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I don't understand what the protests are able to accomplish. Standing in the street with a sign in your hand doesn't take a nickle out of the elite's pockets. They are probably laughing. The time and place to effectively protest is at the voting booth in November 2013. Vote out ALL incumbents. Every one of them.
did you know that the FED is the only for-profit corporation in America that is exempt from both federal and state taxes? The FED takes in about one trillion dollars per year tax free! The banking families listed above get all that money.
I support Occupy Wall St and Occupy the Fed. To me, Wall St. and the Fed are almost one in the same, at this point in the game they both depend on each other to prop up our crooked, corrupt, failing, broken system. Let's end the fed and get money out of politics. Let's clean up our government and political system so that it no longer is beholden only to the banks and powerful special interests, but it is beholden to the 99% of us who can't afford lobbyists or afford to have a Congressman or two in our back pocket.
I don't understand what the protests are able to accomplish. Standing in the street with a sign in your hand doesn't take a nickle out of the elite's pockets. They are probably laughing. The time and place to effectively protest is at the voting booth in November 2013. Vote out ALL incumbents. Every one of them.
Well if they wait until 2013 to go to voting booth it's too late.
I don't understand what the protests are able to accomplish. Standing in the street with a sign in your hand doesn't take a nickle out of the elite's pockets. They are probably laughing. The time and place to effectively protest is at the voting booth in November 2013. Vote out ALL incumbents. Every one of them.
Gold, during the same period was 32% and Silver 42% prior to the manipulation over the past 8 weeks, pushing those numbers down, but still having Gold at 22% and Silver at 31.5%.
Of course, between Jan 1 2011 and May 2011 Silver (4 month) produced a gain of 53%.
Gold, during the same period was 32% and Silver 42% prior to the manipulation over the past 8 weeks, pushing those numbers down, but still having Gold at 22% and Silver at 31.5%.
Of course, between Jan 1 2011 and May 2011 Silver (4 month) produced a gain of 53%.
What does the price of gold and silver have to do with Gary Shilling, David Rosenberg, or any of those other guys? What does the price of gold or silver have to do with the article you just posted about Shilling? You're tilting at windmills here. You don't even have their arguments straight anyway -- Rosenberg said in 2009 that he expected gold would eventually rise to $3000/oz. Rosenberg has been calling this financial crisis for years, saying we'd have a deflationary spiral where gold would spike in value, and that is EXACTLY what has happened.
But even still, your numbers aren't an apples to apples comparison. I have no idea what the relevance of 1/1/2011-5/1/2011 is, I guess you cherrypicked those date so you could rebut an argument that no one made. Gold is up 17.71% since that article, and silver is up 11.19%; both have underperformed against TLT.
Quote:
Sounds like Bond ETFers MISSED IT.
LOL by gaining 23% and outperforming gold and silver? you have de-railed.
I suspect the job of the Federal Reserve is currency manipulation... like China... Suppose we didn't have the Federal Reserve... for every $1 you own it would now be $100... everyone will be filthy rich, right? No... everything would also increase in price EXCEPT foreign currency who keeps their currency low... that means instead of costing 10X as cheap in China now, it would be 1000X cheaper in China... so the Federal Reserve, decreases the value of the dollar so that other foreign countries don't a currency advantage over the US... this is my suspicion...
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