We always enjoyed the Old English Proverb:
Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. Knowledge is the best charity.
This was attributed to Christ, whose followers actually said:
If a man will not work, he shall not [...]
by Rich read the rest at http://www.jubileeprosperity.com/capital-preservation/gold-fever-epic-clash-olympic-titans/
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Washington, Jefferson and Lincoln warned US about our greatest challenge today.
After all, they lived through the war inflation of the Continental and Greenback. Two of them lived to see the depression caused by inflation.
Yet many serious people today still believe hyperinflation will wipe out all debt and clean the slate for reset and rebooting the [...]
by Rich read the rest at http://www.jubileeprosperity.com/capital-preservation/default-deflation-depression-iii-myth-salvation-hyperinflation/
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The hottest places in hell are reserved for those who in times of great moral crises maintain their neutrality
Dante Alligheri, Inferno, The Divine Comedy
The largest 500 stocks, priced in terms of gold, declined since September of 2009, along with the Chinese miracle market since August 2009, which is targeting –14% lower from here.
http://stockcharts.com/charts/gallery.html?s=%24SPX%3A%24GOLD
http://stockcharts.com/charts/gallery.html?$SSEC
Golden [...]
by Rich read the rest at http://www.jubileeprosperity.com/capital-preservation/otc-derivatives-act-ii-perfect-storm/
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Gold adjusted for inflation is half what it was in Jan 1980.
But do we really have inflation?
In response to numerous inquiries from people extremely excited and aroused to action by new highs in gold, if not silver, we write today that gold may not be the security blanket it appears to be during [...]
by Rich read the rest at http://www.jubileeprosperity.com/capital-preservation/bipolar-gold-mercantilist-east-usurious-west-game/
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We were on a date in the 70s at the Rathskeller of Ghiradelli Square by the San Francisco waterfront. An elated gentleman at the bar where we were waiting to be seated offered to buy us a drink. It seems his company had just gone public and he had made very good [...]
by Rich read the rest at http://www.jubileeprosperity.com/capital-preservation/lets-fall-gap-balance-harmony-pay/
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