Wednesday, January 29, 2014

Silver stock

This company seems to have a good business model. These are the contracts with their clients. 

Monday, January 27, 2014

Let banks fail!!

Iceland did it right.. no such thing as too big to fail. Prudent competitors will come in and buy up the assets of failed companies and gain market shares. That's how it is supposed to work! “Why are the banks considered to be the holy churches of the modern economy? Why are private banks not like airlines and telecommunication companies and allowed to go bankrupt if they have been run in an irresponsible way? The theory that you have to bail out banks is a theory that you allow bankers enjoy for their own profit, their success, and then let ordinary people bear their failure through taxes and austerity. People in enlightened democracies are not going to accept that in the long run.”

Gold buyers are starting to stream into the market 13 years since the start of the bull run.

13 years since the start of the gold bull run. People are starting to come into the market.

Devalue currency to help exports? Not so fast.

What I've been saying for quite some time! It's time that policy-makers learn this! Devaluing the currency to boost exports will make imports more costly and cause inflation at home. To export is to import. That's the only reason for exporting. Why do you want to export more just for the sake of it? Are you a slave who produces goods and give them away to other nations? You want to export as little as possible such that your exports can pay for as much imports as possible. This is basic trade that most analysts have forgotten. Sure, some exporters gain, but it comes at the expense of importers and ordinary folks due to inflation. This is just merely a transfer of wealth from the population to those few exporters.

Deflation is good

truth: deflation is a good thing.

2013-2015 investments

2013: Great year of gold/silver accumulation and US bond shorting. 2014/2015: Continue to accumulate while gold/silver make the final bottom. Might also be a good time to add more short positions in bonds. Also on the radar: north korea coins/ sugar/ Japanese blue chips/ Chinese rail companies/ airlines

tea party extremist?

Thomas Jefferson, the primary author of the Declaration of Independence and the US' third President.

Bitcoin 'failed' currency test

of course it fails. Central banks want to protect their own lucrative currency-creation business.

Agriculture prices have to go higher.

only solution is higher prices..
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