Oldtent Archives 2007 - 2008

must believe the gold shares are going to take a beating, very soon!

“Please, get the hell off margin tomorrow!”

Is he looking for a total market crash and the gold shares are going to get blown out also?

http://tinyurl.com/2at6sw

draw a line on a chart….call it resistence….sell…..and get left behind……SPIT!

Gold is “overbought”…….NO!…..it’s on sale in todays fiat dollars……

$1000 an ounce in the shake of a gnats ASS……

The Nickel flippin…eggtimers….mentality of….I can make more trading the whole Enchilada…..

BURMA-SHAVE

BURMA-SHAVE!

“and the TA amateur junkies are going to get creamed.”

 I think??…I heard somewhere…that…some great “Daytrader” lost most or ALL of his re-tireMENT money…..”day-tradin”

and to think He used to have the Ment financial teacher posting on his board……

How many times must one hear great wisdom of …..buy a basket 

“BUY 1/3 on weakness sell 1/3 on strength”,,

and hold a core position…….SPIT!…

 Get on The Bull & Ride it!!!

out for a latte & taco….

Course all farmers are packin, just cause. Now them hoards would be better hittin my corn patch over ole Farmboy. My .22 plinkin ain’t got quite the WHUMP of an AK, Duck and Cover, mm

JIM ROGERS: Oh no, of course he is. I mean he’s laid the foundation for the demise of the Federal Reserve. Between Greenspan and Bernanke, we may see the Federal Reserve fail. We’ve had three central banks in America. The first two failed. This one’s going to fail too. I mean if you really – we could spend a whole program, a whole year of programs, reading quotes from Greenspan and you would realize what a fool he’s been.

In my book, “Investment Biker,” I wrote that the man was a fool. I’ve been on TV many times talking about, oh, he just sat and watched CNBC and repeated it and said, “This is the way the world is.” He never got it right, Lindsay. What was so astonishing to me was that his PR machine made some people think he was a smart guy. He never got it right in his entire investing career. I could go back over many of his failures too, but let’s go on with the program.

RESOURCE INVESTOR: Yeah, let’s do. But briefly, before we leave the subject, do you think that Bernanke is just going to become another Greenspan?

JIM ROGERS: He’s worse. All he knows is to print money. His whole intellectual career has been spent studying the printing of money. America’s now given him the printing presses and all he knows to do it to run them. He doesn’t know about markets. He doesn’t know about foreign currencies. We know now he doesn’t even know about economics. I mean, he’s got a PhD in economics and he was a professor of economics, but he doesn’t have a clue about economics.

I will quote you – I hate to quote you, but one more time - I was watching him testify before congress and I almost fell out of my chair. He said under oath, so we presume he wasn’t lying, that he was just a fool, he said if an American only buys American products, it does not matter to him if the value of the U.S. dollar goes down. He will not be affected. I was looking at the man to see if he was lying, giving government propaganda, but then I could see he didn’t even really understand.

He didn’t understand if, you know, even if say I’m an American, Lindsay, and I only buy American tires. Well if the price of foreign tires goes up, obviously the price of American tires are going to go up too. Plus, if the dollar goes down, the price of rubber’s going to go higher, etcetera, etcetera, etcetera.

So the man doesn’t even understand economics. He’s going to print money. He’s going to throw money out the window. The dollar’s going to go down further and further and further. Inflation’s going to get worse and worse and worse throughout the world – the world, not just America - and we’re going to have a worse recession in the end.

http://www.resourceinvestor.com/pebble.asp?relid=39907       

forget the holsteins if you want butterfat. the jersey will produce far more. one important factor is the feed supplement. dairy cows need soybean, or cottonseed meal. we may have to raise our own soybeans and alfalfa hay. i guess pat will be doing the milking and churning?

son gets home in a few days. we will crank up the prototype soon, i hope.

rno

And the reason for the spring price shocks? Analysts say it’s linked to a shortage of alkylate, a little-known and expensive gasoline additive that some in the industry are calling “liquid gold.” It has become a must-have ingredient since refiners stopped using MTBE two years ago when the potentially cancer-causing additive was found to be seeping into ground water.

The alkylate shortage has become the most important driver of summer gas prices, said Doug Leggate, an analyst at Citigroup Global Markets. “Supply of (alkylate) will set the price of summer gasoline — not inventory levels,” he said.

