Today, I drive up the coast to Del Ray Beach, and spend a few hours with Joel Kravitz. (Joel heads up our eBay division and our unique storage program with Brinks in Montreal.) Joel lives in Minneapolis, but he is spending the next six months setting up and running a new Miles Franklin office that is located in Del Ray Beach, 45 minutes north of our Aventura residence. Joel and I will meet with one of our clients and his father. They are driving some two hours to personally meet with Joel and me. If you live in Florida or plan to be there this winter and would like to meet personally with Joel, or me call him at 561-272-9320 and set up an appointment. I’m usually available.
When I return to Aventura I will pick up Susan and we head off to the Miami Beach Cinematheque, where one of my dearest friends and his wife Petra Mason are hosting a book signing for a new book (Bunny Yeager’s Darkroom) she recently authored.
Bunny will be at the book-signing event – and for those of you not old enough to remember, and that includes me, Bunny was THE most famous pin-up from photography’s Golden Era. Bunny is in her 80s now and she still is “hot.”
Bunny is a hard act to follow but – here are the more mundane, but up-to-date statistics on the economy from John Williams (Shadowstats.com). Williams uses the same methodology that was used in the 1980s and 1990s – before the BLS started to manipulate the data. The “official” numbers are placed on the left side and with the more “honest” calculations from the earlier era are on the right side. The current BLS numbers are worthless and strictly “political.”
Bogus Official Numbers vs. Real Numbers (per Shadowstats.com)
Annual U.S. Consumer Price Inflation reported October 16, 2012
1.41% / 9.64%
U.S. Unemployment reported October 5, 2012
8.3% / 22.8%
U.S. GDP Annual Growth/Decline reported September 27, 2012
2.21% / -2.15%
U.S. M3 reported October 16, 2012 (Month of September, Y.O.Y.)
No Official Report / 3.32%
It does not matter who wins the election, the devil you know, or the one you do not.
The US dollar’s primary trend is much lower.