By Michael Sivy
@MFSivy
September 12, 2011
Read more: http://moneyland.time.com/2011/09/12/its-time-to-admit-the-euro-has-failed/#ixzz1Xr3WXoP2
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Is there anyplace where your money is safe? Hmmm... BK
Tuesday, September 13, 2011
It's Time To Admit The Euro Has Failed
Monday, September 12, 2011
Since 9/11, It Has Paid to Own Silver, Gold and Oil
From: The Wall Street Journal
The best performing asset class of the past decade has been silver, up more than 900%, from $4.16 an ounce to nearly $42 at last check. Gold has been a healthy second, up nearly 568%, from about $272 an ounce to about $1854.
Crude-oil, which everybody expected to be a big winner after Sept. 11, has gained, though not as much as gold and silver, rising 225%, from less than $28 a barrel to about $86.
The biggest post-9/11 losers have been the US dollar, European stock markets and financial stocks in the S&P 500. The best-performing sector in the S&P over this time has been the energy sector, up 128%. LINK...
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And yet portfolio managers around the world are less than 1% invested in Gold/Silver related assets. What will happen when these managers start looking for a better return on capital? BK
The best performing asset class of the past decade has been silver, up more than 900%, from $4.16 an ounce to nearly $42 at last check. Gold has been a healthy second, up nearly 568%, from about $272 an ounce to about $1854.
Crude-oil, which everybody expected to be a big winner after Sept. 11, has gained, though not as much as gold and silver, rising 225%, from less than $28 a barrel to about $86.
The biggest post-9/11 losers have been the US dollar, European stock markets and financial stocks in the S&P 500. The best-performing sector in the S&P over this time has been the energy sector, up 128%. LINK...
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And yet portfolio managers around the world are less than 1% invested in Gold/Silver related assets. What will happen when these managers start looking for a better return on capital? BK
Labels:
Gold Investing,
Silver Investing,
Wall Street Gold
Saturday, September 10, 2011
The Myth of Neo-Liberalism
A very thought provoking interview. A must watch!
Michael Hudson says we're headed for a 5-10 year DEPRESSION? VIDEO...
Michael Hudson says we're headed for a 5-10 year DEPRESSION? VIDEO...
Labels:
Depression,
Economy,
Michael Hudson,
Pension Fraud,
Pension Funds
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