Category Archives: Financial

Get Out of the Stock Market

Posted on August 14, 2011 by DRenegade

Last week’s stock market roller coaster ride indicates only one course of action: get out of the stock market. Does anyone else but me think that going below 400,000 to only 395,000 jobless claims is really good news? Remember three … Continue reading →

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Here Is A Large Part of the Problem

Posted on August 12, 2011 by DRenegade

The following video has a flaw in its presentation. He forgot to add the people collecting government checks for entitlements and pensions. httpv://www.youtube.com/watch?v=xOAgT8L_BqQ Tim Geithner recently stated that the government writes 80 million checks to people each month. In the 2008 … Continue reading →

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Is North Korea Making Its Move?

Posted on August 10, 2011 by DRenegade

North Korea is not letting a crisis go to waste. Our enemies smell blood in the water and the United States can expect global resistance to weaken our resolve and resources to defend freedom around the world. When you couple … Continue reading →

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Is Anyone Home?

Posted on August 10, 2011 by DRenegade

The stock market continued its collapse today as it lost another 520 points in heavy volume. Gold is currently at $1792 an ounce as our leaders continue their summer vacation or conduct meetings that produce no results. As shown below, … Continue reading →

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The Shape of Things to Come?

Posted on August 10, 2011 by DRenegade

As state government budgets were finalized across the country before July 1st, the expected state employee layoffs did not materialize. One of the reasons was an overestimation of income as the economy improves during the fiscal year. This wishful thinking … Continue reading →

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Gold American Eagle Sales Suspended

Posted on August 10, 2011 by DRenegade

The United States Mint suspended the sale of American Eagles for re-pricing. The move is temporary and sales should be continued later today. This is another example of how the US government has no understanding of the free market. As … Continue reading →

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Time to Print More Money

Posted on August 7, 2011 by DRenegade

Alan Greenspan made the statement today on Meet the Press: “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default”  Although he is correct, there … Continue reading →

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Russia Is Not Letting a Crisis Go to Waste

Posted on August 6, 2011 by DRenegade

The following video from Russia Today is the beginning of an effort to destabilize our government and consumer confidence. httpv://www.youtube.com/watch?v=jERhPMzqSaE What part of their analysis do you disagree with? When we sow politicians instead of leaders in our government, we will … Continue reading →

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The Consequences of Standard & Poor’s Credit Downgrade

Posted on August 6, 2011 by DRenegade

Foxnews is reporting how the Republicans running for their party’s nomination are reacting to the downgrade of the United States by Standard & Poor’s: GOP Presidential Contenders Pile on Obama for Historic Credit Downgrade While the announcement late Friday wasn’t … Continue reading →

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Unemployment in Winston-Salem, NC

Posted on August 5, 2011 by DRenegade

The following report from the Winston-Salem Journal details the rise in unemployment in the Triad and Northwest North Carolina. I read the following question today and personally answered no: Do you know anyone who has a job based on one … Continue reading →

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Another Round of Crisis Talks – in Europe

Posted on August 5, 2011 by DRenegade

The events in Washington and Wall Street over the past week have diverted our attention from the Middle East and the European Union. Although concern about individual portfolios is warranted, the stock market decline is not limited to the United … Continue reading →

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A Message from Michelle Obama

Posted on August 4, 2011 by DRenegade

Friend — Every day, I see Barack make choices he knows will affect every American family. That’s no small task for anyone — and more proof that he’s earning every last one of those gray hairs. This has been a … Continue reading →

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Is It Time to Buy Gold?

Posted on August 4, 2011 by DRenegade

Is it time to buy gold? Gold has undergone a meteoric rise in the past month as people flee to the “safe haven of gold”. Although it is reported as reaching new highs, this is not true when adjusted for … Continue reading →

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Alert: Tea Party Crashes Stock Market – Flees to Gold

Posted on August 4, 2011 by DRenegade

Patriots standing up for our country have been relentlessly attacked by our government, media and liberals. When presented with facts, these attacks in the past have been deflected by the old political correctness retort: the Tea Party is racist. Now … Continue reading →

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Wall Street Journal Becomes Part of the Main Stream Media

Posted on August 4, 2011 by DRenegade

The Wall Street Journal was a publication that I considered to be the last bastion of free market news with an impeccable reputation. Notice the past tense. An editorial in the WSJ comparing patriots (Tea Party members) to hobbits was … Continue reading →

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