Streaming Football for $40.40

As an followup to the streaming football games post from last year.    Live247.tv just posted a deal for 6 months for $40.40 using the coupon code NFL4ME when you sign-up with this link.

Financial Podcasts

In my eyes a podcast is just an MP3 file. I use a tiny $20 SanDisk Sansa Clip MP3 Player to listen to music, audio books and podcasts. I use Winamp to sync the mp3s to the player. I use google reader to manage the RSS feed. Here is a list of financial related podcasts that do not have any of the mainstream media nonsense and interruptions.

Main Website	RSS	Info
King World News	Link	Around 5 interviews per week, each 10-25 mins long.
Financial Sense Newshour	Link	Around 5 interviews per week, each 15-30 mins long.
Goldseek.com Radio	Link	2 interviews released mid-week.
The Lew Rockwell Show	Link	~15 mins long released on Tues.
S&A Investor Radio	Link	45-60 mins released on Weds.
The Disciplined Investor	Link	1 hour long released Sunday Nights
DH-Unplugged	Link	1 hour long released on Weds.

No Job, free home for 1 year?

"Starting August 1st, the Federal Housing Administration will extend the forbearance period for unemployed homeowners in its programs from three or four months to a full year. That'll allow qualified homeowners to miss payments for 12 months before the foreclosure process begins."
http://www.usatoday.com/money/economy/housing/2011-07-06-help-for-unemployed-homeowners_n.htm#

http://www.makinghomeaffordable.gov

So, collect an unemployment check and not have to pay your mortgage for 1 year now?!? What a mess. They really do not want to flood the market with foreclosures. What is wrong with renting?

Gold/Silver vs. 70+ fiat currencies

Enough said. Gold and silvers % gain/loss vs. 70+ fiat currencies in the first 6 months of 2011. What liquid saving account offered 5.7% interest?

http://goldsilver.com/re/includes/modules/print_new.php?id=12946

High-Interest Savings Accounts vs. Real Inflation Rate

http://lifehacker.com/5817597/five-best-banks-for-high+interest-savings-accounts list top five savings rates as:
Capital One: 1.10% (minimum $1,000 balance)
Ally: 1.04%
SmartyPig: 1.10%
ING Direct: 1.00%
Discover: 1.15% (minimum $500 balance)

The top five are under 1.25%. Meanwhile, the real inflation rate http://www.shadowstats.com/alternate_data/inflation-charts as of May is 11%

If you were to store $1,000 USD of fiat currency for one year with the "best" saving bank you would have $1,011.50 or a gain of $11.50
If the real rate of inflation is 11%, that mean you are losing 10% of your purchasing power per year. I can see why this is a hidden tax as your saving account does not display a loss of 10% or $100

If you look at Gold's % Annual Change http://www.goldmoney.com/gold-research/gold-rises-in-2010-to-end-a-stellar-decade.html?print it has averaged 18.4% from 2001-2010. You would have not only maintained your purchasing power, but increased it. For those who say gold is risky, this displays saving fiat currency is risky.

Confluence of technicals = ~1440 the summer bottom in gold?

The 1^st chart shows gold has bounced of the 150 day simple moving average (SMA) since the summer of 2009.

The 2^nd chart adds the Fibonacci retracements measure from each year's winter lows to spring highs. The rule is buy the 50% retracement. The target is the -23.6% retracement. The stop loss is a break of the 61.8% retracement.

Will gold repeat 2010 of where the 150 day SMA meets the yearly 50% retracement to mark the bottom for gold? I think so. I will be a buyer in the 1425-1450 range. If I am wrong and gold breaks 1400, then I will still have extra USD's on standby to buy it even cheaper.