Monthly Archives: September 2008

The Coming U.S Dollar Crisis

The Must-Watch Video About U.S dollar Keep Losing Value

(1) The death of the gold standard in 1971 when all controls on monetary expansion were lifted and no sane controls against unlimited monetary expansions were instituted;
(2) Massive foreign U.S. Treasury holdings and foreign ownership of the U.S. stock market currently prop up the U.S. dollar yet [...]

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$700B Bailout: Letter to Senators

Senator ,
Please do not vote for the BailOut.
If this year continues as it has, it will be the first year in over twenty that my net worth declined.
However, if the BailOut bill is passed, next year will be the first year in my life that I have lived in a socialist state.
Wall Street is working [...]

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Making sense of the bailout and Vote against it

Making sense of the bailout:
Hello People. I am trying to make sense of this bailout and I have a thought process. Please correct me if I am wrong. So here it goes:
Say I am a financial institution with $500 worth of assets of which $400 are my Level 3 assets. Now suddenly I find counterparties [...]

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When I got home last night, my wife demanded that I take her someplace expensive….

so, I took her to a gas station….. and then the fight started….
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I tried to talk my wife into buying a case of Miller Light for $10.95. Instead, she bought a jar of cold cream for $7.95. I told her the beer would make her look better at night than the cold cream.
And [...]

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Gold and silver dealer reports an ‘unprecedented’ shortage of metals

A surge for demand in gold and silver has resulted in an unprecedented shortage of the metals for retail investors in recent days, according to Gold and Silver Investments, a Dublin-based firm that allows retail investors to speculate on movements in the value of precious metals.
Gold and Silver Investments director Mark O’Byrne said the supply [...]

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