Our New Market Close (What a day to start, huh!)
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Irwin,
Of Course!!…That is all we can do……AGAIN, it comes down to trust. As in, my fellow “Korelinites”, what do you trust with YOUR HARD EARNED (fiat) MONEY? Irresponsible gov’t debt, (treasuries, bonds); debt-ridden municipalities (muni bonds) or crazy-stock and dividend paying companies that you have no idea where they are going in this FAST-CHANGING economic malaise we are in: NOPE….gold and silver are going to be the “last man standing” in this world: The question now is: Can you (I) hang on? That is my MAIN focus.
Marc
BTW, the above comment is only IMHO.
I think that we can all hang on, Marc!
But, let’s be sensible!!
Big Al
Good point, Irwin,
But you never know what is around the corner.
Stay informed and stay nimble!
Big Al
Yes, Big Al, as in diversification (sensible)….yes, I agree based on what makes sense and what I can sleep with at nite.
Marc
What to do, try watching some of the old 3 Stooges shorts, one I like is called “Men in Black”, it takes place in a hospital, WOO, WOO, WOO, Moe, Larry, Larry, Moe………LOOK!!!!!!!!! WOOOOOO, WOOOOOO, WOOOOOOO. DT
Thanks for the link.
We are in a ferry boat line waiting to go to Lopez Island and I just read it.
Best,
Big Al
The destruction to the US economy keeps adding up from the storm, 300,000 homes estimated will be destroyed and 90 billion $’s in damages so far; Ben will be very busy running the presses, I can see a Black Swan on the horizon. DT
Fiscal responsibility should always be at the top of everyones agenda because you just never know. This is shaping up to be the start of the Greater Depression. DT
Fiscal responsibility is critically important, Machine Gun.
Did you see fiscal responsibility in the Bush Administration and do you see it in the actions of the current administration?
Big Al
Destruction – and reconstruction – is business, and business is good.
Clive Maund is calling for gold to test the lows of May around $1530.
http://www.clivemaund.com/gmu.php?art_id=68&date=2012-10-29
Today’s “Casey Daily Dispatch” is titled “Time to Pull the Lever – On Gold”.
What to do, what to do?
Just keep accumulating … but that’s just me.