HTTP/1.1 200 OK
Server: nginx
Date: Mon, 07 May 2012 21:38:04 GMT
Content-Type: text/html; charset=UTF-8
Connection: close
Vary: Accept-Encoding
Vary: Cookie
X-hacker: If you're reading this, you should visit automattic.com/jobs and apply to join the fun, mention this header.
X-Pingback: http://righteousinvestor.com/xmlrpc.php
Link: <http://wp.me/pHiSf-Vf>; rel=shortlink

<!DOCTYPE html>
<html dir="ltr" lang="en">
<head>
<meta charset="UTF-8" />
<meta name="viewport" content="width=device-width" />
<title>Is it time to buy US? I. Studying the fundamentals | The Righteous Investor</title>
<link rel="profile" href="http://gmpg.org/xfn/11" />
<link rel="stylesheet" type="text/css" media="all" href="http://s1.wp.com/wp-content/themes/pub/reddle/style.css?m=1332949577g" />
<link rel="pingback" href="http://righteousinvestor.com/xmlrpc.php" />
<!--[if lt IE 9]>
<script src="http://s1.wp.com/wp-content/themes/pub/reddle/js/html5.js?m=1322254433g" type="text/javascript"></script>
<![endif]-->

		<script src='http://r-login.wordpress.com/remote-login.php?action=js&amp;host=righteousinvestor.com&amp;id=10320659&amp;t=1336426684&amp;back=righteousinvestor.com%2F2011%2F03%2F05%2Fis-ittime-to-buy-us%2F' type="text/javascript"></script>
		<script type="text/javascript">
		/* <![CDATA[ */
			if ( 'function' === typeof WPRemoteLogin ) {
				document.cookie = "wordpress_test_cookie=test; path=/";
				if ( document.cookie.match( /(;|^)\s*wordpress_test_cookie\=/ ) ) {
					WPRemoteLogin();
				}
			}
		/* ]]> */
		</script>
		<link rel="alternate" type="application/rss+xml" title="The Righteous Investor &raquo; Feed" href="http://righteousinvestor.com/feed/" />
<link rel="alternate" type="application/rss+xml" title="The Righteous Investor &raquo; Comments Feed" href="http://righteousinvestor.com/comments/feed/" />
<link rel="alternate" type="application/rss+xml" title="The Righteous Investor &raquo; Is it time to buy US? I. Studying the&nbsp;fundamentals Comments Feed" href="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/feed/" />
<script type="text/javascript">
/* <![CDATA[ */
function addLoadEvent(func){var oldonload=window.onload;if(typeof window.onload!='function'){window.onload=func;}else{window.onload=function(){oldonload();func();}}}
/* ]]> */
</script>
<link rel="stylesheet" href="http://s0.wp.com/wp-content/themes/h4/global.css?m=1313010094g" type="text/css" />
<link rel='stylesheet' id='post-reactions-css'  href='http://s1.wp.com/wp-content/mu-plugins/post-flair/style.css?m=1335512048g&#038;ver=4' type='text/css' media='all' />
<link rel='stylesheet' id='a8c-global-print-css'  href='http://s2.wp.com/wp-content/mu-plugins/global-print/global-print.css?m=1335386953g&#038;ver=20120418' type='text/css' media='print' />
<script type='text/javascript' src='http://s0.wp.com/wp-includes/js/jquery/jquery.js?m=1333391137g&#038;ver=1.7.2'></script>
<script type='text/javascript' src='http://s1.wp.com/wp-includes/js/comment-reply.js?m=1231878779g&#038;ver=3.4-beta4-20731'></script>
<link rel='stylesheet' id='highlander-comments-css'  href='http://s0.wp.com/wp-content/mu-plugins/highlander-comments/style.css?m=1334188075g&#038;ver=20110620' type='text/css' media='all' />
<!--[if lt IE 8]>
<link rel='stylesheet' id='highlander-comments-ie7-css'  href='http://s0.wp.com/wp-content/mu-plugins/highlander-comments/style-ie7.css?m=1307172283g&#038;ver=20110606' type='text/css' media='all' />
<![endif]-->
<link rel="EditURI" type="application/rsd+xml" title="RSD" href="http://righteousinvestor.wordpress.com/xmlrpc.php?rsd" />
<link rel="wlwmanifest" type="application/wlwmanifest+xml" href="http://righteousinvestor.wordpress.com/wp-includes/wlwmanifest.xml" /> 
<link rel='prev' title='The right of&nbsp;expatriation' href='http://righteousinvestor.com/2011/02/25/the-right-of-renunciation-of-citizenship/' />
<link rel='next' title='Society of Biblical Literature&nbsp;pro-union' href='http://righteousinvestor.com/2011/03/05/society-of-biblical-literature-pro-union/' />
<meta name="generator" content="WordPress.com" />
<link rel='canonical' href='http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/' />
<link rel='shortlink' href='http://wp.me/pHiSf-Vf' />
<link rel="alternate" type="application/json+oembed" href="http://public-api.wordpress.com/oembed/1.0/?format=json&amp;url=http%3A%2F%2Frighteousinvestor.com%2F2011%2F03%2F05%2Fis-ittime-to-buy-us%2F&amp;for=wpcom-auto-discovery" /><link rel="alternate" type="application/xml+oembed" href="http://public-api.wordpress.com/oembed/1.0/?format=xml&amp;url=http%3A%2F%2Frighteousinvestor.com%2F2011%2F03%2F05%2Fis-ittime-to-buy-us%2F&amp;for=wpcom-auto-discovery" /><meta property="og:type" content="article" />
<meta property="og:title" content="Is it time to buy US? I. Studying the&nbsp;fundamentals" />
<meta property="og:url" content="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/" />
<meta property="og:description" content="Blogging has been a great help to DIY investors.  They can formulate their own strategies in writing, see what works, and share their knowledge with others.  Bloggers often have skin in the game;..." />
<meta property="og:site_name" content="The Righteous Investor" />
<meta property="og:image" content="http://righteousinvestor.files.wordpress.com/2011/03/us-loonie1.jpg?w=300&amp;h=300" />
<link rel="shortcut icon" type="image/x-icon" href="http://0.gravatar.com/blavatar/023a0f47eb7284ea727cd79799112383?s=16" sizes="16x16" />
<link rel="icon" type="image/x-icon" href="http://0.gravatar.com/blavatar/023a0f47eb7284ea727cd79799112383?s=16" sizes="16x16" />
<link rel="apple-touch-icon-precomposed" href="http://0.gravatar.com/blavatar/e7d1ad982f89f48c14484decb99f72b7?s=114" />
<link rel='openid.server' href='http://righteousinvestor.wordpress.com/?openidserver=1' />
<link rel='openid.delegate' href='http://righteousinvestor.wordpress.com/' />
<link rel="search" type="application/opensearchdescription+xml" href="http://righteousinvestor.com/osd.xml" title="The Righteous Investor" />
<link rel="search" type="application/opensearchdescription+xml" href="http://wordpress.com/opensearch.xml" title="WordPress.com" />
<style type="text/css">.recentcomments a{display:inline !important;padding: 0 !important;margin: 0 !important;}</style>
<meta name="application-name" content="The Righteous Investor" /><meta name="msapplication-window" content="width=device-width;height=device-height" /><meta name="msapplication-tooltip" content="&quot;His master said to him, ‘Well done, good and faithful servant; you have been faithful over a little, I will set you over much; enter into the joy of your master.&#039;&quot;" /><meta name="msapplication-task" content="name=Subscribe;action-uri=http://righteousinvestor.com/feed/;icon-uri=http://0.gravatar.com/blavatar/023a0f47eb7284ea727cd79799112383?s=16" /><meta name="msapplication-task" content="name=Sign up for a free blog;action-uri=http://wordpress.com/signup/;icon-uri=http://s2.wp.com/i/favicon.ico" /><meta name="msapplication-task" content="name=WordPress.com Support;action-uri=http://support.wordpress.com/;icon-uri=http://s2.wp.com/i/favicon.ico" /><meta name="msapplication-task" content="name=WordPress.com Forums;action-uri=http://forums.wordpress.com/;icon-uri=http://s2.wp.com/i/favicon.ico" />
<style type='text/css'>
table.recentcommentsavatar img.avatar {border: 0px; margin:0;}
table.recentcommentsavatar a {border: 0px !important;background-color: transparent !important}
td.recentcommentsavatartop {padding:0px 0px 1px 0px;margin:0px; }
td.recentcommentsavatarend {padding:0px 0px 1px 0px;margin:0px; }
td.recentcommentstexttop { border: none !important;padding:0px 0px 0px 10px;}
td.recentcommentstextend { border: none !important;padding:0px 0px 2px 10px;}
</style>	<style type="text/css">
	#masthead img {
		float: left;
	}
			#site-description {
			color: #777 !important;
		}
				#header-image {
			margin-bottom: 3.23em;
		}
		</style>
	<style type="text/css">
body.custom-background { background-color: #4f4f4e; }
</style>
</head>

