Is it compatible with all the programs I already have on my computer or does it have its own programs?

I can respect that view and appreciate you sharing. Out of curiosity, how would you go about promoting cooperation and pulling together with people determined to take everything you own? Also, what's the trigger (no pun intended) or event that convinces you that having a gun for protection is the thing to do?

I agree. Currency collapse IS inflation...and it's inevitable...and I mean absolutely inevitable that the dollar will totally collapse.

Have any of you read about Argentina and the social conditions when they collapsed? Better get a gun and some food storage.

http://ferfal.blogspot.com/2008/10/thoughts-on-urban-survival-2005.html

Dr. Glance,

I've heard the inflation debate going on for quite some time now. I've gone back and forth...inflation or deflation? We're obviously not experiencing inflation except as is relates to oil mainly.

However, the side I lean towards is hyper-inflation. Why? It's in the best interest of the US government. If we enter into a hyper-inflationary environment, the government will be able to pay the interest on the debt much more easily with cheap dollars. Also, I wouldn't put it past them to get us involved in a MAJOR war with the intention of canceling their debt to countries like China and other investors in bonds and treasuries. What a deal, eh?

We already experienced an economic collapse back in March, 2009. This bull market is propelled ONLY by stimulus money. When we experience the next economic collapse (this year or next in my opinion), the tax revenues for the government will fall even more dramatically. When this happens, the gov. has 2 choices:

1. Default on debt (like greece)
2. Print dollars (massive)

They will almost certainly print massive dollars, which is a choice not available to Greece (they can't print Euros).

We're not seeing inflation right now because the money supply is shrinking just as fast as they print money. Also, consumer spending is way down and the baby boomers' spending patterns have reached a crescendo because they're entering into the years where they typically conserve and cut back spending.

Historically, gold and the dollar have always been at odds. In my opinion, this bull market in gold will continue. Why? Because it's the ultimate safe haven for investors. The dollar is strengthening relative to other currencies because it's still viewed (for some strange reason) as a safe haven in times of uncertainty. However, gold is STILL moving up in strength relative to the dollar. Gold is strong in ALL currencies, and I believe it'll remain that way over the long term (with short and intermediate term corrections). When investors have nowhere to turn, they ALWAYS turn to gold.

With the facts I've been able to gather, I believe gold is the place to be. I believe we'll be entering into a hyper-inflationary depression sometime within the next 6 months to 2 years with the only one thing possibly causing a delay is the governments ability to juggle the ball. My money is on gold over the long haul.

In my opinion...the economic war has been happening for years and years and years. I believe WWIII will very much become a full fledged war between military forces. It's already brewing...

8 part series. Gerald Celente is the most accurate trend forecaster I'm aware of currently.

I NEVER use indicators for entries. I use them only to keep me out of a trade or for tightening stops (usually use them to see a bullish or bearish divergence between price and the strength of a move).

So you're saying if price breaks through lower band...go long to the 5 ma. If it breaks the 5...take it to the 14. Right? Conversely...if it breaks upper band...go short.

I'll set it at 3 standard deviations briefly just to see how big a move really is. I typically keep it at 2 because that encapsulates 95% of all moves and there's a fairly high probability chance it'll correct for a counter trend trade. However, to your point, if price moves outside the bollinger band set at 3 standard deviations, you can pretty damn well rest assured it'll correct back inside the bands. Pretty high probability trade in that case.

Good point Dr. Glance.

By the way...thanks for the offer for putting my info in the ibox. If it's OK with you...I'd rather keep my relationship here on the ihub as neutral as possible by keeping my professional endeavors separated. Thank you anyway. (smile)

The reason we're seeing strength in the dollar is it's still viewed as a safe haven right along with gold. Say what you will about the dollar. However, when all the chips are down and there's turmoil in the world, international investors veiw the good ol' dollar as a way to keep safe.

I use http://www.thinkorswim.com I can do complex options trades (Condors, Calendars, etc.) in a single click and also trade forex and futures with the same account. It's been rated #1 for options traders by Barron's for several years. I'll never use anyone else. The forex platform is mediocre at best but it's damn convenient. Also, I work at http://www.investools.com and that's the platform we use to teach folks how to execute on the decisions we teach them how to make.

