Welcome to the Be Prepared Channel. Well we received a small amount of snow overnight which was a welcome thing to see. We have not gotten very much snow this year. Temps have been very cold this year, but not much snow or precipitation to go with it. I should have gotten a shot of it first thing this morning, but was lazy.
Survival Blog Economic and Investing Headlines:
But I don't think that silver is yet in a speculative bubble. The true value of silver and gold haven't changed substantially. Rather, it is paper money that is losing value. I believe that the value of the U.S. Dollar and the world's other fiat currencies are simply diving into a chasm, following an orgy of government over-spending. The current bull markets in silver and gold are just reflections of the ongoing destruction of the Dollar and the world's other pager currencies. For this reason, even if there is a major correction in silver, I doubt that the bottom will be any lower than $20 per ounce. The silver market fundamentals support my outlook. Silver is scarce and become more scarce with every passing year. (Which, by the way, is one of the reasons why I recommended that my readers ratio trade out of physical gold, and into physical silver.)
Do you remember my warnings about "creative" ways that legislators might find to solve budget crises? Brace yourselves. CBO: Taxing mileage a 'practical option' for revenue enhancement. (A hat tip to J.H.B. for the link.)
My cousin in England sent this: Proof That Gold Is Not a Bubble
G.G. flagged this: Morning Note: Gold Replacing Dollar as World’s Reserve Currency?
Also from G.G.: Buffett Warns: The Dollar Will Decline
Stocks Falter Despite Improving Economic Reports
Oil Slides as Rebels Take Libyan Ports
More People Signed Contracts to Buy Homes in February
How to Detect Fake Silver
US Closes Small Bank Bringing 2011 Total to 26
Patriot Radio News Hour News Headlines:
Why The European Union Is Doomed
German Elections Put EU Solidarity at Stake
Obama Seeks to Bolster Public Support
Obama explains Libya incursion
Ron Paul believes Libya intervention an 'impeachable' offense
Al Qaeda leader foresaw chance to capitalize on Arab uprisings
Obama Arming Al Qaeda?
Libyan rebels promise oil exports,
Syria: dozens more dead, US and France divided
'Arab spring' drives wedge between US, Saudi Arabia
Iranian Video Says Mahdi is 'Near'
Meanwhile, in Israel…
Anti-cuts protests shut down central London
Will This Breakout In Gold Be Authentic?
US Treasury's Geithner to visit China March 31
Bernanke to Speak Out More to Explain, Bolster Policies
Life as we know it in America is about to change
Disposable income falls as prices jump, data show
FDIC's plan for 'skin-in-the-game' loans
Administration proposes banks spend $20 billion to fix botched foreclosures -- By Patrice Hill-The Washington Times
Stiglitz: Budget plan a 'near suicide pact'
Survey says U.S. financial house in state of disorder
Harry & David files for bankruptcy
Unemployment’s Rising Toll on Families
Who wants a union? Not Southern autoworkers, it seems
The collapse of Detroit
Caterpillar CEO: Illinois budget hurts business
Obamacare is crony-care
Loudest Obamacare cheerleader wants out
Shrinking Medicaid funds pummel states
In Prison for Taking a Liar Loan
Donald Trump: I've got my birth certificate,
Media Matters' war against Fox
Is Media Matters breaking the law in its 'war' on Fox News?
Virtual war a real threat
Who's looking in on you?
Duck And Cover
Radiation levels at Japan nuclear plant reach new highs
Plutonium detected in soil at Fukushima nuke plant
Radioactive rainwater recorded eastern US
At Reactor, Toxic Pools Threaten to Spill
Damaged reactor may be leaking radioactive water, Japan says
Japan government slams Tepco on radiation reading
How Dangerous Is Japan's Creeping Nuclear Disaster?