Gold and silver and stocks and bonds and real estate and cash and checking accounts and money market accounts and taxes and bailouts and crises and terrorism and corruption. I’m sure I left a lot out. But those are some of the topics I’ve been addressing here for you guys my subscribers and here in Washington, DC while I’m here for a few days. I’m meeting with some companies and bureaucrats and I might even call on a couple politicians from my Rolodex before I head back to the relative peace of New Mexico on Wednesday.
Speaking of gold and silver, I’ll be looking to add to my own personal gold and silver physical holdings this week too. As usual, I’m looking to use some near-term weakness to build up long-term positions.
I’ve got a few new longs and/short ideas that I’m working on and developing and getting an edge on while I’m here in DC.
And speaking of DC, what a time to be here, huh? IRS, which will soon have be in charge of all your medical history and access to health care. You got the Bengahzi cover up which I figure will sort of just fade from the public concern next. And then you’ve got the Department of Justice getting busted for spying on AP journalists. If you think that’s the only example of the Republican/Democrat Regime cracking down and intimidating journalists let me tell you a quick story.
A few years ago when I was an anchor on Fox Business and the bailout culture was being forced down the public’s throats, I started a social network protest website called “SpokeUp.com”. Within a month of its launch we had dozens of bloggers, thousands of microbloggers and hundreds of thousands of visitors every month. I noticed early on that about 1-5% of our daily traffic was coming from WhiteHouse.gov IP addresses which I can track as the site admin. Within three months, our site was deluged with viruses and spam and Denial of Service attacks. I’ll leave it to you whether you think that destruction of free press and social coordination was random or done on purpose by the Republican/Democrat Regime. But I can tell you that I’ve built and run dozens of other sites and have NEVER had another other major virus or spam issues. I eventually had to close SpokeUp.com down entirely because we couldn’t get rid of the viri and other attacks on the site.
Freedom of press? Free country?
As far as the markets and trading go, I continue to preach being boring while others are being excitable. I continue to think that the right approach is to stay somewhat invested and long while the stock market bubble blows bigger. But I am not looking to get aggressively long or to load up on l0ng-dated call options as I was back in 2010, 2011 and even a little bit last year. Buy low, sell high, remember?
Do not become complacent or greedy while the markets are at all-time highs, ok?
I’m off the National Archives first this morning. I will try to get another post or two written while I’m here in Capitol.