The dollar broke above the 65 week ma which represents the major trend. The longer we stay above that bold green line, the more likely it is we've seen a major trend reversal. In my opinion, the money supply is dwindling faster than we can create it. However, keep in mind this strength is only relative to other currencies. Once the Chinese figure out their standard of living will increase significantly by allowing their currency to strengthen, or...once they decide to stop buying our debt to start pouring that money into gold, our currency will likely begin the downward spiral once again. The dollar and gold relationship is almost always inverse. While lately the dollar has been going up WITH gold...gold is moving up against almost ALL other currencies. I anticipate the dollar will likely correct. However, as always, I await confirmation of this both fundamentally and technically before jumping back onto the dollar bear boat. Once the US begins to default on debt, they'll start printing money like there's no tomorrow. Also, using demographics and spending patterns of the baby boomers, it's very highly unlikely that consumer spending will pull us out of this recession as in times past. It'll be several years before we see REAL signs of life.

Anyone else having trouble getting this link to work or is it just me?

Ignorant? Of what? (smile)

The Chinese will wake up one day and realize how idiotic it is to peg their currency to the dollar. Once they realize the power of letting their currency strengthen (significantly increased standard of living)...it's all over for the dollar. Foreign intervention in keeping the dollar propped up by buying our debt will soon be a thing of the past once we go the way of Greece. In my opinion...California will be the first to go.

Guys...I'm a dollar bear. Right now the dollar is setting up for a crash. If we play our cards right...we'll be able to profit from a nice long downward spiral. I've never been much of a short term trader. I usually like the intermediate but mostly long term investments against the dollar.

A strategy to consider...

When we see the dollar topping out...sell it against the strongest currencies. Instead of setting a stop loss...buy an option. It'll cost you some in profits but it helps to hedge against losses if our timing isn't exactly right. We're talking thousands of pips here. I'm stoked!!

Dollar Bulls Beware
By Peter Schiff

By late 2009, as the U.S. dollar flirted with multi-year lows against most foreign currencies, big investment players crowded into trades that shorted the greenback. Commentators noted that the anti-dollar momentum had taken on a life of its own and that the trade had become too crowded. It is true that markets have a nasty tendency to move against the crowd. When a lot of traders agree on a particular trade, it's more likely that in the short-run the opposite trade will be a winner.

The 2008 "flight to safety" rally of the U.S. dollar was a once in a lifetime event that presented huge opportunities for aggressive currency traders. By December 2008, after rallying 25% over the previous five months, the dollar topped out. However, there were many speculators who had come somewhat late to the party, as well as many others who had ridden the dollar up and were thus sitting on huge unrealized gains.

Those technical reasons, combined with the re-emergence of strong growth in emerging markets and solid earnings from overseas companies, redirected investment flows away from the dollar. 2009 became a year of dollar weakness, with the buck giving back nearly all of its gains. At that point, most people made the reasonable conclusion that the decline would continue.

As is often the case, an unforeseen event came along that made mincemeat out of the consensus' well-conceived strategy. Once some fiscal squabbling grabbed headlines in the eurozone, the negative sentiment that had built up on the dollar was suddenly diverted to the euro. Catalyzed by the Greek debt crisis, the greenback surged by about 8% in six weeks.

From a technical standpoint, the short dollar trade of late 2009 was too crowded; but from a fundamental standpoint, I don't think it was crowded enough. As with stocks, there can be no long-term substitute to examining a government's fundamentals to determine its currency's worth. Based on the fundamentals, far too many investors remain far too confident about the greenback's underlying viability.

In fact, I do not think I have ever seen so rapid a change in sentiment in my career. The crowd had completely switched sides, with most now betting on the demise of the euro rather than the dollar. This is looking like July 2008 all over again, with the dollar poised to put in over-sized gains. It also presents a good opportunity for those who keep their heads.

In my opinion, the market is now perfectly positioned for a massive dollar sell-off. The fundamentals for the dollar in 2010 are so much worse than they were in 2008 that it is hard to imagine a reason for people to keep buying once a modicum of political and monetary stability can be restored in Europe. In fact, the euro has recently stabilized.

My gut is that the dollar sell-off will be sharp and swift. Once the dollar decisively breaks below last year's lows, many of the traders who jumped ship in the recent rally will look to re-establish their positions. This will accelerate the dollar's descent and refocus everyone's attention back on the financial train-wreck unfolding in the United States.

Any doubts about the future of the U.S. dollar should be laid to rest by today's announcement that San Francisco Federal Reserve President Janet Yellen has been nominated to be Vice Chair of the Fed's Board of Governors, and thereby a voter on the interest rate-setting, seven-member Open Markets Committee. Ms. Yellen has earned a reputation for being one of the biggest inflation doves among the Fed's top players.

Looking for an ally to paper over the administration's gaping fiscal holes, it is not surprising that president Obama made this selection. Yellen has consistently downplayed the dangers of inflation and has made statements that indicate she views the Fed as an extension of the Labor Department, rather than a guardian of our currency. Last month, in discussing what she saw as the Fed's obligation to promote employment, she said, "If it were possible to take interest rates into negative territory, I would be voting for that." She may very well make Chairman Bernanke look like a tightwad by comparison.

