Cash is trash

Cash is trash

Dollar in decline

Dollar in decline
got gold?

Monday, March 26, 2007

+10% minimum in 6 weeks

Here are some stock picks that I believe will gain at least 10%, between now, march 26, and the end of trading on may 7 07. There are a ton more, im only putting these four out there now, they are not necessarily my slam dunks.

ECU 2.55
XAU 2.03
RSC 2.96
CGP 0.64

Wednesday, March 14, 2007

Subprime mortgage meltdown

"The regulators are trying to figure out how to work around it, but the Hill is going to be in for one big surprise. This is far more dramatic than what led to Sarbanes-Oxley, both in conflicts and in terms of absolute economic impact." —Josh Rosner, managing director, Graham-Fisher & Company

Since late 2006, 36 U.S. mortgage lenders have gone bankrupt, and there is talk in Washington of possible bailouts. Even GM is taking a hit from its finance division and exposure to subprime paper. And since the Fed can not afford to raise rates right now with the subprime mortgage meltdown going on, the dollar gets discounted.

Gold and silver are selling off as they track the equities, there is a flight to liquidity, but at some point I think the U.S. dollar is going to come under some serious selling pressure, and the dollar and the gold price will decouple. The fed may even have to lower interest rates to save housing, this too will help trigger a gold rush.

Tuesday, March 6, 2007

More real inflation numbers

GOT GOLD?????? -->Money supply growth last 12 months.........

United Kingdom M4 was up 13%
Euro zone M3 was up 10.6%
China M2 was up 15.9%
South Korea M3 was up 10.6%
Australia M3 was up 13%
Russia M2 was up 48%

Thats why I call this site "cash is trash"