Seek ye the Lord while he may be found, call ye upon him while he is near Isaiah 55:6KJV
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Ron Paul teaches Bernanke Austrian Economics
MUST WATCH Two Lectures On The History Of Austrian Economics
When it comes to the types of people in this world, there are those who say that the only way to fix the current economic catastrophe is to keep doing more of the same that got us in this condition in the first place (these are the people who say mean regression is irrelevant, and 10 men and women in an economic room can overturn the laws of math, nature, physics, and everything else and determine what is best for 7 billion people), and then there is everyone else. The former are called Keynesians. The latter are not. Only those in the former camp don't see the lunacy of their fundamental premise, a good example of which is the following. Luckily, the world is nearing the tipping point when the camp of the former, which for the simple reason that it allowed the few to steal from the many under the guise that it is for the benefit of all, is about to be overrun, hopefully peacefully and amicable but not necessarily, and the camp of the latter finally has its day in the sun. Naturally, when that happens the status quo loses, as the entire educational and employment paradigm is one which idolizes the former and ridicules the latter even though the former has now proven beyond a shadow of a doubt it is a miserable failure (ref: $20+ trillion excess debt overhang which will, without doubt, lead to a global debt repudiation or restructuring, with some components of "odious debt"). So for all those still confused what some of the core premises of the ascendent "latter" are, below we present two one-hour lectures by Israel Kirzner. I urge readers to set aside two hours, which otherwise would be devoted to watching rubbish on TV or waiting in line for In N Out burger, and watch the two lectures below. Because, contrary to what the voodoo shamans of failure will tell you, there is a way out. It is a very painful way, but it does exist. The alternative is an assured and complete systemic collapse once the can kicking finally fails.
The History of Austrian Economics, Part 1 | Dr. Israel Kirzner
MUST WATCH Two Lectures On The History Of Austrian Economics
When it comes to the types of people in this world, there are those who say that the only way to fix the current economic catastrophe is to keep doing more of the same that got us in this condition in the first place (these are the people who say mean regression is irrelevant, and 10 men and women in an economic room can overturn the laws of math, nature, physics, and everything else and determine what is best for 7 billion people), and then there is everyone else. The former are called Keynesians. The latter are not. Only those in the former camp don't see the lunacy of their fundamental premise, a good example of which is the following. Luckily, the world is nearing the tipping point when the camp of the former, which for the simple reason that it allowed the few to steal from the many under the guise that it is for the benefit of all, is about to be overrun, hopefully peacefully and amicable but not necessarily, and the camp of the latter finally has its day in the sun. Naturally, when that happens the status quo loses, as the entire educational and employment paradigm is one which idolizes the former and ridicules the latter even though the former has now proven beyond a shadow of a doubt it is a miserable failure (ref: $20+ trillion excess debt overhang which will, without doubt, lead to a global debt repudiation or restructuring, with some components of "odious debt"). So for all those still confused what some of the core premises of the ascendent "latter" are, below we present two one-hour lectures by Israel Kirzner. I urge readers to set aside two hours, which otherwise would be devoted to watching rubbish on TV or waiting in line for In N Out burger, and watch the two lectures below. Because, contrary to what the voodoo shamans of failure will tell you, there is a way out. It is a very painful way, but it does exist. The alternative is an assured and complete systemic collapse once the can kicking finally fails.
The History of Austrian Economics, Part 1 | Dr. Israel Kirzner
European Economy Contracts For Fifth Month In A Row, More Pain Ahead
Following today's release of European manufacturing PMI data we are sadly no closer to getting any resolution on which way the great US-European divergence will compress. Because all we learned is that, very much as expected, Europe managed to contract for a fifth month in a row, with the average PMI in Q4 2011 the weakest since Q2 2009, essentially guaranteeing a sharp recession once the manufacturing slow down spills over to GDP. The only silver lining was that the contraction across the continent was modesty better than expected, however if this merely means that the band aid is being pull off slowly and painfully instead of tearing it off is up for question.
The released December manufacturing PMIs were as follows:
Italy: 44.3 vs 44.0 previously, exp. 43.8
France: 48.8 vs 47.3 previously, exp. 48.7
Germany: 48.4 vs 47.9 previously, exp. 48.1
Greece: 42.0 vs 40.9, nobody cared about expectations as the economy is total freefall
And the consolidated Eurozone PMI number came at 46.9, just a tad higher than the 46.4 in November, and in line with expectations.
