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Been recouping my 2000 IRA losses in the Nasdaq in precious metals the last seven years. U.S. banks are in currently in some trouble. This could be the start of the second great Federal Reserve created disaster that the Fed purportedly was designed to avoid. Like the Titanic, the Fed was designed to make our dollar unsinkable. Snort!
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xml
When Bill Gross, CEO of PIMCO, the largest manager of bond funds in the world says, you ignore it at your peril. Hey, ignore him. He’s probably just some wacko Paulite.
http://www.jpost.com/servlet/Satellite?pagename=JPost%2FJPArticle%2FShowFull&cid=1196847394459
Time to start balancing risk.
http://www.kitcocasey.com/displayArticle.php?id=1770
It took WAMU 30 minutes to scrape together the $5,000. At first, they said they might not have that much on hand. If I want more than $5,000 I’ll have to ask ahead of time and make an appointment to get it.
Got to go look for a Krugerrand or American Eagle dealer.
