Late Tuesday Funny

From the blogsphere... Wishing I could retire early. Silver's gotta go to the moon first.


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And they ask---Why I Like Retirement?


Question: How many days in a week?
Answer: 6 Saturdays, 1 Sunday

Question: When is a retiree's bedtime?
Answer: Three hours after he falls asleep on the couch.

Question: How many retirees to change a light bulb?
Answer: Only one, but it might take all day.

Question: What's the biggest gripe of retirees?
Answer: There is not enough time to get everything done.

Question: Why don't retirees mind being called Seniors?
Answer: The term comes with a 10% percent discount .

Question: Among retirees what is considered formal attire? 
Answer: Tied shoes.

Question: Why do retirees count pennies?
Answer: They are the only ones who have the time.

Question: What is the common term for someone who continues to work and refuses to retire?
Answer: NUTS! 


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z

Schiff on S&P outlook on the Dollar

More of the same. The storm is building...

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Schiff on S&P outlook on the Dollar


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z

Ayn Rand, Atlas Shrugged

I've recommended this book many times. Here's another gem. 


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“Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: Account overdrawn.”

- Ayn Rand, Atlas Shrugged


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z

My Investment Strategy, Update

So where I stand now is heavy in PSLV and light in SLW and JJC. I went long those stocks in November-ish. JJC is flat. SLW is up about 10% which is good, but... PSLV i'm up over 30%. The fact of the matter is that Silver is outperforming everything right now, even in crazy violently up-and-down times.

So, my moves are this week or next, selling JJC and SLW, and going 100% long PSLV. Silver baby silver. "They" say it's good to have a diversified portfolio... Screw that! If silver is the investment of the decade I'll be 100% long in it, thank you very much. But buying is easy, at some point you have to sell (or do you?) to lock in profits.

Here's the plan I devised today. I no longer feel comfortable talking about precious metals in terms of the ever-dying federal reserve note. Ratio is the price gold/silver. When I started with silver and gold the ratio was around 50, and it is now around 40. Historically it is 15, but because of industrial demand issues and overshoot of trends adjustment, we may get down to a ratio of 10. So...

I decided that I will ease out of silver beginning when the ratio is 20. Mind you, I am talking the paper stock markets. When the ratio is 20, I am selling 20% of my paper silver. But... I am not holding cash, I will use it to buy PHYS, which is Sprott's physcially backed gold fund. When the ratio is 15, I'm taking another 20% off and when it is 10, I'm taking another 20% off of my silver. Again, all these conversions will be into paper gold. And/or debt servicing depending on how soon or long this takes.


Of course, if the government decides to be responsible, stop accepting the federal reserve printing more and more and more money, and if the gov starts paying down debt, well then... Then I will sell all my paper metal and hold USD. LOL. Don't see that happening anytime soon though.

Happy Investing =)

z

Silver Liberation Army

Here's the guy who coined the phrase global silver liberation army. This is a good watch.




Sweet that vid came out with the correct proportions, I'll go back and try to fix that last one.

z

Orion and NASA

Something to get your minds wondering off of your regular programming. Plus, I need to test embedding youtube videos.




Let's see if this works, should I think. Welp, I'm having issues with sizing it correctly in the browser... oh well. You can always "right click" on the vid and select "watch on youtube". Never mind I figured it out. Now the vid is the right proportions.

z

Welcome All!

So I finally broke down and decided that this would be much easier than spamming you with 10 emails a day.


I will do what I have been doing, which is bouncing information back at you, but you will need to come to my blog to get the information. Plus this is nice because you can give this site out your friends and/or family and they can come visit, without me having to get all touchy-feely with their email addresses.

My basic topics are financial news, the globalist one world take over news, environmental stuff, science, and the occasional wacky topic as you well know. And of course we can't forget about Gold and Silver.

As a matter of policy I will not discuss actual possession of physical metals. Assume I have as much copper jacketed lead as I need to protect it from a hoard of zombies.

I'm still organizing my site, but I'll be laying out my new silver and gold investment strategy soon.

z