The worst news, as Reuters reports below, is that New Orders are dropping at a faster pace than output cut, meaning the contraction is back end loaded and more deterioration is imminent.
But first visually, Europe's Industrial Production is still lagging the slowdown in manufacturing. Expect this compression to also collapse, likely in an adverse fashion.
And from Reuters:
Euro zone manufacturing activity declined for a fifth consecutive month in December, although at a slightly slower rate than November's 28-month record low, a survey showed on Monday, suggesting the decline would continue in the early months of 2012.
Markit's Eurozone Manufacturing Purchasing Managers' Index (PMI) rose slightly in December to 46.9 from November's 46.4, but marked its fifth month below the 50 mark that divides growth from contraction. It was unchanged from an earlier preliminary reading.
Survey compiler Markit said levels of production and new orders fell in all of the euro zone countries covered by the survey for the second month running.
"Despite the rate of decline easing slightly in December, production appears to have been collapsing across the single currency area at a quarterly rate of approximately 1.5 percent in the final quarter of 2011," said Chris Williamson, chief economist at Markit.
"The survey also points to a strong likelihood of further declines in the first quarter of the new year, with producers cutting back headcounts, inventories and purchasing."
The euro zone economy is already stuck in a recession that will last until the second quarter of 2012, Reuters polls of economists suggested last month. They forecast the economy will probably see no growth this year.
Business and consumer confidence in the currency bloc has been eroded by a weakening global economy and by euro zone policymakers' failure to make progress on resolving the euro zone debt crisis. Austerity measures imposed to try and cut high debt levels in the currency bloc risk further undermining euro zone economies this year, analysts say.
The new orders component of the December PMI survey also picked up slightly, to 43.5 in December from 42.4 the previous month, but it remained weak and Markit warned of a persistent and worrying divergence in order levels and output.
"Worryingly, new orders are falling at a far faster rate than manufacturers have been cutting output, meaning firms have been reliant on orders placed earlier in the year to sustain current production levels," said Williamson.
"This is particularly evident in Germany, and suggests that operating capacity will be slashed in coming months unless demand revives."
But fear not: the US is fine as it continues to export stuff to... someone. And lest we forget, US banks are completely isolated from European contagion
I like it!
How were your Holidays Dollarland?
European Economy Contracts For Fifth Month In A Row, More Pain Ahead
Following today's release of European manufacturing PMI data we are sadly no closer to getting any resolution on which way the great US-European divergence will compress. Because all we learned is that, very much as expected, Europe managed to contract for a fifth month in a row, with the average PMI in Q4 2011 the weakest since Q2 2009, essentially guaranteeing a sharp recession once the manufacturing slow down spills over to GDP. The only silver lining was that the contraction across the continent was modesty better than expected, however if this merely means that the band aid is being pull off slowly and painfully instead of tearing it off is up for question.
The released December manufacturing PMIs were as follows:
Italy: 44.3 vs 44.0 previously, exp. 43.8
France: 48.8 vs 47.3 previously, exp. 48.7
Germany: 48.4 vs 47.9 previously, exp. 48.1
Greece: 42.0 vs 40.9, nobody cared about expectations as the economy is total freefall
And the consolidated Eurozone PMI number came at 46.9, just a tad higher than the 46.4 in November, and in line with expectations.
The worst news, as Reuters reports below, is that New Orders are dropping at a faster pace than output cut, meaning the contraction is back end loaded and more deterioration is imminent.
But first visually, Europe's Industrial Production is still lagging the slowdown in manufacturing. Expect this compression to also collapse, likely in an adverse fashion.
And from Reuters:
Euro zone manufacturing activity declined for a fifth consecutive month in December, although at a slightly slower rate than November's 28-month record low, a survey showed on Monday, suggesting the decline would continue in the early months of 2012.
Markit's Eurozone Manufacturing Purchasing Managers' Index (PMI) rose slightly in December to 46.9 from November's 46.4, but marked its fifth month below the 50 mark that divides growth from contraction. It was unchanged from an earlier preliminary reading.
Survey compiler Markit said levels of production and new orders fell in all of the euro zone countries covered by the survey for the second month running.
"Despite the rate of decline easing slightly in December, production appears to have been collapsing across the single currency area at a quarterly rate of approximately 1.5 percent in the final quarter of 2011," said Chris Williamson, chief economist at Markit.
