muses of the moment

April 13, 2011

Latest Letter from Martin Armstrong dated April 11, 2011

Filed under: Economic Confidence Model Cycle, Fiat Currency, Inflation, Martin Armstrong — Tags: — totallygroovygirlfriday @ 5:08 pm

Click here for Martin Armstrong’s latest letter entitled, Nothing is Certain Except for Death, Taxes, and the Other Side of Inflation (11 pages).

Mr. Armstrong discusses and shows examples of history repeating itself. He discusses the real issue of the fall of the rule of law and its impact on economic capital. He also issues some dates on economic and political shifts occurring between 2014 and 2020 (last page).

Richard Russell

Filed under: Gold and Silver Investing, Precious metals, The Dollar Crisis — totallygroovygirlfriday @ 1:32 am

Click here for Richard Russell’s thoughts on the short-term and long-term gold market. Excellent chart included.

A quote:

Gold has broken out above the $1,450 area and as Russell says, generally you want to buy on pullbacks toward that level.  The public might be too skittish to do that, but the professionals certainly will.  If that level holds, it will provide the base for the next leg higher in gold.  For the non-professionals, simply accumulate each month on the same day and dollar cost average your purchases over time. This is a huge secular bull market, enjoy the ride.  As far as the US dollar goes, God help us when we finally break 70 on that index.

Readers, this bull market is so easy to invest and win. Groovygirl can not emphasis that enough. Set aside whatever you can afford on a monthly basis and buy physical precious metals (either silver or gold or both). Hold long-term and sell when DOW/Gold ratio is 1:1 or lower and/or the average price for a single family home is 500 oz. of silver or lower. Depending on your needs at that time, you can buy dividend yielding stocks or cash flow real estate.

You must take action and actually purchase the physical stuff. Then you must wait, be patient, and watch for the sell signal. Keep in mind, you will be selling when everyone else is just entering the precious metals market for the mania phase.

There is an opportunity to create a retirement account in a very short period time or keep the purchasing power of the retirement account you already have accumulated.

The controlled currency collapse and debt collapse that is happening globally right now is the biggest wealth transfer in history.

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