UPDATES

What's up people been on a short hiatus had to deal with the tenants in my properties you know tenants always complaining trying to find excuses not to pay their rent [black people LMAO] happy turkey day in advance I'll be back on Monday Nov. 26 until then here are the updates. Oil is still on its mission to hit $100 a barrel by years end it is currently at $98 a barrel. The quest to introduce the amero to the American population is still under way but first the American dollar must first be devalued. The dollar index is at .77 cents i predict it will be worth .55 cents in the next 8 years. Gold drop back down to $791 an ounce from its high of $837 an ounce but it will go back higher. If you didn't know the lower the dollar gets the higher gold goes up they are linked together. This happens because sophisticated investors aka the wealthy take their dollar holdings and put it in gold and silver which does not lose its value like paper money which is a fiat currency
[check out my other blog to find out what a fiat currency is. http://blackmoneymagazine.blogspot.com/2007_09_25_archive.html ]

Gold will go up considerably because the dollar will fall considerably and like i said they are linked together and all fiat currencies goes to zero eventually like the Argentina currency collapse, the Japanese yen currency collapse and the Mexican peso currency collapses and a whole bunch more in history do your homework people Google it LOL. The stock market has been down for the last 10 days I've been sweating while I'm trading but i knew it was coming and I've prepared pretty well for the upcoming recession and the down ward spiral of the dollar and the economy. How you say well i liquidated my 401 k and put it in silver bullion and i own oil and mining stocks which do better as the dollar falls, and has nothing to do with the American economy and recession take heed people brace yourselves. Put away some money for a rainy day it is about to pour stop popping bottles buying new outfits and $200 weaves put some nuts away for the winter. They project that 7 million people will foreclose on their houses by the end of 2008 just like it was in the depression. Invest or die yeah people it's that serious well with all that gloom and doom here is the silver lining since you know this in advance remember in these upcoming hard financial times is where the rich get richer and the smart get a good chance to gain wealth you just have to have discipline and know where to put your money. That's why I'm here to point you in the right directions your first step is to take all your savings in your 401 k and mutual funds and pension plans out and put it in silver bullion. Silver is far more undervalued than gold and will make you bookoo bucks in the coming years and it will never lose its value. The money you have in your 401 k and pension plans and mutual funds will however lose much if not all of its value in the coming years. i will get into gold and silver more after the turkey day break but until then read my other two blogs that touches on this topic.

http://blackmoneymagazine.blogspot.com/2007_09_10_archive.html
http://blackmoneymagazine.blogspot.com/2007_09_27_archive.html

Remember the Golden rule people he who has the Gold will rule.