May 22nd, 2010 by Rich
Buying a great bank on bad news.
In 1989 Japan was poised to do what it did not accomplish in 1945 – take over the world – by zaibatsu pyramid power industrial strength finance, not force.
http://en.wikipedia.org/wiki/Zaibatsu
Japanese Banks, Brokers and Corporations were then the biggest in the world, and downtown Tokyo Real Estate was
worth [...]
May 15th, 2010 by Rich
These may be the times that try men’s souls.
Early last December 2009 we posted a sell on gold that profited until this week.
As Gold and panic hit new highs today at 1249.70, can financial salvation be as simple as saving the long-dismissed Dollar hitting new highs at 86.25?
Like GE NBC studios at Rockefeller Center, people [...]
April 30th, 2010 by Rich
Our Government Making Rain on America Parade
We’re back from our Ag Tour to report we could have record 2010 crops if higher fertilizer and fuel prices, government programs or torrential rains and floods do not derail it.
As the 136th Kentucky Derby gets ready for an 80% chance of rain, with favourite leading horses dropping out [...]
April 15th, 2010 by Rich
The popular Dow hit a new high today:
http://stockcharts.com/charts/gallery.html?indu
We all know about the boy who cried wolf and was not believed. Not to be confused with Chicken Little.
By the end of this trend, we may all have to think and act for ourselves.
This is a short epistle, perhaps the last for a while.
It is ultimately hard [...]
April 7th, 2010 by Rich
The US Treasury is about to introduce new Ben Franklins on 21 April 2010 because counterfeiting is a $200 Billion a year problem. No kidding.
CNBC just ran an Easter weekend show on American Greed with a guy who used his inkjet printer to print $100 and $20 bills on newsprint, then coated them with hair [...]
March 29th, 2010 by Rich
http://www.youtube.com/watch?v=rPkVUkePmPI 1:07
While rescuing America with Savings and Investment
Bad apples can rot the whole barrel.
Districts of Criminals cannot fool Mother Nature or the markets indefinitely.
What’s annoying about the latest banker bailout disguised as consumer rescue is it taints every other part of the economy.
Too many good smart people are intimidated by this bad real estate driven [...]
February 28th, 2010 by Rich
We always enjoyed the Old English Proverb:
Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. Knowledge is the best charity.
This was attributed to Christ, whose followers actually said:
If a man will not work, he shall not [...]
February 17th, 2010 by Rich
Washington, Jefferson and Lincoln warned US about our greatest challenge today.
After all, they lived through the war inflation of the Continental and Greenback. Two of them lived to see the depression caused by inflation.
Yet many serious people today still believe hyperinflation will wipe out all debt and clean the slate for reset and rebooting the [...]
January 14th, 2010 by Rich
The hottest places in hell are reserved for those who in times of great moral crises maintain their neutrality
Dante Alligheri, Inferno, The Divine Comedy
November 19th, 2009 by Rich
Gold adjusted for inflation is half what it was in Jan 1980.
But do we really have inflation?