May 2011
May 26, 2011 –
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Free markets are absolutely fascinating because in the end they get the price right, but the road is filled with ups and downs. This is where investors can make money, buy low then stomach the ups and downs, then sell high. [more]
May 23, 2011 –
I have to admit, I too was stunned that the U.S. dollar is still linked to gold. No, you can't trade your dollars in for gold. No, the dollar does NOT say it has any value in gold. But Mary J. Miller (Assistant Secretary of the Treasury for Financial Markets) argued why the U.S. can not sell its gold to help pay down our debt. Her conclusion:
A “fire sale” of the Nation’s gold to meet payment obligations would undercut confidence in the United States both here and abroad, and would be extremely destabilizing to the world financial system. [more]
May 14, 2011 –
"Austerity advocates predicted that spending cuts would bring quick dividends in the form of rising confidence, and that there would be few, if any, adverse effects on growth and jobs; but they were wrong. [more]
May 13, 2011 –
Incumbents that voted for the bank bailout in 2008 will be eliminated in the 2012 election with this amazing campaign ad. Here's how it goes: [more]
May 05, 2011 –
My assumption is that most Americans aren't stupid, but either the readers of FoxNews are OR the writers at FoxNews are very stupid. [more]
May 05, 2011 –
You can do all the fancy analysis you want, but the fact remains that over the last five years, silver tracked gold but lagged behind. In the last three months it has blown past gold (on a % basis) and it has recently dropped below $40. So is Silver under or over priced. [more]
May 03, 2011 –
I say "we" as in the majority of Americans, not as individuals. Yet what I'm about to show you is right off my facebook page, with personal information deleted/changed. This is an exchange between myself (whacky libertarian freedom lover) and a democrat friend of mine. His wife actually owns an Organic Food Store, so I was expecting him to be a little more left and therefore a little less pro-War. [more]
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