Saturday, August 27, 2011

USA Becomes Food Stamp Nation




Forget stocks; buy food



 

Debt Collapse - $20,000 Gold - Mike Maloney


This 90-minute youtube.com video is well worth your time, if you have it...and the link is here.




"Brief History of the Gold Standard in the United States"

Here's a piece that was published by the Congressional Research Service that's worth your time. I'll let GATA's Chris Powell do the rest of the introduction...and he provides the link as well. The introduction that Chris provides, is just as important as the document itself...and the link to both is here.





CBO: Federal deficit will hit $1.3 trillion




Silver Is A Tempest In A Teacup

Eric De Groot at Eric De Groot - 1 hour ago

The counter trend move in gold to silver ratio (GSR) is quietly losing steam. Other than technical confirmation, what’s not to like here? The media’s 24/7 coverage of the troubles in Europe provide the perfect distraction. When discussions turn to precious metals, it’s all about gold. Silver is a tempest in a teacup that can only be recognized after the fact. Chart: facebook.com [[ This is a content summary only. Visit my website for full links, other content, and more! ]]








Ron Paul: Candidate of Doom and Gloom

Barrons takes great delight in trashing Ron Paul...and his investment portfolio...all the while proving the case for owning precious metals...as they also posted the 3-year return on the S&P 500 right below the 3-year return on all his precious metal stocks. How stupid can you get?
Say this for him: Ron Paul puts his money where his mouth is. Over the past 16 years, the dollar-doom-and-gloom prophet has invested heavily in gold-mining stocks. It's his hedge against what the Texas Republican congressman and perennial presidential candidate calls "The Great Inflation," which he has long preached is inevitable, given the profligacy of the federal government and the easy monetary policies of the Federal Reserve. Fortunately for Ron Paul and his army of gold-bug disciples, the "stopped clock" investment strategy finally seems to be paying off. Gold and gold futures prices have been hitting record highs.
This story appeared in last Saturday's edition... The link is here.





New-home sales fall, 2011 could be worst year yet




Int'l Oil Higher On Supply Concerns 




Higher Durable-Goods Orders Ease Economic Worries




Japan Credit Rating Downgraded Over Deficit 




Few Think Bernanke Speech Will Signal Major Action 







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