Obama plan

Here are some ways to cut the deficit:
1-Spend less-government should spent tax money only when it's really needed.
2-Save more-give incentives to savers not speculators like wall street.
3-Produce more-give incentives to companies that produce jobs and goods.(the only thing that wall street and government is producing right now problems and debt)
4-Consume less-do not give people incentives to buy goods that they do not need just for the sake of consumer spending numbers to look good.
In all of those points government is doing the opposite or giving us incentives to do the opposite.
In Obama's opinion the way to cut the deficit is for him to spend now and expect someone else down the road to put his plan in motion to balance the deficit.There is no way that 10 years from now health care will cost less.
 Americans are living longer and the number of them needing care it's growing fast.
Raising the taxes is not the solution ether, government has to cut the red tape and let private sector do what they do best create good producing jobs that help the economy and in turn help government revenue.
There is no rule that the government has to grow at the same rate as population does.
Only action by the government will cut debt hopes and wishes will never do.
Obama's plan call for $ 4 trillion dollars in cuts by 2023 about $334 billion dollars per year but for 2011 their cut it's only 9% of the target the rest will be added to the following years, so much for big numbers.(I'm going to be debt free by the time I turn 90, oh I feel better now)

Where is the money going????.

For the last 2 days global markets have been flat to sharply down, precious metals are down as well so where is the money  going? It's wall street expecting a deep correction and it's getting ready for it by holding cash in a muted mode.
Be ready to act fast if needed.

American dollar

The dollar has been heading south for some time now and Americans and their creditors find themselves in a bad
position, they have to pick between two choices witch have the same outcome. If they keep the dollar, the pain it's going to last for some time and at the end there dollars are worth a lot less, if they sell now all at once it will send the dollar in a free fall. So make your move before to many people around the world (they know it's going to fail)  accepts the fact that the dollar is failing. There are  no miracles as far as dollar goes, hope and action
 that 's all  that's left, choose one.
Good luck

Silver run

Silver it's starting the week in a positive note in Asia with 1% gain @ $41.32 per troy once, after finishing the week very strong. We'll keep an eye on silver and gold  how they will  react after the so called ''deal'' in Washington late friday.

Washington deal????.

The deal that Dem's and Rep's are talking it's yet another sing that no one in Washington has the guts to put any breaks on spending spree that the US government has taken on.
They just kicking the can down the road so someone other than them will be to blame later.
It's unfortunate that Washington agenda it's far off with that of American people, they are protecting their jobs at an expense of American taxpayers pain, joblessness and poverty.
They are saying that their cutting the budget by $38 billion dollars out of $3.7 trillion budget that is a drop in the bucket and yet they are making a big deal out of it.
America has to wake-up before it's to late, they will have to accept some pain now or lots of it later I hope they pick the former.