Wednesday, December 9, 2009

Live by the Sword, Die by the Sword

"Live by the Sword, Die by the Sword"  Ever hear that one?  It's an oldie but a goodie.  Well, I got a new one for ya  (I probably didn't invent it though) "Live by the Dollar, Die by the Dollar".

Watching the actions in Washington these last 11 months and knowing our "Shadow President" (George Soros, and I am not saying that with tongue in cheek!) we are being hacked to death by fiscal and monetary policy aimed directly at our currency.  Conveniently, the Shadow President is a world renowned currency trader who has made billions shorting the dollar.  I'm not a conspiracy guy, but isn't it interesting that gold has been signaling a major devaluation, the 12 Trillion dollar debt with the 100 Trillion dollar unfunded liability grows exponentially, Fed rates are near 0%, and there's ample evidence that all roads in ObamaLand  lead back to George Soros?

At this point there are a few things one can do to hedge this scenario:  1.  Buy gold on the dips.  2.  Borrow dollars (mortgage-up responsibly) and enjoy the low rates and devalued debt service.  3.  Take out a hefty life-insurance policy on Glenn Beck and Andrew Breitbart.  And number 4.  Impeach Soros!  

Well, at least some of those are practical!

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