Jul
14
2009

Gold and the EURO Connection; Another Nail in the U.S. Dollar Coffin?

Another story was developing at this time; the EURO had bounced off its lows and become a much stronger currency. As the dollar was sinking from its high in 2002, and the uncertainty of what affect Central Bank sales would have on the price of gold, the EURO became the only other “safe haven” in the mind of those who were looking to get out of the dollar.

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Jun
2
2009

Confused About Gold and the Dollar? Understand Their Relationship Before You Invest

It’s not known for sure where the concept that an ounce of gold could always buy a nice businessman’s suit came from, but the analogy is used today by many who want to paint a positive picture for gold.  The premise of the story is used to reveal the fact that the dollar has lost 95%-98% of its purchasing power …

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Oct
22
2008

The Demise of GM and How the U.S. Is On the Same Course “As GM Goes, So Goes the Nation”

I truly believe a year from now we’ll have many of the answers we’ve all been waiting for. I choose a year from now because once this Presidential political distraction is over with, and we’ve had another year of the continued crack up from the sub-prime mess and more bank failures, and more fed intervention (GM, Ford, possibly the airlines, …

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Sep
18
2008

The Fed Is Relevant…. For Now…. However…..

Is the Fed relevant or do they cause more harm than good? The answer is “yes,” they are relevant, as long as people still think the Fed is relevant. The real question that needs to be answered however, is how much longer can the Fed keep playing this game and pulling the wool over the People’s eyes? The Fed uses …

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Sep
18
2008

Did you hear the other government rumor about gold?

Did you hear the other government rumor? Alchemist finds a way to produce unlimited amounts of new gold at essentially no cost. I’m just waiting for that one…. (Bernanke even made reference to it with a parable in his 2002 speech.) Here’s what he also said in that 2002 speech; “Like gold, U.S. dollars have value only to the extent …

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