What is it about GLD that attracts so many certifiable nuts?
GLD is a nice way to hedge 5% (or more if you're so inclined) of your portfolio through reasonably normal times. If you're really thinking the world is going to implode, go talk to your loony friends on your Christian websites, because GLD will blow up as fast as any other ETF.
5 Years ago if you would have told me a leftist socialist would become president - running exactly on a leftist socialist platform - I'da told ya you were a lunatic.
A year ago people would have blown you off as a "crazy" for suggesting the banking industry in the US would collapse within 10 months.
6 months ago, even with a recession in sight, you still would have called me a "wacko" if I suggested the deficit this year would be over a trillion.
Even just a few months how many people would believe Citi could possibly get into trouble?
As worldwide socialism sets in, there will be no mass market to peddle to and keep horribly inefficent governments afloat... with America's discretionary spending near zero and the dollar near valueless. As inflation soars to 50% or more, a few tactical nukes go off in a few key locations, a cold few winters weaken food supplies, transportation lanes get disrupted and a president with a leftis bent and not afraid to let it come out.. well, a few years ago it might have seemed utterly crazy - is it so crazy in our lifetime? Are you so sure we're not that far away from craziness?
So"if" the US government determines that it is against the law for the words "under God" to be on our money, then, so be it.
And "if" that same government decides that the "Ten Commandments" are not to be used in or on a government installation, then, so be it.
I say, "so be it," because I would like to be a law abiding US citizen.
I say, "so be it," because I would like to think that smarter people than I are in positions to make good decisions.
I would like to think that those people have the American public's best interests at heart. BUT, YOU KNOW WHAT ELSE I'D LIKE?
Since we can't pray to God, can't Trust in God and cannot post His Commandments in Government buildings, I don't believe the Government and its employees should participate in the Easter and Christmas celebrations which honor the God that our government is eliminating from many facets of American life.
I'd like my mail delivered on Christmas, Good Friday, Thanksgiving & Easter. After all, it's just another day.
I'd like the "US Supreme Court to be in session on Christmas, Good Friday, Thanksgiving & Easter as well as Sundays." After all, it's just another day.
I'd like the Senate and the House of Representatives to not have to worry about getting home for the "Christmas Break". After all it's just another day.
I'm thinking that a lot of my taxpayer dollars could be saved, if all government offices & services would work on Christmas, Good Friday & Easter. It shouldn't cost any overtime since those would be just like any other day of the week to a government that is trying to be "politically correct."
I think that our government should work on Sundays (initially set aside for worshipping God...) because, after all, our government says that it should be just another day....
What do you all think????
If this idea gets to enough people, maybe our elected officials will stop giving in to the "minority opinions" and begin, once again, to represent the "majority" of ALL of the American people.
SO BE IT...........
Please, Dear Lord, give us the help needed to keep you in our country!