Scared that the dollar won’t hold up?

Benny’s  picks & predicts BLOG

Benny … “The Smartest Cat in the Room”
benny@AskBennyTheCat.com

BENNY’s NEW PREDICTIONS
POSTED: Sunday 8/2/2009 @ 11:15pm MST-Arizona

Greetings from Sedona, Benny Fans! I got an email from Jim Cramer this week wanting me to buy his stuff! If you played my picks last week, you made money on 6 of them, lost money on 3 of them, and broke even on 1. Hey Jim, get up off the linoleum floor and send me your track record for last week!

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Hey Benny Fans, go to the Perfect Pet Feeder link below and check out who’s on their home page in a featured story…that’s right, Moi!  Week #18 of my diet and I’m continuing on my quest to lose those extra pounds I put on over the winter!  I lost over 5 pounds already!  Let’s hear some kudos for the kat!  My latest progress picture is up – so check it out!

• From the “Isn’t that a coincidence” department . . . curiously, a year before any reported case of the current alleged H1N1 flu, a major pharmaceutical company, Baxter, filed a patent for a vaccine for this exact strain of swine flu (Vaccine Patent Application US 2009/0060950 A1).  How could they have known that we would be having a “pandemic” soon?  Millions of doses containing highly toxic aluminum hydroxide are being prepared to be force-fed to the gullible American public – starting with your children in schools.  Just say “No!”  I see where someone died in China from the pneumonic plague this last week!  This is similar to the strain that caused the bubonic plague that killed over 50 million people in Europe in the 14th Century.  Too bad Baxter didn’t see this one coming.  They could have been working on a Black Death vaccine.
• Benny makes a funny department… Did you ever notice when you blow in a dog’s face, he gets mad at you?  But, when you take him for a ride in the car, he sticks his head out the window?
• I see that China didn’t show up for a couple of Treasury auctions this last week.  What’s up?  Are they getting tired of buying our debt?  Is $800 million of it enough?  Getting scared that the dollar won’t hold up?  I think that the Chinese delegation that was in D.C. recently was here to tell the boys (and girls) who don’t know what to do about the financial mess they started that they should start guaranteeing U.S. debt with other collateral.  Maybe some of our prime farm land?  Or maybe some of our prime, urban real estate like dead-broke bank and corporate high-rise office buildings?  Or, here’s an idea – guarantee our debt with the gold in Ft. Knox.  If it’s still there.  And when Hillary went to China recently, did I hear a report that they called her a “school girl?”  Of course, you didn’t hear any of this on the news, did you?
• Benny’s real estate bailout plan department . . .  Since so many people now owe more on their home than it’s worth and the banks aren’t returning their calls for help (except for Michelle Caruso-Cabrera who just refinanced and who could come stay with me if she needed a place to crash), Benny has a plan for you to eventually own the home of your dreams.  If you have been faithfully paying your high mortgage payment on a piece of property that drops daily in price, stop paying on it!  Take that mortgage payment money and buy gold and silver instead.  Find a place to rent as cheap as possible (or move in with your kids) and put the difference between the rent money and the old mortgage payment into gold and silver each month.  Then, in a few years, take the profits you made on metals and go pay cash for your old house for half or less of what you owed on it!  Look at all the money you saved!
• Read about how all asset classes are in a free-fall at this way cool site where I go to get all my “secret” information!
• Watch for these stocks to go up… ABX (Barrick Gold), GDX (Market Vectors Gold Miners ETF), SCHN (Schnitzer Steel), CLH (Clean Harbors Inc.), and NEM (Newmont Mining).
• And here’s my “dogs” for the week (notice they call bad performing stocks dogs!) . . . GENZ (Genzyme), CEC (Seed of Chucky Entertainment),  FSLR (First Solar), AZO (AutoZone), and DNB (Dun and Bradstreet).
• Here’s a head’s up, Benny Fans!  I read in the CR News Reports© (the source for my wisdom) where if you sign up for a subscription you get a free bonus!  I love free almost as much as I love Yellowfin Tuna Florentine.  Check it out and maybe you’ll be the “Smartest Cat In The Room!”
• Did you ever realize that the news is never new?  It’s a history lesson by the time you receive it.  Get the News Before It Happens…..Click on this link . . . www.CRNewsReports.com . . . and sign up for the FREE 14-Day Free Trial.  Your Life, predicted ahead of time!  Finances, Career, Relationships, World Events and more! Why wake up to the news when you can get the news that wakes up the World?
• When all the stores at the mall close up and commercial real estate developers are insolvent, what will we do with that space?  Find out at this blog entitled “Ghost Malls.”  You don’t want to miss this brilliant commentary.

Get the economy moving again…invest some of your money in something that will give you a long-term return – a Benny Mug!  Prove your Benny fandom and start your day with a giggle!  . . . Meow for Now! . . . Benny.

Start my FREE Trial to the CR News Reports© TODAY (no Credit Card req.)

Tags: bailout plan, Jim Cramer, Michelle Caruso-Cabrera, refinanced, track record, Treasury auctions