Oil companies deny they are purposely limiting production of alkylate, which like gasoline, jet fuel and asphalt is a byproduct of the oil refining process. But only recently have some started studying how they can boost output, and alkylate prices today are more than 15 percent higher than spot gasoline prices. That means overall costs will jump when it is added in larger quantities to summer-blend fuel.

http://tinyurl.com/25kq4z

Tricom crisis hits shares

AN unprecedented regulatory crackdown on stockbroker Tricom - one of the nation’s biggest margin lenders - has stripped investor confidence in the share market and sent stocks into another steep descent

So WHY are you sitting still like a bump on a log waiting to get killed financially, because “This Is It!”

Please, get the hell off margin tomorrow!
Order delivery of all your share certificates regardless of if your position is 2 shares or 20,000,000 shares. Do it tomorrow!
The Asian markets really do not like this newest development. In some cases Asian markets are taking a real pounding TONIGHT on this issue.

More credit scares might just infect all markets everywhere at anytime now.

Are you going to take no action and stick your head in the sand as someone else financially sticks you in the other end? j.s.

I was pleased to see Dr. Paul take a more aggressive initiative to be heard.

What he stated was to the heart of the problem…sadly, the sheep are clueless as to the content and importance of what he brought forth.

At least it was stated on the monster media…that is progress.  

Tonight’s Republican debate was a disgrace.

I had many older German friends that lived through both the 1st and 2nd world wars and what they remembered most. The hyperinflation of the early 20s was the response, a surprize to me. They had a knowledge of reality and what it was truely like, today’s american citizens do not have a clue. What is coming is far different then the stagflation of the 70’s, that was easy!

Mr Paul hit home runs tonight, but people like to quibble over how specifically they supported a war. and this is what interested the press the most. incredible!

Fired up Max!

http://finance.yahoo.com/intlindices?e=asia

In Defense of the Darkest Horse: Why Christians Need to Discover Dr. Ron Paul

On January 20, 2009, someone will take the podium on the steps of the U.S. Capitol, place their left hand on the Bible, raise their right hand, and swear to uphold and defend the Constitution of our nation as its next president. However, the Constitution is so seldom upheld or defended now that the oath of office seems a hollow formality.

For too many years, Christians seeking to vote for the presidency according to scriptural principles have been consigned to opt for a lesser evil in lieu of a candidate who would combine a reverence for God’s gift of life with sensible policies designed to manage the country well.

In 2008, however, believers have a window of opportunity to put their support behind a man whose ideas are as tried and true as his commitment to them. Dr. Ron Paul, an obstetrician and 10-term Republican congressman from southeast Texas, has been standing firm on the principles of life, liberty, and limited government throughout his career. Paul has been the surprise of this election cycle, setting fundraising records and finishing ahead of such better known candidates as former NY Mayor Rudy Giuliani and even AZ Senator John McCain in several of the early primaries and caucuses. Even conservative columnist Cal Thomas said on his website on January 17 that “the only [candidate] behaving like a real Republican is Ron Paul.”

Perhaps the most amazing thing about Paul’s campaign is the fact that he is not backed by corporate financing or any of the “powers that be” in the national media. Nearly all of his success is attributed to grassroots volunteers who have embraced his message of freedom and carried the torch with fervor.

So, why should a Christian vote for Paul? What makes him the best choice to lead our country? I’d like to offer six reasons that he stands out from the field.

1) Paul’s commitment to limiting the size and scope of the federal government would help preserve our freedom to worship and live out our faith in this country. Some believers have criticized him because he would not use federal power to promote some causes we stand for. Paul wisely understands, however, that giving the government powers to favor a cause inevitably backfires when someone who holds different views takes office and uses the power you created against you. He also supports the constitutional position that all matters of personal morality are under the jurisdiction of the states.

2) Paul is a fierce opponent of abortion. As a medical doctor who has delivered over 4,000 babies during his career, he has tremendous respect for human life and has said that he never encountered a situation in which abortion would be a medical necessity. Whereas many politicians claim to be pro-life, Paul has taken direct action in Congress to stop the murder of America’s children. He authored House Resolution 1094 (the “Sanctity of Life Act”), which would legally define that life begins at conception, and House Resolution 300 (the “We the People Act”), which is designed to prevent federal courts from striking down state laws relating to abortion, marriage, or religious expression. Paul has said that he would do all in his power to overturn the unconstitutional Roe v. Wade ruling that prevents states from enacting laws to protect their most vulnerable citizens. Because Paul’s pro-life positions are so much more than just rhetoric, he has been endorsed by Norma McCorvey (the plaintiff in Roe v. Wade who later became a Christian and pro-life activist).

