Trump for President?? - CEF - Closer Looks at Gold, Silver, and the Dollar
One should examine the candidates and find one who is Christian and who will apply God's Law-Word to himself and in the exercise of the office. This should be the primary factor in any decision to vole for any magistrate. Without these pre-requisites, we will continue to have politicians and never have statesmen. Do not vote for the lessor of two evils, because that always gives us an evil official.
Study the Bible to find what God demands of each of us and elected officials. King Jesus is in control and may just go ahead and give us what we deserve. Be very careful to follow His way in all of life including how we vote.
Town Hall: The Donald: Doing the Job the Media Won't Do
Larry Elder:
Donald Trump isn't going to run for president. He is rich, enjoys himself, says bold and often stupid things, trades his wife in for a younger model every few years, and calls Rosie O'Donnell a "big fat pig." What's not to like? HERE
Town Hall: No Trump by Cal Thomas
In bridge, a trump card is held in reserve for winning a trick. In politics, Donald Trump is anything but reserved and appears to think he might trick enough voters to win the next presidential election.
There's plenty to draw on when critiquing a possible Trump candidacy. His multiple marriages (three) and affairs provide fodder for the media and contrast poorly with President Obama's "family values" image as husband of one wife and father of young daughters, whom he clearly loves. HERE.
Bloomberg:Kotlikoff Forecasts `Bond Market Crash' on Federal Debt: Video HERE.
Mine Web:
Gold to rise to $1,700 by 2015 but momentum is slowing
Analysts say that the yellow metal's mammoth run could continue for the next four years but the rise would come at a slower pace as economic conditions normalize. First, I don't see the economic conditions normalizing. The S&P warning about the U.S. debt potential downgrade was an official recognition of the true state of the nation's financial condition. Virtually all of our "growth" has been due to stimuli wave of cash from the Fed. This will end, temporarily in June with the demise of QE II. Also, I will suggest that we are very likely to see $1700 gold by the end of this year or next. The article is an interesting read. HERE.
Mine Web:
Have gold stocks lost their premium rating?
Large cap gold stocks will continue to move with the gold price as it heads higher but, the significant premiums that investors attached to the companies are getting smaller and smaller. Notice that this covers the large cap stocks. I have preferred the smaller cap miners, because they will react more radically to the increase in the price of the metals offering great leverage as the prices rise. HERE.
Mine Web:
Allocated and unallocated gold. Can a U.S. investor hold gold securely?
The various options for a U.S. investor to hold gold are discussed in the light of the University of Texas' decision to replace its ‘paper' gold with bullion. This needs to be discussed and assessed accurately. I tend to trust the Canadian Trust (CEF) more than to rely upon the others which are more popular. It has the additional advantage of holding both silver and gold. I also use EverBank's metals select accounts and GoldMoney. HERE.
Resource Investor:
Watershed Event for US
The federal deficit this year is a record $1.6 trillion – a number that requires the government to borrow 43 cents out of every dollar it spends. The US government's total debt will mushroom from $14.2 trillion now to almost $21 trillion by 2016.
Obama’s projected $1.6 trillion deficit for the current year would be the highest dollar amount ever. It represents 10.8% of the total economy, the highest level since 1945 when the deficit was 21.5% of GDP and reflected heavy borrowing to fight the World War II. HERE.
Let's look at Gold, Silver, and the US Dollar. Each one must ask himself which he would prefer to be holding next year or five years from now.
Best to each, Doug
Study the Bible to find what God demands of each of us and elected officials. King Jesus is in control and may just go ahead and give us what we deserve. Be very careful to follow His way in all of life including how we vote.
Town Hall: The Donald: Doing the Job the Media Won't Do
Larry Elder:
Donald Trump isn't going to run for president. He is rich, enjoys himself, says bold and often stupid things, trades his wife in for a younger model every few years, and calls Rosie O'Donnell a "big fat pig." What's not to like? HERE
Town Hall: No Trump by Cal Thomas
In bridge, a trump card is held in reserve for winning a trick. In politics, Donald Trump is anything but reserved and appears to think he might trick enough voters to win the next presidential election.
There's plenty to draw on when critiquing a possible Trump candidacy. His multiple marriages (three) and affairs provide fodder for the media and contrast poorly with President Obama's "family values" image as husband of one wife and father of young daughters, whom he clearly loves. HERE.
Bloomberg:
Mine Web:
Gold to rise to $1,700 by 2015 but momentum is slowing
Analysts say that the yellow metal's mammoth run could continue for the next four years but the rise would come at a slower pace as economic conditions normalize. First, I don't see the economic conditions normalizing. The S&P warning about the U.S. debt potential downgrade was an official recognition of the true state of the nation's financial condition. Virtually all of our "growth" has been due to stimuli wave of cash from the Fed. This will end, temporarily in June with the demise of QE II. Also, I will suggest that we are very likely to see $1700 gold by the end of this year or next. The article is an interesting read. HERE.
Mine Web:
Have gold stocks lost their premium rating?
Large cap gold stocks will continue to move with the gold price as it heads higher but, the significant premiums that investors attached to the companies are getting smaller and smaller. Notice that this covers the large cap stocks. I have preferred the smaller cap miners, because they will react more radically to the increase in the price of the metals offering great leverage as the prices rise. HERE.
Mine Web:
Allocated and unallocated gold. Can a U.S. investor hold gold securely?
The various options for a U.S. investor to hold gold are discussed in the light of the University of Texas' decision to replace its ‘paper' gold with bullion. This needs to be discussed and assessed accurately. I tend to trust the Canadian Trust (CEF) more than to rely upon the others which are more popular. It has the additional advantage of holding both silver and gold. I also use EverBank's metals select accounts and GoldMoney. HERE.
Resource Investor:
Watershed Event for US
The federal deficit this year is a record $1.6 trillion – a number that requires the government to borrow 43 cents out of every dollar it spends. The US government's total debt will mushroom from $14.2 trillion now to almost $21 trillion by 2016.
Obama’s projected $1.6 trillion deficit for the current year would be the highest dollar amount ever. It represents 10.8% of the total economy, the highest level since 1945 when the deficit was 21.5% of GDP and reflected heavy borrowing to fight the World War II. HERE.
Let's look at Gold, Silver, and the US Dollar. Each one must ask himself which he would prefer to be holding next year or five years from now.
Miners from Scottrade:
Currencies from KitCo:
Some Prices: FVITF 6.28; OLVRF 2.0015; BYDDF 3.85; TBT 36.3519 (LT Bonds up a bit); DOW up 10+ to 12464.44; SPX up almost 4 to 1334.32; Gold down 0.20 to 1501.80; Silver up 0.59
to 45.82.
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