• If the dollar stays below this line, it indicates to me a fail and my trade is to get longer hard assets.

Greeting from Buffalo! HSBC has the entire city govt and good ol’ Carl Paladino bending over backward to basically hand over the entire downtown. We are supposed to receive funds to rebuild our water front and now that it looks like its about the happen, HSBC has decided it wants it for themselves or they will leave town.

- Kate

• Only 21 Percent Of U.S. Voters Support Net Neutrality

HERE’S A GOOD EXAMPLE; AN ELECTED REPRESENTATIVE, A COMPLETE DOUCHE BAG, HAS NO IDEA WHAT’S IN THE CONSTITUTION. WHAT’S THE POINT OF PRETENDING THAT U.S. GOVERNMENT REPRESENTATIVES ARE NOT ALL JUST COMPLETE ASSHOLES. WE HAVE BEEN ABANDONED. THE REST OF THE WORLD IS MOVING AHEAD WITHOUT US. IF WE EVER WANT TO COMPETE AGAIN WE NEED TO DISBAND THIS GOVERNMENT AND START A NEW ONE.

Andrew Hoffman

All,

As we close 2010, silver is trading at a new 30-year high of $30.75/oz, with the REAL (non-paper) price closer to $36.00/oz from coin and bullion dealers.

Given all the issues I have written about all these years, many of which I expect to reach the consciousness of the masses in 2011, I expect silver to challenge and likely soar past its 1980 all-time high price of $50.00/oz over the next 12 months.

Moreover, I believe investors the world over will realize why the word silver is synonomous with many national words for money (such as l’argent in France), as well as many countries themselves (such as Argentina).

Silver and gold are money, but silver unlike gold is also consumed by industry, and thus is at risk of huge, inevitable shortage issues. Silver, or as it is also known “poor man’s gold”, has been estimated by the U.S. Geological Service as likely be the first known element to go extinct.

Thus, the premise of this excellent video, that silver may one day be worth MORE than gold, is possible, IMO.

The time to protect yourself from the oncoming hyperinflation is narrowing, and for many reasons I believe physical silver is the pre-eminent method of doing so.

Have a Happy New Year, and best wishes for 2011!

Andy

• “The promotion of an investment banker to a casino board might also say a few things about the gambling industry.”

• Singapore economy grows record 14.7% in 2010

• Matterhorn Closes The Year In Style: “Hyperinflation Will Drive Gold To Unthinkable Heights”

• The Shadow Banking System: A Third Of All The Wealth In The World Is Held In Offshore Banks

• Yet another nightmare story has emmerged involving a mistaken foreclosure. Bank of America reportedly put a Connecticut family’s home in foreclosure despite the fact that the couple never missed a payment — and was actually in the process of refinancing their mortgage with the bank.

• 98 TARP Recipients Close To Failure; Citigroup’s Chairman Gives Reasons Citigroup Should Be Broken Up