Category Archives: free money

Michael Platt: “”It’s very hard to have infinite faith in money when money is being created infinitely””

Michael Platt from BlueCrest Capital Management.(Bloomberg video) When asked about the safety of US Government debt, he comments on the 30 year bond.. “I’m not going US Goverment bonds, it’s very interesting I had a dinner once with a guy … Continue reading

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Sarah Hoyt: “And I think the whole world is headed to a headlong crash with reality. And suddenly I don’t feel like laughing at goldbugs.”

Son of QE2, This Time It’s Deadly But wait, there’s more. Insofar as an economy and a monetary system is not just a way to ease transactions between people but a contract with the future – you invest, borrow and … Continue reading

Posted in arrogance, debt, finance, free money | Leave a comment

Two most popular searches that bring outsiders to blog

Well, almost everyone who comes is an outsider. They are: Money bags month and Judge James Klein I feel sure I’ll never be on jury duty in his courtroom. Of course, I’d have to admit to this blog. We shall … Continue reading

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QE2

More graphs at kitco.com. For those of you from Rio Linda, that would be Quantitative Easing.

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21.4% Increase in spending in two years

The Wall Street Journal opines on the recent increase in spending by Congress.  This paragraph is particularly interesting… Once again domestic accounts far and away led the increases. Medicaid rose by 8.7%, and unemployment benefits by an astonishing 34.3%—to … Continue reading

Posted in Boulder is stoopid, free money, stoopid Democrats, you can't make this stuff up | Leave a comment

Silva gotta Fevah

Wowza!  I’m sure most of you are smarter than this, but don’t take investment advice from me! More at kitcosilver.com.

Posted in free money, gold, inflation | Leave a comment

Gold over $1180 and holding

More graphs at Kitco.com.

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Gold almost to $1150/oz

Gold made a run at $1150 in London trading today. More charts and information at kitco.com. If at first you don’t succeed…

Posted in food crisis, free money, gold, inflation | Leave a comment

Wow!

Bill Kristol’s analysis of Obama’s press conference last night on, what else, Obamacare, includes this gem… Obama promised us health care this (that? ed) is at once better and cheaper, with both more regulation and more freedom to choose, featuring … Continue reading

Posted in free money, inflation, ObamaCare, stoopid politicians | Leave a comment