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New Money Matters Update today, August 7, 2013. Please Read to protect your future!
Lots of printed money but its not flowing. Note the low, low velocity. Its all stacked up at the FED.
How do we know? Look at the excess banking reserves below:
Thats why we are not seeing much inflation or much "recovery". The money is stuck in "nowhere's ville" in the Federal Reserve's vault.
Now does that chart look normal or healthy to you even if you dont know what it exactly means?
Marc's Notes:
To print or not to print.
That is the question...
Whether it is more noble as a Federal Reserve chief to shower the world with confetti and satisfy the insatiable appetite of the banks and pretend colored pieces of paper represent real wealth, or to suffer the arrows of misfortune, slung upon us because of our monetary misdeeds of the past, our over indulgence of days gone by and the immeasurable debtamassed by these deeds. Shall we stumble and print on in hope of finding some fiscal bridge to carry us over the pain of suffrage brought about by nature’s wrath?
For she will most certainly go about her business purging painfully the gargantuan debt which we have ourselves materialized in our ignorance.
Shall we admit our past arrogance, acknowledge our folly, and make ready to receive our due penance which shall surely be administered deep and swift without pity?
Ah, but the masses will most certainly revolt and blame us for such retribution. Though they themselves indulged in the excesses, they will not take blame and instead direct their anger at us!
Not for wanting a solution, they will only feel the wrath that our over indulgence has wrought and seek resolution in our demise!
I fear that we will have no choice you and I. I will have to print to avoid the calamity we so justly deserve. I will have to print to save my livelihood and yours, or at least that is what I will tell you, although folly it is.
I will have to print to satisfy the purity of outcome, for never has there been such a solution that arises from the printing press. It always ends in despair. And this time will be no exception.
I shall print, for that is what is always done, no matter that a solution it renders not.
More important stuff from Money Matters-Listen up.
A NEW EVERBANK MARKET SAFE CD IS COMING! Keep reading here to find out when it arrives and I will look at it and advise if I like it. If I do, I will be adding one myself. I also added a Swiss Annuity policy as they are now closing them. I have a few of them and this one I put in Australian dollars. I put $50,000.00 in and will get about 400.00 per month every month for 15 years when it matures. Not bad and if the US dollar goes down more (and it will eventually) I will make even more. Now it is too late for these but there are more options if you still want money offshore. Email me for strategies.
Want to meet with me and talk finances? Email me. I have time in September and that is rare! Get in line first before the fall rush!
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You can use the below links to open the right accounts:
Checking: http://adfarm.mediaplex.com/ad/ck/13305-85986-43235-1?referid=13286
Money Market: http://adfarm.mediaplex.com/ad/ck/13305-85986-43235-0?referid=13286
Hey, how about that market eh?
Going nowhere fast. I moved to almost an ALL CASH POSITION this week. I cannot smell the market but I see a bit of intrepidation among its players. Keep our monster dividend payers always but maintain a lot of cash here. With more "Taper Talk" happening, I suspect a fall swoon is possible. Who knows where this market will go and who it is tied to. Its just a crap shoot with little free market principals underpinning the stock movements. Now is the time to tread lightly. Its all based on what the Feds do now and I cannot in good conscious invest based on that.
Right now I stick to my diversification tactics on my Dream Portfolio more then ever. You can get a NEW COPY OF IT JUST POSTED on the site. I suggest you look at this new copy and consider implementing some of what you learn. This FED juiced market is no longer a market but a casino that will end VERY BADLY.
On gold, it will bottom once again then it will be time to buy. Wait for it, more downside is in store. Nibble, Nibble, Nibble but save your main appetite for later.
How about those lots! Property on the cheap but not rentals! Empty prime lots. Make half offers and wait for the hungry seller. Do NOT overpay!
NEW DREAM PORTFOLIO POSTED TODAY AUGUST 7, 2013.
DOWNLOAD IT NOW!
We also just loaded a Super Dividend Payers List 2 weeks ago! Some of those stocks are up BIG TIME. Look at Lockheed, Campbell, Kraft, among many others. Wow! Great gains and even better dividends! Download you copy now and start earning money for holding stocks.
World improving is a fools business.
No I don’t mean making a more efficient light bulb or better mousetrap. I take aim today at the meddlers, the “I know betters”, those who strive to improve the lives of some by ruining the lives of others.
You know the type, their ranks are the usual suspects, over fed politicians, public administrators who occupied a previous position on the local school board, retired lawyers types who think passing the bar entitled them to run a city, or the housewife whose kids are gone who have nothing to do but run for a public office somewhere.
They all have ideas on how to solve the worlds problems, feed the hungry, house the poor, educate the deprived or build some monument to the their family name complete with bronze plaque on playground whose funds they approved.
In other words try and fix problems that have been with man since he first came out of the caves, problems usually caused by the simple fact like there isn’t enough lobsters in the world for everyone to have one, some people just shouldn’t own their own home, some will never spend within their means and not all people can find a job in a world of limited recourses.
These are not my prejudices or anyone else’s for that matter, they’re simple facts.
Although all men and women are born equal in basic rights, some will simply accomplish more then others and thereby acquire more stuff from their successes. And success rewards those who find it with more of what they want, and those who are successful whether its from having better physical attributes, because their better at selling something or inventing something. These achievers will feast on the success by buying perhaps a faster car, a bigger house or court a more attractive woman.
Its nature’s application of Darwinism to its prized species, man.
Enter those world improvers who usually find a public mahogany chair to occupy.
They think the successful man should give part of his bounty to the other guy, perhaps an unfortunate, the lazy, the crooked or the just plain off less gifted man or maybe just someone who hasn’t the same amount of wealth.
The improving they try usually takes the form of theft from the gifted. By force of course, as theft can be accomplished no other way. They ignore a basic Pavlonian fact that exists in all men and beast. By their nature all creatures have their own best interests at heart, and those interests exhibit themselves in the will to survive, the quest for an increase in stature, the basic desire to compete and win and to live ones life to its fullest potential.
In other words, to accomplish more and be rewarded for such accomplishments.
The world improvers, in the quest to improve things, overlook the basic truth of mankind’s nature and indeed the nature of all things. If you take away a man fruits of accomplishment, he won’t accomplish very much. And the people who live under such policies usually don’t.
All for now,
Marc