"The survey also points to a strong likelihood of further declines in the first quarter of the new year, with producers cutting back headcounts, inventories and purchasing."
The euro zone economy is already stuck in a recession that will last until the second quarter of 2012, Reuters polls of economists suggested last month. They forecast the economy will probably see no growth this year.
Business and consumer confidence in the currency bloc has been eroded by a weakening global economy and by euro zone policymakers' failure to make progress on resolving the euro zone debt crisis. Austerity measures imposed to try and cut high debt levels in the currency bloc risk further undermining euro zone economies this year, analysts say.
The new orders component of the December PMI survey also picked up slightly, to 43.5 in December from 42.4 the previous month, but it remained weak and Markit warned of a persistent and worrying divergence in order levels and output.
"Worryingly, new orders are falling at a far faster rate than manufacturers have been cutting output, meaning firms have been reliant on orders placed earlier in the year to sustain current production levels," said Williamson.
"This is particularly evident in Germany, and suggests that operating capacity will be slashed in coming months unless demand revives."
But fear not: the US is fine as it continues to export stuff to... someone. And lest we forget, US banks are completely isolated from European contagion
Financial Stocks Still Suck -- Here's Why
Financials have had a rough year. Well actually a rough three years. Some sectors have done better than others, for sure, but on the whole they are lagging. I am sure the CEO’s and Officers of many of these companies cannot wait for 2011 to end so as to have a better chance at their underwater stock and options positions moving back in the money in 2012. But as any trader knows, hoping and wishing are not a strategy. So what do the charts say about the prospects going forward? Let’s take a look using the Financial Select Sector SPDR, $XLF, in multiple time frames.
Financial Select Sector SPDR, $XLF, Monthly
The monthly chart above is at a crossroads. There are some positive signals. Price has recently bounced higher back over the 38.2% Fibonacci level, after retracing and stopping at the 50% level of the rebound move from the March 2009 lows. This bodes well for a move back to 16.94 over time. But it needs to get through resistance at 13.70 first. And then there is….come to think of it, that is the only positive signal on this timeframe. The negatives add up though. The Simple Moving Averages (SMA) are all sloping lower and above the price. The Relative Strength Index (RSI) is in bearish territory and moving sideways, no longer trying to go higher. The Moving Average Convergence Divergence (MACD) indicator is negative and starting to grow more so. As it continues to fail to break above the 13.70 resistance it is building a bear flag. A drop below it triggers a target near 7.50. The weekly timeframe below is a bit more positive
Financial Select Sector SPDR, $XLF, Weekly
The RSI on this timeframe is still bearish but has been trending higher. The MACD is also positive. It has some room to run before it hits the downtrend line in pink. But notice where that is. 13.70 again. And it is becoming the confluence of the 50, 100 and 200 week SMA’s. This could be major resistance, no wonder it has stalled there. Also note that after only retracing 38.2% of the major move lower during the financial crisis it fell back and is trying to hold at the 23.6% Fibonacci level near 12.37. Losing this level would suggest a move back to the 2009 lows at 5.60. A convincing move over the downtrend line is required to consider getting long.
Financial Select Sector SPDR, $XLF, Daily
Finally on the shorter term daily timeframe is why there is some hope for financial lovers. The chart above shows it making an approach to resistance at 13.25 with a rising RSI and MACD that has just crossed positive. The RSI has not turned bullish yet, but take what you can get. It is above the 20, 50 and 100 day SMA’s and the 20 and 50 day SMA’s are starting to rise. It has also made a higher low. This is not a bullish chart but it is showing some signs of life, and a lot of work to do. Over 13.25 it faces resistance at 13.60 and then 14.00 and 14.50, as well as the down trend line.
Bottom line, the financials may do better in 2012 than they have in the past 3 years, but they have the deck stacked against them in the charts. Just because they do not scream to short right away anymore does not mean that they do not still suck. Being not the worst is very different from being good. You might think that the move from the current 13.06 to over 14.50, more than 11% higher is something that you do not want to miss. And if you are a proficient trader and attentive I agree. If not then understand that when the financials do turn around and prove it by exceeding 14.50 there will be plenty of upside to participate in. Until them stay away except for a short term trade.