<body class="single single-post postid-3549 single-format-standard custom-background primary secondary fluid highlander-enabled highlander-light">
<div id="page" class="hfeed">
	<header id="masthead" role="banner">
		<hgroup>
			<h1 id="site-title"><a href="http://righteousinvestor.com/" title="The Righteous Investor" rel="home">The Righteous Investor</a></h1>
			<h2 id="site-description">&quot;His master said to him, ‘Well done, good and faithful servant; you have been faithful over a little, I will set you over much; enter into the joy of your master.&#039;&quot;</h2>
		</hgroup>

		
			</header><!-- #masthead -->

	<div id="main">
		<div id="primary">
			<div id="content" role="main">

			
					<nav id="nav-above">
		<h1 class="assistive-text section-heading">Post navigation</h1>

	
		<div class="nav-previous"><a href="http://righteousinvestor.com/2011/02/25/the-right-of-renunciation-of-citizenship/" rel="prev"><span class="meta-nav">&larr;</span> The right of&nbsp;expatriation</a></div>		<div class="nav-next"><a href="http://righteousinvestor.com/2011/03/05/society-of-biblical-literature-pro-union/" rel="next">Society of Biblical Literature&nbsp;pro-union <span class="meta-nav">&rarr;</span></a></div>
	
	</nav><!-- #nav-above -->
	
				
<article id="post-3549" class="post-3549 post type-post status-publish format-standard hentry category-economy category-investment-tips tag-carry-trade-currency tag-commodity-inflation tag-dennis-gartman tag-devon-shire tag-financial-post tag-horizens-alphapro-gartman-fund tag-hyperinflation tag-inflation tag-loonie tag-robert-prechter tag-us-dollar">
		<header class="entry-header">
		<h1 class="entry-title">Is it time to buy US? I. Studying the&nbsp;fundamentals</h1>

				<div class="entry-meta">
			<span class="byline">Posted by <span class="author vcard"><a class="url fn n" href="http://righteousinvestor.com/author/petrostelos/" title="View all posts by Petros" rel="author">Petros</a></span></span><span class="sep"> &mdash; </span><span class="entry-date"><time datetime="2011-03-05T09:59:28+00:00" pubdate>March 5, 2011</time></span>		</div><!-- .entry-meta -->
		
				<p class="comments-link"><a href="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/#comments" title="Comment on Is it time to buy US? I. Studying the&nbsp;fundamentals">3</a></p>
			</header><!-- .entry-header -->