It is anyone's guess which sparks will be responsible for igniting the falling dollar powder keg. From a trader's perspective, a sharp reversal in the dollar will catch many investors completely off guard. Those who stepped off the short-dollar train will be stuck on the platform as it speeds away. Those who refused to give up their seats are in for a hell of a ride.

WOW...manipulation at its finest. In order to protect the average Joe from a plunge...they're screwing professional investors/traders who provide the liquidity needed to make a market. Will they halt trading if the market goes UP by more than 5%? Of course not.

FYI...I use thinkorswim. It's the absolute best for options trading...it's fair at best for forex. However, they don't trade the other side of your positions and your stops and limits are stored on their servers so no one can see them until they're actually executed.

I agree with all of that Dr. Glance. It doesn't hurt to have food storage and a gun to protect it. Also, in my opinion, hard assets like silver coins in small denominations is smart as well. I believe we'll be able to pay off a modest house with 500 to 1000 ounces of silver within 5 years.

Well I'll be damned. Are you serious, officer? I'm suppose to have a license to fish here? I'm sure glad you told me. I could have gotten myself a ticket if I had been caught by the wrong game warden.

Here's an interesting tidbit from a paid newsletter I receive. www.adenforecast.com As for me personally...I'm looking forward to profiting from a continued major decline in the dollar over the long term. It's been extremely profitable for the last few years. Let's see how it all plays out. Here's the snippet:

The big news this month was
Greece, and it went on and on. This
weak link in the European Union
pushed the euro down as the financial
crisis fueled on itself over what
might happen next.
The state of Greece’s finances
ultimately reached a frenzy on
speculation that the entire European
Union was likely doomed…
But it was all vastly overblown and
emotional.
Nevertheless, this drove the U.S.
dollar even higher because it’s viewed
as a safe haven currency. But when you think about it, the current sentiment
doesn’t make sense.
Remember, Greece only accounts
for 2% of the Eurozone’s GDP. That’s
practically nothing and it’s certainly
not going to bring the European
Union down. As our dear friend
Chuck Butler points out, California
is also in deep financial trouble and
in comparison, it accounts for about
11% of the U.S. economy.
Even considering the other Euro
countries that have too much debt,
like Portugal, Ireland, and Spain,
it’s the same story. In perspective,
Illinois, New York, Michigan,
Florida and a few other states are
facing financial troubles too and as
a group their total GDP’s are more
than double that of the troubled
European countries.

U.S. DOLLAR: Bear market
ready to take hold
As we’ve seen many times before,
this is a clear case of the fundamentals
not coinciding with the
market action. This happens fairly
often but usually, the two will get
back into synch and that may be
starting now.
As we’ve often discussed, the
dollar’s fundamentals are extremely
bearish. We won’t rehash all of
the reasons why but at the top of
the list is massive deficit spending,
excessive money creation, a
large and growing trade deficit,
huge debt, and the very important
fact that the deficit is near 11% of
GDP, a record held by only four of
the major countries in the world,
including Greece.
Normally, when a deficit hits
around 5% of GDP it’s a red flag that
the currency of that country is headed
lower, yet the U.S dollar has been
rising this year… and that’s what we
mean by being out of synch.
But as you can see on Chart
10A, the dollar index has recently
been resisting at its 65-week moving
average, which identifies the
major trend. This average is currently
at 80.50 and if the dollar
index stays below that level, there’s
a good chance that following this
year’s rebound rise, it’ll resume
its super long-term decline that
started back in the early 1970s.
On the other hand, if the dollar
index breaks clearly above 81, then
it could continue up to its mega
downtrend near 83.80 before it
turns down again.

I remember back in the day when I couldn't let a single day go by without checking the hub for new posts. It's been a few months since I last visited. My advice...let it go guys. Dwelling on the negative will only amplify it more in your life. As T. Harv Ecker says in Millionaire Mind..."What you focus on expands."

Good luck in your quest.

Michael Wolf

Like Carl Kruse stated to Michael Wolf: "You don't get it do you? Once we're finished here, we move on to the next game.

Actually...it was Gary Loomis.

Thanks brother.

Thank you brother glance. :)

Does anyone know where to get a quote on xau/usd? thinkorswim doesn't have it. Thanks.

My understanding is the PR group will increase awareness of the STOCK. Is this incorrect?

Out of curiosity...what's pretty about it?

