Custom Search

Wednesday, April 13, 2011

WHAT COULD KNOCK THE WIND OUT OF GOLD

THE FEDERAL RESERVERS CHEAP DOLLAR POLICY IS A BIG PART OF WHY GOLD WENT UP:
What if the Fed changed its cheap dollar policy by raising interest rates and the dollar strengthened? Gold then would take a big hit.
The American dollar would go up if the economy improves. And that could happen if companies that have been effected by Japans earthquake and nuclear power plant disaster take a second look at the stable U.S as a safe place to manufacture.
Then more good paying jobs would be created which would also put more money into the economy and then people would spend more money and more demand will be created.
Then the Fed will raise rates which will strengthen the dollar. And gold prices will start going down.
P.S. GOLD CHARTS CONTINUE TO LOOK VERY BULLISH AND THE METALS LOOK LIKE THEY ARE READY TO TAKE A LEG UP. ESPECIALLY GOLD

Tuesday, April 12, 2011

IN THE NAME OF JESUS

THE LEADERS OF THE CHRISTIAN RIGHT CONNED A BUNCH OF NAIVE GULLIBLE FOLLOWERS INTO ELECTING A COLD BLOODED KILLER AS PRESIDENT WHO WRECKED THE COUNTRY:
George Bush who decimated the American Standard of Living became President because of the backing of the Evangelical Christian leadership and almost destroyed the country in the process. Bush in 8 years as Preident created a measly 3million new jobs. A good President like Bill Clinton created 23 million jobs. Yes Bush like an exploding nuclear reactor destroyed the economy but he also may have done much worse by comprimizing our national security by giving our enemies like Iran influence and power. The U.S. invaded Iraq and removed Sadam which in effect gave Iran control over the country and possibly the whole region.
The Christian right and played a mojor rule in George Bush coming to power. And now the U.S. standing in the world has been greatly diminished along with our once coveted economy. The Christen right must be looked at as enitity more concerned about their own agenda rather then the well being of the United States.

Tuesday, April 05, 2011

IS ALLAN GREENSPAN TO BLAME FOR THE HOUSING CRISIS

HARDLY!
In 2002 Greenspan restarted the economy by relaxing mortgages requirements. This easing (Liars Loans) bought time and gave the economy some breathing room. If the housing industry hadnt been proped up the economy would have collapsed then.
The problem was that the disfunctional George Bush didnt know how to take the ball and run with it. As usual Bush ran to the wrong goal line.
Instead of using the time Greenspan gave him to fix the economy he made things worse by making it even easier for American companies to manufacture outside the U.S.
The U.S. government subisdizing corportations who moved their manufacturing to foreign countries was the cause of the current depression. Jobs that workers once earned a living wage at were exported to other countires with the help of the American government.
Workers earning far less money began living off the equity in their house. And once the money was gone the crash came.
The Reagan-Bush-Bush years were deadly for the American economy not only for releaxing standards governing Wall Street but also for the loss of manufacturing jobs. The only blame Greenspan gets is that he endorsed the so-called world economy. People listened to him. The loss of manufacturing jobs caused the current depression.