		<div class="entry-content">
		<p>Blogging has been a great help to DIY investors.  They can formulate their own strategies in writing, see what works, and share their knowledge with others.  Bloggers often have skin in the game; it might not be very much skin, as many are not rich people, but they are real investors and not like young journalists who don&#8217;t really have much hands on experience with trading or owning anything more elaborate than index or mutual funds in their RRSP accounts.</p>
<p>One of the clear reasons for thinking that many financial journalists are not particularly knowledgable about investing is that they are always engaging the advice of &#8220;experts&#8221; who are wrong most of the time.  <a href="http://www.gurufocus.com/news.php?id=123917" target="_blank">Blogger Devon Shire is hypercritical of Robert Prechter</a>, whose predictions are often dead wrong.  Another famous talking head is Dennis Gartman, whose own fund, HAG.TO, has remained essentially static since the fund began in 2009 while the stock indexes have greatly improved.  So why is this guy on TV?  He&#8217;s doing worse than an ING Direct savings account, where at least your money gets 1.5% interest.  <a href="http://www.theglobeandmail.com/globe-investor/investment-ideas/features/vox/gartman-fund-needs-less-talk-more-action/article1382247/" target="_blank">The original investors of his HAG&#8217;s IPO at $10.00</a> are still 35 cents below water.  In the meantime, the Dow Jones and the TSX are both up about 60%.  How can a fund lose money in these conditions?  Why does Dennis Gartman get on TV and why do so many financial advisers read his famous Gartman Letter?  I think it may be because the journalists and the advisors are themselves incompetent.  At least all the many sheep following Warren Buffet around can say he is the best investor of all time.  A proven track record is actually a sign of competence.  But what proves that Gartman or Prechter know what they are talking about?</p>
<p>Bloggers, who have skin in the game and gain experience as they go, thus contrast with financial journalists.  Consider the Financial Post&#8217;s John Shmuel has a column with the title, <a href="http://business.financialpost.com/2011/03/04/lofty-loonie-spells-buy-opportunity-for-u-s-stocks/" target="_blank">&#8220;Lofty loonie spells buy opportunity&#8221;</a>; but just a few weeks ago, he&#8217;s done columns on why Canadian stocks will outperform.  So why would he change his mind?&#8211;Or does he even see the contradiction? Well, as a journalist, he&#8217;s not actually trying to present a coherent strategy but information as it comes to him.  So I find that journalists can be great sources of information but terrible sources for eking out an investment strategy.  Why does Shmuel think that the lofty loonie spells a buying opportunity for US equities?  It seems for no better reason than that loonie is at a three year high.</p>
<p>Well, I did a few blogs about how and why I short the US dollar by using leverage in my US margin account to buy Canadian gold mining or oil and gas companies (e.g., abx, gg, erf, pwe, pgh).  The dividends from the oil and gas companies cover the interest charges and some.  Later, I added the selling of put options on the same equities, and reduced my overall cost of carry, because the leverage is now pushed off to some time in the future and I don&#8217;t actually have to pay interest on it today.  Has this strategy worked?  Extremely well.  Now that the loonie is at a three year high, will I now go long on the greenback or US equities as Shmuel&#8217;s article advises?  I don&#8217;t think so.  Consider the following chart (source Yahoo! Finance, straight line is mine):</p>
<p><a href="http://finance.yahoo.com/echarts?s=USDCAD=X+Interactive#chart2:symbol=usdcad=x;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined"><img class="alignnone size-full wp-image-3551" title="US loonie" src="http://righteousinvestor.files.wordpress.com/2011/03/us-loonie1.jpg?w=800" alt=""   /></a></p>
<p>What we see is that the loonie hit a low of $1.61 in 2002 and has basically improved in a nine year trend against a dollar.  Once the extremes of 2008-2009 are removed, a secular trend emerges which would suggest that the greenback will continue to move down against the loonie unless the fundamentals that caused this trend are changed.  If we looked at gold or oil against the dollar, we will see the same trend.  What we are seeing in the chart is US dollar inflation.  Not that the loonie is much better, but what happens in periods of inflation is that the cost of commodities rise.  Since the Canadian dollar depends so much on commodities, then whither commodities so the loonie.  If the price of commodities is increased by the inflation of the US dollar, can we expect this trend to reverse?  I think so if any of the following events were to happen:</p>
<p style="padding-left:30px;">(1) If Bernanke gives up QE.</p>
<p style="padding-left:30px;">(2) If Stephen Harper announces a deficit budget in the order of 150 billion or more (its is currently projected at 45.4 billion).</p>
<p style="padding-left:30px;">(3) If the US Congress makes serious cuts or attempts to balance the US federal budget.</p>
<p style="padding-left:30px;">(4) If the Chinese and other foreign investors decide to abandon Canada.</p>
<p>Let&#8217;s discuss each of these issues:</p>
<p>(1) <strong>If Bernanke gives up QE. </strong>I fully expect him to announce QE 3 in the next few months.  If he doesn&#8217;t continue to implement QE then the US government will have to make serious cuts of a trillion or so dollars from its current spending.</p>
<p>(2) <strong>If Stephen Harper announced a deficit budget in the order of 150 billion or more</strong>.  The Canadian population is about 1/10th that of the USA.  Therefore, the Canadian deficit would have to reach 150 billion in order to match the magnitude of the US deficits of 1.5 trillion.  I don&#8217;t see this happening under Harper&#8217;s watch.  In fact the trend is that <a href="http://www.ecanadanow.com/canada/2011/02/26/canadian-federal-deficit-shrinks/comment-page-1/" target="_blank">the deficit is dropping in Canada</a>.</p>
<p>(3) <strong>If the US Congress makes serious cuts or attempts to balance the US federal budget. </strong>This won&#8217;t happen until a cost cutting president gets elected.  It may actually never happen.  But the new Republican House is arguing over small cuts which won&#8217;t make any difference in a 1.5 trillion or so deficit.  Cut a few hundred billion out of that, and you are still over $1 trillion.</p>
<p>(4) <strong>If the Chinese and other foreign investors decide to abandon Canada. </strong>Right now, China, Korea, Thailand, Japan are all pouring money into Canadian resources.  Heck, foreigners are even buying our sovereign debt.  I see this trend continuing, as Canada has what these economies need, commodities.</p>
<p>The economy in the US is bad.  I&#8217;ve lost money in the US in a bad real estate deal started in 2008.  You won&#8217;t see me fall into that trap again unless the secular trends change.  My feeling is that my reasons for shorting the US dollar haven&#8217;t changed because the loonie has improved to $1.03 US.  This is a sign of secular trend not a buying opportunity for US stocks.</p>
<p>And if you ask me why I expatriated from the US?  I&#8217;ll tell you now that it&#8217;s so that at least one of my dad&#8217;s four children will still be able to take care of him in his old age.</p>
<p>Update:  Why pick on the Financial Post and John Shmuel?  David Berman has a similar article at the Globe &amp; Mail: &#8220;<a href="http://www.theglobeandmail.com/globe-investor/markets/markets-blog/bruised-greenback-an-opportunity-for-canadian-investors/article1930688/comments/" target="_blank">Bruised greenback an opportunity for Canadian investors.</a>&#8221;  Like Shmuel, he makes it clear that the US dollar is at a low but doesn&#8217;t seem to deal with any of the secular trends that put it there and then irrationally states:</p>
<blockquote><p>It seems likely that the worst of the freefalling is over, given that the factors that drove the dollar down – including massive deficits and stimulative monetary policies – will probably move in reverse as the economy improves.</p></blockquote>
<p>But he provides no actual proof that the US economy is improving.  That&#8217;s just baseless optimism as far as I can see.  Personally, I doubt that the damage of the QE that Bernanke&#8217;s already done has run its course.  Some inflationistas believe that when the economy actually improves, that&#8217;s when we will see the full effect of monetary inflation, because then velocity and credit will also expand.</p>
<div class="sharedaddy sd-like-enabled"><div class="wpl-likebox sd-block sd-like"><h3 class="sd-title">Like this:</h3><div class="sd-content"><div id="like-3549" class="wpl-button "><a href='http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/?like=1&amp;_wpnonce=254a955943' title='I like this post' class='like needs-login sd-button' rel='nofollow'><span>Like</span></a></div><div class="wpl-count sd-like-count">Be the first to like this post.</div></div></div></div>			</div><!-- .entry-content -->
	
		<footer class="entry-meta">
								<p class="cat-links taxonomy-links">
				Posted in <a href="http://righteousinvestor.com/category/economy/" title="View all posts in economy" rel="category tag">economy</a>, <a href="http://righteousinvestor.com/category/investment-tips/" title="View all posts in investment tips" rel="category tag">investment tips</a>			</p>
			
						<p class="tag-links taxonomy-links">
				Tagged <a href="http://righteousinvestor.com/tag/carry-trade-currency/" rel="tag">carry trade currency</a>, <a href="http://righteousinvestor.com/tag/commodity-inflation/" rel="tag">commodity inflation</a>, <a href="http://righteousinvestor.com/tag/dennis-gartman/" rel="tag">Dennis Gartman</a>, <a href="http://righteousinvestor.com/tag/devon-shire/" rel="tag">Devon Shire</a>, <a href="http://righteousinvestor.com/tag/financial-post/" rel="tag">Financial Post</a>, <a href="http://righteousinvestor.com/tag/horizens-alphapro-gartman-fund/" rel="tag">Horizens AlphaPro Gartman Fund</a>, <a href="http://righteousinvestor.com/tag/hyperinflation/" rel="tag">hyperinflation</a>, <a href="http://righteousinvestor.com/tag/inflation/" rel="tag">inflation</a>, <a href="http://righteousinvestor.com/tag/loonie/" rel="tag">loonie</a>, <a href="http://righteousinvestor.com/tag/robert-prechter/" rel="tag">Robert Prechter</a>, <a href="http://righteousinvestor.com/tag/us-dollar/" rel="tag">US dollar</a>			</p>
					
