Daily Updates

Are you an exchange traded fund (ETF) investor worried about how our country’s loose monetary policy could affect the economy? Then you may want to listen to the advice of investment guru Jim Rogers.

Sitting down with Judge Andrew Napolitano on Investment Postcards, venture capitalist Jim Rogers discusses his take on how to profit in times of reckless monetary policies.

Rogers remarked that “[Federal Reserve Chairman Ben] Bernanke, he does not understand finance, economics and currencies; all he understands is printing money and now that we have given him the printing presses, he has run those printing presses as fast as he can.” [Silver ETFs: Catch ‘Em on the Rebound.]

Rogers says playing this is simple: find things that will protect your assets by investing in things that will hold value in inflationary environments. He likes metals, particularly silver.

Threats of further violence from the son of Quadaafi is having rather exactly the opposite effect that the toppling dictatorship had hoped. With defections among army and government to the side of democratic protesters, the fate of the Quadaafi government is as good as sealed.

It is as expected. The success of grass roots protests in replacing oppressive and authoritarian regimes in Tunisia and Egypt has ignited the imagination of the long-oppressed in other nations, both within and outside of the Middle East. The latest emerging unrest has now appeared in China, and that has leaders on edge. But more importantly, global markets, still fragile despite the recovery of specific sectors, could be tilted off course if instability spreads.

As we pointed out earlier, the upcoming week will be quiet on economic and market events. What it, however, will be heavy on is revolutions, riots and the good old ultraviolence. Below is a useful primer from Stratfor for what is becoming an increasingly more complex geopolitical chess game, for the time being confined in the Maghreb, but soon spreading all across the Muslim crescent and soon thereafter into East Asia.

Ongoing Overnight Short Squeeze, Silver & Fresh 31 Year High

Silver takes out $33.10, hitting a fresh 31 year high, as the relentless short squeeze leads to more body bags, and the only flight to safety currency is now the non-dilutable one (with gold on the verge of $1,400). Only $20 more to go until the all time Hunt Brother record is smashed – one/two more revolutions should do it; even better: hopefully the CME hikes margins next week: that would bring $40 silver 24 hours later. And on a more somber note, please join us for a moment of silence in remembrance of the great, the legendary, the soon to be departed Blythe Masters whose most recent zero margin, infinite PM short contraption has just sang its swan song.

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