Posts Tagged ‘backwoods jack’
A Challenge to Backwoods Jack
READ THE FULL NEWSLETTER A challenge to Backwoods Jack: I received an email from my friend, Backwoods Jack that was filled with inaccuracies and worse, questioned Ranting Andy Hoffman’s credentials and resume. I shot off a strongly worded email that told him he was out of his mind and that his son didn’t know squat about the precious [...]
Gold Price vs Government Debt
READ THE FULL NEWSLETTER On Thursday afternoon, I set off with my wife Susan, my son Andy and his wife Zhanna for an afternoon at the beach in Hollywood, 15-minutes north of our home in Aventura. We stopped at a tequila bar on the boardwalk and ran into Dennis (the worm) Rodman, who some 15-years ago was making headlines, along with Michael [...]
The Top One Percent
READ THE FULL NEWSLETTER The markets are closed today, for Martin Luther King Day. In todays daily, Bob Chapman has a lot of interesting things to say about Europe. I have inserted a few paragraphs from the Dines Letter and Alf Field gives a very educational presentation (via Elliott Wave interpretation) on why gold is headed to [...]
What do I think will happen in 2012?
READ THE FULL NEWSLETTER Russell's warnings continue. He sums up the stock market, the economy and the election as follows: Subscribers who are buying or holding stocks on the on the basis of the better employment news should remember that deteriorating internals in the face of improving newspaper headlines give us the worst of all [...]
Why Did Gold Plunge Again Yesterday?
READ THE FULL NEWSLETTER Why did gold plunge nearly $45 yesterday? Certainly, hedge funds were selling - Could it be a case of end-of-year booking profits? Maybe. Most of the funds operate with short-term thinking. They don't care if gold will go to $10,000 in three years, they only care about today. That makes for volatile markets. Truth be [...]
The Dow to Gold Ratio
READ THE FULL NEWSLETTER Don’t miss Bob Chapman’s comments in today’s daily. I have “underlined” the most important parts, but as you can see, most of his article is too important to miss! He has a unique way of explaining the recent developments in Europe. Bottom line – nothing has been resolved, they just kicked the can down the [...]
Backwoods Jack is STILL sporting his Rose Colored Glasses.
READ THE FULL NEWSLETTER An email from Backwoods Jack: Dear David, DOW will pass through 13,000 before gold hits 2000 and the dollar index 50 as you predicted by this time long ago. No one is starving in the US. Plenty of places to get food and shelter! Sinclair said when Gold hit 1650 it would soar with all the Middle East problems. [...]
Backwoods Jack is back, sporting his Rose Colored Glasses, as usual.
READ THE FULL NEWSLETTER The following from our long-time reader, Bonnie D.: "The cuts should be their 'throats,' the day they are out of office." Wages Salary of retired US Presidents .............$450,000 FOR LIFE Salary of House/Senate members .........$174,000 FOR LIFE Salary of Speaker of the House .............$223,500 [...]
The gulf between the haves and the have-nots is widening by the day
READ THE FULL NEWSLETTER "The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is [...]
