Found this real gem of an interview on “The Golden Truth” Dave in Denver says:
“You should listen to this interview with the inestimably esteemed John Williams of http://www.shadowstats.com/: Why We Are F#cked
“In this powerful interview, John shares his research realities on unemployment, the staggering growth in the U.S. Monetary Base, a coming “hyperinflation”, gold, and what he’s doing to prepare and protect his family going forward.” - There’s a new source for the day.
Here’s a Jewel: FOFOA writes on “Chimps, Champs and Chumps”. Another summary of the “why buy now” reasoning. - http://fofoa.blogspot.com/
Be sure to visit my website daily to review the news for yourself.
NEW! Links now open in separate tabs automatically, so you can have many open at the same time.
TIP! If you click on the little ‘graph’ icon to the left of the silver or gold ‘spot’ prices on Kitco Live Market Quotes (http://www.kitco.com/market/), it will take you to the live ‘minute by minute’ graphs. It really helps to get an idea of where it’s been and (maybe) where it’s going.
That’s enough for today. If you discover something of interest, send it to me and I’ll (maybe) put it in tomorrow’s brief.
Lots of love and have a great week end (enjoy the play)
w/love
ali
Saturday, July 31, 2010
Friday, July 30, 2010
July 30, 2010; Friday, 4PM - The Beginning
Dear Reader: I’ve started a webpage devoted to listing the cool news sites I discover and rely upon for my info. http://www.Surrenderworks.com/silvernews It’s still WIP but the beginnings are there.
I’ll send out (subscription only) a daily (more or less) brief to friends and subscribers gleaning what I deem to be the top stories of the day. I’ll be trying to have it out by 9AM. I’ll call it “Today’s Scanning”, and post it also in the archives of the silvernews page.
This should save you the time of scanning the same sources I scan through every day. But it’s still fun to scan them on your own. I encourage you to become familiar with these sites.
I'll also list the forward thinking newsletters I subscribe to, and older articles I’ve read that have influenced my current frame of mind concerning social issues, corruption, and what we can do.
So - News sites, Newsletters and previous article of significance. All at http://www.Surrenderworks.com/silvernews
Subscribe using the 'subscribe' link at the top of the page.
*************************
July 30, 2010; Friday, 4PM - Today's scanning of the news brings up these items of interest
"Gold's on the cusp of a parabolic move up"
This one is John Embry's July column for the Canadian publication Investor's Digest of Canada. John is chief investment strategist at Sprott Asset Management in Toronto. Sprott AM is someone to watch.
http://www.sprott.com/Docs/InvestorsDigest/2010/06_23_2010 Gold's on the cusp of a parabolic move up.pdf
And the next I found on Before It’s News
The Beginning of the End?
http://beforeitsnews.com/story/118/635/The_Beginning_Of_The_End.html
It's an interesting take on recent events.
And the last for today is an older article by Ron Holland on LewRockwell.com about how to handle IRA’s and other retirement funds… http://www.lewrockwell.com/holland/holland12.1.html
The Gist:
Towards the end of this very explanatory report he says: (but read it, of course) -
"Washington does not want you to terminate your retirement plan now before the GRA is in place. They will need a real or contrived crisis combined with the extra distribution penalties and the loss of tax-deferred growth to make it necessary for most retirement plans and participants to transfer their funds into the proposed Guaranteed Retirement Annuity program. My advice is, depending on your business or personal circumstances, to terminate before the government makes this option prohibitive."
"For participants in their 30's to 50's with more than the $200,000 threat level in qualified plan assets, I would also suggest that you "bite the bullet" – including the early distribution penalties – and take the funds out now, while you still have the opportunity. The costs of get-ting out from under the existing government plan system will only increase as time goes by. Penalties, controls and taxes will never be reduced, only increased, and Congress will make sure there is no way any productive, working American can escape the annual forced contribution as a percentage of your salary into the new GRA accounts. The GRA system will be just another black hole on your paycheck each month, just like Social Security. They get your money and you get a promise which they will consistently over time change to their ad-vantage and your detriment.
More Ron Holland can be found at
http://www.lewrockwell.com/holland/holland-arch.html
And on a Spiritual Note: From Huff Post -
http://www.huffingtonpost.com/robert-lanza/why-youre-alive-and-can-n_b_660552.html
*****************
That’s it for now
w/love
ali
I’ll send out (subscription only) a daily (more or less) brief to friends and subscribers gleaning what I deem to be the top stories of the day. I’ll be trying to have it out by 9AM. I’ll call it “Today’s Scanning”, and post it also in the archives of the silvernews page.
This should save you the time of scanning the same sources I scan through every day. But it’s still fun to scan them on your own. I encourage you to become familiar with these sites.
I'll also list the forward thinking newsletters I subscribe to, and older articles I’ve read that have influenced my current frame of mind concerning social issues, corruption, and what we can do.
So - News sites, Newsletters and previous article of significance. All at http://www.Surrenderworks.com/silvernews
Subscribe using the 'subscribe' link at the top of the page.
*************************
July 30, 2010; Friday, 4PM - Today's scanning of the news brings up these items of interest
"Gold's on the cusp of a parabolic move up"
This one is John Embry's July column for the Canadian publication Investor's Digest of Canada. John is chief investment strategist at Sprott Asset Management in Toronto. Sprott AM is someone to watch.
http://www.sprott.com/Docs/InvestorsDigest/2010/06_23_2010 Gold's on the cusp of a parabolic move up.pdf
And the next I found on Before It’s News
The Beginning of the End?
http://beforeitsnews.com/story/118/635/The_Beginning_Of_The_End.html
It's an interesting take on recent events.
And the last for today is an older article by Ron Holland on LewRockwell.com about how to handle IRA’s and other retirement funds… http://www.lewrockwell.com/holland/holland12.1.html
The Gist:
Towards the end of this very explanatory report he says: (but read it, of course) -
"Washington does not want you to terminate your retirement plan now before the GRA is in place. They will need a real or contrived crisis combined with the extra distribution penalties and the loss of tax-deferred growth to make it necessary for most retirement plans and participants to transfer their funds into the proposed Guaranteed Retirement Annuity program. My advice is, depending on your business or personal circumstances, to terminate before the government makes this option prohibitive."
"For participants in their 30's to 50's with more than the $200,000 threat level in qualified plan assets, I would also suggest that you "bite the bullet" – including the early distribution penalties – and take the funds out now, while you still have the opportunity. The costs of get-ting out from under the existing government plan system will only increase as time goes by. Penalties, controls and taxes will never be reduced, only increased, and Congress will make sure there is no way any productive, working American can escape the annual forced contribution as a percentage of your salary into the new GRA accounts. The GRA system will be just another black hole on your paycheck each month, just like Social Security. They get your money and you get a promise which they will consistently over time change to their ad-vantage and your detriment.
More Ron Holland can be found at
http://www.lewrockwell.com/holland/holland-arch.html
And on a Spiritual Note: From Huff Post -
http://www.huffingtonpost.com/robert-lanza/why-youre-alive-and-can-n_b_660552.html
*****************
That’s it for now
w/love
ali
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