2012 Election Winner
Deviant Investor
Deviant Investor
October 1st, 2012
Reader Views: 1,535
And the Winners Are:
The Media   An amount in excess of $5 Billion (estimated) will be spent by both parties for advertising in the presidential and congressional elections.
Wall Street  Wall Street firms will benefit because they have contributed heavily to BOTH presidential candidates and many congressional candidates.
Lobbyists   They collect large fees for moving hundreds of millions of dollars from corporations and other organizations to the candidates.

And the Loser(s) Are:
If you are reading this, you already know. Consider:
- Check the costs for gasoline, food, taxes, and medical care that you are currently paying. They will increase during the next few years.
- How much interest are you earning on savings and money market accounts? Even if interest earnings increase from their historically low rates, they are unlikely to keep pace with inflationary price increases.
- Bernanke just initiated what many writers are calling “Quantitative Easing to Infinity.” This will benefit the financial community, but will it benefit the overall economy and the rest of us? And, what will be the hidden costs to the average household?
Conclusion
The heavy contributors will receive something in return for their contributions. If you have NOT made a substantial investment in a Congressperson, Senator, or President, then I urge you to protect your remaining assets with inflation hedges such as gold, silver, and ETFs for gold, silver, oil, related stocks, other commodities, and anything that will benefit from the continued money printing announced on September 13 by the Federal Reserve. In David Stockman’s words, invest in “ABCD – Anything Bernanke Can’t Destroy.”
For specifics on how to protect your remaining assets, read the article Maintain Your Purchasing Power – How and Where Should You Invest. These are not recommendations; they are possibilities that you may wish to consider.
For additional possibilities on investing your IRA or other retirement funds, read the article I Have an IRA. How Can I Invest in Gold and Silver?
GE Christenson
Delivered by The Daily Sheeple
Contributed by Deviant Investor of Deviant Investor.
About Deviant Investor: I am a retired accountant who has 30 years of experience following markets, investing, and trading both futures and stocks. I have made and lost money during my investing career, and those successes and losses have taught me much about markets, timing, risk, inflation, and crashes. I currently invest for the long term, and I swing trade (in a trade from one to four weeks) stocks and ETFs. I offer opinions and commentary, but not investment advice.
Years ago I did graduate work in physics (all but dissertation), so I strongly believe in data, analysis, objective facts, and rational decisions based on hard data. I currently live in Texas.
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If the SHTF and you have any great accumulation of wealth and do not have the means to protect that wealth you are already a deceased target of the masses. The only value PM and ABCD has is to the strongest competitor for said valuables. If S-does not-HTF than it will be a status quo senerio because TPTB will still be in charge and the masses will still be milling around going BAHHHHHd government, BAHHHHd police, BAHHHHd TSA, BAHHHHd Bernanke and nothing will change.
I have as much wealth as I can carry on my back. Anything else will belong to someone else when I am driven off or can no longer defend my property. If you think you will be able to run to the store with a pocket full of gold or silver and buy stuff at WalMart when SHTF you are delusional. You will be lucky to stay alive and PM and such will be your last worry.
After SHTF and the masses die off (expect up to 80%)and the population stabilizes (at 10-20% of current numbers) then it will go back to the strongest competitor having all the wealth. Again you loose one way or another. The worship of wealth will get you nothing but dead if the ballon goes up.