It was an interesting psychological phenomenon when I read where Michael Kosares of USAGold.com wrote, “Private citizen, Alan Greenspan, could afford to be blunt,� but I interpreted it in my Mysterious Mogambo Mind (MMM) to mean, “Private citizen, Alan Greenspan, should be afforded a blunt instrument applied with extreme prejudice to his stupid head, over and over, as he is the moron that, as chairman of the Federal Reserve from 1987-2006, created all the money and credit to finance the now-busting booms in stocks, booms in bonds, booms in houses, booms in derivatives, and booms in the size and cost of governments, and if there is one sorry, worthless bastard who can be singled out as guilty, guilty, guilty, it is Alan Greenspan.�
[Read more...]Investing in Gold: Finding Comfort in the Economic Downturn
August 25, 2010 By Leave a Comment
Most of the time, I am so freaked out that I spend most of the day in the Mogambo Bunker Of Paralyzing Fear (MBOPF), scared out of my mind at catastrophic ramifications of the economic stupidities that are being foisted upon us, like, for instance, increasing taxes in a recession! Gaaahhhhhh!
And then people ask mem, “Why are you screaming your head off in fear, you irritating little moron?� Naturally, I answer, with a voice tinged in scorn and loathing, “Because taxes are being raised in a recession, and so screaming in fear and outrage is the only appropriate public response, while buying gold, silver and oil is the only appropriate private response. So, ha! Who's the moron NOW, you moron?�
[Read more...]Investing in Gold: Finding Comfort in the Economic Downturn
August 25, 2010 By Leave a Comment
Most of the time, I am so freaked out that I spend most of the day in the Mogambo Bunker Of Paralyzing Fear (MBOPF), scared out of my mind at catastrophic ramifications of the economic stupidities that are being foisted upon us, like, for instance, increasing taxes in a recession! Gaaahhhhhh!
And then people ask me, “Why are you screaming your head off in fear, you irritating little moron?� Naturally, I answer, with a voice tinged in scorn and loathing, “Because taxes are being raised in a recession, and so screaming in fear and outrage is the only appropriate public response, while buying gold, silver and oil is the only appropriate private response. So, ha! Who's the moron NOW, you moron?�
[Read more...]Government Desperate. Gold Tax Imminent?
June 3, 2010 By Leave a Comment
To show you how things get around, I get this from Ed Steer’s Gold & Silver Daily, which linked to an essay by Adrian Ash, at bullionvault.com, posted over at safehaven.com, and bearing the title “Gold Gets All Political.”
[Read more...]Inflation: The Economic Factor that Never Stops
March 2, 2010 By Leave a Comment
I am a guy who thinks that such huge explosions in money supplies around the world and the explosions in government deficit-spending around the world will lead to catastrophic explosions in inflation in prices, probably around the world.
I am also a guy who thinks that inflation in prices is the Thing Most Feared (TMF) in the whole world in terms of total sheer misery and suffering, judging by the entire last 4,500 years of history, except for, maybe, the plague.
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Burning the Economic Toast
Even though I have been drinking so that my speech is slurred after testing some crazy idea that I could drink away my utter horror at the death and dying of the US dollar and economy, history is, on the other hand, being made crystal clear that when a country is so idiotic as to ignore its own Constitutional requirement that money be only made of silver and gold (so as to prevent its over-issuance and thus prevent inflation, The Worst Of All Evils (TWOAE)), and then to compound that stupidity and perfidy by unbelievable over-production of the ridiculously-preferred fiat currency by the foul Federal Reserve mindlessly printing too, too much of it, for too, too long, distorting the economy into an ugly, cancerous, government-centric abomination, that country and its currency are soon toast, which is an unfortunate metaphor because I like toast.
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