Tag Archives: store of value

Why Did the Dow Hit 25,000?

Intersection of Broadway and Wall Street. Why does the Dow keep rising no matter who's in power? Money supply.

A few days ago, the Dow Jones Industrial Average hit 25,000, setting a new all-time record high for the U.S. stock market. As they are wont to do, the experts are speculating and opining as to what it all means. Some think this is good news, some think it’s bad, some believe it can continue, some believe it’s the boom before the bust.

The Invention

PGA and politicians take note! And everyone else, consider taking out some insurance.

Once upon a time, a long time ago, it was an unusually dark night amongst many dark nights.  There had been continuous days of rain and wind and no daytime sun to help dry out the stores of firewood and kindling that the clan’s people needed for cooking and staying warm.  Only a few had had the insight to gather extra material.  Only those few were at this hour bathed in an amber red glow of warmth, shielded from yet another evening of bone chilling dampness, hunger and uncertainty.

Fools at the table: reality check

Gold coins. Will gold and silver coin replace paper money soon?

Now the Republican Presidential candidates begin crawling out from the progressive shadows and into the Conservative sunlight. If our country were not in such dire straights, their maneuvering and kowtowing, their side-stepping of third-rail issues, and their fear of the racist card being dealt, would make a show as entertaining as any big money Texas Holdem’ Tournament.  ​But it is, so it’s not.

Work is a wonderful thing

What would Mark Twain think of a society that devalues work?

The second book of three projected volumes of Mark Twain’s autobiography was published October 5, 2013. In his characteristic blend of humor and reprove, Twain wrote, “Any man who is satisfied to be fed by another man rather than by the honest sweat of his own brow should be shot.” Twain recollects, without exception, those he helped did not appreciate his help, never paid back money loaned, and did not change their debased behavior.

DOW, deception – and danger ahead

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.

For those who have been paying attention, the DOW has had over 50 new highs this year.  Sounds great, right?

Quantitative easing: dream and nightmare

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.

We have heard all the terms and all the phrases such as Quantitative Easing, or Monetizing Debt and just plain QE4 (or whatever number they are currently up to).  But how many people, even those in Congress, Wall Street and the banking industry, those who benefit the most from this destructive charade, understand just what it is and how it’s actually pulled off?

Bernanke sets up a crash

Don’t let that nice, comfortable grandfatherly look on Mr. Bernanke’s face fool you. He is as evil and destructive as George Soros and all the anti-American projects he funds. For those of us who have religious backgrounds the words “Father, forgive them for they know not what they do” can soften our hearts for those that have done wrong in an attempt to do right.

Fiscal Cliff: What Color Is Your Hang Glider?

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.

America will go over the fiscal cliff. Putative President Barack Hussein Obama decided that yesterday. He sent out a (literally) ridiculous plan that would be worse even than the “sequester.” This, after he shot back to Mitt Romney that “it won’t happen.” If Republicans have any courage at all, they will walk away from this. Let the “sequester” play out. In fact, in moral terms they may do nothing else.

Gold and silver: thumbs down on Obama

Gold coins. Will gold and silver coin replace paper money soon?

The gold, silver, and stock markets weighed Barack Obama in the balances this week and found him lacking. Even the cold, hard professionals now agree: Barack Obama destroys value. Only gold and silver can save it now.

Credit rating: another US downgrade

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.

A credit rating agency that no one notices, downgraded US treasury securities again. They had already downgraded American bonds to AA. The new rating is AA-, the lowest rating that the American public debt has ever carried.