Jubilee Prosperity

If we look at the Federal Reserve Z1 Flow of Funds Reports and listen to the Fed Chairman’s Testimony on The Hill, we may come to a startling confirmation:
Governments are out of money.
The President admitted this some time ago, although the idea caused so much cognitive dissonance most people forgot it.
http://zerohedge.blogspot.com/2009/05/barack-obama-we-are-out-of-money.html

Those that listen to the [...]

We are using strength to sell down and raise cash
Aloha All:
This low volatility abandoned market can be like watching corn grow or paint dry.
It can be like the Sirens, Charybdis and Scylla that lured the men of Homer’s Odyssey to drowning, destruction and death if they did not ignore the sweet seductive music and sail [...]

While we do not normally sell short, because we cannot make more than 100% on a short, NLC may prove the profitable exception to the rule.
We were appalled by blatant Public Relations Disinformation campaigns since the Environmental Protection Agency (EPA) first told BP to stop using Corexit in the air, on the land and on [...]

Look out Below Gold 1265 and Silver 21.50
News reached US that China admitted it can’t buy enough gold reserves because the market is too small.
Two thirds of China’s $2.45 Trillion in surplus reserves is in dollar-denominated assets, thus the probable explanation that the recent Yuan revaluation appreciated only 0.8% against the dollar.
http://www.ft.com/cms/s/0/5f038fc8-89a3-11df-9ea6-00144feab49a.html

So maybe China [...]

Is food the best investment?
Certainly an increasing number of people are beginning to post what Big4 and TopTen subscribers knew about La Nina and Ag economics a year ago when there were no food shortage headlines:
http://www.activistpost.com/2010/07/food-shortages-reported-wall-street.html

http://www.desmoinesregister.com/article/20100701/BUSINESS01/7010339/1001/NEWS/Corn-prices-bolt-up-as-USDA-downsizes-2010-crop-estimates
We like to buy organic, patronize farmers’ markets or grow our own.
The reason is simple. We find health is necessary [...]

Today, the end of the dismal Second Quarter of 2010, Gold, what some consider true money, closed at 1242.60 with a Bullish Point & Figure Price Objective of 1310, +5%.
http://stockcharts.com/charts/gallery.html?%24gold

Bonds, what some consider a risk-free stock alternative, closed at 127.50, with a Bullish Point & Figure Price Objective of 148, +16%.
http://stockcharts.com/charts/gallery.html?s=%24USB
Today, the Standard & Poor’s [...]

Weep Not for BP>26.77
By Rich Cash
http://channel.nationalgeographic.com/episode/gulf-oil-spill-5488/Overview
When we go to the store, we respond to sales by buying, sometimes buying more at lower prices if we can.
Yes we can with BP.
When we are in the stock market, human nature is to get more confident with higher prices, and less confident with lower prices, one way to [...]

Will Debt Forgiveness Work?
One Friday in the San Francisco Financial District after work, a group of movers and shakers got together at Harrington’s Pub for a liar’s dice game that rocked their foundations and changed their lives.
There was such intense play, they ran out of Federal Reserve Notes. They played with cigarettes, matches and [...]

Via Default and Misdirection
By Rich Cash
Barbers, bartenders, beauticians, daycare workers, shoe-shiners and taxicab drivers may readily confirm popular wisdom the USA will inflate its way out of debt, like Zimbabwe today or the Weimar Republic over four generations ago with wheelbarrow money for a loaf of bread or a single ounce gold coin [...]

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 [...]