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March 20, 2011


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It should be mentioned Einstein did not win the Nobel Prize for the General Theory of Relativity. E= Mc2

Matter squared velocity laws were discovered by a French woman scientist
around the late 1700's/

Alexander Graham Bell did not discover the telephone, but stole a patent and replaced his name on it.

Thomas Edison did not discover the light bulb and it was actually a Polish woman
scientist that discovered the double helix
of DNA, which was stolen from her by one of the two scientists, whom was awarded the Nobel Prize.

History is not quite as it seems. Women are taken advantage of. Darshan Singh denied woman Gurus, but one of the Agra Gurus
was in fact a woman.

Even scientists can be crooks.

It seems the world is a Turkish prison
where everyone runs around stabbing
everyone else in the ass.

Then go to church on Sunday.

Did you know that during the last Bush administration the Patriot Act was passed.
It stated the government may confiscate
all gold in a financial crisis.

All gold minted after 1933. Before 1933
the gold coins must be worth at least twice
in numismatic value to escape.

This is why silver is at $35 an once now
in a recession. Gold is over $1400 an once.
Everyone knows the US Dollar will collaspe
in the near future and many developed countries such as Japan, England, France
are right on our heels.

When Nixon took us off the gold standard
it allowed the federal reserve to print money out of thin air. Our true national debt is at $90 Trillion Dollars with social security, Medicare, etc. Social Security
is a book entry as an IOU to the American
people, paid for by each new generation as a ponzi scheme.

I do not recommend buying gold. But, CEF,
a Canadian holding firm is a good stock,
with 60% gold and 40% silver. FXF Swiss Franc is better, because downside is

Go to You Tube. Punch in dollar collaspe and
Federal Reserve. Read Faber, Celente, Schiff, Keiser, Ron Paul. These guys have had incredible accuracy over many years.
You won't believe what they are saying now.

Hey Brian. Someday you may have many visiting exsatsangis coming to Oregon.
Hope there's lots of fish in your streams
up there. And, a large stock of Budweiser
and cigarettes for trading. Please keep
mine on ice.


That was an excellent encapsulation of the economic situation by Peter Schiff in the youtube link provided above by Mike. I don't think anyone could have said it better, or more clearly and concisely in 6+ minutes.

Schiff is not a flake. He was one of the few voices warning of the real estate bubble back in 2005 before it happened.

Now is the time to prepare for disruptions caused by the inevitable currency collapse. Americans are going to have to adjust to a lower (I prefer the term "simpler") standard of living as wealth evaporates.

Try to be more self-sufficient in terms of food and basic needs. Store non-perishable barter items. Food may be as good as gold or even better.

John Fogarty was four decades prescient in his song "Bad Moon a-Risin'"

Well, that moon rose on March 19.

Hi Meher Caca,

Democracy is failing. In fact it has
already failed. The USA is the next Rome.

If you collect Roman coins as I do it can
be seen in the currency.

First, most coins are silver. Then debased
to silver mixed with copper. Then copper
only. From 100 BC to 400 AD this is what
happenned to Rome. There was very little
gold coins back then and they were used
by the wealthy exclusively.

In 1963 the USA switched from silver
coins to zinc copper. In 1971 we went
off the gold standard, which proved
to be our undoing. Why ? Because now
the Federal Reserve could print money
with absolutely no value.

Before you could tade your dollars
for gold and silver. Not now.
We used to have silver notes.

The Federal Reserve buys 70% of the USA
Treasury bonds right now. They print
money out of thin air, which devalues
the Dollar.

In June the Fed will stop QE2 buying.
Bill Gross, Pimcos president, the largest
bond buying fund in the world, said they
sold off all their USA bonds.

China and Japan hold about 1 trillion
Dollars each of our bonds.

Most money in the world is worthless NOW.
Not latter, but right now. U.K., France,
Spain, Italy, Greece etc. have huge
national debts. Japan is worst.

Long ago they passed the point of EVER
being able to pay back this money.

National debt by country.


What happens when the Fed starts selling
back to the public all the USA bonds it
has bought ?

Interest rates zoom up.

Continued next post

Obama's campaign accepted $1 million dollars
from Goldman Sachs. Obama accepted $500,000
from each of the presidents of the 5 largest
oil companies in the world. $2,500,000 total.

The banks own the politicians, as do
the oil companies.

We have the greatest reserve of natural gas
of earth in the USA. Can run every car and
truck on earth with clean fuel extremely
cheap. T. Boone Pickens says the same.

