Wednesday, August 1, 2012

Q&A: Y!A and Glennites: What should I do? | Gold Investment ...

Q: Y!A and Glennites: What should I do?

About two months ago, I was watching the Glenn Beck show. In between adjusting my tin foil hat (I though I was picking up signals that the Government was trying to read my thoughts), and I heard Glenn Beck tell me that only real Americans buy Gold, and that soon the Obama administration would transform into Satan and kill off everyone and that the dollar would be worthless and gold would be the only thing of value. Believing what I heard to be a little bit of secret insider trading, and being the true patriot I am I decided to invest enough money to buy a pound of gold from the man who has never lied.

So I bought 12 troy ounces of gold (or 1 gold pound for all you noobs who don?t that a gold pound is different then a regular pound (thank you Mr. Wonderful Glenn Beck)) from Goldline (Glenn Beck recommended them to me) which cost $ 13,752. So today I was checking my investment believing hell we had a terrorist attack almost a week ago, Obama is about to become Hitler Junior this gold must be like $ 2000 an ounce now and I?ll be living pretty while all the sheeps and Jews ride their dollar into the ground. However, I noticed that gold is now $ 1092 per ounce, meaning my 1 pound of gold is now $ 13,104. Mr Glenn Beck help me I don?t know what your red phone number is to call you to find out what I should do?

Does anyone know what I should do?

Answer:

You lost a lot less than the dollar has. That?s why gold is considered a safe haven.

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Source: http://www.goldsenze.com/qa-ya-and-glennites-what-should-i-do/

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Mexico accuses U.S. of price dumping on chicken

MEXICO CITY (Reuters) - Mexico's economy ministry on Tuesday accused the United States of engaging in price dumping with its chicken exports, but said it would not be taking any action for now.

In a statement, the ministry said it had concluded that U.S. exporters were guilty of engaging in an "unfair" trade practice with its sales of chicken legs and thighs to Mexico. It did not provide additional details of its findings.

The ministry's foreign trade commission COCEX said it would not pursue retaliatory measures because of disruptions caused by a recent outbreak of bird flu in western Mexico.

Chicken prices have risen due to the bird flu outbreak and any decision to impose anti-dumping tariffs would require further action from the commission, the ministry said.

The major U.S. chicken exporters association disputed the Mexican government's assertion.

"We have maintained from the beginning that we are not dumping product," James Sumner, president of the USA Poultry and Egg Export Council, told Reuters.

He added that it was "in the best interest of the United States and Mexico to avert any major trade disruptions."

In a separate trade dispute, the U.S. Commerce Department on Monday set preliminary anti-dumping duties on about $1 billion of washing machine imports from Mexico and South Korea.

(Reporting By Adriana Barrera and David Alire Garcia; Editing by Gary Hill)

Source: http://news.yahoo.com/mexico-accuses-u-price-dumping-chicken-000725109.html

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