There's an old adage : Teach a man to fish and he will eat for life. Updated version: The rule has become : Give a man someone else's fish and he will vote for you ! ..................................................................................................................... Capital is fungible,when used properly it goes where it is best employed. Fiat money in America is created solely as a result of the Federal Reserve system. Therefore it is totally accurate to say that the Federal Reserve system generates our most unfair tax. Both the tax and the system that makes it possible should be abolished. The political scientist who authorized this process of monetizing the national debt and the monetary scientist who carry it out know that it is not true debt. It is not true debt because no one in Washington really expects to repay it, ever. The dual purpose of this magic show is simply to create free spending money for the politicians without the inconvenience of raising direct taxes and also to create a perpetual river of gold flowing into the banking cartel. ........................................................................................................................ Each year since 1969, Congress has spent more money than its income. The Treasury Department has to borrow money to meet Congress's appropriations.The Congressional Budget Office web site's deficit analysis will show this . We have to pay interest* on that huge, growing debt; and it dramatically cuts into our budget.
Forget who wrote this but I liked it.
Some people refer to a "dollar" when actually they mean a Federal Reserve Note? In spite of what is written on the Special Linen Paper with special Ink: in the middle of the bottom "One Dollar". Please do yourself a favor and do not be fooled, it is, as is spelled out across the middle top: "Federal Reserve Note" (NOT a United States Dollar).
Genuine United States Dollars are a thing of the past. They existed long long ago when each and every genuine United States Dollar was backed by three quarters ounce of (very) genuine silver. Repeat: each and every United States Dollar was backed by three quarters of one ounce of genuine United States Silver. No More. Quoth the Raven: "Nevermore" (too expensive, our currency to cheap).
These are Federal Reserve Notes, backed by (hot) air. Beware of them, they are in decline now and there is nothing to stop their further slide, even acceleration in the rate that they slide. They will NOT be stopped, in their decline, by the value of three quarters of one Troy Ounce of Silver. That support/guarantee ended long ago. Back then you could visit any U.S. Bank, during business hours, and exchange paper for genuine silver dollars (real silver). Try exchanging any Federal Reserve Note for a (90% Silver U.S. Morgan or Peace) Dollar TODAY and you might find yourself good for a laugh-out-loud. What you will not get is, in exchange for these Federal Reserve Notes which pretend to be U.S. Dollars (after all it says "Dollar" right there in special ink written on the special linen paper!), a Genuine Silver Morgan, Peace or even an 'Ike' (less Silver but some Eisenhower Dollars have Silver in them) United States Dollar.
In Winter the media and leftist call it "Climate Change" in the Summer they make sure to refer to "Global Warming"
It's always a psychological warfare with the anti-logical left. They need to demoralize those that believe in truth.As a matter of fact they must demoralize their own followers in the democrat party to gain traction. They can't be for good ,they lose power if they do.
Retired sales executive from many different products in the B2B arena. Was licensed as a financial planner with a Series 6 license for a short time. Swing trader/day trader with a preference for tech. I am not a seasoned professional analyst in the financial arena, but I do spend a considerable amount of time reading a variety of missives.
Hi, my name is Dave. Retired Senior Manager after 35 years in Information Technology. Bachelor of Science in Mathematics, way back when. I'm managing my retirement dividend growth portfolio with an objective of higher than average current dividend yield coupled with annual dividend growth exceeding the long term rate of inflation. The goal is to use dividends to supplement my pension and Social Security income. I maintain a smaller,taxable growth oriented account to generate capital gains over the medium term to periodically refill a safe bank account for additional spending.
Chris (firstname.lastname@example.org) is an Hon B.Sc graduate (with distinction) in Science and Economics with over 15 years in investing experience. He holds a PMP (Project Management Professional) designation. TipRanks Top 100 Blogger of 2015 (also 2013, 2014). Seeks undervalued, unappreciated value stock ideas. Follows Warren Buffett's mantra: do not lose money. For a better mobile experience on Seeking Alpha click on the top right menu icon on most browsers and select "request desktop site".
I retired in 2006. I spent 30 years in the semiconductor industry. I have been a dividend investor for 25 years. Currently primary investment is in traditional dividend payers, most of which are discussed on seeking alpha. I also invest in preferreds. I stayed fully invested through internet bubble and financial crisis. Can't say I slept well in the recent crisis but I stayed in the market. Now glad I stayed in.
The Teutonic Knight retired as senior lead staff engineer from a US Fortune 500 technology corporation. He earned a Bachelor's degree in electrical engineering science (intensive option) from the University of British Columbia, and a Master's degree (First Class) in satellite communications engineering, from the University of Ottawa, respectively. Having practiced space mission system engineering in the intelligence, surveillance, and reconnaissance (ISR) with the Canadian and U.S. governments for decades, he was elected a Lifetime Senior Member of the IEEE (LSMIEEE).
