Odracirys

I believe that now is a good time to start buying silver (or to buy more if you already have some). From around 2000 to 2008, silver had a huge run up in price.  Then, in mid-2008, the price fell until the end of the year, when it started to rebound.  From late 2008 until 2011, it had a huge run up, going from around $10 to nearly $50.  But from May 2011 until the present, the price has fallen again to about $20. It seems like a silver bubble has burst.  However, there are reasons why silver should outperform other investments in the future. Right now, the price of silver is at a "support level".  This is a price which was hard to break through on the way up, and is also hard to break through on the way down.  I don't believe that it will go down (substantially) from here.  Instead, I think that it will be pretty much all up.  (This price increase may start next month or later, but it will occur.)  Why do I think so? Mining prices hav...

This is how Civil Wars are Born At least 50 supporters of deposed President Morsi have been gunned down by the military.  This doesn't bode well for stability.  They could very well be the first shots of a civil war. It's hard to see how anything can go right in Egypt.  Mubarak did not allow Egyptians many freedoms. Morsi, an Islamist, was even worse for the country, although his election (which got him in the position to become dictator) was supposedly fair. Now, I hear that Ziad Bahaa el-Din, a former member of the Central Bank, is close to being chosen as interim prime minister.  I'm not generally a conspiracy theorist, but the fact that a central banker might become the most powerful man in Egypt sets off some alarm bells and piques my tinfoil hat side. Egypt had better get its act together (and this includes somehow trying to appeal to Morsi's supporters to at least participate in another election).  If not, the country could easily fall ap...

I don't think that anything happening in America on this July 4th comes at all close to the huge party happening in Tahrir Square and other parts of Egypt last night.  Boy...what a party.  When I was young, my mental image of Egypt was pyramids.  Now, it's green lasers.  Anyway, who knows how that will turn out. As for the United States, I'm more negative about it than at any point since the Bush administration.  In fact, it might be a new low, because the lesser of the two evils is showing himself to be a pretty pathetic lesser evil. To me, it seems that American rights are under attack.  On top of that, I am absolutely convinced that the whole American and world economy is a Ponzi scheme.  I don't think that we'll even have one more year of this tepid growth.  Ten years from now, we'll look back at  the days of   this poor economy and remember them as the good old days. Some Romans lived through the fall.  If you know about ...