		<p class="date-link"><a href="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/" title="Permalink to Is it time to buy US? I. Studying the&nbsp;fundamentals" rel="bookmark" class="permalink"><span class="month">Mar</span><span class="sep">&middot;</span><span class="day">05</span></a></p>

			</footer><!-- #entry-meta -->
	</article><!-- #post-3549 -->

					<div id="comments">
	
	
			<h2 id="comments-title">
			3 thoughts on &ldquo;<span>Is it time to buy US? I. Studying the&nbsp;fundamentals</span>&rdquo;		</h2>

		
		<ol class="commentlist">
				<li class="comment even thread-even depth-1 highlander-comment" id="li-comment-769">
		<article id="comment-769" class="comment">
			<footer>
				<div class="comment-author vcard">
					<img alt='' src='http://1.gravatar.com/avatar/10a5cbef09d71e7a4eaa9419d754edd2?s=47&amp;d=identicon&amp;r=G' class='avatar avatar-47' height='47' width='47' />					<cite class="fn"><a href='http://www.101centavos.com' rel='external nofollow' class='url'>101 Centavos</a></cite>
				</div><!-- .comment-author .vcard -->
				
				<div class="comment-meta commentmetadata">
					<a class="comment-time" href="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/#comment-769"><time pubdate datetime="2011-03-06T21:07:50+00:00">
					March 6, 2011 at 9:07 pm					</time></a>
									</div><!-- .comment-meta .commentmetadata -->
			</footer>

			<div class="comment-content"><p>Excellent article, PW.<br />
Financial reporters just parrot the news of the day, and rarely display any actual insight.</p>
</div>

			<div class="reply">
				<a class='comment-reply-link' href='/2011/03/05/is-ittime-to-buy-us/?replytocom=769#respond' onclick='return addComment.moveForm("comment-769", "769", "respond", "3549")'>Reply</a>			</div><!-- .reply -->
		</article><!-- #comment-## -->

	<ul class='children'>
	<li class="comment byuser comment-author-petrostelos bypostauthor odd alt depth-2 highlander-comment" id="li-comment-770">
		<article id="comment-770" class="comment">
			<footer>
				<div class="comment-author vcard">
					<img alt='' src='http://1.gravatar.com/avatar/9698bf608ed99d0d4aa36e654d8c3f12?s=23&amp;d=identicon&amp;r=G' class='avatar avatar-23' height='23' width='23' />					<cite class="fn"><a href='http://righteousinvestor.com' rel='external nofollow' class='url'>Petros</a></cite>
				</div><!-- .comment-author .vcard -->
				
				<div class="comment-meta commentmetadata">
					<a class="comment-time" href="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/#comment-770"><time pubdate datetime="2011-03-06T21:41:25+00:00">
					March 6, 2011 at 9:41 pm					</time></a>
									</div><!-- .comment-meta .commentmetadata -->
			</footer>

			<div class="comment-content"><p>Thanks Centavos!</p>
</div>

			<div class="reply">
							</div><!-- .reply -->
		</article><!-- #comment-## -->

	</li>
</ul>
</li>
	<li class="post pingback">
		<p>Pingback: <a href='http://www.101centavos.com/2011/03/06/randomized-links-3611/' rel='external nofollow' class='url'>Randomized Links &#8211; 3/6/11 | 101 Centavos</a></p>
	</li>
		</ol>

		
	
	
									<div id="respond">
				<h3 id="reply-title">Leave a Reply <small><a rel="nofollow" id="cancel-comment-reply-link" href="/2011/03/05/is-ittime-to-buy-us/#respond" style="display:none;">Cancel reply</a></small></h3>
									<form action="http://righteousinvestor.com/wp-comments-post.php" method="post" id="commentform">
																										


												
<input type="hidden" name="hc_post_as" id="hc_post_as" value="guest" />

<div class="comment-form-field comment-textarea">
	<label for="comment">Enter your comment here...</label>
	<div id="comment-form-comment"><textarea id="comment" name="comment"></textarea></div>
</div>

<div id="comment-form-identity">

	<div id="comment-form-nascar">
		<p>Fill in your details below or click an icon to log in:</p>
		<ul>
			<li class="selected" style="display:none;">
				<a href="#comment-form-guest" id="postas-guest" title="Guest">
					<span></span>
				</a>
			</li>
			<li>
				<a href="#comment-form-load-service:WordPress.com" id="postas-wordpress" title="WordPress.com">
					<span></span>
				</a>
			</li>
			<li>
				<a href="#comment-form-load-service:Twitter" id="postas-twitter" title="Twitter">
					<span></span>
				</a>
			</li>
			<li>
				<a href="#comment-form-load-service:Facebook" id="postas-facebook" title="Facebook">
					<span></span>
				</a>
			</li>
		</ul>
	</div>

	<div id="comment-form-guest" class="comment-form-service selected">
		<div class="comment-form-padder">
			<div class="comment-form-avatar">
<a href="https://gravatar.com/site/signup/" target="_blank">				<img src="http://www.gravatar.com/avatar/ad516503a11cd5ca435acc9bb6523536?s=25&forcedefault=1&d=identicon" alt="Gravatar" width="25" class="no-grav" />
</a>			</div>

				<div class="comment-form-fields">
				<div class="comment-form-field comment-form-email">
					<label for="email">Email <span class="required">(required)</span> <span class="nopublish">(Address never made public)</span></label>
					<div class="comment-form-input"><input id="email" name="email" type="text" value="" /></div>
				</div>
				<div class="comment-form-field comment-form-author">
					<label for="author">Name <span class="required">(required)</span></label>
					<div class="comment-form-input"><input id="author" name="author" type="text" value="" /></div>
				</div>
				<div class="comment-form-field comment-form-url">
					<label for="url">Website</label>
					<div class="comment-form-input"><input id="url" name="url" type="text" value="" /></div>
				</div> 
			</div>
	
		</div>
	</div>

	<div id="comment-form-wordpress" class="comment-form-service">
		<div class="comment-form-padder">
			<div class="comment-form-avatar">
				<img src="http://s2.wp.com/wp-content/mu-plugins/highlander-comments/images/wplogo.png?m=1289230950g" alt="WordPress.com Logo" width="25" class="no-grav" />
			</div>

				<div class="comment-form-fields">
				<input type="hidden" name="wp_avatar" id="wordpress-avatar" class="comment-meta-wordpress" value="" />
				<input type="hidden" name="wp_user_id" id="wordpress-user_id" class="comment-meta-wordpress" value="" />
				<input type="hidden" name="wp_access_token" id="wordpress-access_token" class="comment-meta-wordpress" value="" />
				<p class="comment-form-posting-as pa-wordpress"><strong></strong> You are commenting using your WordPress.com account. <span class="comment-form-log-out">(&nbsp;<a href="javascript:HighlanderComments.doExternalLogout( 'wordpress' );">Log&nbsp;Out</a>&nbsp;/&nbsp;<a href="#" onclick="javascript:HighlanderComments.switchAccount();return false;">Change</a>&nbsp;)</span></p>
			</div>
	
