Commodity Trading & Trend Following

The FED and the TARP program has lent or guaranteed almost $12.8 trillion if you add it all up. Putting this into perspective this massive sum is virtually approaching the total GDP or everything produced in the US last year. The nationג€™s gross domestic product was $14.2 trillion in 2008.

They don’t call Nouriel Roubini Doctor Doom for nothing. Roubini is anything but real. Nouriel Roubini has vast experience as well is currently a New York University professor. He was one of the few who predicted last yearג€™s economic crisis. Roubini sounded a warning that many investors who recently participated in this great rally ( one of the best since 1987) should pay attention to.

The innocence and knowledge of a child is sometimes much more clearer than our insights. My young daughter asked me what comes after a Trillion dollars. My son answered a Zillion. I had to interject and add that does not exist ( yet). Maybe U.S. Treasury Secretary Timothy Geithner will invite a new number the way he is going.

Nouriel Roubini and Nassim Taleb (”Dr Doom and the Black Swan”) discuss the crisis –and what to do about it.

In less than twenty-four hours the price of Gold climbed $65 and the price of Silver $1.20. Considering the announcement by the Fed, one has to wonder why the moves were not bigger. The Fed stated it is going to ג€œincrease the sizeג€ of its balance sheet, that means it is going to put the printing presses on full octane, maximum performance. What this really means that in approx 6 months or so there will be an additional $1,050,000,000 in circulation. The ABCs of economics are when this happens Inflation raises it’s ugly head.

I just recieved this in my email. Sounds like Cramer shouting…what do you think?

There’s a storm abrewin’. What happens when good, responsible people keep quiet? Washington has forgotten they work for us. We don’t work for them. Throwing good money after bad is NOT the answer. I am sick of the midnight, closed door sessions to come up with a plan. I am sick of Congress raking CEO’s over the coals while they, themselves, have defaulted on their taxes. I am sick of the bailed out companies having lavish vacations and retreats on my dollar. I am sick of being told it is MY responsibility to rescue people that, knowingly, bought more house than they could afford. I am sick of being made to feel it is my patriotic duty to pay MORE taxes.

How the bankers robbed the banks and us as well.

Tax Payers Dollars At Work or should we say at WASTE