Keep a sharp eye on oil. As the demand shows signs of life, oil will go up. This will only hurt the economic recovery as the stressed consumers get hit with another expense. Dollar weakness again pumps up gold and silver. Uncle Sam's disease is golds fuel
Showing posts with label commodities. Show all posts
Showing posts with label commodities. Show all posts
Monday, November 2, 2009
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.
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