The price of silver is exploding more than it already has. I remember when silver was less than $5 an ounce. I couldn't convince people to think about it, much less actually buy some of it. I was buying it, but looking back, I should have mortgaged everything I had to buy it. I made at least 6-10 times my money I invested in silver. We will never see prices for silver that low in our lifetimes. NEVER! I guess that made it the investment of a lifetime back then.
Jump to 2011, and now the price of silver is close to $50 an ounce. The really scary part of this is that when you look at the fundamentals, along with the instability in the world economies today, the price of silver may still be low. The fact of the matter is that the banks that have been dealing with silver have been committing fraud. They have been 'selling short' silver that they not only did not own, but have actually been selling silver that did not exist. This enabled them to make money on non-existent silver, and to also suppress the price of silver as well. Selling naked shorts in silver amounts to a de facto flooding the market with 'paper' silver.
The problem now is that the banks are now caught up in a 'short squeeze'. This is when a seller of a commodity doesn't have it, and now much purchase it at the market price, no matter how high it may be. It would depend upon what price they sold it at that would determine the loss. The bigger the difference between the market price and the price they sold it for, the larger the loss. It looks like they may be in for multi-million dollar losses because the silver price is now approaching its historic high that was set back in the 1970's when the Hunt brothers were trying to corner the silver market.
I'm not sure how many people are open minded enough to invest in silver, but it has worked out great for me, and for plenty of other people who had enough guts to think for themselves instead of following the talking heads on MSNBC and other media investment pundits. One thing that they won't tell you is about systemic risk. You may think that your investment portfolio is well diversified because you're investing in a lot of different stocks, bonds, ETF's, indexes, etc., but I have some news for you. You're only diversified in paper assets. What happens if all paper assets take a hit? Is your portfolio equipped to handle that eventuality? That's where investment in non-paper assets comes in. Do your research.
Wednesday, April 27, 2011
Monday, April 18, 2011
Almost Half the Meat at the Supermarket is Contaminated!
I hated to see this, especially since I am a meat eater. I'm not surprised at this at all. The meat industry basically has the regulators in their 'back pocket'. That's why they get to add so many of the antibiotics to the animals. The overuse of the antibiotics is what leads to the bacteria being able to develop resistance to them. The meat producers love to use antibiotics because they can continue to use their filthy practices, as well as increase the growth rate of the animals.
Staphylococcus aureus is a common bacteria. It is scary to think that these bacteria in the meats we are consuming is drug-resistant! But that's a direct result of corporations choosing the most profitable practices over the most safe practices. It's not surprising if you truly understand what a corporation is.
A corporation is an artificial person. It's only reason for existence is to make money for owners (shareholders), and everything else is of relatively minor importance. They don't care about the effect of their foods on our long-term health. They don't care whether or not the food they feed us is healthy. They only care about whether or not we'll continue to buy it, and whether or not they'll make profits. That's why they never want to admit to anything that they think will make us less likely to buy their products, or to make us uncomfortable with their industry.
I'm not sure what we should do though, because beef, poultry and pork are all having this problem. Most people don't want to give up meat, but we're going to have to do something to protect ourselves, since we know that the big corporations will not protect us. It might be a good idea to get meats from small, local farmers instead of from the big supermarket chains. It may also be good to wash our meats with food grade hydrogen peroxide (diluted to 3%). We're going to have to be resourceful and intelligent.
Staphylococcus aureus is a common bacteria. It is scary to think that these bacteria in the meats we are consuming is drug-resistant! But that's a direct result of corporations choosing the most profitable practices over the most safe practices. It's not surprising if you truly understand what a corporation is.
A corporation is an artificial person. It's only reason for existence is to make money for owners (shareholders), and everything else is of relatively minor importance. They don't care about the effect of their foods on our long-term health. They don't care whether or not the food they feed us is healthy. They only care about whether or not we'll continue to buy it, and whether or not they'll make profits. That's why they never want to admit to anything that they think will make us less likely to buy their products, or to make us uncomfortable with their industry.
