Money supply, BOJ, China & Gold, Ice Cream

[lostkitty]

We put our money…. into our kids’ cello/violin/piano lessons! Plus all their sports….

Actually, we have an excellent investment guy that takes care of it all for us/with us. I couldnt say at this point – it is more my husband’s fascination (although the more I visit here and the more you post – the more interested in economics – personal and global – that I have become – really… I thank you greatly for your sharing of info – you should be a teacher…). I have not been shopping around for places to put any big lump sum because unlike you, we havent sold our home. I dont think we will either. Luckily things are stable here. Upstate NY grows slowly, not maniacally.

I had been toying with the idea of returning to San Diego – I do love it there and my family is all there. My kids would have instant friends and cousins all in T.Pines, etc, however, this site has changed my views completely. I am thinking sitting safe for a good long while is more to my liking and better for my family. The schools are absolutely amazing – weather cold in winter, but beautiful. Our home is gorgeous, and with the right car and warm clothes, none of the weather factors matter anyway. it is so beautiful that one can get distracted just driving around ones own neighborhood as the seasons change.

[powayseller]

The only investment advisers I would trust are those who work for a fee. Commission-based advisers will steer you only to load mutual funds. Otherwise, they don’t get paid. Following the general investment advisor advice, has not been too helpful. I missed out on flipping RE, and the commodities bull. Ask you husband’s advisor what his rate of return was the last 10 years, and then decide if even beat the S&P500. If he didn’t put you into CA real estate, you missed out on 30% annual returns. If he didn’t put you into metals last year, you missed out too. As did I, but I don’t have an advisor I’m supposed to trust.

I just signed up for 2 advisor services: Zeal (thanks, leung lewis for that lead), which is $55/year. Their best tip this month is a Candian lead miner, and they tell you how to get on the Canadian stock exchange and get that company. Also the Yamamoto Forecast, for $350/year. He is putting his clients in 100% cash, 0% stocks. He does everything on a typewriter, so nothing online. But the guy has a great track record. You can write to him at The Yamamoto Forecast, P.O. Box 573, Kahului HI 96733. I’m also looking into options with Chris Johnson, the day trader who posts here, if I can figure out some long term plays. Can’t handle the short term stuff.

Everything I read, including Zeal and Chris Johnson, says the parabolic rise in gold prices indicates speculation. So I’m staying out and waiting for a good entry point.

I bet we have thousands of lurkers here. If anyone has any ideas on where to invest, please jump in.

[sdduuuude]

Seems the repercussions in Japan of the housing bubble burst are just as nasty as they are here. If they have funded all our debt, using US housing as the underlying collateral, when people start to default, they’ll be pretty screwed, won’t they?

Is Japan as a lender somehow isolated from this?

Whether they want to or not, aren’t they heavily invested in US housing?

[sdduuuude]

Chunkey Monkey is my favorite ice cream, by the way.

[4plexowner]

Congressman Ron Paul is the only true statesman in America today, IMO.

He understands that a country can’t print its way to wealth and prosperity and he does his best to spread this truth.

Read his latest missive about gold:

http://www.house.gov/paul/congrec/congrec2006/cr042506.htm

[Author]

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