increased by $18 billion. The so-called Clinton surplus was a projection only into the year 2011 and never existed as cash in the treasury. It’s easy to predict a huge surplus when you raise taxes on the middle class and gut 50% of the military, but Social Security supplied the "surplus"--which has been borrowed by the Federal Government every year, including under Clinton to generate the "surpluses"- the SS surplus evaporate in 2010 rather than the previous projection of 2017 projected by the Social Security Administration. while the public debt went down in each of the four years, the intragovernmental holdings went up each year by a far greater amount--and, in turn, the total national debt (which is public debt + intragovernmental holdings) went up. There was NO surplus.
Cruise Focused Tour Operator member of National Tour Association(NTA) and Cruise Lines International Association (CLIA) with a BA Degree in Biology from West Chester University and an MBA from Pepperdine University.
We have sent tens of thousand people on cruises domestically and international.