I'm not sure what we should do though, because beef, poultry and pork are all having this problem. Most people don't want to give up meat, but we're going to have to do something to protect ourselves, since we know that the big corporations will not protect us. It might be a good idea to get meats from small, local farmers instead of from the big supermarket chains. It may also be good to wash our meats with food grade hydrogen peroxide (diluted to 3%). We're going to have to be resourceful and intelligent.
Wednesday, April 13, 2011
Fukushima Radiation is Reaching the US
In spite of the media and government reports that are downplaying the severity of the radiation releases from the Fukushima nuclear reactors, it is very dangerous. Much more dangerous than the authorities or media would like to admit. We already know that the government has a vested interest in having people remain calm and distracted from the facts. The nuclear industry is populated with big, powerful corporations that make a lot of money building nuclear power plants.
The EPA is reporting that there have been radionuclides found in drinking water in the United States, as well as radioactive contamination of milk. In fact, some levels of radioactive Iodine 131 in drinking water have been above the EPA safety limits! What is even worse is that there has also been contamination of milk with radioactivity. The issue with milk is that it represents the general condition of the food chain because cows eat grass and are exposed to the same environment as food crops and water supplies. The inference is that when there is radioactivity in cows' milk, there is radioactive contamination throughout the entire food supply.
With all of this radioactivity being spewed around the Earth by this nuclear accident, you would think that governments would be working to protect their populations, or at least would tell the people how to protect themselves. But this is not the case.
The authorities from most countries actually appear to be more concerned with lulling the people to sleep. They are focused on making sure that the people remain complacent about this nuclear fallout. Scientists agree that there is no safe exposure level for radioactive isotopes. Although the exposure levels may not appear to be high in the air or water, the thing about exposure to radionuclides is that the exposure is cumulative. It appears that the Fukushima nuclear plants will be releasing radiation and radioactive particles for many months, if not years. It has already been reported that they are releasing enormous amounts of radioactivity into the ocean. It is just a matter of time before the fish, shrimp and other sea creatures are contaminated with radioactive particles.
The astute person will want to take steps to remove radionuclides from the body. We may not be able to stop the release of radioactivity, but we can do some things to protect ourselves and our children from radioactive contamination. It makes sense to err on the side of caution, regardless of the opinion of government officials. If you wait for them to warn you of the danger of radioactivity, it may be too late.
The EPA is reporting that there have been radionuclides found in drinking water in the United States, as well as radioactive contamination of milk. In fact, some levels of radioactive Iodine 131 in drinking water have been above the EPA safety limits! What is even worse is that there has also been contamination of milk with radioactivity. The issue with milk is that it represents the general condition of the food chain because cows eat grass and are exposed to the same environment as food crops and water supplies. The inference is that when there is radioactivity in cows' milk, there is radioactive contamination throughout the entire food supply.
With all of this radioactivity being spewed around the Earth by this nuclear accident, you would think that governments would be working to protect their populations, or at least would tell the people how to protect themselves. But this is not the case.
The authorities from most countries actually appear to be more concerned with lulling the people to sleep. They are focused on making sure that the people remain complacent about this nuclear fallout. Scientists agree that there is no safe exposure level for radioactive isotopes. Although the exposure levels may not appear to be high in the air or water, the thing about exposure to radionuclides is that the exposure is cumulative. It appears that the Fukushima nuclear plants will be releasing radiation and radioactive particles for many months, if not years. It has already been reported that they are releasing enormous amounts of radioactivity into the ocean. It is just a matter of time before the fish, shrimp and other sea creatures are contaminated with radioactive particles.
The astute person will want to take steps to remove radionuclides from the body. We may not be able to stop the release of radioactivity, but we can do some things to protect ourselves and our children from radioactive contamination. It makes sense to err on the side of caution, regardless of the opinion of government officials. If you wait for them to warn you of the danger of radioactivity, it may be too late.
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