$SPX
http://www.wealthwire.com/news/equities/2432
Financial Stocks Still Suck -- Here's Why
Financials have had a rough year. Well actually a rough three years. Some sectors have done better than others, for sure, but on the whole they are lagging. I am sure the CEO’s and Officers of many of these companies cannot wait for 2011 to end so as to have a better chance at their underwater stock and options positions moving back in the money in 2012. But as any trader knows, hoping and wishing are not a strategy. So what do the charts say about the prospects going forward? Let’s take a look using the Financial Select Sector SPDR, $XLF, in multiple time frames.
Financial Select Sector SPDR, $XLF, Monthly
The monthly chart above is at a crossroads. There are some positive signals. Price has recently bounced higher back over the 38.2% Fibonacci level, after retracing and stopping at the 50% level of the rebound move from the March 2009 lows. This bodes well for a move back to 16.94 over time. But it needs to get through resistance at 13.70 first. And then there is….come to think of it, that is the only positive signal on this timeframe. The negatives add up though. The Simple Moving Averages (SMA) are all sloping lower and above the price. The Relative Strength Index (RSI) is in bearish territory and moving sideways, no longer trying to go higher. The Moving Average Convergence Divergence (MACD) indicator is negative and starting to grow more so. As it continues to fail to break above the 13.70 resistance it is building a bear flag. A drop below it triggers a target near 7.50. The weekly timeframe below is a bit more positive
Financial Select Sector SPDR, $XLF, Weekly
The RSI on this timeframe is still bearish but has been trending higher. The MACD is also positive. It has some room to run before it hits the downtrend line in pink. But notice where that is. 13.70 again. And it is becoming the confluence of the 50, 100 and 200 week SMA’s. This could be major resistance, no wonder it has stalled there. Also note that after only retracing 38.2% of the major move lower during the financial crisis it fell back and is trying to hold at the 23.6% Fibonacci level near 12.37. Losing this level would suggest a move back to the 2009 lows at 5.60. A convincing move over the downtrend line is required to consider getting long.
Financial Select Sector SPDR, $XLF, Daily
Finally on the shorter term daily timeframe is why there is some hope for financial lovers. The chart above shows it making an approach to resistance at 13.25 with a rising RSI and MACD that has just crossed positive. The RSI has not turned bullish yet, but take what you can get. It is above the 20, 50 and 100 day SMA’s and the 20 and 50 day SMA’s are starting to rise. It has also made a higher low. This is not a bullish chart but it is showing some signs of life, and a lot of work to do. Over 13.25 it faces resistance at 13.60 and then 14.00 and 14.50, as well as the down trend line.
Bottom line, the financials may do better in 2012 than they have in the past 3 years, but they have the deck stacked against them in the charts. Just because they do not scream to short right away anymore does not mean that they do not still suck. Being not the worst is very different from being good. You might think that the move from the current 13.06 to over 14.50, more than 11% higher is something that you do not want to miss. And if you are a proficient trader and attentive I agree. If not then understand that when the financials do turn around and prove it by exceeding 14.50 there will be plenty of upside to participate in. Until them stay away except for a short term trade.
$SPX
http://www.wealthwire.com/news/equities/2432
Financial Stocks Still Suck -- Here's Why
Financials have had a rough year. Well actually a rough three years. Some sectors have done better than others, for sure, but on the whole they are lagging. I am sure the CEO’s and Officers of many of these companies cannot wait for 2011 to end so as to have a better chance at their underwater stock and options positions moving back in the money in 2012. But as any trader knows, hoping and wishing are not a strategy. So what do the charts say about the prospects going forward? Let’s take a look using the Financial Select Sector SPDR, $XLF, in multiple time frames.
Financial Select Sector SPDR, $XLF, Monthly
The monthly chart above is at a crossroads. There are some positive signals. Price has recently bounced higher back over the 38.2% Fibonacci level, after retracing and stopping at the 50% level of the rebound move from the March 2009 lows. This bodes well for a move back to 16.94 over time. But it needs to get through resistance at 13.70 first. And then there is….come to think of it, that is the only positive signal on this timeframe. The negatives add up though. The Simple Moving Averages (SMA) are all sloping lower and above the price. The Relative Strength Index (RSI) is in bearish territory and moving sideways, no longer trying to go higher. The Moving Average Convergence Divergence (MACD) indicator is negative and starting to grow more so. As it continues to fail to break above the 13.70 resistance it is building a bear flag. A drop below it triggers a target near 7.50. The weekly timeframe below is a bit more positive
Financial Select Sector SPDR, $XLF, Weekly
The RSI on this timeframe is still bearish but has been trending higher. The MACD is also positive. It has some room to run before it hits the downtrend line in pink. But notice where that is. 13.70 again. And it is becoming the confluence of the 50, 100 and 200 week SMA’s. This could be major resistance, no wonder it has stalled there. Also note that after only retracing 38.2% of the major move lower during the financial crisis it fell back and is trying to hold at the 23.6% Fibonacci level near 12.37. Losing this level would suggest a move back to the 2009 lows at 5.60. A convincing move over the downtrend line is required to consider getting long.
