Sunday, May 29, 2011

The Contracting Mega-Church

"The streets that were once choked with traffic are now bare. The church's sprawling parking lot is half full. Inside the stylish sanctuary, ushers sway to choir music in front of empty seats.  On a typical Sunday morning, New Birth Missionary Church in suburban Atlanta would be hopping. But on a recent Sunday, the sprawling church complex looked half-deserted and the mood seemed flat.  Six months after a sex scandal involving New Birth's senior pastor, Bishop Eddie Long, became public, the megachurch no longer packs them in. Yet there are loyalists, like C.D. Dixon, who have not joined the exodus."
Source: CNN

"The megachurch and megamillionaire ministers might have seen 'the peak'. Hopefully they saved all of those millions from the book deals."
Random Roving, "Happy New Year 2010 is Here", January 1, 2010 

Tuesday, May 24, 2011

Dipping In Silver

"I've spent a lot of time pitching gold, but not enough on silver. It's been on fire lately. The ETF "SLV" provides a nice purchase option."

SLV made over a 100% gain after that post.  The "slope of the sand pile" then became a little too steep.  The naysayers say that the commodities run is over.  I disagree.  The Dow/Gold Ratio indicates that we're in for several more years of precious metal price growth.  I bought some more SLV today on this nice dip.

Silver ETF "SLV"

Newt's Bumpy Start

Well as predicted, Newt has made it official.  He's already making apologies for campaign speeches.  It will be very interesting to watch him rise to Team Red's #1 candidate.  Why will he?  He's a "known quantity", calm demeanor during chaotic times, and they'll build a link from him to The Gipper.  Just watch.

"The fear factor is very powerful and effective.  Newt is starting to use it to emerge as the frontrunner for Team Red."
Random Roving, September 29, 2010

"Lets see if Newt, their link to The Gipper, will be their man."
Random Roving, January 24, 2011

Monday, May 23, 2011

Contracting Heroes

"It will be interesting to see if the downward 'draft' of mass social mood takes down cycling champion, Lance Armstrong. Tiger might say that "the draft" makes everyone vulnerable."

Random Roving, August 9, 2010
If you watched 60 Minutes last night, you might respond to the above, "yes".  It was a scathing interview with the former "boy scout" of the tour, Tyler Hamilton.  We'll have to wait and see what the "mass mood" has in store for Armstrong.

Utah Takes The Lead On Coins

Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being "as good as gold."

Utah gets it. Is this a start to a trend?

"Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being 'as good as gold'. To make that point, they've turned it around, and made gold as good as cash. Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes."
Source: AP

Entire article:

Monday, May 2, 2011

Osama, Obama, and Slap Ya Mama

Well The Boogeyman is dead....or is he?  Big bad Obama knocked off big bad Osama.  And so these modern day "Crusades" continue on.  We might have just entered the next era.  So I assume our troops are heading home...right?

It will be fun to watch the battle for the credit.  It might resemble when Reagan took office and witnessed the release of the Iranian hostages.  Bring on 2012!

And yes, try that "Slap Ya Mama" seasoning for your next crawdaddy boil...great stuff!  I needed a third rhyme!

Sunday, May 1, 2011

Life Beyond The Known

"Many people are afraid of the world beyond their door, yet the vast majority of humans are not thieves, murderers or rapists. They are people just like you and me who are trying to get by, to help their families and go about living their lives. There is no race, religion or nationality that is exempt from this rule. How they go about living their lives might be different, but their general goals are the same."
Tim Ferriss