Digital Gold Money

The strange thing about the “Financial Industry Bailout Plan” is I can’t find a copy of it on the internet. Can’t believe it, not even on the Senate’s own website. But I did hear that none of it will be subject to judicial review. Funking Fascism Don’t cha think?

What a crazy world we live in. Yesterday, gold staged it’s largest rise in history (11%). Gold rose as high as $920 USD per ounce. Then about 14:30 eastern time, gold crashed and stocks rallied. Stocks ended with a big up swing and the US dollar index rose 11 basis points to 78.24.
So what [...]

The Comrades at the glorious “Soviet Central Bank”, wait, wait, I mean the “Federal Reserve” have decided that what we all need is to keep interest rates flat. What a glorious display of cowardice. Meanwhile add Washington Mutual S&L to the list of potential corpses, alongside Lehman Brothers, AIG, and Merrill Lynch.
Very slow delivery [...]

How does foreign policy affect gas prices? One important factor is that since 1973 all oil has primarily been bought and sold using US dollars. Only two leaders have gone against this arrangement - Saddam Hussein in 2000 and more recently Mahmoud Ahmadinejad. Another major factor is US military intervention in foreign affairs. International conflicts [...]

On this day in 1989 Hungary gave permission for thousands of East German refugees to emigrate to West Germany. With the opening of those floodgates, Communist hold on Europe began to falter. As far as I can see, socialism, communism and fascism are the strongest evidence for the fallen nature of man, whether you call [...]

Here’s a great opportunity to learn about trading currency and precious metals without the risk of losing money. You can get a free practice account to get your feet wet and learn the ropes. It’s actually really fun and can be exremely lucrative for those of you who can perfect the craft. Check it out [...]