When will long-term investors have any cash to deploy? If you believe in their mantra, most of them think people should be nearly fully invested nearly all of the time - it is rare to have a long term Buy and Hold investor to keep 30% in cash for buying opportunities. How much of a loss are you willing to suffer waiting for a recovery? 10%, 20%, 30%? Do the numbers and see what kind of gain you will need to recoup to the break even point on several loss levels to get an idea of how long you may need to wait. For example a 30% loss requires a 43% gain to get back to the break even. A 20% loss takes a 25 % GAIN to get back to even.$100,000 - 20% = $80,000 . 80k X 25% = 20,000 +80k =100K There are few assets like PM's that are liquid and have NO counterparty risk. If you know of any that perform that function please post it for all to see. The fact of the matter is that some people ONLY save any money because of Precious Metals. If it were not for their gold and silver many would not have any money saved or invested. They would have Beanie babies or some other fad item. The people that buy Silver Eagles are much happier ten years later when they bought those coins made of PM's for their grandchildren (or whomever) when they find out the $8 - $12 bucks they spent is worth more than they paid.And the recipient learns a valuable lesson from it. There are good gifts and not so good gifts. Silver Eagles rank near the top of the list. Don't underestimate the power for people to develop good savings habits using PM's . It's fundamental. Our welfare system is a huge drain on the economy .Those of us working for a living instead of voting for a living see huge holes in our paychecks every week. As unfortunate as it is to know that cuts to foodstamps and welfare will likely cause a bit of suffering, it’s not the job of the government to forcibly remove money from the pockets of hard working Americans in order to take care of those who won’t work. Granted, there are some people who genuinely need the help, and those folks get dragged into the mud with the abusers, which isn’t fair to them. Now, just because the government shouldn’t be “helping” those in need, doesn’t mean we as Americans should forego kindness and charity. Quite the opposite. Americans are some of the most generous people on the planet, but unfortunately, that generosity gets quelled when the government is involved.Without the government in the way, regular every day individuals like you and me need to step up and start helping those who are in dire straits. That’s how this country used to be long before all of the social welfare programs, and it’s what made our nation so wonderful. If the government insists on being “helpful,” they can start by reducing taxes and ridiculous regulations that overburden small business owners, which will free them up to expand their companies and hire new workers. Two of my favorite comments ever on SA Avi Gilburt , Contributor
WOW!!! So, I guess when sentiment is at historical lows, we MUST assume it can only continue down!! lol
All you say constantly over and over is "I don't understand how it can work, so, clearly, it does not work." That really does not need much of a "demonstration" or response.
........................ . I hold "Cash" in the form of real money .In 1971 Nixon set the price of gold at $31/oz, today it's around $1,200, so in 45 years the price has gone up 3,158% . If you bought the stock market in 1971, when the Dow was around $900 you realized a very impressive gain but well short of gold and what it buys you now in 2017 .
....................................................................................................................................................... Let's say 50 years ago, 1964, your grandfather bequeathed you an inheritance worth $1,000, which he put in a pretty box with your name on it. At this moment, you are about to open that box… Would you be happy to find his personal check dated 1964 made payable to you; would you rather find ten $100 Federal Reserve Notes; or would you prefer to find that thousand bucks in the form of 4,000 silver quarters, the steady constant value of 715 ounces of silver, with a current dollar number north of $12,500? Would your choice be the same if you were putting your wealth away today for an heir to receive in ten, twenty, or fifty years?
..................................................................................................... Financial contagion happens at both the international level and the domestic level. At the domestic level, usually the failure of a domestic bank or financial intermediary triggers transmission when it defaults on interbank liabilities and sells assets in a fire sale, thereby undermining confidence in similar banks. An example of this phenomenon is the subsequent turmoil in the United States financial markets. International financial contagion, which happens in both advanced economies and developing economies, is the transmission of financial crisis across financial markets for direct or indirect economies. However, under today's financial system, with large volume of cash flow, such as hedge fund and cross-regional operation of large banks, financial contagion usually happens simultaneously both among domestic institutions and across countries. The cause of financial contagion usually is beyond the explanation of real economy, such as the bilateral trade volume. .............................................................. http://seekingalpha.com/instablog/5038891-interesting-times/4950996-blog-jws-conspiracy-chapter-1#comment-74267378http://seekingalpha.com/instablog/5038891-interesting-times/4950996-blog-jws-conspiracy-chapter-1#comment-74267378
Mr. A. Paul Gill has been the CEO of Lomiko Metals Inc. TSXV: LMR, OTC: LMRMF since June 2009 and CEO of Lomiko Technologies private) since 2014. Mr. Gill developed significant experience in the strategic development of resource companies such as Norsemont Mining,Inc. (Bought by HudBay Minerals for $ 512 million). He has held the positions of President, Chief Financial Officer, Corporate Secretary and Vice-President of Business Development of Norsemont Mining Inc. and served as a co-founding director. Mr. Gill has been a Consultant of AJS Management private) since March, 2001 and a Director with Graphene 3D Lab TSXV: GGG, OTC: GPHBF, Graphene ESD and Epic Mining Corp.