Jason Hommel, Silver Stock Report

I try to obey the ten commandments, I really do. And I advocate that others also try. But I find I'm completely unable to do so, as I use paper money, daily. Does that make me a hypocrite?

Paper money violates the ten commandments.

1. Paper money is a false god.
2. Paper money is literally an image, valuing it is an act of idolatry.
3. "In God we trust" on the money takes the Lord's name in vain.
4. The sabbath debt forgiveness times are ignored by the system of paper money.
5. Lack of honest standards dishonors our parents.
6. Paper money has funded mass murder; two world wars and more.
7. Lenders commit spiritual adultery; and paper money is adulterated money.
8. Paper money and banking is institutionalized theft.
9. Paper money requires a mountain of false testimony.
10. Paper money is supported by greed and covetousness.

For my full essay on these topics, a most unpopular essay, see: (more)

The Perfect Portfolio For The Next 36 Months (Market Club)

I've given a lot of thought as to what's going to happen in the next three years. Specifically, what I am going to do with my own portfolio and my own money. I have scoped out several markets that I think are going to offer excellent opportunities, no matter what happens to the economy. Yes, you heard me right. No matter what happens to the economy, I believe that this "Perfect Portfolio" will work for you in the next 36 months whether you have 10,000 or 10,000,000 million dollars.

We back tested The Perfect Portfolio using our "Trade Triangle" technology for 42 months through some of the toughest, most difficult markets the world has ever seen. I think you will be pleasantly surprised at the results. (click here)

Precious Metals with Merv, Oct 17, 2009

FREE weekly precious metals investment newsletter, click here

FINALLY! Zero Percent Financing Available on 2009 and 2010 Lamborghini Murciélagos

‘Tis the season to buy a Murciélago with zero-percent financing. Lamborghini of America introduced a new Lamborghini Retail Finance Plan that allows customers to buy a Lamborghini Murciélago LP640-4 at zero percent for 60 months.

With the new financing deal, Lamborghini hopes to allow more automotive enthusiasts to get behind the wheel of one of the rarest and fastest cars on the plant. Purchasing a car that has a base price of more than $350,000 normally requires some serious wealth. Now, all it requires is a solid credit score, although we’d still recommend a serious amount of wealth behind your name. (more)

Silver taking a breather

Having flirted briefly with the $18.00/oz level silver is now taking a well earned breather. Although the demand for silver differs from gold the influence of gold is still enormous. However, gold has broken through to record territory and is currently engaged in an inverse battle with the once almighty dollar, so indirectly silver is also a dollar ‘play’.

Todays pull back in silver prices can be attributed to the mini rally, if we can call it that, by the dollar. The dollar had dropped down to touch 75.2 before heading north to trade at 75.7, however the rally lacked any meaningful strength and the dollar is now heading down again to trade at 75.4, as we write, on the dollar index, which compares it to a basket of other currencies. (more)

S&P 500 Index Due for ‘Stiff Correction’: Technical Analysis

The U.S. Standard & Poor’s 500 Index may be due for a “stiff” slump as it approaches a resistance level in coming weeks, according to Nader Naeimi, a strategist at AMP Capital Markets, which holds assets worth $75 billion.

The U.S. index’s 62 percent rally from its March low has brought it close to 1,121.4, which Naeimi says represents the 50 percent level Fibonacci analysts identify as a key resistance point. The performance of the index, which closed at 1,096.56 yesterday, is also diverging from measures of price and breadth momentum, pointing to a deeper “correction” than those that have occurred since the rally began, the strategist said.

“The divergences have started to build up over the past few weeks,” said Sydney-based Naeimi, whose firm went to “overweight” from “underweight” stocks in March. “The new highs the index is making aren’t being confirmed by the measures of momentum. The next push higher is likely to extend those divergences, which suggests we’ll see a deeper correction that lasts several weeks or longer, rather than just days.” (more)

Britain is in danger of going bust, warns EU

Britian's economy was consigned to a list of those at 'high risk' yesterday because of the spiralling national debt.

The European Commission issued a humiliating warning that the worsening budget deficit poses 'serious concerns' that the country will be unable to meet future spending commitments, such as pensions.

The growing number of elderly people threatens to make debt unsustainable and has led to the UK economy being ranked alongside nations such as Latvia, Greece and Romania.

The warning plunged the Government into a furious row with Brussels, as Treasury officials said it called into question the EC's ability to carry out 'credible economic analysis'. (more)