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Re: HOW ONE iTuliper IS INVESTED?
What to do with money is no clearer this year than last year except that real assets appear to be the place to be, especially gold.
My garage and my jumbo-resawed cedar shake roof is done on my cabin, so now I have a story-book kind of log cabin set-up in British Columbia, and my cash reserves which have earned ZERO have been reduced. It seems to me that this is a reasonable strategy still.
I have a heavy oil, gas, and nuclear emphasis in my stock market investments. Much of my investments are in oil and gas income trusts, so I draw a decent interest rate of return while I wait for oil and gas to go up. These oil and gas trusts are in north-east Alberta in the oil sands, so they are in heavy oil.
The interesting news to-day is that the U.S. economy is now functioning at just 69% of capacity. Apparently, this is a record low, so whatever this economic mess is, it sounds like it is deeper and worse than the Great Depression.... But what do I know?
And one member of the Minneapolis Federal Reserve Bank said that we have averted a severe recession. I guess this guy was trying to put a positive spin on a disaster thanks to the Fed and Bernanke failing to make their Keynsian economics work, even after trillions of dollars of new money injected into the economy.
Another piece of news to-day is that energy stoxx sank, including mine, because energy companies have no market for new energy production--- energy of all types is in surplus supply. This jives with the 69% figure for economic capacity utilization in the U.S, so a massive economic collapse is underway..... Yet, Bernanke, Larry Kudlow on CNBC, and Wall Street keep talking about "green shoots of new growth appearing in the economy".... What are they smoking?
As I said, the future seems no clearer now than one year ago. This appears to be a down-turn that is much worse than the Japanese down-turn and something worse than the down-turn of the Great Depression in the U.S.... And this kind of makes sense because how could Keynsian economics work a miracle now when it never worked any miracles in the 1929-1941 Depression? Keynsian economics failed in Japan in the 1990 down-turn there, as well.
But don't confuse the idiots who run the Fed with the facts of economics and the facts of history. They are educated in Keynsian economics, so inflation is what is going to be. Hence, I sit with my house and my gold and my energy stocks.
What to do with money is no clearer this year than last year except that real assets appear to be the place to be, especially gold.
My garage and my jumbo-resawed cedar shake roof is done on my cabin, so now I have a story-book kind of log cabin set-up in British Columbia, and my cash reserves which have earned ZERO have been reduced. It seems to me that this is a reasonable strategy still.
I have a heavy oil, gas, and nuclear emphasis in my stock market investments. Much of my investments are in oil and gas income trusts, so I draw a decent interest rate of return while I wait for oil and gas to go up. These oil and gas trusts are in north-east Alberta in the oil sands, so they are in heavy oil.
The interesting news to-day is that the U.S. economy is now functioning at just 69% of capacity. Apparently, this is a record low, so whatever this economic mess is, it sounds like it is deeper and worse than the Great Depression.... But what do I know?
And one member of the Minneapolis Federal Reserve Bank said that we have averted a severe recession. I guess this guy was trying to put a positive spin on a disaster thanks to the Fed and Bernanke failing to make their Keynsian economics work, even after trillions of dollars of new money injected into the economy.
Another piece of news to-day is that energy stoxx sank, including mine, because energy companies have no market for new energy production--- energy of all types is in surplus supply. This jives with the 69% figure for economic capacity utilization in the U.S, so a massive economic collapse is underway..... Yet, Bernanke, Larry Kudlow on CNBC, and Wall Street keep talking about "green shoots of new growth appearing in the economy".... What are they smoking?
As I said, the future seems no clearer now than one year ago. This appears to be a down-turn that is much worse than the Japanese down-turn and something worse than the down-turn of the Great Depression in the U.S.... And this kind of makes sense because how could Keynsian economics work a miracle now when it never worked any miracles in the 1929-1941 Depression? Keynsian economics failed in Japan in the 1990 down-turn there, as well.
But don't confuse the idiots who run the Fed with the facts of economics and the facts of history. They are educated in Keynsian economics, so inflation is what is going to be. Hence, I sit with my house and my gold and my energy stocks.
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