American politicians

These people would epitomize the foolishness of politics when it comes to making sensible decision. The biggest problem with democracy is the voting system. You need the voters to perceive that you are acting in their interest for that electorate. The next consideration is the interest of your party because your party chose you to run for the spot. So what do you care about the nation's well-being if you wish to keep your job?

But while the fools are squabbling and the markets are burning down, this may prove to be the best short period to buy stocks. The USA cannot afford to let its status as a financial beacon to topple over. China will stop investing its surplus cash there... and may even put it in Australia.

On Monday, the ASX will fall significantly. Since it is the start of the month, I might get some dough to buy for my super fund. What better to buy than gold producer stocks! The POG has risen in uncertain times. Yet for me, an amateur, it is CERTAIN that the USA has to resolve its impasse and the stupid politicians have to think with their brains (not arseholes).... and wallets. I hope if she defaults on her debt, that it will be the politicians who stop getting paid first! But usually it is the lowest paid civil servants who get screwed first.

A few of my gold miners are moving into production phase or have moved into. PRU will be, ADU has just started, and quite a few have progressed with ordering their plants. And quite a few have discovered more gold. Just look at BDR.... the share price has come down 2 days after fantastic grades have been uncovered!!!!!!!!!!!! It is incredible how many idiotic sellers there are but I love them when I am not selling yet.