Financial Select Sector SPDR, $XLF, Daily
Finally on the shorter term daily timeframe is why there is some hope for financial lovers. The chart above shows it making an approach to resistance at 13.25 with a rising RSI and MACD that has just crossed positive. The RSI has not turned bullish yet, but take what you can get. It is above the 20, 50 and 100 day SMA’s and the 20 and 50 day SMA’s are starting to rise. It has also made a higher low. This is not a bullish chart but it is showing some signs of life, and a lot of work to do. Over 13.25 it faces resistance at 13.60 and then 14.00 and 14.50, as well as the down trend line.
Bottom line, the financials may do better in 2012 than they have in the past 3 years, but they have the deck stacked against them in the charts. Just because they do not scream to short right away anymore does not mean that they do not still suck. Being not the worst is very different from being good. You might think that the move from the current 13.06 to over 14.50, more than 11% higher is something that you do not want to miss. And if you are a proficient trader and attentive I agree. If not then understand that when the financials do turn around and prove it by exceeding 14.50 there will be plenty of upside to participate in. Until them stay away except for a short term trade.
$SPX
http://www.wealthwire.com/news/equities/2432
Great Stuff Thanks!
JER1
Silver Prices Set to Triple in 2012
By the end of next year, financial experts anticipate gold prices to double or triple from its $29-per-ounce price – the mid-December level.
The financial systems around the world have been shaken up by a chaotic 2011, with rumors of complete financial collapse plaguing markets for the better part of this tumultuous year.
With financial worries spilling over into the new year, precious metal bulls have something to look forward to in the coming year...
David Morgan, precious metals analysts with Silver-Investor.com, says silver is set to hit $60 by the close of 2012.
Morgan asserts that an increased number of investors will run to silver markets (gold markets too) in seeking a safe-haven amidst “continued deterioration of the world financial system.”
According to HSBC Securities, a re-invigorated silver investor interest will allow for a 7 percent expansion in global demand next year. TD Securities says that expansion will be even greater, estimating silver investor interest to pick up by 9 percent.
That would mean investor demand could spike to a historically-unheard-of 968 million ounces (if the lower percentage holds true) and possibly all the way up to 1.021 billion ounces if the latter estimate comes to fruition.
With debt levels in our country remaining at record-highs, the risk of default lingers. Whether we are able to pay those debts or end up defaulting, economic activity and spending will be cut drastically. Not just in the United States, but around the whole world. This could lead to another stock market crash..." 'Before this happens, it would be foolish to talk about a top in precious metals,' because these conditions are precisely what will drive silver prices significantly higher," explains analyst Hubert Moolman.
Senior Fellow at GoldMoney Foundation, Alasdair Macleod, also expects silver to take some bold leaps in the year upon us. In lieu of a dying fiat currency, Macleaod believes silver and gold will undoubtedly take the reigns as the financial currency of choice as the purchasing power of dollars, euros, pounds, and other currencies wanes.
In these uncertain and changing times, more and more investors will be forced to invest their wealth in safer places. Macleod understands this, saying:
“We don’t have very long left to live under fiat money. We’re on an accelerating road to a complete destruction of paper currencies, with only about two and half years left to go. The economic establishment is collapsing. On one hand it’s frightening, and on the other it’s very exciting.”
…
“Looking at my models, gold should be priced around $3800 by the end of 2012, and silver’s got potentially a triple or more over the next year considering the shortages.”
...
“We live an upside down world where, the things meant to be risk free are suddenly full of risk, and the parties which traditionally carry the risk are absolved of it.”
The Compassion of Dr. Ron Paul
As the mainstream media continues its hachet-job on candidate Ron Paul, his campaign has released a video recalling a touching story of doctor Ron Paul...
