China is now the world's largest auto market. They jumped over the United States as sales have soared in China and fallen off a cliff in the States. There are many factors that have gone into this, but numbers indicate that Americans are unsure about the government control of GM and Chrysler as only Ford, who remains in private hands, did not suffer major sales drops.
READ STORY HERE>>>>>
A Clearinghouse, Providing Links for Economic, Gold, Silver and Common Investing News.
Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
Monday, January 11, 2010
Thursday, June 11, 2009
Snatch up Gold and Silver, Before It's too Late
What is going on in the business world? It was recently announced by the Obama administration that executive pay would be limited. The details rotate around stock holders setting/voting on executive pay. Regardless of how we are getting there, the fact remains the government has made the step towards regulating pay. The foot is in the door and history tells us, when businesses get around the standards, the government's entire body will soon be kicking down the door.
The break neck speed towards socialism is stunning. First both Chrysler and GM were lost, taken by the government. Now the executive pay is being set, a number of financial institutions are on the verge suffering the same fate of GM and Chrysler. Of course the largest of all leaps is looming; national health care. The latter will have an explosive effect on not only the economy, but civil liberties of all individuals.
There simply is no better time then now to move into commodities such as gold and silver. Make no doubt about it, capitalism is under attack. The old standards we were taught will no longer be valid. Gone will be the reliable big chip stocks, the safety of treasury bonds and safety of the American free market. It will be replaced by a group of intelligentsia centralized in Washington D.C, attempting to control economic forces. The results are sure to be disastrous.
The break neck speed towards socialism is stunning. First both Chrysler and GM were lost, taken by the government. Now the executive pay is being set, a number of financial institutions are on the verge suffering the same fate of GM and Chrysler. Of course the largest of all leaps is looming; national health care. The latter will have an explosive effect on not only the economy, but civil liberties of all individuals.
There simply is no better time then now to move into commodities such as gold and silver. Make no doubt about it, capitalism is under attack. The old standards we were taught will no longer be valid. Gone will be the reliable big chip stocks, the safety of treasury bonds and safety of the American free market. It will be replaced by a group of intelligentsia centralized in Washington D.C, attempting to control economic forces. The results are sure to be disastrous.
Labels:
business world,
Chrysler,
commodities,
GM,
Obama,
silver
Saturday, May 30, 2009
GM Failing Apart...Free Market Losing a King

The word is coming that GM is now basically Government Motors. The term of the day is taxpayer owned, but let's face it; GM is government owned and tax payer funded. The problems with a government run business are immense (I present exhibit A- Amtrak and Jaguar) and I hope to post about this later. But right now I wanted to encourage even more so the investment into gold and silver.
The spot price is going up, but deals can be found and it doesn't really matter if that is in gold, silver or platinum (which is really for the big dogs).
Anyhow, I wanted to add some more links to stories I have done for eHow, which is nice residual income for anyone interested, check it out and sign up.
Labels:
ehow,
GM,
gold,
Government Motors,
investment,
silver,
taxpayer
Subscribe to:
Posts (Atom)