The PR today seals my opinion about this company. Why in the hell would a company that struggles with money spend precious r&d dollars on shareholder communication? Answer...their main business isn't Magshoe...it's selling stock.

I had an open mind regarding this stock. However, this that was announced today is a silly waste of money. DEFINITE DEFINITE RED FLAG FOLKS. Be careful.

Michael Wolf

neophyte- truthfully...I don't know. IDOI seems to have a legit product. However, that doesn't mean the ceo wants to actually follow through with marketing the product. Here are a couple of thoughts:

1. IDOI's product is legit but still has imperfections/bugs perhaps
2. Manufacturing/Marketing/selling a new product is very capital intensive
3. The product is good...but perhaps not good enough to attract mass financing.
4. They bring in Ray because he absolutely, positively has a proven track record of raising money. (Keep in mind it's very expensive...very very highly dilutive to shareholders).

Another possibility is the CEO realizes Magshoe may never quite hit it really big, so he brings in Ray and his folks to get money flowing. Ray is an expert at getting shares into his secret offshore account and selling them/shorting them to enrich himself. Maybe the ceo here at IDOI needed some consulting on this aspect of things?

This is all speculation. However, it's based on what I know about Ray. Make no mistake about it, Ray is a snake. How do we reconcile that to an apparent legit product? I don't know. My recommendation is to keep your eyes wide open to the types of financing. Play this short with term money. If you're investing long term, play short term bounces as well in order to re-coup some of your investment so you're not left holding the bag if Ray, was in fact, brought in to work his financing "magic".

Just a few speculative thoughts based on years of experience with Ray.

Michael Wolf

danno- He may very well know about mergers and reverse mergers, but you don't give someone a seat on the bod for that. You hire a consulting firm.

Cut the bs dude. I know these guys. Oh...I guess that makes me one of them.

Grow up.

http://www.thinkorswim.com
They let me trade stocks,options, futures, and fx. They're completely on the up and up. In fact, they were recently aquired by TDAmeritrade so company liquidity isn't a concern. The fx platform isn't the greatest, but the prophet charts are fantastic.

Gentlemen...goldrusher is nether a paid basher or a terrorist. LOL He's a retired gentleman who is pretty good hearted but has absolutely nothing to do in life except write his book entitled "Scamology 101". He's a real dude. Several folks from the RSMI board have met him. He just has nothing better to do with his time. LOL I've been listening to him for 9 years now. WOW...what the hell does that say about me? LOL

I'm not goldrusher...but if Ray wasn't here and I looked at the IDOI website before looking that anything else, I'd believe it to be totally legit for sure.

Honestly speaking, Ray Willenberg casts doubt over these operations. I believe IDOI has a legit product. However, something must be wrong for Ray to be involved. Seriously folks...that is truly how badly Ray lied to a lot of folks for a LOT of years. I can't figure out why this seemingly legit company is getting tangled up with Ray Willenberg.

Yeah...I was curious to know why you were saying that as it's not necessarily the case. Just trying to keep it real brother.

The thing is...charts and technical analysis cannot tell you what a stock is going to do. It only tells you what it's doing now...and has done in the past. You can make projections based on what you see and await confirmation...but a chart NEVER tells you what a stock IS GOING to do.

By the way...the pattern forming on the IDOI chart is commonly referred to as a potential bull flag pattern. It's a period of consolidation. I say potential because you have to await confirmation. A bounce up above the high of the low day on high volume serves as one form of confirmation. You can then project that the move up will match the prior move prior to the period of sideways to slightly downward consolidation.

By the way...I have no idea how effective or reliable technical analysis is on penny stocks. And yes...I'm bored and cannot sleep.

I'm curious...what is it about the chart that tells you a big run is coming?

This is Ray taking care of his inner circle. You don't get a BOD position like the one Ray has with IDOI without bringing something to the table. Ray brings his own personal offshore account along with the accounts of his friends. His inner circle made a LOT of money on RSMI. Now they're moving on to other things since this RSMI gig is up.

Just because IDOI has a viable product doesn't mean Goldberg's main business is selling that product. In my opinion, since Ray is involved, Goldberg's main goal may very well prove to be the selling of stock. Time will tell.

This is Ray taking care of his inner circle. You don't get a BOD position like the one Ray has without bringing something to the table. Ray brings his own personal offshore account along with the accounts of his friends. His inner circle made a LOT of money on RSMI. Now they're moving on to other things since this RSMI gig is up.

Just because IDOI has a viable product doesn't mean Goldberg's main business is selling that product. In my opinion, since Ray is involved, Goldberg's main goal may very well prove to be the selling of stock. Time will tell.