The Real Reason Tripoli is being Pounded and NATO Warships are Floating Off the Coast of North Africa?

If not humanitarianism, if not oil, then...

These events shall, in all likelihood, make the prices of all goods rise and further stoke inflation.

Things (two)to Think About

Boy O' boy do we not already have enough to worry about. Work, spending, bills, friends, protecting our health, protecting ourselves against inflation(see article below this), and just plain surviving. Well on top of all these things, as we each go about overcoming our own obstacles, here are two maxims that should keep us in good stead- straight and secure. They are easy to remember and recall when we get stressed out at home and work and when our life seems horribly helterskelter.  

He who guards his lips guards his life, 

but he who speaks rashly will come to ruin.

A generous man will prosper;

he who refreshes others will himself be refreshed.

Proverbs 13:3 and 11:25

Pain at the Pump Cometh

Most likely this squeeze will be on us shortly. Crude oil has found solid buying support at $96.00 per barrel. Price has probed this level not once but four times and has found solid buying all four times! This usually means that prices have only one direction to go and that is unfortunaly UP.  Crude could trade around 105.00 in the next few weeks, which if it does will likely add another 10-30 cents per gallon to our gas bills.

Click on the graph to enlarge

Another reason why crude could surge over the next few days is at the bottom of this graph. The black and red lines at the bottom have almost crossed and turned upward, meaning that buying momentum for all the momo traders on Wall Street will be buying crude contracts with increasing intensity as those lines climb upward and those blue bars also start ascending. Friends protect yourselves against this inflation!

Options Expiration

This Wednesday is options contract expiration week. Look for gold and silver prices to remain pinned around their current levels. For gold this is 1515-1520 and for silver in and close to the 35's. While this is no certainty it most likely could happen as the large commercial banks attempt to have as many option holders positions expire worthless. After Wednesday and into Thursday/Friday it could very well be off to the horse races. By weeks end gold could be bouncing around 1545. This also though is no certainty as tomorrow is promised to no one and shall unfold as the LORD wills.  
This is just some investing advice, as after many months of repetition, options expiration week has usually transpired with prices flatlining during the first half of the week with the second half being noticeably more bullish. Here again is Jim Sinclair's favorite golden illustration. 

Sprott

Here is Eric Sprott being interviewed by Max Keiser on the Keiser Report. Sprott discusses many things, of which, one is the amazing benefits of owning precious metals.  Mr. Sprott throws out a lot of back of the envelope calculations that are just mind boggling. He has numerous compelling #'s that lead to even more compelling answers.  Check it out, Eric is the insider in the global metals market...  

A Roaming Wolf Who Was Converted

Check this out friends, its amazing stuff. 

1 Meanwhile, Saul was still breathing out murderous threats against the Lord’s disciples. He went to the high priest and asked him for letters to the synagogues in Damascus, so that if he found any there who belonged to the Way, whether men or women, he might take them as prisoners to Jerusalem. As he neared Damascus on his journey, suddenly a light from heaven flashed around him. He fell to the ground and heard a voice say to him, “Saul, Saul, why do you persecute me?”

 “Who are you, Lord?” Saul asked.

   “I am Jesus, whom you are persecuting,” he replied.  “Now get up and go into the city, and you will be told what you must do.”

 The men traveling with Saul stood there speechless; they heard the sound but did not see anyone. Saul got up from the ground, but when he opened his eyes he could see nothing. So they led him by the hand into Damascus. For three days he was blind, and did not eat or drink anything.

  In Damascus there was a disciple named Ananias. The Lord called to him in a vision, “Ananias!”

   “Yes, Lord,” he answered.

  The Lord told him, “Go to the house of Judas on Straight Street and ask for a man from Tarsus named Saul, for he is praying.  In a vision he has seen a man named Ananias come and place his hands on him to restore his sight.”

  “Lord,” Ananias answered, “I have heard many reports about this man and all the harm he has done to your holy people in Jerusalem.  And he has come here with authority from the chief priests to arrest all who call on your name.”

 But the Lord said to Ananias, “Go! This man is my chosen instrument to proclaim my name to the Gentiles and their kings and to the people of Israel.  I will show him how much he must suffer for my name.”

 Then Ananias went to the house and entered it. Placing his hands on Saul, he said, “Brother Saul, the Lord—Jesus, who appeared to you on the road as you were coming here—has sent me so that you may see again and be filled with the Holy Spirit.” Immediately, something like scales fell from Saul’s eyes, and he could see again. He got up and was baptized,  and after taking some food, he regained his strength. Acts 9:1-19 NIV

Zimbabwe To Trade Diamonds For Gold As it Prepares to Launch Gold-Backed Currency

Headline coming across the wires today friends. Click the following link to read the full story. http://www.zerohedge.com/article/zimbabwe-trade-diamonds-gold-it-prepares-launch-gold-backed-currency  

As yes friends, this picture implies reality back in 2008. Zimbabwe went through a spell of hyperinflation(just as we are getting ready to do more or less) and during that time of rising prices three eggs cost 100,000,000,000 Zimbabwean dollars. Buy Gold and Silver! The only thing that held purchasing power during this hyperinflation just as in Weimar Germany were things of intrinsic and classic value and cash dollars or stocks are not such!

History of Coin: Timeline Style

Here is a timeline showing the world's dominant reserve currencies throughout history. Beginning with the Roman aureus and moving to our own United States dollar. Can you spot the one outlier in the timeline friends??  The one that is different than all the other examples and why that is. 

Click the pic to enlarge, and for a more in depth study of reserve coin here is this link http://www.zerohedge.com/article/history-worlds-reserve-currency-ancient-greece-today

Banker For Her Majesty the Queen?

Robin Griffiths investment banker for Cazenove Capital, which is the firm rumored to be the personal stock broker for the British Crown has a few interesting things to say about gold and silver. The firm is one of the oldest financial houses on the planet. To put it short, Robin believes that silver could go to $450.00 per ounce and gold will rise to $12,000.00 per ounce. To be frank, he says buy this dip. Metal prices are a bargain and will protect your hard earned life savings against ravaging inflation. 

Here is the link to his excellent radio interview with Eric King from the excellent information site King World News. http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/5/14_Robin_Griffiths.html

Steve Forbes: Gold Standard In Five Years

Steve Forbes, the owner and publisher of Forbes magazine has some interesting things to say on gold, the dollar and inflation in general. 

Here's the link  http://www.zerohedge.com/article/steve-forbes-us-will-likely-have-gold-standard-within-next-five-years