Today a report suggested that
“Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported.”
And? Is this supposed to be a surprise?
Deposit “insurance”
But in all seriousness….. As John Mauldin says, we will be just fine, we [...]
Posted on August 27th, 2008 by rromanchuk
Filed under: Legitimized Coercion | No Comments »
A while back the United States walked into a private business and mint, and seized about $4 million dollars balking “money laundering” and “mail fraud”. To get up to speed on the drama, check out the legal alerts. I doesn’t matter what you or I think about the organization, the US government has stepped way [...]
Posted on August 25th, 2008 by rromanchuk
Filed under: Legitimized Coercion, The Federal Reserve | No Comments »
A few weeks ago I received this disturbing email
Hello everyone.
Let me start by saying that this is NOT Russell Towle writing you
this message. This is his son, Greg Towle. I’m writing to you all
because, last night, my father died in a car accident.
This message is being sent out to all of my father’s contacts. Some
of [...]
Posted on August 21st, 2008 by rromanchuk
Filed under: Serendipity (the claim) | No Comments »
I have six blog posts currently in my drafts folder. The really sad thing is that they are all about 90% of the way finished, and they span many many pages. I wouldn’t really consider that procrastination, I’m not really sure what to call it actually. Something happens when I see the light at the [...]
Posted on August 20th, 2008 by rromanchuk
Filed under: Uncategorized | No Comments »
This is a great week, no fantastic week for gold and silver bugs. Why you ask?
I am now back in the game and will be visting www.apmex.com a lot more frequently now that gold and silver have come back down. Although I bought most of my gold around 700s and silver arould 12s, I would [...]
Posted on August 12th, 2008 by rromanchuk
Filed under: Gold in the News | No Comments »
Last Thursday I called the US Forestry Service to double check on the status of the wild fires and the closure of Foresthill Divide. Thankfully, the fires have been 100% contained and everything was back open again. Since a lot of my my friends took off this weekend for Seafair (Seattle), I figured it would be a perfect [...]
Posted on August 4th, 2008 by rromanchuk
Filed under: Serendipity (the claim), Technology | 2 Comments »