No candidate from either party can pull stories like this out of their past...
The Compassion of Dr. Ron Paul
As the mainstream media continues its hachet-job on candidate Ron Paul, his campaign has released a video recalling a touching story of doctor Ron Paul...
No candidate from either party can pull stories like this out of their past...
Gold Records 11th Annual Gain, Ends 2011 Up 11% as World Stocks Drop 8%
The price of physical gold crept higher early Friday, recovering half of this week's 5% loss to near 6-month lows as the Euro currency rallied from 12-month lows and world stock markets held flat.
The last London Gold Fix of 2011 came in at $1574.50 per ounce – some 11.6% higher from the end of 2010, and recording gold's 11th year of consecutive gains.
US crude oil neared year-end just shy of $100 per barrel, also 11% up on 2010.
The MSCI index of world stock markets has lost 8% in 2011.
Silver bullion lost almost 9% against the US Dollar this year, recording near all-time highs in April just shy of $50 per ounce but retreating Thursday as low as $26.25.
"People close their profitable positions to cash out before the year-end, " says Nick Trevethan, ANZ Bank's senior commodity strategist.
"Gold is still up on the year and there are relatively few markets moving in the positive territory,"
"Base metals have not fared well this year, with falls recorded across the complex," notes Marc Ground at Standard Bank, listing 2011 losses of 18.6% in aluminum, 20.7% in copper and 28.7% in tin.
"Gold has done its job this year of protecting investors," Bloomberg quotes Michael Cuggino at the $15 billion Permanent Portfolio Solutions in San Francisco.
"Some people will get out of gold, but the longer-term investors will remain."
On a technical analysis of chart patterns, says Russell Browne at Scotia Mocatta in New York, "The longer-term uptrend off the October 2008 low remains intact, but was breached on an intraday basis [on Thursday] and is likely to be re-tested and breached in the short term."
"Gold is going to go higher, but it's not going to go in a straight line," says Martin Murenbeeld at DundeeWealth in Toronto.
"Gold has given positive returns, but it doesn't necessarily do it in the way that gives comfort, and that makes people nervous."
$GOLD
$SILVER
$OIL
$SPX
Adrian Ash of BullionVault
Gold Records 11th Annual Gain, Ends 2011 Up 11% as World Stocks Drop 8%
The price of physical gold crept higher early Friday, recovering half of this week's 5% loss to near 6-month lows as the Euro currency rallied from 12-month lows and world stock markets held flat.
The last London Gold Fix of 2011 came in at $1574.50 per ounce – some 11.6% higher from the end of 2010, and recording gold's 11th year of consecutive gains.
US crude oil neared year-end just shy of $100 per barrel, also 11% up on 2010.
The MSCI index of world stock markets has lost 8% in 2011.
Silver bullion lost almost 9% against the US Dollar this year, recording near all-time highs in April just shy of $50 per ounce but retreating Thursday as low as $26.25.
"People close their profitable positions to cash out before the year-end, " says Nick Trevethan, ANZ Bank's senior commodity strategist.
"Gold is still up on the year and there are relatively few markets moving in the positive territory,"
"Base metals have not fared well this year, with falls recorded across the complex," notes Marc Ground at Standard Bank, listing 2011 losses of 18.6% in aluminum, 20.7% in copper and 28.7% in tin.
"Gold has done its job this year of protecting investors," Bloomberg quotes Michael Cuggino at the $15 billion Permanent Portfolio Solutions in San Francisco.
"Some people will get out of gold, but the longer-term investors will remain."
On a technical analysis of chart patterns, says Russell Browne at Scotia Mocatta in New York, "The longer-term uptrend off the October 2008 low remains intact, but was breached on an intraday basis [on Thursday] and is likely to be re-tested and breached in the short term."
"Gold is going to go higher, but it's not going to go in a straight line," says Martin Murenbeeld at DundeeWealth in Toronto.
"Gold has given positive returns, but it doesn't necessarily do it in the way that gives comfort, and that makes people nervous."
$GOLD
$SILVER
$OIL
$SPX
Adrian Ash of BullionVault
Welcome To my Blog!
JER1’s Investment, Trading & News Chat
My name is Robert or Rob as most people call me.
I have created this blog to help keep people up to date on
economic events, Technical charts, news and really just about
anything and everything that insures that we
are all informed.
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JER1