«-- Jim's Quote of the Day: | Main | Letter Re: Phases of the Moon and Deer Hunting --»
Odds 'n Sods:
Eric Fry from The
Rude
Awakening
penned this about Citigroup's recent SIV accounting shenanigans: SIV
Positive.
o o o
Hawaiian K. and The Army Aviator both recommended an alarming piece of commentary
on silver storage from Ted Butler: Money
for
Nothing. My favorite quote from the article: "I found it appalling
that
Morgan Stanley would claim to store silver that didn’t exist and even have
the chutzpah to charge for the storage." As I've often written: there
is no safe and sure substitute for in-home
storage of precious metals .
Any
other
method--be
it shares, or certificates, or "bonded storage", bank safe deposit
boxes,
or
anyone else--relies on trusting in the honesty and integrity of men and
the constance
of
constitutionally-sound
government.
And
living in these days, we
all
know
about both. Sadly, we
live
in a
wicked, fallen, sinful world.
o o o
In the "There's No Need for Panic" Department: The Federal Reserve
has posted some Foreclosure
Resources for Consumers. OBTW, I shoulsd mention: how did they qualify
for a ".gov" domain
name? The Federal Reserve is a private banking cartel, not a
government agency. They are no more "Federal" than either Federal
Express or Federal Cartridge Company. If you look in your phone book, you'll
see that
the Federal Reserve is correctly listed in the "F" alphabetical section
of the White Pages, not in the US Government Agencies
section.
o o o
Chester suggested this AP story: Much of U.S. Could See a Water Shortage
