Thursday, July 03, 2008

Sorry kids no fire works today we need to buy Gasoline

THE EU Fixing to SMACK the Buck yet again as the EU will most likely raise their interest rates making their EURO more appetizing for investors. as they would most likely abandon the BUCK in order to gain a better interest rate in Europe. the battle to the bottom between competing FIAT monies is something very interesting to watch. This should cause Gold and Silver to Gain yet again, as they have been over the last few days as Federal Reserve Notes become more and more obvious as a BAD investment. Lets face it why would you invest in something that has a GUARANTEED LOSS built in every year since it was created? Gold at 950 very soon and Silver at 18.75 minimum? The premiums on online Gold sell companies like KITCO are already selling their Gold Eagles for 996+ and their 5 NINE Canada for over 1000 per ounce.( Not including shipping. Will it last?
OIL is 145+ per barrell and the Dollar index is at almost down to 72 with the EURO looking hard at 160+. Todays trading is going to be a short day so that America can pretend they are free tomorrow, so watch for high volume on the market and posible big swings and gains and Losses..

IN MY OPINION
Gold UP Silver UP inflation UP

JOBS GOING GOING GONE...

Americans "We can always tap into our retirement accounts now that all our home equity is gone and our savings are dried up."

Sorry kids no fire works today we need to buy Gasoline...

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