As you may suspect already, you are not being told everything about the global stock market crash taking place this week. If you want to understand current events beyond what CNN, NBC, CBS, ABC, FOX "News," The NY Times, Wall Street Journal, and Washington Post are all telling you, then visit this web page.
3/15/07
Does anyone remember the 1983 movie Trading
Places starring Dan Akroyd? The billionaire stock brokers Mortimer
and Randolph Duke get taken to the cleaners by a poor black pauper played
by Eddie Murphy, and a smart and sassy prostitute played by Jamie Lee
Curtis. How exactly? Simple: the paupers sell high, buy low, and hedge
their bets by diversifying.
So here's today's free hints on what and why to buy or sell and when:
Buy now:
CN (Canadian National Railway)
CPR (Canadian Pacific Railway)
Why now? Canadian currency has already corrected a few years back; Canada is resource rich in timber, coal, natural gas, and oil sands; high oil prices mean current state of trucking industry is unsustainable; when the dollar slides in value due to the U.S. being hopelessly bankrupt, Canada's currency will appreciate, and its stock prices will outperform US stocks; Bill Gates has been investing in CN for years now: the billionaires always know where to put their money before you do.
Watch now: the small investor can place a limit order to buy now,
should any of these stocks drop to...maybe...25% of
their value:
NS (Norfolk Southern Railway) -ships coal to eastern seaboard
CSX (CSX Transportation) - ships orange juice from florida to
UPN (Union Pacific)
Why now? Placing a limit order frees one up from having to worry and watch the market bubble, when you are enjoying life with your kids the way we were meant to; railroads will be key in the future for shipping goods to inner cities, just like they did around 1900, when nothing was shipped by tractor trailer, car, van, etc.; foreign investors and the billionaire class will be ready to snap up these stocks before the little guy like you do
Sell now:
Computer manufacturing stocks
Computer software company stocks
Why now? It is very energy-intensive to manufacture computers; the planet has reached the point of diminishing returns on computer technology: computers do just about everything for us except wipe our bottoms; nearly everyone has a computer or laptop; there are so many computers out there that perfectly good machines made 2 years ago get thrown away every day; disposable income in the U.S. is excessive due to cheap energy and the supremacy of the U.S. dollar as the default global currency (note that it is slipping heavily against foreign currencies in the past 3 weeks).
Sell now:
Automotive manufacturers, including electric car manufacturers
Why now? Electric cars need their energy to come from somewhere,
and use a tremendous amount of energy to manufacture in the first place,
as explained in this humorous video short Try
the Patch.
Sell now:
Gold mining and manufacturing companies
Why now? Simply scroll down and learn about Barrick Gold, and just how energy-intensive and environmentally destructive modern-day gold mining is.
And remember good people: piles of cash in the bank will only lose their purchasing power as the dollar slides against global currencies. Want cash? You can have all you want of it after the dollar and Dow tumble down: piles and piles of worthlesss cash. (See the Weimar Republic. History repeats...time to lather and rinse once only: no need to repeat.)
See Jim Kunstler's
March
5, 2007 entry on the global market crashes, titled Singing
the Vegetable Opera.
Here are some suggestions for protecting any investments you may have, that are a bit different from those TV's talking heads are parroting:
-Invest in your community, and build community ties. Here are some suggestions
by James Howard Kunstler on some steps
you can take.
-No matter where you live, railroads ship goods to cities more efficiently than 18-wheel tractor trailers. Here is a short list of railroads in Canada and the US that will be vital for the future shipment of food to North American cities:
CN (Canadian National Railway)
CPR (Canadian Pacific Railway)
NS (Norfolk Southern Railway) -ships coal to eastern seaboard
CSX (CSX Transportation)
UPN (Union Pacific)
-Here is a list
of railroads by country; many are publicly traded.
-Bicycles are one of the most efficient forms of transportation ever invented: here is a list of bicycle manufacturers. Many are traded publicly.
-Moving food, goods, and services by sea and barge is even more efficient
that by rail. An
explanation of this can be read here.
-Many communites have local recycling programs. This is an excellent first step, but building sustainable, healthy communities will require more advanced recycling techniques.
-Western governments may put the brakes on the dollar's slide, and freeze plummeting stock markets soon. Little time may be left to sell a portion of your stock market holdings, in order not to lose more of your savings. In the stock market crash of 1929, the first investors to sell got out with their hard-earned savings intact; the last to sell saw their life savings vanish overnight. Many people in the U.S hold investments in 401k and IRa retirement plans, and cannot sell these without a large tex panalty. Some of these plans allow the worker to shift their investments as they choose, so moving some retirement assets into safer long-term stocks is an investment in the future, not only for protecting one's savings, but also to protect one's commuity. Think about investing in your community and building local economies, as the price of gasoline and energy rises. Save those old sweaters and blankets to use on colder days, rather than turn up the heat in your home.
-The following companies manufacture energy-efficient items right here in the USA:
Whirlpool Corp.: US Stock Symbol: WHR
Frigidaire Corp. is a division of Electrolux, and manufactures energy-efficient refigerators here in the US. It is a Swedish Corporation, and Sweden has been way ahead of the game in sustainable, energy-efficient solutions for decades now. Electrolux stock info.
You do NOT want to hold any of the following: Banking stocks and investment firms, auto manufacturers, hydrogen car manufacturers, the US trucking industry, gold mining companies, and especially avoid Barrick Gold. Note that while commodity prices are going up, the price of gold is remaining steady or dropping. That is because the IMF and Central Banks are selling off gold to create the impression that the dollar and other fiat currencies still have real value. It is a financial slight-of-hand, like an illusionist uses the art of misdirection to perform "magic." History repeats: when fiat currencies have collapsed on the past, private ownership of gold and silver bullion and coins have been outlawed, as desperate governments attempt to prop up failing currencies, having failed the hardworking taxpayer, and spent their countries into bankruptcy.
Butt, butt,
butt my stockbroker/friend/financial advisor/computer software/accountant
says the stock market is infallible, and Ayn Rand says greed is best for
everyone's happiness. Who is telling the truth here?
Keep in mind the billionaires who own the brokerage houses, and own the weapons companies, and own the banks, and control the WTO, and call the shots at the federal reserve, and own ABCNNBCBSFoxNewz, the Wall Street Journal, the NY Times, and so on, all know where to put their money well in advance of hardworking folks like you and I. The joke is on us poor working class folks, because investors actually pay money to brokers, and brokerage firms, and mutual fund managers, and 401k and IRA advisors, and all these self-important stuffed suits with their fancy degrees still get their information from the billionaires, who pick our pockets at every turn. These are the same people who told investors the dot-com boom would have the Dow Jones at 36,000 (before it crashed in late 2000), then they said the real estate boom would never end (it's been crashing since early 2006), and they told us there was no global warming, and they told us gas would always be cheap, and they told us [fill in the blank]. So much for their track record. Money corrupts everything...
Believe in yourself, not the TV news anchors who have peddled you the lies from Washington, DC for so many decades.