Cassandra Gemini

I'm still waiting for my gold trading deposit to clear so in the meantime here is something different.

This is my favourite Mars Volta song at the moment, I wanted to embed it here but its been disabled, so just click the link and enjoy!

Click here for noise

Warning this song is 30 minutes of pure epic eargasms, turn volume to max!

Annual Appraisal

I had my annual appraisal with my boss today, It went pretty well, he seem pleased with the work I've done this year and he says I can go on a training course. I'm thinking of doing a course in .NET 4.0, as I already have the certification in .NET 3.5 I can just do the upgrade.

I will find out tomorrow what kind of pay rise I'm getting, I hope its massive!

A Silver Bullet

As promised I registered for a gold and silver trading account. I signed up to GoldMoney.com, the registration process was arduous to say the least as I had to give them my driving license, bank details, life story etc. Other than that I would recommened giving it a go if you've got a bit of spare cash to lose.*

Now I will have to wait a few days before I can start trading until my deposit clears, in the mean time here are some reasons why I've decided to invest in silver:

• Its cheaper than gold so I get more bang for my buck.
• I'm diversifying my portfolio, I've got stocks, bonds and cash so who can say no to precious metals.
• A hedge against inflation (keep printing those dollars).
• No counterparty risk, a piece of metal can't go bust unlike companies and countries!

Once my deposit has gone through expect another update.

* Always seek professional financial advice before making any investment decisions, I am not an expert!

Back to the Gym

So I went to the gym today at lunch, this was the first time in three weeks since I went on holiday. It was hard going to motivate myself but I went and feel much better for it. Those three weeks out means that I'm back to the beginning again. ah well.

In other news I'm thinking of opening a gold and silver trading account. Now I can't afford an ounce of gold at $1800 but I should be able be able to get a bit of silver, I just hope the US goes into hyperinflation and I'll be rolling in it.

Check tomorrow for an update!

Peter Schiff Bankers Speech

Just saw this video of Peter Schiff in 2006 predicting the whole credit crunch thing, pretty interesting stuff he got quite a lot of it spot on. Have a look:

New Premiership Season

The new season kicks off today, here are my predictions:

Top 6:
Manchester United
Chelsea
Manchester City
Liverpool
Tottenham
Arsenal

Bottom 3:
QPR
Wigan
Swansea

Let me know what you think!

Investment Report

So got my investment report recently, its grown by 20% year ending July. Since then in August the markets have dropped by about the same amount, am I mad? Not really, I'm buying and not going to sell for a few years. You know the golden rule, buy low sell high!

In other news the US Federal Reserve expects to keep interest rates on hold at 0-0.25% for another 2 years, it looks like the UK will follow suit. I don't know about you but I've been feeling a reduction in my spending power with inflation officially around 5% (personally it feels more around 10-15%).

A rise in interest would help this but it doesnt look like its going to happen. I say put it up 2-3% over the next year and get people saving, if people lose their houses making repayments at this rate then they shouldn't have had the house to begin with.

Stop dragging this out and get the pain over with, put up rates now!

thoughts?

US Credit Rating

So the US got its credit rating downgraded, I guess they should have listened to Peter Schiff. Most of Europe has been on an austerity drive for years now and I guess its America's turn, I'm sure the Reps and Dems will handle cuts and tax rises in a mature manner.

If your interested in economic matter you should read Robert Preston and Stephanie Flander's blogs at the BBC. They but a max length on comments which is a shame as I found that to be the best part, but still a good read.

http://www.bbc.co.uk/news/correspondents/robertpeston/
http://www.bbc.co.uk/news/correspondents/stephanieflanders/