While I imagine all of these guys voted for him, at least the cast/crew/writers of SNL (Saturday Night Live) have Obama’s UNPRECEDENTED idiotic policies figured out.
(The unprecedented part is my jab at him, it’s the White House’ favorite word)
Enjoy this SNL skit of Obama with Jintao in China:

Great, huh?
I like the part about paying back [...]

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The Chinese get it, the U.S. doesn’t.
They are buying gold, most U.S. citizens wouldn’t recognize it if they saw it.
Jeff Clark is going to try to help us understand where the price of gold is going to go (up) and the value of gold stocks (up) once the full effect of Chinese buying hits the [...]

Continue reading " How Will China Affect The Price of Gold and Gold Stocks? "

Their managers don’t
There are pros and cons to investing in mutual funds. When it comes to just wanting to own “stocks” then an index fund from a high quality low cost provider does make sense. The fact that you cannot control capital gains will make less of a difference in 2011, or maybe 2010 considering [...]

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The Best Energy Investments in the World
An interview with Marin Katusa, Casey Research
In the past three years, Marin Katusa, senior energy analyst at Casey Research, has become one of the most respected and listened-to authorities in the investment advisory business. He spends the bulk of his time on airplanes and in far-off places studying the [...]

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The United States relies heavily on foreigners to buy our worthless paper, I mean U.S. Debt. This past year there have been auctions that have not gone well, but generally someone buys the stuff, if only to keep the value of what they already own from tanking.
Doug Hornig has more to say:
What If They Stop [...]

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Today Canplats, a junior Canadian Gold Mining company, was up 37% after being offered a buyout by GoldCorp. This is another profitable win for Casey’s International Speculator where Canplats is a portfolio holding.
Actually, the International Speculator had us get in at a price that was pretty good anyway and we were in the black (or [...]

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Reading about all of the taxes politicians are dreaming up to soak the rich (anyone with a job), steal from the super rich (anyone with a capital gain) and impose draconian controls on whoever they can all in the name of Universal HealthCare (which still leaves about 5 million people with no coverage) – makes [...]

Continue reading " Government – Too Much and Too Expensive "

In a previous blog post I showed a guy trying to sell for $50, then even give away a 1 ounce Canadian Maple Leaf gold coin – and couldn’t. That coin right now costs about $1200.
Some day these people are going to figure it out. And when they do, there simply is not enough gold [...]

Continue reading " What Will The Price Of Gold Do When Everyone Wants Some? "

That’s the question Mark Dice put to a fair number of absolute idiots somewhere near where he lives. The houses are $1 million a piece, a 1 bedroom dump rents for $1200 / month and these people do not know what a 1 ounce gold coin is worth; or whether it matters that it’s from [...]

Continue reading " Sir, Can I Sell You a $1200 Canadian Maple 1 Ounce Gold Coin for $50? "

Commercial Real Estate Crash Will Bring More Bank Carnage
If you listen to the mainstream news media, and I hope you don’t, you would think that all is now well in the banking sector. Far from the truth.
Hundreds of banks are operating zombies, not shut down because the FDIC cannot afford to. They recently spent another [...]

Continue reading " Commercial Real Estate Meltdown Poised to Make Residential Crash Look Lame "