		</div>
	</div>

	<div id="comment-form-twitter" class="comment-form-service">
		<div class="comment-form-padder">
			<div class="comment-form-avatar">
				<img src="http://www.gravatar.com/avatar/ad516503a11cd5ca435acc9bb6523536?s=25&d=identicon" alt="Twitter picture" width="25" class="no-grav" />
			</div>

				<div class="comment-form-fields">
				<input type="hidden" name="twitter_avatar" id="twitter-avatar" class="comment-meta-twitter" value="" />
				<input type="hidden" name="twitter_user_id" id="twitter-user_id" class="comment-meta-twitter" value="" />
				<input type="hidden" name="twitter_access_token" id="twitter-access_token" class="comment-meta-twitter" value="" />
				<p class="comment-form-posting-as pa-twitter"><strong></strong> You are commenting using your Twitter account. <span class="comment-form-log-out">(&nbsp;<a href="javascript:HighlanderComments.doExternalLogout( 'twitter' );">Log&nbsp;Out</a>&nbsp;/&nbsp;<a href="#" onclick="javascript:HighlanderComments.switchAccount();return false;">Change</a>&nbsp;)</span></p>
			</div>
	
		</div>
	</div>

	<div id="comment-form-facebook" class="comment-form-service">
		<div class="comment-form-padder">
			<div class="comment-form-avatar">
				<img src="http://www.gravatar.com/avatar/ad516503a11cd5ca435acc9bb6523536?s=25&d=identicon" alt="Facebook photo" width="25" class="no-grav" />
			</div>

				<div class="comment-form-fields">
				<input type="hidden" name="fb_avatar" id="facebook-avatar" class="comment-meta-facebook" value="" />
				<input type="hidden" name="fb_user_id" id="facebook-user_id" class="comment-meta-facebook" value="" />
				<input type="hidden" name="fb_access_token" id="facebook-access_token" class="comment-meta-facebook" value="" />
				<p class="comment-form-posting-as pa-facebook"><strong></strong> You are commenting using your Facebook account. <span class="comment-form-log-out">(&nbsp;<a href="javascript:HighlanderComments.doExternalLogout( 'facebook' );">Log&nbsp;Out</a>&nbsp;/&nbsp;<a href="#" onclick="javascript:HighlanderComments.switchAccount();return false;">Change</a>&nbsp;)</span></p>
			</div>
	
		</div>
	</div>


	<div id="comment-form-load-service" class="comment-form-service">
		<div class="comment-form-posting-as-cancel"><a href="javascript:HighlanderComments.cancelExternalWindow();">Cancel</a></div>
		<p>Connecting to %s</p>
	</div>
	
	
</div>


<div id="comment-form-subscribe"> 
	<p class="comment-subscription-form"><input type="checkbox" name="subscribe" id="subscribe" value="subscribe" style="width: auto;" tabindex="6" checked='checked'/> <label class="subscribe-label" id="subscribe-label" for="subscribe">Notify me of follow-up comments via email.</label></p><script type="text/javascript" charset="utf-8">if ( document.cookie.indexOf( 'opt-out-comm-sub-10320659=1' ) > -1 ) document.getElementById( 'subscribe' ).checked = false; </script><p class="post-subscription-form"><input type="checkbox" name="subscribe_blog" id="subscribe_blog" value="subscribe" style="width: auto;" tabindex="7"/> <label class="subscribe-label" id="subscribe-blog-label" for="subscribe_blog">Notify me of new posts via email.</label></p></div>

<script type="text/javascript">
jQuery(document).ready(function(){
	// Expando Mode: start small, then auto-resize on first click + text length
	jQuery( '#comment-form-identity' ).hide();
	jQuery( '#comment-form-subscribe' ).hide();
	jQuery( '#commentform .form-submit' ).hide();
	jQuery( '#comment' ).css( { 'height':'10px' } ).one( 'focus', function() {
		jQuery( this ).animate( { 'height':'70px' } );
		jQuery( '#comment-form-identity' ).slideDown();
		jQuery( '#comment-form-subscribe' ).slideDown();
		jQuery( '#commentform .form-submit' ).slideDown();
	});
});
</script>
												<p class="form-submit">
							<input name="submit" type="submit" id="comment-submit" value="Post Comment" />
							<input type='hidden' name='comment_post_ID' value='3549' id='comment_post_ID' />
<input type='hidden' name='comment_parent' id='comment_parent' value='0' />
						</p>
						
<input type="hidden" name="genseq" value="1336426684" />
<p style="display: none;"><input type="hidden" id="akismet_comment_nonce" name="akismet_comment_nonce" value="fd10a1aba8" /></p><script type='text/javascript' src='http://s0.wp.com/wp-content/mu-plugins/akismet-2.5/form.js?m=1308783962g&#038;ver=1'></script>
<p style="display: none;"><input type="hidden" id="ak_js" name="ak_js" value="38"/></p>					</form>
							</div><!-- #respond -->
			<div style="clear: both"></div>			
</div><!-- #comments -->

					<nav id="nav-below">
		<h1 class="assistive-text section-heading">Post navigation</h1>

	
		<div class="nav-previous"><a href="http://righteousinvestor.com/2011/02/25/the-right-of-renunciation-of-citizenship/" rel="prev"><span class="meta-nav">&larr;</span> The right of&nbsp;expatriation</a></div>		<div class="nav-next"><a href="http://righteousinvestor.com/2011/03/05/society-of-biblical-literature-pro-union/" rel="next">Society of Biblical Literature&nbsp;pro-union <span class="meta-nav">&rarr;</span></a></div>
	
	</nav><!-- #nav-below -->
	
			
			</div><!-- #content -->
		</div><!-- #primary -->


						<div id="secondary" class="widget-area" role="complementary">
				<aside id="text-4" class="widget widget_text">			<div class="textwidget"><a href="http://righteousinvestor.files.wordpress.com/2011/12/gold-coin.jpg"><img src="http://righteousinvestor.files.wordpress.com/2011/12/gold-coin.jpg" alt="" title="gold-coin.jpg" width="150" height="150" class="alignnone size-full wp-image-4506" /></a><p>
<p>
<a href="http://righteousinvestor.com/2010/03/09/the-woman-that-you-gave-me/">If I am a rich capitalist pig it is my wife's fault</a><p>
<p>
<a href="http://righteousinvestor.wordpress.com/righteous-investor-who-will-be-saved/">Who is the Righteous Investor who will be saved?</a><p>
<p>
<a href="http://righteousinvestor.wordpress.com/financial-disclaimer/">Please Read My Financial Disclaimer</a>

