Money Class ONE tomorrow! Turkey Matters Starts Monday. Show on Thursday. Money Matters Update September 27, 2012.

Marc’s Notes:

A few words on our upcoming Money Class tomorrow Friday, September 28th , 11:00 AM at Alta Sierra Pizza (Old Larry’s and Lena’s Pizza) at Alta Sierra Drive off highway 49. This is class ONE for those who never took a money class from me or those wishing to take it again.

You can just show up with a check book. If you already sent in a check, we will have them with us to check you in. If you signed up with KVMR, we have the list so just show up. Cost for drop in is $199.00 per person and bring a notebook. We will feed you lunch and give you a copy of a dividend list with the class.

We show checks from the following: LJ   ADR   PT   WW   KA.  We also show about 15 or so from KVMR and heard from a few who plan to drop in.

We will see you tomorrow!

A new Super Dividend List is coming soon as well as a new free show on www.moneymanagementradio.com. Watch these updates for alerts.

Markets are flat but slipping. I expect a bounce albeit temporary now and/ or soon. Gamblers can play this bounce. Gold is up today and oil is up a tad.

Euro problems and poor economic stats are dragging the market. I fully expect Ben’s QE to work its magic over the course of the next 9 months or so but a fall may take place but not a serious one. Ben will support the markets into the election as he wants Obama to win (which he probably will) for if Romney wins (which he probably wont) Ben knows he will get fired.

 

I fully also expect taxes to go up, social spending to go up, the debt ceiling to be raised, the fiscal cliff delayed, the promised tax cuts unpromised, and business will pull back further as they fear Obama and his unknown policies. Inflation will increase and there will be even more poor in a years time, and even more in 2 years time. Unemployment will not pick up in the private sector due to their unwillingness to commit because of Obama taxes and uncertainty but jobs will be added in government and infrastructure. In fact, infrastructure will be the next go to thing for Washington. Expect massive spending on this which does create jobs but only temporarily. Then the unemployment leaps when the spending stops but the debt remains. The debt ceiling will be raised and the deficit will continue to go higher at an even faster clip and the Federal Reserves balance sheet (which reflects all the toxic mortgages they are buying from the banks) will grow ever larger. The US dollar will rally in bad times but overall will fall in value over the years. Gold, oil and silver will rally and fall only to end up higher in year’s time.

 

Inflation cometh. The Dollar will plummeth.

Money Matters airs next Thursday, October 4th at noon on KVMR FM.

Turkey Matters starts MONDAY but you can send in your check now. Turkey Matters is where I match your funds to buy turkeys for the needy at the NC FOOD BANK of INTERFAITH FOOD MINISTRIES. Every dollar you send in makes me give them one too!

Join with me to make your Thanksgiving great! Feed thousands and know on Turkey day many, many families will eat thanks to you! Mail check made out to the either the Nevada County Food bank or Interfaith Food Ministries and I will deliver it to them mid November with a matching check from my own pocket. (I will match up to $10,000.00)

Mail to: PMB 101, 578 Sutton Way, Grass Valley, CA 95945

All for now,

Marc