Great video that goes to show you how uneducated Americans are with money.
Showing posts with label gold. Show all posts
Showing posts with label gold. Show all posts
Wednesday, November 11, 2009
Saturday, November 7, 2009
Gold & the United States
Will the US ever sell its gold? Err, will the US ever be forced to sell its gold?
I hope not, but that doesn't mean the day won't come when we'll need to finance our vast debt to pay off our expenditures and future costs (such as the health care bill that just passed the House).
Thursday, September 3, 2009
"Buns" Bernanke Can't Be Happy bout this...
No, I'm not talking about this picture...hat tip to Jrdeputyacct!
Bun, er, Ben Bernanke cannot be happy that the Chinese are gladly putting aside dollar/treasury/Fed note purchases and are finding that they can:
1) Buy gold
2) Buy IMF bonds (the first 50 billion issued)
3) Use their current dollar horde to buy assets around the world
Thursday, July 9, 2009
Thursday, June 25, 2009
Welcome to Contrary Riches
Would like to welcome all readers of Housing Panic, SootandAshes, the Big Picture, Mish's Global Economic Analysis, and all other blogs/bloggers out there. Both myself and Bottom Feeder in Philly have beeen regular posters on several blogs and we decided to start this one when our fav blogger Keith of Housing Panic decided to take a foray into the world.
This blog will focus on getting us all wealthier. We have no agenda other than to dissect the lies and promote the REAL ways of finding real wealth. We may or may not be at the start of a depression. Regardless, we hope you'll follow our stock pics, real estate picks, investment talk, and add your own input to enhance the richness of the blog.
A little about myself....I am an individual investor who has dabbled in a variety of investments, including owning single family homes, multi-unit homes, an apartment building, a car wash, a variety of stocks (some that have done well, some that haven't), and a big believer in the 5 branches of wealth system. I've considered myself at times a contrarian and at other times the kind of investor that jumps on a trend before it ignites and jumps off right before it fizzles out. Both Bottom Feeder and I love to argue and debate all matters of business and finance. I have a health care background and am a big believer in the blogging medium.
This blog will focus on getting us all wealthier. We have no agenda other than to dissect the lies and promote the REAL ways of finding real wealth. We may or may not be at the start of a depression. Regardless, we hope you'll follow our stock pics, real estate picks, investment talk, and add your own input to enhance the richness of the blog.
A little about myself....I am an individual investor who has dabbled in a variety of investments, including owning single family homes, multi-unit homes, an apartment building, a car wash, a variety of stocks (some that have done well, some that haven't), and a big believer in the 5 branches of wealth system. I've considered myself at times a contrarian and at other times the kind of investor that jumps on a trend before it ignites and jumps off right before it fizzles out. Both Bottom Feeder and I love to argue and debate all matters of business and finance. I have a health care background and am a big believer in the blogging medium.
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