</div>
		</aside>		<aside id="recent-posts-2" class="widget widget_recent_entries">		<h1 class="widget-title">Recent Posts</h1>		<ul>
				<li><a href="http://righteousinvestor.com/2012/04/24/questrade-orders-not-going-to-market/" title="Questrade orders not going to&nbsp;market">Questrade orders not going to&nbsp;market</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/15/tony-robbins-video-on-usa-federal-solvency/" title="Tony Robbins video on USA Federal&nbsp;Solvency">Tony Robbins video on USA Federal&nbsp;Solvency</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/12/october-to-march-us-government-borrows-53-cents-on-every-dollar-in-budget/" title="October to March: US government borrows 53 cents on every dollar in&nbsp;&#8220;budget&#8221;">October to March: US government borrows 53 cents on every dollar in&nbsp;&#8220;budget&#8221;</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/10/price-is-a-function-of-liquidity-charles-biderman-speaks-with-chris-martenson/" title="&#8220;Price is a function of liquidity&#8221;:  Charles Biderman speaks with Chris&nbsp;Martenson">&#8220;Price is a function of liquidity&#8221;:  Charles Biderman speaks with Chris&nbsp;Martenson</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/09/stuart-varney-on-why-food-prices-have-skyrocketed-in-past-year/" title="Stuart Varney on why food prices have skyrocketed in past&nbsp;year">Stuart Varney on why food prices have skyrocketed in past&nbsp;year</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/06/civil-disobedience-in-the-face-of-desperate-government-john-rubino-video/" title="Civil disobedience in the face of desperate government:  John Rubino&nbsp;video">Civil disobedience in the face of desperate government:  John Rubino&nbsp;video</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/04/royal-banks-official-response-to-cftcs-accusations/" title="Royal Bank&#8217;s official response to CFTC&#8217;s&nbsp;accusations">Royal Bank&#8217;s official response to CFTC&#8217;s&nbsp;accusations</a></li>
				<li><a href="http://righteousinvestor.com/2012/04/03/how-to-deflect-attention-from-jon-corzine-and-mf-global-charge-a-canadian-bank/" title="How to deflect attention from Jon Corzine and MF Global:  Charge a Canadian&nbsp;bank">How to deflect attention from Jon Corzine and MF Global:  Charge a Canadian&nbsp;bank</a></li>
				<li><a href="http://righteousinvestor.com/2012/03/20/rick-rule-on-resources-especially-canadian-junior-oil-and-mining/" title="Rick Rule on resources, especially Canadian Junior Oil and&nbsp;Mining">Rick Rule on resources, especially Canadian Junior Oil and&nbsp;Mining</a></li>
				<li><a href="http://righteousinvestor.com/2012/03/14/an-historical-primer-for-the-war-of-1812/" title="An Historical Primer for the War of&nbsp;1812">An Historical Primer for the War of&nbsp;1812</a></li>
				<li><a href="http://righteousinvestor.com/2012/03/07/two-bears-explain-gas-prices/" title="Two bears explain gas&nbsp;prices">Two bears explain gas&nbsp;prices</a></li>
				<li><a href="http://righteousinvestor.com/2012/03/06/allen-stanford-lesson-the-government-doesnt-like-competition/" title="Allen Stanford lesson:  the government doesn&#8217;t like&nbsp;competition">Allen Stanford lesson:  the government doesn&#8217;t like&nbsp;competition</a></li>
				<li><a href="http://righteousinvestor.com/2012/02/28/buffet-bugs/" title="Buffet&nbsp;Bugs">Buffet&nbsp;Bugs</a></li>
				<li><a href="http://righteousinvestor.com/2012/02/17/what-does-petrobakkens-sale-of-7-of-their-bakken-business-unit-imply-about-the-value-of-the-remaining-bakken-lands/" title="What does Petrobakken&#8217;s sale of 7% of their Bakken business unit imply about the value of the remaining Bakken&nbsp;lands?">What does Petrobakken&#8217;s sale of 7% of their Bakken business unit imply about the value of the remaining Bakken&nbsp;lands?</a></li>
				<li><a href="http://righteousinvestor.com/2012/02/06/sweeter-than-honey-ii-the-purpose-of-man-according-to-the-law/" title="Sweeter than Honey II:  The purpose of man according to the&nbsp;law">Sweeter than Honey II:  The purpose of man according to the&nbsp;law</a></li>
				</ul>
		</aside><aside id="search-3" class="widget widget_search">	<form method="get" id="searchform" action="http://righteousinvestor.com/">
		<label for="s" class="assistive-text">Search</label>
		<input type="text" class="field" name="s" id="s" placeholder="Search" />
		<input type="submit" class="submit" name="submit" id="searchsubmit" value="Search" />
	</form>
</aside>		<aside id="top-posts" class="widget widget_stats_topposts">			<h1 class="widget-title">Top Posts</h1>			<ul><li><a href='http://righteousinvestor.com/2011/04/01/jonathan-lebed-and-the-national-inflation-association-on-ending-ad-hominem-attacks/'>Jonathan Lebed and the National Inflation Association: On ending ad hominem attacks</a></li><li><a href='http://righteousinvestor.com/2011/10/24/gold-versus-fiat-currency-in-the-aftermath-of-war/'>Gold versus paper currencies in the aftermath of war</a></li><li><a href='http://righteousinvestor.com/2011/02/24/renunciation-of-us-citizenship-on-avoiding-a-consular-or-diplomatic-authority-and-the-new-450-fee/'>Renunciation of US citizenship: On avoiding the new $450 renunciation fee (update 2)</a></li><li><a href='http://righteousinvestor.com/2011/04/04/money-in-ancient-egypt/'>Money in Ancient Egypt</a></li><li><a href='http://righteousinvestor.com/2012/01/29/the-mystery-of-president-obamas-social-security-number/'>The mystery of President Obama's Social Security Number</a></li><li><a href='http://righteousinvestor.com/2011/02/25/the-right-of-renunciation-of-citizenship/'>The right of expatriation</a></li><li><a href='http://righteousinvestor.com/2010/04/07/a-heloc-strategy-how-to-use-a-home-equity-line-of-credit-to-create-investment-income/'>A HELOC Strategy: How to use a home equity line of credit to create investment income</a></li><li><a href='http://righteousinvestor.com/2011/11/13/is-the-taxation-of-us-citizens-abroad-constitutional/'>Is the taxation of US citizens abroad constitutional?</a></li><li><a href='http://righteousinvestor.com/2010/03/09/the-woman-that-you-gave-me/'>The woman that you gave me</a></li><li><a href='http://righteousinvestor.com/2011/11/28/fatca-a-ticking-time-bomb-for-the-economy/'>FATCA: A Ticking Time Bomb for the Economy</a></li></ul>		</aside><aside id="linkcat-460" class="widget widget_links"><h1 class="widget-title">Blogs</h1>
	<ul class='xoxo blogroll'>
<li><a href="http://actapauli.wordpress.com/">Acta Pauli</a></li>
<li><a href="http://www.beatingtheindex.com/">Beating the Index</a></li>
<li><a href="http://valueinvestorcanada.blogspot.com/" title="Devon Shire">Canadian Value Investing</a></li>
<li><a href="http://politicsofthecrossresurrected.blogspot.com/">Craig Carter</a></li>
<li><a href="http://gonzalolira.blogspot.com" target="_blank">Gonzalo Lira</a></li>
<li><a href="http://www.halfkorean.com/">Halfkorean.com</a></li>
<li><a href="http://isaacbrocksociety.com">Isaac Brock Society</a></li>
<li><a href="http://www.mises.ca">Mises Institute of Canada</a></li>
<li><a href="http://www.thebayviewreview.com/">The Bayview Review</a></li>
<li><a href="http://petetheplanner.com/2012/04/17/a-minor-pr-disaster-for-pete-the-planner/">The other Peter Dunn (Pete the Planner)</a></li>
<li><a href="http://opinion.financialpost.com/category/wealthy-boomer/" title="Jonathan Chevreau">Wealthy Boomer</a></li>
<li><a href="http://www.zerohedge.com/">Zero Hedge</a></li>

