And now we have the ever-appetizing, "Pink Slime". Me thinks they need a better marketing guy working on this account. The "insider" name for this stuff is, "Lean Finely Textured Beef (LFTB)". Ah, that makes it all better.
The beef industry is in full panic mode with a, "Top 8 Myths Of "Pink Slime" [link] web page. Hey, it's only got a "puff" of ammonia in it. Quit yer bitchin'......
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Here's a shocking story: There was another slaughter at a gun free zone.
OAKLAND – Police said seven people were dead and three others injured after a gunman opened fire Monday at a small Korean Christian school.This freak first shot the front office staff then moved through the school. Hmmm. How might this have turned out differently if one or more of the front office staff was carrying a concealed weapon. 1,2,3,4 or more LIVING human beings, perhaps?
Isn't it the left who always hits us with, "If only one life is saved for [pick a cause] it's worth the effort"? So shouldn't they all be out marching to have our Constitutional right to carry a gun restored?
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Sorry, it isn't always the left who does this. It's the right as well. USA PATRIOT act, DUI checkpoints, come to mind.
"If just one [drunk driver, terrorist] is stopped by shitting on your rights, it's worth it."
No. It's not. Life has risks, liberty has risks.
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Anyone keeping a tally of the number of slaughters occurring in Gun Free Zones, versus slaughters that happen in Heavily Armed Zones like police stations?
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An hour or so ago, the Federal Reserve minutes came out. In short, they said that they didn't think the [totally manipulated] unemployment numbers were any good [HAHAHAHA!] and the economy might be in for some trouble. Duh.
Logic says that means the economy - thus the dollar - are at risk. In fact, it would be an occasion where the Fed would break out the old Quantitative Easing playbook, and start crankin' out dollars. Lube up the economy really well.
Instead - illogically - the talking heads on TV are saying that the markets view this as an occasion where the Fed will tighten (?!) the money supply, making the dollar strong and PMs weak.
WTF?
Gold dropped $30+ an ounce in the blink of an eye. Can you spell m-a-n-i-p-u-l-a-t-i-o-n?
'Splain it to me, Lucy....
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The various stock markets ALSO dropped like stones, but that makes sense, as a perceived weaker economy (or one where a visible public official acknowledges it sucks) will hurt the sales for most businesses.
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I quit. Gimme a cave, a cot and a carbine. This is just insane.
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Copyright 2012 Bison Risk Management Associates. All rights reserved. Please note that in addition to owning Bison Risk Management, Chief Instructor is also a partner in a precious metals business. You are encouraged to repost this information so long as it is credited to Bison Risk Management Associates. www.BisonRMA.com
6 comments:
You lost me at the carbine Chief. I was with ya up to THAT point, but this really tears it pal! You know damn well you need something with more umph than a carbine!
In seriousness though...
The gold price ain't sweating me really. My alternative is worthless federal notes and ...EQUITIES! I'm looking to buy more of the yellow stuff while it's slumping.
Guns, Hey, I gotta keep nimble!
You're singin' to the choir regarding PMs. Tomorrow, in fact, will see an addition of both gold and silver to my personal hoard.
As long as they're continuing to print money, then borrowing it themselves, I'll keep buying PMs. Their house of cards will tumble before mine will....
One mistake about gold (I have made it too) is looking at market changes by dollar amount instead of by percentage. Thirty dollars sounds very different than a bit under two percent.
I think the fundamentals of gold and silver are particularly solid for somebody that looks at them as long term inflation/ default insurance.
Ryan, indeed. I tend to look at the dollar amount because of the volume of PMs we buy/sell in our store. It reminds me to "buy right" all of the time. In this biz, there is always someone that will buy your product, it just depends where the market is - and is heading - that determines if you'll make a profit or not.
It is SO EASY for the government to take yoiur PM's They did it before and when the great depression officially begins they will do it again. They simply pass a law making it illegal for citizens to own, buy or sell it except to the government and then they set the price. How hard is that?? What will you do with your PMs then?
Hey Anon... suppose they passed a law that required you to kiss a dog's ass? Or how about if you were required to get permission to have kids? Or maybe get permission to leave your home? You gonna obey those laws too?
[probably a law & order republican - meaning yeah, he/she would undoubtedly knuckle down an OBEY]
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