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From David’s Desk

Politics is the gentle art of getting votes from the poor, and campaign funds from the rich, by promising to protect each from the other.

Oscar Ameringer

As usual, Andy Hoffman’s “rants” are right on the money. And I have offered up a few comments from the legendary “original gold bug,” Jim Dines.  His investment advice has been a cornerstone of my portfolio, over the years, and led me toward the rare earth sector before it became fashionable.  I have inserted some of his general philosophy but if you want to know specifically what he recommends, you will have to subscribe to his newsletter (The Dines Letter), which is one of the best you can buy.

The same can be said for Ted Butler.  If you are interested in the silver market and how it is manipulated, you should consider subscribing to Butler Research.

Information from Butler, Dines, Willie, Chapman and others that are “paid for subscriptions,” is vital to your financial health.  I give you previews of what they are talking about but I am just scratching the surface of the quality material they have to offer.

I try not to be political, but in today’s daily I offer a wonderful article from the New York Times by David Brooks.  His views most closely mirror mine – both parties are hopelessly lost and offer no meaningful solutions.  I hope you take the time to read his opinions.  Until we get better leadership from Washington, which seems so unlikely, there is no way out of this mess!  That is why I buy gold and silver.

Sincerely,

David Schectman

Miles Franklin