Bear Market Rally of March, April, May 2009? You decide!

What're the banks really spending our bailout money on?

Sold FAZ and new strategy for beating the system

I sold FAZ today at 4.45. I'm also going to utilize a new strategy to beat the system.

I'm going to trade the manipulated stock market and use the proceeds to buy more bullion/mining shares. That way you can take advantage of the moves when the banks manipulate the price of precious metals down by buying more.

YTD I have a 61.4% realized gain.

Market continues to move higher... but I remain true to my position

The recent market run-up should be or near a short term top. If this was two years ago, I would've sold out of my position because of margin calls. However, I'm a much smarter investor than before and learned not to put more chips down that I had to borrow. The banks also use this "margin" game to lower the price of precious metals and forcing people to sell. After all... margin and excessive greed is how the banks collapsed right?

However, I have covered my BGU position and bought FAZ, since I believe the financials are very bloated right now. I also noticed something very interesting on Friday. The market rallied without JPM (JP Morgan Chase) and GS (Goldman Sachs) joining in. These two financials are the market leaders right now. For them to show a little bit of weakness when the market is rallying may be telling us something...

Found a hilarious website today... Making ur economy betters

If any of you are I Can Has A Cheezburger fans?, I'm sure you'll enjoy the site I'm going to post below.

LOLFed: making ur economy betters

Shorting BGU @ 27.13

I reshorted BGU at 27.13. The market cannot keep going higher like this. Wall Street is rallying right now on false hopes and expectations.

Covered BGU @ $25.83 and bought some silver over the weekend

I placed an order for more silver over the weekend since APMEX had a fire sale. Many of their stock went quickly; the Silvertowne 5oz bars and Walking Liberty Rounds sold out.

I'm glad that the banks are keeping the price so low. We are at a historic low when you compare to how much silver you can buy with one week's worth of wages. See the YouTube video below for more information.



I also covered BGU for a respectable 3.33% gain. From the day I sold SVM and PAAS, SVM has declined 9.8% and PAAS has declined 12.5%. I will consider shorting FAS tomorrow and rebuying SVM and PAAS at a reduced price.

99 cents over spot for silver at APMEX

APMEX has a 99 cent sale for some silver products this weekend. Take advantage of the steep drop in price and pull the physical silver from the market!

http://www.apmex.com/

Detroit: The New Ground Zero of America

Why you don't want to be buying this recent run-up. Comparison between the "mini bull market" now and 1929 to 1930