Selling below 14,279.96 Dow and 1254.50 Gold

Oil-Slicked Lead Balloon Snowball in Living Hell~
Paved by the Path of Good Government
Intentions and Horrible Interventions

by Rich Cash

Not even love has made so many fools of men as the pondering over the nature of money

William Gladstone, 19th Century British Prime Minister

http://en.wikiquote.org/wiki/William_Ewart_Gladstone


Larry Kudlow on CNBC may be right it is time to sell.

http://www.cnbc.com/id/37690346

Today is the anniversary of the Watergate Burglary that brought down a US President.

We think a worse crime was perhaps committed against the American People and World economy by the Fed Treasury and IRS aided and abetted by big bad corporate government robbing the middle class.

Every time there was a crisis like 9-11, Healthcare or the Oil Spill, government tentacles reached further into our lives and deeper into our pockets, assuring us the air, drugs, electronic appliances, seafood and water were safe to breathe, take, use, eat or drink.

So why do so many people buy air and water purifiers or bottled water, buy organic food and alternative medicine or use speakerphones?

Neither the Fed, IRS or today’s corporate government sprawl were prescribed by our Constitution.

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This entry was posted on Friday, June 18th, 2010 at 6:29 am and is filed under Market Psychology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Selling below 14,279.96 Dow and 1254.50 Gold”

  1. Rich Says:

    As gold traded to a new high, we are not selling…

 

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