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Financial Advisor, GTA, Ontario, Canada
Investment, Insurance, Tax & Estate Planning

Friday, December 17, 2010

Housing Bubble Burst: Now What?


This is the first recession going back at least to the end of the first World War where government assistance has not trickled down to Main Street and ordinary Americans.?
Why?
Because the banks are keeping the money and not loaning it back out: So there is no mystery as to why assistance from the government isn't trickling down to Main Street. The banks are not "going to lend a nickel until the economy turns", and yet it is impossible for the economy to turn until the giant banks are broken up.

Economist "Jeff Nielson" on Bernanke, Lies & Mining Stocks: Part-1

Conversations with writer & economist Jeff Nielson: 
"This evil fraud and manipulation will soon end and the result may be rough on the US, but the quicker it starts the sooner it ends. Pray for our country when this event unfolds. A paper dollar from 1960 is worth exactly the same as a paper dollar in 2010, but 4 quarters from 1960 are worth more than $21. Given the fiscal insanity of the US Government, I can't imagine the US Dollar surviving another 50 yrs, but I'm quite sure that Silver will still be useful"

Economist "Jeff Nielson" on Bernanke, Lies & Mining Stocks: Part-2

Gold-dispensing ATM Debuts in South Fla.

Imagine being able to buy some gold just about anywhere. Now a mall in super luxury Boca Raton, Florida, is the first in the U.S. to have a gold dispensing machine. 

Thursday, December 16, 2010

Lending Mania to Consumer lending Crisis to Fiat Currency Structure Failure

What The Silver Vigilantes Understand That You Probably Don’t

A paper dollar from 1960 is worth exactly the same as a paper dollar in 2010, but  four quarters from 1960 are worth more than $21.  Given the fiscal insanity of the US government, I can’t imagine the US dollar surviving another 50 years, but I’m quite sure that silver will still be useful.  Please consider getting some while you still can.
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Facts on the Ground vs Government Reports - Retail Sales

The U.S. government this week reported a 0.8% rise in November retail sales, yet our country's largest electronics retailer Best Buy just reported third quarter same store sales down 3.3% from one year ago!
Are you trying to make sense out of U.S. government reported retail sales and other economic statistics? The U.S. government's economic reporting has now reached a whole new level of unreliability!
The truth is, U.S. retail sales are rising solely due to inflation (the bulk of it coming from rising food and energy prices). Although the government's latest CPI numbers indicated annual price inflation of only 1.14%, these numbers were manipulated lower using deceptive seasonal adjustments, along with hedonics and geometric weighting. in fact the real U.S. price inflation is already north of 5% and is headed substantially higher in the first half of 2011.