3) Paul’s mix of free market ideals and sound fiscal policies represent the best hope for the recovery of America’s economy. His plans to eliminate the income tax, allow individuals to opt out of social security, and eliminate wasteful government programs sound unconventional, but they are precisely the radical surgery needed to stop America’s decline. He would also curtail the power of the Federal Reserve to inflate our currency, instead allowing the market to determine the dollar’s value and the ability of businesses and individuals to borrow money.

This combination of plans will ultimately restore confidence in our country and enable hard-working Americans to save more of their money and increase their level of giving to churches and charitable organizations. Imagine the impact upon the world if Christians could take what they currently pay in federal income tax (and thus practically live without) and give it instead to those who need it most! Additionally, returning the dollar to its former status as a stable, valuable currency is vital to our overseas missionaries, who have seen their support dwindle even as total dollar amounts remain constant.

4) The traditional Republican platform of personal liberty finds its truest expression this year in Paul’s campaign. He has repeatedly stated his support of restoring and expanding individuals’ rights to pursue home education and holistic healthcare, and he is a stalwart supporter of our 2nd amendment right to protect our lives and property. Additionally, Paul would tackle the problem of illegal immigration by enforcing existing laws and taking away incentives (such as government services) that lie at the root of the problem. He recognizes that true freedom involves respect for the rule of law.

5) Perhaps the primary sticking point for traditional voters with Paul’s policies are his adamant positions on national sovereignty and non-interventionist foreign policy. What at first glance seems like a liberal anti-war platform is, at its heart, true conservatism. Paul believes that our national security would be much better served by keeping our troops here and ready to defend our country than by having them spread throughout the world. As president, he will endeavor to live up to George Washington’s call to practice friendship and commerce with all nations and alliances with none. One practical outcome of such a plan would be an increased respect for America and her people throughout the world. That can only be beneficial to those among us who answer Christ’s call to carry the gospel to the nations, both by liberating God’s truth from its political baggage and by opening doors of fellowship with other cultures.

6) Finally, Paul is a man of tremendous personal integrity and statesmanship who stands in stark contrast to the colorful personal lives and compromised political legacies of the other candidates. He has been married to his wife Carol for over 50 years, has 5 children and 17 grandchildren. He maintained his medical practice, even during much of his congressional career, for the benefit of those he served; he would often treat patients for free rather than accept government funds for his work. In congress, he has exemplified honor, never voting for a tax increase, an unbalanced budget, or for any bill not expressly authorized by the constitution. He has never taken a taxpayer-funded junket, nor does he participate in the Congressional pension program.

Up to this point, many believers have either not heard about Paul (due in part to the very limited coverage given his campaign by the media) or have written him off as a fringe candidate who could never win, but the race for the Republican nomination is far from over. Paul’s current position in the campaign is quite similar to the one in which another pro-life, pro-freedom candidate found himself 28 years ago—as late as March 1980, pundits had declared that Ronald Reagan was too “extreme” and could never unite enough voters to win the nomination, let alone the presidency. Reagan was able to reach out to Christians and build a coalition that propelled him to victory.

If Paul is to be elected, he has to win the Republican nomination, and if he is to win the nomination, Christians will have to rally behind him. While he has been far less vocal about his faith than other candidates due to his reluctance to use it to bargain for votes, his policy positions are well-founded on his beliefs. It is time for believers to vote for a man who will go to the white house and do what others only talk about. That cannot happen if we allow the popular conception of “Christian politics” to decide for us instead.

At the end of the day, Paul truly stands for his campaign slogan: “Hope for America”. Even if he is not elected, he has already succeeded at reminding us that such hope is not found in more government intervention, but in citizens intervening to protect our freedoms from an unrestrained government. He has forced the Republican Party to wake up and realize that we are just as addicted to handouts and regulation as the Democrats. His ideas, painted as radical by his opponents, are simply a sincere return to the foundational principles of the party. He has presented us the opportunity to partake in our nation’s leadership as the founders intended and recast the cultural debate from a contest between “right” and “left” to one between constitutional freedom and statist tyranny. It’s an opportunity we can’t afford to pass up.

The next major magnet is $1025 to $1050.
Gold will put up a fight at each point then overcome those levels on its way to $1650.
The short of gold share hedge funds and the TA amateur junkies are going to get creamed.

Major, major support lies between

$887.50 and $900.

That range should hold any assault at this time.

sinclair