Greetings Ladies and Gents. I am exhausted, it has been a long day for me, so I'll keep this short. There have how ever been some interesting developments.
The first being what our friend China is up to.
China SWF says cash is king
China is one of our biggest creditors, if they don't continue to fund our deficit, there is going to be problems.
Signs of fraying demand for U.S. government debt
So we're auctioning off our debt, to any bidders we can find. The problem is that we aren't the only nation trying to do this. The next auction of ten year notes begins tomorrow, expect this to not go so well.
China is up to something... I'll post more about it as it becomes more clear. Most likely by tomorrow.
One huge winner lately has been our beloved Monsanto, the stock is one of the hottest rockets on wallstreet. They have also announced 5 new cotton varieties will be available for this year.
Monsanto First-Quarter Profit Leaps 54%
Ohh what a world.
The Trainwreck by Mr. Schoon. It is an interesting little history lesson coupled with Orlov's 5 stages of collapse. I thought it quite informative. Though you know these gold guys are always trying to scare the pants off of us, so we will buy more yellow metal. Enjoy:
Crash of '09
Ron Paul Today on CNN:
I have no idea how long this charade will go on. Sooner or later people will see our currency as toilet paper. The longer they keep this up the more its going to hurt. The madness will stop soon, I'm sure of it. We'll be ready, and we'll come out a lot better off as a society. Too many people feel like they don't matter. This is a fallacy, hammered into us to make us more malleable. You do matter, you matter a lot. You could even say the world depends on you, and your vision for the future. I know you won't let us down.
Success is how high you bounce when you hit bottom.~ Patton
Prov
16:18
Pride goeth before destruction, and a haughty spirit before a fall.
With Love~
Joshua F.
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