	</ul>
</aside>
<aside id="linkcat-1805895" class="widget widget_links"><h1 class="widget-title">Investment Education</h1>
	<ul class='xoxo blogroll'>
<li><a href="http://investopedia.com/" target="_blank">Investopedia</a></li>
<li><a href="http://www.investored.ca/" title="Canadian investment education" target="_blank">InvestorED</a></li>
<li><a href="http://blog.mdwoptions.com/" title="Options Education for the Individual Investor">Options for Rookies</a></li>

	</ul>
</aside>
<aside id="linkcat-87691" class="widget widget_links"><h1 class="widget-title">Investment News</h1>
	<ul class='xoxo blogroll'>
<li><a href="http://www.bloomberg.com/?b=0&#038;Intro=intro3" target="_blank">Bloomberg</a></li>
<li><a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></li>
<li><a href="http://www.businessweek.com/" target="_blank">Business Week</a></li>
<li><a href="http://money.canoe.ca/" title="Canadian news" target="_blank">Canoe Money</a></li>
<li><a href="http://www.thedailybell.com/">Daily Bell</a></li>
<li><a href="http://dailyreckoning.com/">Daily Reckoning</a></li>
<li><a href="http://www.financialpost.com/" title="Canadian news">Financial Post</a></li>
<li><a href="http://www.forbes.com/" target="_blank">Forbes</a></li>
<li><a href="http://www.theglobeandmail.com/report-on-business/" title="Canadian news" target="_blank">Globe and Mail</a></li>
<li><a href="http://www.investors.com/NewsAndAnalysis/Default.aspx" target="_blank">Investor&#039;s Business Daily</a></li>
<li><a href="http://www.kitco.com/charts/livegold.html" title="24 hour spot gold price" target="_blank">Kitco</a></li>
<li><a href="http://www.marketwatch.com/" target="_blank">MarketWatch</a></li>
<li><a href="http://www.minyanville.com/">Minyanville</a></li>
<li><a href="http://www.economicnoise.com/" title="By Monty Pelerin, PhD in economics">Monty Pelerin&#039;s World</a></li>
<li><a href="http://finance.yahoo.com/" target="_blank">Yahoo! Finance</a></li>

	</ul>
</aside>
	<aside id="recent-comments" class="widget widget_recent_comments">		<h1 class="widget-title">Recent Comments</h1>		<table class='recentcommentsavatar' cellspacing='0' cellpadding='0' border='0'><tr><td title="Petros" class="recentcommentsavatartop" style="height:48px; width:48px"><a href='http://righteousinvestor.com' rel='nofollow'><img alt='' src='http://1.gravatar.com/avatar/9698bf608ed99d0d4aa36e654d8c3f12?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstexttop"><a href='http://righteousinvestor.com' rel='nofollow'>Petros</a> on <a href="http://righteousinvestor.com/2012/04/24/questrade-orders-not-going-to-market/#comment-1893">Questrade orders not going to&hellip;</a></td></tr><tr><td title="Jefferson D. Tomas" class="recentcommentsavatarend" style="height:48px; width:48px"><a href='http://stopunconstitutionaldoubletaxation.wordpress.com' rel='nofollow'><img alt='' src='http://0.gravatar.com/avatar/2b268570319bce75930bd65a9448b295?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstextend"><a href='http://stopunconstitutionaldoubletaxation.wordpress.com' rel='nofollow'>Jefferson D. Tomas</a> on <a href="http://righteousinvestor.com/2012/04/24/questrade-orders-not-going-to-market/#comment-1892">Questrade orders not going to&hellip;</a></td></tr><tr><td title="Petros" class="recentcommentsavatarend" style="height:48px; width:48px"><a href='http://righteousinvestor.com' rel='nofollow'><img alt='' src='http://1.gravatar.com/avatar/9698bf608ed99d0d4aa36e654d8c3f12?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstextend"><a href='http://righteousinvestor.com' rel='nofollow'>Petros</a> on <a href="http://righteousinvestor.com/2012/01/29/the-mystery-of-president-obamas-social-security-number/#comment-1891">The mystery of President Obama&hellip;</a></td></tr><tr><td title="MikeP" class="recentcommentsavatarend" style="height:48px; width:48px"><img alt='' src='http://0.gravatar.com/avatar/858c2b12c8d52e2943ba2fba4199b09f?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></td><td class="recentcommentstextend">MikeP on <a href="http://righteousinvestor.com/2012/01/29/the-mystery-of-president-obamas-social-security-number/#comment-1890">The mystery of President Obama&hellip;</a></td></tr><tr><td title="Civil disobedience in the face of desperate government: John Rubino video | The Isaac Brock Society" class="recentcommentsavatarend" style="height:48px; width:48px"><a href='http://isaacbrocksociety.com/2012/04/06/civil-disobedience-in-the-face-of-desperate-government-john-rubino-video/' rel='nofollow'><img alt='' src='http://1.gravatar.com/blavatar/5c838a461c174ed9831cfbe9901adf9b?s=48' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstextend"><a href='http://isaacbrocksociety.com/2012/04/06/civil-disobedience-in-the-face-of-desperate-government-john-rubino-video/' rel='nofollow'>Civil disobedience i&hellip;</a> on <a href="http://righteousinvestor.com/2010/12/14/printing-money-is-a-worn-out-metaphor-reflections-on-what-is-real/#comment-1865">&#8220;Printing money&#8221; i&hellip;</a></td></tr><tr><td title="Petros" class="recentcommentsavatarend" style="height:48px; width:48px"><a href='http://righteousinvestor.com' rel='nofollow'><img alt='' src='http://1.gravatar.com/avatar/9698bf608ed99d0d4aa36e654d8c3f12?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstextend"><a href='http://righteousinvestor.com' rel='nofollow'>Petros</a> on <a href="http://righteousinvestor.com/2012/03/20/rick-rule-on-resources-especially-canadian-junior-oil-and-mining/#comment-1859">Rick Rule on resources, especi&hellip;</a></td></tr><tr><td title="recalcitrantexpat" class="recentcommentsavatarend" style="height:48px; width:48px"><a href='http://recalcitrantdotme.wordpress.com' rel='nofollow'><img alt='' src='http://0.gravatar.com/avatar/ae4643d57e33445c9d52134ee71cce4d?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstextend"><a href='http://recalcitrantdotme.wordpress.com' rel='nofollow'>recalcitrantexpat</a> on <a href="http://righteousinvestor.com/2012/03/20/rick-rule-on-resources-especially-canadian-junior-oil-and-mining/#comment-1858">Rick Rule on resources, especi&hellip;</a></td></tr><tr><td title="Petros" class="recentcommentsavatarend" style="height:48px; width:48px"><a href='http://righteousinvestor.com' rel='nofollow'><img alt='' src='http://1.gravatar.com/avatar/9698bf608ed99d0d4aa36e654d8c3f12?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /></a></td><td class="recentcommentstextend"><a href='http://righteousinvestor.com' rel='nofollow'>Petros</a> on <a href="http://righteousinvestor.com/2011/04/01/jonathan-lebed-and-the-national-inflation-association-on-ending-ad-hominem-attacks/#comment-1851">Jonathan Lebed and the Nationa&hellip;</a></td></tr></table>
	</aside><aside id="blog_subscription-3" class="widget widget_blog_subscription"><h1 class="widget-title"><label for="subscribe-field">Email Subscription</label></h1>
			<form action="https://subscribe.wordpress.com" method="post" accept-charset="utf-8" id="subscribe-blog">
									<p>Enter your email address to subscribe to this blog and receive notifications of new posts by email.</p>
<p>Join 20 other followers</p>
					<p><input type="text" name="email" style="width: 95%; padding: 1px 2px" value="" id="subscribe-field"/></p>
				
