I had a few minutes to spare so just a quick word and some pictures.
Metal Mania
The author of the blog "The Golden Truth" was featured in a guest post spot over at Zero Hedge. The writer is a friend of EconomicDisconnect and his site appears in the blogroll. If you have questions regarding the fund GLD I am sure this will answer them:
Guest Post: Got Gold? Why Owning GLD Can Be Hazardous To Your Wealth
Congratulations for the Zero Hedge spot!
My own position is that the ETF funds GLD and SLV are fine for trades. They are not physical metals and should not be considered as such. The article can flesh this out in detail.
Sticking with the metals, JP Morgan's silver antics made a big paper, the NY Post:
Metals are in the Pits; Trader Blows Whistle on Gold and Silver Price Manipulation
It is clear how I feel. With Greece getting another extension of cheap money you can be sure the other problem states are looking for the same deal. Here in the US the states are now coming to a head with funding issues and will be bailed out by printing money. Add to this the severe shortfall in pension funds, mortgage delinquencies that keep rising, and higher borrowing costs that will cause QE 2.0 soon I think you can see the paper money spigot is about to go crazy. Gold and silver can be an insurance policy against an avalanche of new paper coming online. This is not investment advice, just how I feel.
Victuals on The Big Steel Keg
You know that is pronounced "vittles", yes?
I decided to go for a double header today. For lunch I made pizza on the Keg and it was really good:
Nice!
I had to cool the Keg off from 500 degrees back down to about 300. I did a "beer can chicken" where you sit a small whole chicken on a beer can to get really juicy meat. Here is the bird on the throne:
After about 3 hours it was done:
I think I left in on just a bit too long, but it came out very good regardless.
No worries this will not become a food blog!
Have a good night.
