Tao Economics

I'll try and keep this short and sweet. Stocks seem to be getting into a higher risk area and look over bought, while the metals and the miners are looking over sold. I'm not calling a top in stocks and I'm not calling a bottom in the gold, silver and the miners.

What I plan on doing is saving some money in cash. I don't know when stocks will turn over, and I don't know when miners will reach a bottom. I want to wait for the market to make that decision for me.

Silver is down 6% as I type, and Pan American Silver Corp NASDAQ:PAAS has a price to book ratio of .66. That is cheap!

Saw this headline in the Seattle Times this morning, "Report: IRS targeting went beyond ‘Tea Party’.

Jones Soda (JSDA), "Independent Since '96'. Most everyone remembers Jones soda and their surge in popularity in the early 2,000's. Then they crashed, ran in to large operating costs and were unable to grow.

I remember there were a lot of stories back then, and now you just don't hear to much about them anymore.

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You CAN Live a Rich Life While Building Wealth

Not to get you all depressed the weekend, but you should be aware of a couple of items that should concern you.

People are giving up looking for work and do not show up in the official unemployment rate. There has been a lot of cheer over the recent unemployment rate dropping and on the surface it looks great, but the reality is much different.

There are so many key lessons in this wonderful story it would do you well to read it twice. The L.A. Times wrote about David Tran, the man who started Sriracha or what some of my friends refer to as “Hot Cock”. You can’t go anywhere without seeing this stuff, in fact I bet you have some in your fridge right now, and if not what’s a matter with you anyway?

I was looking at the forum today and found an article that states, "IRS Data Web Snares Mostly Low- and Middle-Income Taxpayers".

Each Sunday I plan on finding great stories for you to read that I find interesting through out the week. I want you to get free and live a better life!

Jim ScinClair on King world news

A very strong and immediate recovery, that is sustained, makes the message clear that gold is an ingredient for these wealthy families to maintain their wealth and power, not simply over a generation, but over multiple generations.

Yesterday reports that the Associated Press (AP) twitter account got hacked and posted that bombs went off at the White House injuring the president.

At about 1pm the Dow Jones index dropped about 150 points in a matter of minutes. No doubt this false news item triggered stops and trading computers to sell before it recovered.

A flash crash is not when you trip while exposing yourself but when massively large trading computers enter into a cascade of selling. The big one that everyone remembers was back in May of 2010.