Wednesday, November 25, 2009

Bought GLD (Gold)

Dear Diary,

I returned the monies I took out for living expenses earlier this year to zero out my taxes for 2009, as they relate to my Roth IRA.

I've been investing in a college degree this semester, so my stock activities are slow. However, I did take a substantial position in gold (GLD) today at $115.79 a share. I think the gross spending of our Marxist (Republican and Democrat) government should lead to hyperinflation in the real economy, so gold provides the safest hedge against such foolishness. And the education I'm seeking in a broad number of fields that can translate globally can provide assurances of food on the table in the years ahead, should my views on the collapse of the Untied States Government from its present form prove true.

Gene