Saturday, August 13, 2011

The Road Ahead.

Things are picking up speed. On Monday I intend to pay off utilities, pay the security and rent on a new place to life, hit the gym, and register for classes. On top of it all I have looming bills to pay, in large quantities, the move-out-in to (not) look forwards to.... and oh yes, the sky seems to be falling on the global financial sector.

Man, I need some longer ranged plans. Some new goals to work towards. Cause My life is about to be consumed by another semester of tech. Health-wise I'm doing great. Financially I'm struggling to keep my head above water, as most of us are. Asset accumulation has slown to a halt, as money goes into pressing debts. But at least I made it out of the summer with some silver. And a pistol. So I'm about as prepped as I'm willing to be.

Monday, August 8, 2011

BARACKALYPSE NOW!

It's begun. I've seen theDOW dip 600 points, before bouncing back. Link at end. We are rapidly approach the last few resistance levels before a sharp horrifying drop into 2008/09 lows. The same lows that the government used as an excuse to trigger the first two rounds of quantitative easing. Which served only to temporarily prop up (and according to charts, later crash) the economy. If you read that and already are aware of what is going on, keep reading. For those unaware, you are witnessing history unfold in front of you.

If your just joining, you need to start reading up on just what has really been going on. Also through up a quick look at the DOW... it might cause some alarm. Having  struck -5% AND dropping during Barrack Obama's speech.

Prepare for the BARACKALYPSE :P

I'm at least hedged in silver. Oh, and to check the DOW - the following:
http://abcnews.go.com/Politics/video/live-news-6105570


But, hell, we'll probably see QE3 before it ever really tanks. There is still time.


Tuesday, August 2, 2011

Endgame?

One more month... until my tentative concerns over September will roll around. I've not seen anything to really change the foundation of that. If anything, we've just made things more painful when it all comes crashing down. But HOW is it going to come crashing down? Or are we truly about to experience an Orwellian nightmare? It would be one potentiality to see a useless Iran war as the sources of a financial collapse, when the 1 trillion cut is repealed.