Bask in the love of King Jesus - Buying Opportunities - BULM - Miners - Currencies
"But in all these things we overwhelmingly conquer through Him who loved us. For I am convinced that neither death, nor life, nor angels, nor principalities, nor things present, nor things to come, nor powers, nor height, nor depth, nor any other created thing, will be able to separate us from the love of God, which is in Christ Jesus our Lord." (Rom. 8:37-39)
These are wonderfully welcomed words of encouragement to God's people as we go out into the world in obedience to King Jesus. He, Who is always with us, created us, strengthens us, sustains us, and from Whose love we can never be separated. Let us live in obedience to Him and go out and obey the Dominion Covenant of Genesis. These are our marching orders.
From Reuters:
World Bank taps offshore yuan bond market for first time.
The World Bank issued its first yuan-denominated bond, raising $76 million and trying to promote the use of the Chinese currency in international markets at a time when China's stake in the institution is about to increase. I believe, as others, that China's intent is to have greatly increasing influence in international markets and have its Renmimbi more widely recognized until it replaces the dollar. HERE.
From Bloomberg:
Fed May Keep Easing at `Full Throttle' Until Jobless Rate Falls
Federal Reserve officials signaled they’ll probably push ahead with unprecedented stimulus until the recovery strengthens and many of the 15 million unemployed Americans find work.
The jobless rate hasn’t fallen below 9.4 percent since May 2009 and will probably average that figure this year, according to a Bloomberg News survey of economists. Thus, as we strongly suspect, the Fed will continue to bash the dollar in spite of the strong dollar rhetoric. HERE.
From Mine Web:
China's nuclear reprocessing breakthrough may greatly reduce future uranium imports
China's pilot nuclear reprocessing project could extend the life of the nation's domestic uranium reserves by thousands of years if it becomes commercially viable, the nation's state media reports. China moves forward in the nuclear area, too. HERE.
From Mine Web:
Gold stocks: danger as they heave
As investors look again at the sector and speculators continue to look for the next Red Back, there are fundamental changes afoot in the global listed gold sector. An interesting commentary on the movement of prices for some miners. HERE.
More on housing bubble from Town Hall:
Thomas Sowell
'Saving' the Housing Market
"Housing Market Setback Forecast," the newspaper headline said. A recently released report on housing says that home sales are down more than 25 percent and the inventory of unsold homes is about 50 percent higher than it was the same time last year. More evidence that the economy has not begun to boom, possibly, not even started a recovery. HERE.
Froom Town Hall:
Walter E. Williams
True or False
So many statements we accept as true, plausible or beyond question; but are they? Let's look at a couple of important ones: global warming and U.S. manufacturing decline. How often are we misled by the elite as false ideas are jumped on by the politically correctness of our government and brain-washed society. Read it HERE.
An article which follows Williams article to a "T" from Mine Web:
Gold and Silver - Enemies of the U.S. Fed
The U.S. Fed has a major interest in talking the economy up and gold and silver down. Don't be fooled. How true! HERE.
This graph indicates that the correction continues. The dollar strength is coming primarily from a perception that the Euro is in serious trouble. The perception ignores the significant financial problems in our domestic state and municipal areas. These debt are more dangerous than that of the PIIGS in Europe.
Let's turn to silver and see the increase in volatility. By the way, I have neglected to mention the junk silver in some time. Junk silver is available in 1/2 and full bags of pre-1965 US silver dimes and quarters. A full bag has approximately 720 ounces of silver and a face value of $1,000. This is very likely the least expensive way to buy silver, as the premium is much less than that of the silver eagles and other silver coins. When I buy, I always shop around to get the best price.
OOPS! the word interest in my comments on the graph is mis-spelled. Please, forgive the error.
Best to each, Doug
These are wonderfully welcomed words of encouragement to God's people as we go out into the world in obedience to King Jesus. He, Who is always with us, created us, strengthens us, sustains us, and from Whose love we can never be separated. Let us live in obedience to Him and go out and obey the Dominion Covenant of Genesis. These are our marching orders.
From Reuters:
World Bank taps offshore yuan bond market for first time.
The World Bank issued its first yuan-denominated bond, raising $76 million and trying to promote the use of the Chinese currency in international markets at a time when China's stake in the institution is about to increase. I believe, as others, that China's intent is to have greatly increasing influence in international markets and have its Renmimbi more widely recognized until it replaces the dollar. HERE.
From Bloomberg:
Fed May Keep Easing at `Full Throttle' Until Jobless Rate Falls
Federal Reserve officials signaled they’ll probably push ahead with unprecedented stimulus until the recovery strengthens and many of the 15 million unemployed Americans find work.
The jobless rate hasn’t fallen below 9.4 percent since May 2009 and will probably average that figure this year, according to a Bloomberg News survey of economists. Thus, as we strongly suspect, the Fed will continue to bash the dollar in spite of the strong dollar rhetoric. HERE.
From Mine Web:
China's nuclear reprocessing breakthrough may greatly reduce future uranium imports
China's pilot nuclear reprocessing project could extend the life of the nation's domestic uranium reserves by thousands of years if it becomes commercially viable, the nation's state media reports. China moves forward in the nuclear area, too. HERE.
From Mine Web:
Gold stocks: danger as they heave
As investors look again at the sector and speculators continue to look for the next Red Back, there are fundamental changes afoot in the global listed gold sector. An interesting commentary on the movement of prices for some miners. HERE.
More on housing bubble from Town Hall:
Thomas Sowell
'Saving' the Housing Market
"Housing Market Setback Forecast," the newspaper headline said. A recently released report on housing says that home sales are down more than 25 percent and the inventory of unsold homes is about 50 percent higher than it was the same time last year. More evidence that the economy has not begun to boom, possibly, not even started a recovery. HERE.
Froom Town Hall:
Walter E. Williams
True or False
So many statements we accept as true, plausible or beyond question; but are they? Let's look at a couple of important ones: global warming and U.S. manufacturing decline. How often are we misled by the elite as false ideas are jumped on by the politically correctness of our government and brain-washed society. Read it HERE.
An article which follows Williams article to a "T" from Mine Web:
Gold and Silver - Enemies of the U.S. Fed
The U.S. Fed has a major interest in talking the economy up and gold and silver down. Don't be fooled. How true! HERE.
Gold is more attractive at these lower levels. Let's take a closer look using GLD as a proxy for gold.
This graph indicates that the correction continues. The dollar strength is coming primarily from a perception that the Euro is in serious trouble. The perception ignores the significant financial problems in our domestic state and municipal areas. These debt are more dangerous than that of the PIIGS in Europe.
Here is a look at one of my core holdings which is becoming very attractive to me. I may be buying this soon. You look and make up your own mind on all investment decisions, because you are the one most interested in your investments and are the one with first hand knowledge of your resources, current investments, and risk tolerance. I would not presume to advise you, but simply report my actions and thoughts on markets and life.
OOPS! the word interest in my comments on the graph is mis-spelled. Please, forgive the error.
The miners from Scottrade:
The Currencies from KitCo: The Austrian Dollar has dropped slightly below parity with the US.
Some Prices: FVITF 4.60; OLVRF 1.4039; SILA 0.31; HHWW 1.72; BULM 1.06; TBT 38.37 (LT Bonds are down a bit - Of course, the Fed is monetizing the Treasury auctions since China and others have slowed the buying.); DOW is off 2+ to 11689.21; SPXHL is nearing 10 and it has held above 11 until the last down turn and has always sprung back very rapidly. Interesting.
posted by Doug @ 10:04 AM
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