muses of the moment

April 28, 2011

James Turk

Filed under: Dollar Crisis, Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 11:18 am

James Turk via kingworldnews.com gave his thoughts on the Fed meeting, the dollar, and gold and silver. Click here.

The dollar is in trouble and the Federal Reserve has its head buried in the sand.  Washington’s politicians are spending money they don’t have and the federal government’s credit rating is being called into question, I could go on, but you get the point.  We’re at an historic moment.  Years from now we will look back and point to 2011 as the moment in time when the flight out of the US dollar accelerated leading to its eventual collapse.  A simple and safe way KWN readers can prepare for this catastrophe is to own physical gold and physical silver.”

Latest letter from Martin Armstrong dated April 25, 2011

Filed under: Economic Confidence Model Cycle, Martin Armstrong — Tags: — totallygroovygirlfriday @ 9:34 am

Click here for Martin Armstrong’s latest letter entitled Nihon Jishin (Japanese Earthquakes) dated April 25, 2011 (10 pages).

Martin describes his prediction for a major Japanese earthquake, or a series of intensifying earthquakes beginning in 2009. They actually began in 2008, and the most recent one is part of that series. He goes on to illustrate from history that nature (earthquakes, volcanoes, and weather) change economies and sometimes whole civilizations.

Martin also mentions his new book…coming in an ebook form at some point (probably after September). It will be an explanation of his cycle theory, the nature of cycles. Can’t wait to read it! The last part of the article goes into a little detail about the formation of a wave or cycle.

Side musing: gg is also researching that drop in the dollar early this morning and the rumors of a run on physical gold and silver at the COMEX.

Update on Pirates

Filed under: Dollar Crisis, Odds 'n ends, Tangible Assets — totallygroovygirlfriday @ 1:58 am

This post by Bruce Kasting was very interesting. Click here.

A $13 million dollar ransom paid in cash for captured oil tanker. Oil is going to get pretty expensive if our military has to escort every ship. Groovygirl is going to really start worrying when pirates demand ransom in gold and silver. We now know that Middle Eastern rebels, whatever their recent labels, have the ability to be well-financed and probably are. Russia is playing hard ball when addressing this problem.

US media seems to downplay the pirate problem unless it pertains to small recreational vessels with western world citizens.

Greek default, um…..”restructure”, coming soon.

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