Those are $100 FRNs stacked tightly together. Thanks Chris!
We are so doomed...
Tuesday, July 26, 2011
Debt! I Don't Need No Steenkin' Debt!
Well perhaps not, check out what I got from sonsoflibertyacademy.com:
Those are $100 FRNs stacked tightly together. Thanks Chris!
We are so doomed...
Those are $100 FRNs stacked tightly together. Thanks Chris!
We are so doomed...
Very Little Comment Necessary
Gold: $1617.
Debt talks: Stalled
Better cook up another week's worth of popcorn.
Debt talks: Stalled
Better cook up another week's worth of popcorn.
Monday, July 25, 2011
I Have Silver Articles by Other Authors Coming Soon!
What the title sez...
At least one will be a link (lots of graphics that probably would not come through as a blog article), one will be a chapter from a book (and I will fully cite the author) and the other looks like will be written by another author.
I will review each one again before posting them here. While none is EXACTLY "The Case for Silver", the three articles will give silver a fair shot at convincing those skeptical of silver as the "right" PM. Although most of you know I like all the PMs, I like gold the best.
Maybe the next article "in this space" after I put up the silver articles will be one or more on platinum (and maybe palladium)... THOSE metals are of great interest as well. Metals in general are interesting... If I had had the brains and not have been such a lazy student in college all those years ago, I could have majored in Material Science, a truly interesting patch in the universe of science.
And I will not forget my beloved gold nor the rare earth metals! We have such a great universe of knowledge from which to choose, I want to be there with you all as we navigate through these treacherous times.
At least one will be a link (lots of graphics that probably would not come through as a blog article), one will be a chapter from a book (and I will fully cite the author) and the other looks like will be written by another author.
I will review each one again before posting them here. While none is EXACTLY "The Case for Silver", the three articles will give silver a fair shot at convincing those skeptical of silver as the "right" PM. Although most of you know I like all the PMs, I like gold the best.
Maybe the next article "in this space" after I put up the silver articles will be one or more on platinum (and maybe palladium)... THOSE metals are of great interest as well. Metals in general are interesting... If I had had the brains and not have been such a lazy student in college all those years ago, I could have majored in Material Science, a truly interesting patch in the universe of science.
And I will not forget my beloved gold nor the rare earth metals! We have such a great universe of knowledge from which to choose, I want to be there with you all as we navigate through these treacherous times.
What Happens If We Default?
Before you read any further, please take another look at the Debt Widget above. Over $47,500 owed per citizen... Uhh. Uhh. That should scare us...
My best guess is that we will get some kind of sleazy deal on the US Debt Ceiling Extension that will likely involve fake spending cuts, some stealth tax hikes and letting .gov merrily go about "spending as normal."
If we get a BAD deal here (lots of taxes, no spending cuts, another kick o' the can down the road, etc.), then I would hereby declare to the world:
We now have the Biggest, Baddest, Slimiest, Sleaziest, Most Criminal Deal in World History!!!
I really hope that we get a GOOD deal from the negotiations between the Rs and Ds and Obama.
---
But, the issue that I would like to explore with you is:
What happens if they fail to reach a deal, and we "default" in one or more ways?
Do we default on Treasury debt payments (with very bad consequences)? Do we cut spending as Obama sees fit (ie, selective cuts at his own discretion)? Will Obama find a (likely unconstitutional, but so what?) executive way to go beyond or extend the Debt Ceiling?
What will happen in the financial markets? To gold?
My best guess is that we will get some kind of sleazy deal on the US Debt Ceiling Extension that will likely involve fake spending cuts, some stealth tax hikes and letting .gov merrily go about "spending as normal."
If we get a BAD deal here (lots of taxes, no spending cuts, another kick o' the can down the road, etc.), then I would hereby declare to the world:
We now have the Biggest, Baddest, Slimiest, Sleaziest, Most Criminal Deal in World History!!!
I really hope that we get a GOOD deal from the negotiations between the Rs and Ds and Obama.
---
But, the issue that I would like to explore with you is:
What happens if they fail to reach a deal, and we "default" in one or more ways?
Do we default on Treasury debt payments (with very bad consequences)? Do we cut spending as Obama sees fit (ie, selective cuts at his own discretion)? Will Obama find a (likely unconstitutional, but so what?) executive way to go beyond or extend the Debt Ceiling?
What will happen in the financial markets? To gold?
Silver Article, Maybe Two Coming Soon, Meanwhile
On this day of possibly a record high for gold, I offer you something a little different.
Please enjoy this xtranormal video that my great virtual friend Cyndi (Nuestra Perla del Pacifico) sent me:
http://www.youtube.com/watch?
To my knowledge this is not up at ZH yet. If you hang in there until the end, you can see where they would like to "retire", LOL...
---
I am working with two readers who know more than I do re silver. It will help balance out my strong bias to gold. Reading and learning is a great thing!
Please enjoy this xtranormal video that my great virtual friend Cyndi (Nuestra Perla del Pacifico) sent me:
http://www.youtube.com/watch?
To my knowledge this is not up at ZH yet. If you hang in there until the end, you can see where they would like to "retire", LOL...
---
I am working with two readers who know more than I do re silver. It will help balance out my strong bias to gold. Reading and learning is a great thing!
Sunday, July 24, 2011
A Coincidence Too Tasty To Pass Up
| ||||||||||||
The above come from the "Stats" section of this blog. I have had 6,666 total pageviews since starting in May.
Of course about 1000 of them are mine... It takes a lot of visits to write and edit my work.
Thank you again, my readers, for your visits!
---
Update!
I checked the "Stats" section to see where my readers come from. Over 5000 of the pageviews ("hits") are from the USA. But, check out the list of my readers in other countries:
Canada
Mexico
Costa Rica
Peru
Brazil
Finland
Norway
Germany
UK
Ireland
The Netherlands
Italy
Japan
South Korea
Australia
New Zealand
Bahrain
Republic off the Marshall Islands
Syria (Syria?)
Update, Part 2:
India!
I only know how to say "thank you" in the language of just some of your countries, but thank you it is!
Gracias! Obrigado! Danke! Grazie! Arigato!
Debt and Spending Talks
I posted the below minutes ago at Zero Hedge. Despite the "Sturm und Drang" we are hearing today about the talks between the Rs and the Ds making apparently no progress (everybody over at ZH thinks the Asian markets are NOT going to like this, especially the USD vs. everything else):
From CNBC:
Dow futures: -69
S&P futures: -1.70
Nobody seems to care (12:49 PM ET Sunday)
cnbc.com (click their futures button)
Gold starts trading at +/- 6:00 PM ET
Got your popcorn out?
Saturday, July 23, 2011
Let's See if I Got This Into the Cloud...
https://spreadsheets.google.com/spreadsheet/ccc?key=0AhnHmH-02CQIdFNiZlZkeXNMeEQ1SGZNZXlFTG96Y1E&hl=en_US
The answer is yes, please have a look!
The answer is yes, please have a look!
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