The bailout paid back Goldman Sachs and others
by buying back their toxic assests. Now,
the taxpayer must guarantee all these bad

The rich got back their money from bad loans.

The public has to pay for this.

FXF, an ETF, Swiss Franc is best. It only
has a downside of 15%. Whereas gold
can go down 75%. Whats more, in a stock
crash, gold goes down. People sell gold
to pay their margin debt.

Gold doesn't work well in the beginning
of a crash and is highly volatile.

FXF, traded as a stock is best. Unlimited
upside in a dollar crash and only 15%
downside. Swiss Franc just hit new all time
highs against the dollar. Swiss Franc
is backed by 40% gold reserves
and their country only has 35% national debt.

Even holding 5% of your assets in Swiss Franc
could save you from alot of pain some day.

The Swiss Franc goes up in a stock crash.
Unlike gold which goes down.

Very important thing to know.

If you are holding stocks, SDS
and DXD are 2x bear etf's. If you
can act fast enough during a crash,
you need not sell your portfolio.
Just buy one of these.

My entire portfolio is completely
hedged. I make 7.5% on bonds, paid
monthly, using closed end funds sold
as stock, with an offest hedge
of SDS, 2x bear S&P 500.

So, I don't care if market goes
up or down. I am completely arbitraged.

Sym Qty Last Chg $ Mkt Value

AOD 300 5.961 -0.039 1,788.30
AWF 300 14.76 -0.02 4,428.00
CFD 50 27.80 -0.05 1,390.00
CHY 200 13.41 -0.08 2,682.00
COY 600 7.15 -0.01 4,290.00
CYE 600 7.15 0.00 4,290.00
DHF 500 4.71 0.00 2,355.00
EAD 250 10.17 0.00 2,542.50
EHI 200 12.88 -0.06 2,576.00
ERC 200 15.0395 0.00 3,000
EVV 200 15.96 -0.05 3,192.00
FFC 200 17.5592 -0.0008 3,511.84
FXF 10 109.72 0.00 1,097.20
GDO 300 18.25 0.00 5,475.00
HIO 1000 6.40 0.00 6,400.00
HIX 400 9.88 -0.02 3,952.00
HYG 80 91.67 -0.12 7,333.60
HYT 300 11.68 0.00 3,504.00
HYV 200 11.83 0.00 2,366.00
JNK 300 40.402 -0.058 12,120.60
JPS 300 8.21 -0.04 2,463.00
JTP 300 7.60 -0.01 2,280.00
MHY 300 6.37 -0.02 1,911.00
MMT 600 6.71 -0.01 4,026.00
PCEF 200 25.47 -0.03 5,094.00
PPT 600 6.4225 +0.0025 3,853.50
SDS 600 22.15 +0.1275 13,290.00
VTA 100 12.862 -0.028 1,286.20
Total Mkt Value: $112,505.64

SDS is the hedge stock. This
account is meant to keep principal
about the same, while you only
collect monthly dividends.
$683 is the monthly dividends.
SDS $13,290 is offset hedge.
So, technically the account
works with $99,000 invested.

No stock advice is given, nor
should any be inferred. Investments
may make or lose money.

Good points and investment ideas Mike. People need to wake up before it's too late.

Republican and democratic congressmen are smart enough to know this but they don't care, by and large. They are blinded by ideology, self interest, or obligations to their corporate backers, or all of the above.

Fiscal conservatives get confused with religious conservatives, war mongers, and rapacious corporate goons and thus are not listened to by the left.

You lefties out there need to understand the economic situation. The government has no money to pay for your dreams. The tit is dry.

Hi Meher Caca ,

Tim Geithner worked for Goldman Sachs.
Most of the people on the Federal Reserve
Board once worked for Goldman Sachs.

Obama got one million dollars campaign
donation from Goldman.

The Fed bailed out Goldman, along with
Warren Buffet. But, they did not bail
out Lehman Brothers, which caused the stock

Most of the money AIG lost was owed to
guess who ? Goldman Sachs.

The government bailed out AIG to save

Besides this, an estimated 1/2 trillion dollars was paid to Goldman for their
toxic assets by the Fed.

The Fed did not have to disclose and Bernanke
told the Congress he would not disclose
where he paid 2 1/2 trillion dollars for
toxic assets. Ron Paul asked Bernanke
and he said "NO", he wouldn't tell.

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