				<p>
					<input type="hidden" name="action" value="subscribe"/>
					<input type="hidden" name="blog_id" value="10320659"/>
					<input type="hidden" name="source" value="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us/"/>
					<input type="hidden" name="sub-type" value="widget"/>
					<input type="hidden" name="redirect_fragment" value="blog_subscription-3" />
					<input type="hidden" id="_wpnonce" name="_wpnonce" value="e7270f5fd9" />					<input type="submit" value="Sign me up!" />
				</p>
			</form>
			
</aside><aside id="rss_links-2" class="widget widget_rss_links"><ul><li><a href="http://righteousinvestor.com/feed/" title="Subscribe to Posts">RSS - Posts</a></li><li><a href="http://righteousinvestor.com/comments/feed/" title="Subscribe to Comments">RSS - Comments</a></li></ul>
</aside><aside id="categories-2" class="widget widget_categories"><h1 class="widget-title">Categories</h1><select name='cat' id='cat' class='postform' >
	<option value='-1'>Select Category</option>
	<option class="level-0" value="10051">Bible</option>
	<option class="level-0" value="8590">economy</option>
	<option class="level-0" value="184">environment</option>
	<option class="level-0" value="8289">ethics</option>
	<option class="level-0" value="536819">investment tips</option>
	<option class="level-0" value="13924">mission</option>
	<option class="level-0" value="422">poetry</option>
	<option class="level-0" value="398">politics</option>
	<option class="level-0" value="31071501">science and medecine</option>
	<option class="level-0" value="18137">sermon</option>
	<option class="level-0" value="141893">theological education</option>
	<option class="level-0" value="3981">theology</option>
	<option class="level-0" value="1">Uncategorized</option>
</select>

<script type='text/javascript'>
/* <![CDATA[ */
	var dropdown = document.getElementById("cat");
	function onCatChange() {
		if ( dropdown.options[dropdown.selectedIndex].value > 0 ) {
			location.href = "http://righteousinvestor.com/?cat="+dropdown.options[dropdown.selectedIndex].value;
		}
	}
	dropdown.onchange = onCatChange;
/* ]]> */
</script>

</aside>			</div><!-- #secondary .widget-area -->
			
			
	</div><!-- #main -->

	<footer id="colophon" role="contentinfo">
		
<div id="supplementary" class="three">
		<div id="first" class="widget-area" role="complementary">
		<aside id="authors" class="widget widget_authors">	<h1 class="widget-title">Authors</h1>	<ul>
		<li>
			<a href="http://righteousinvestor.com/author/petrostelos/"> <img alt='' src='http://1.gravatar.com/avatar/9698bf608ed99d0d4aa36e654d8c3f12?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /> <strong>Petros</strong></a>
		</li>
		<li>
			<a href="http://righteousinvestor.com/author/andrewfulford/"> <img alt='' src='http://0.gravatar.com/avatar/83379a399110a06a75e9680aacd9551e?s=48&amp;d=identicon&amp;r=G' class='avatar avatar-48' height='48' width='48' /> <strong>Andrew</strong></a>
		</li>
	</ul>
</aside>	</div><!-- #first .widget-area -->
	
		<div id="second" class="widget-area" role="complementary">
		<aside id="text-5" class="widget widget_text"><h1 class="widget-title">Blogtalk Radio</h1>			<div class="textwidget"><a href="http://www.blogtalkradio.com/cafreeb/2011/11/12/recent-renouncing-articles-call-ins-regarding-renoucing">A recent ex-pat talks about his experience of renouncing US citizenship</a></div>
		</aside><aside id="linkcat-68340480" class="widget widget_links"><h1 class="widget-title">Renunciation of USA Citizenship</h1>
	<ul class='xoxo blogroll'>
<li><a href="http://www.aca.ch/joomla/index.php">American Citizens Abroad</a></li>
<li><a href="http://americancitizenscanada.wordpress.com">American Citizens in Canada</a></li>
<li><a href="http://www.blogtalkradio.com/cafreeb" title="One renunciant&#8217;s attempt to fight back using blog talk radio">Expat blogtalk radio</a></li>
<li><a href="http://expatsinca.wordpress.com/">Expats in Canada</a></li>
<li><a href="http://righteousinvestor.com/2011/11/28/fatca-a-ticking-time-bomb-for-the-economy/" title="Appeared in the American Thinker, November 28, 2011">FATCA: Ticking timb bomb for the economy</a></li>
<li><a href="http://isaacbrocksociety.com">Isaac Brock Society</a></li>
<li><a href="http://hodgen.com/phils-blog/" title="International Tax Lawyer specializing in FBAR">Phil Hodgen&#039;s blog</a></li>
<li><a href="http://righteousinvestor.com/tag/renunciation-of-us-citizenship/">Posts by Petros</a></li>
<li><a href="http://renounceuscitizenship.wordpress.com">Renounce US Citizenship</a></li>
<li><a href="http://www.renunciationguide.com">RenunciationGuide.com</a></li>
<li><a href="http://www.fatcareport.com/" title="Links to articles on FATCA and on Renunciation of US citizenship">The FATCA Report</a></li>
<li><a href="http://righteousinvestor.com/2011/11/15/when-government-turns-predator/" title="Appeared in the American Thinker, April 5, 2011">When government turns predator</a></li>

	</ul>
</aside>
	</div><!-- #second .widget-area -->
	
		<div id="third" class="widget-area" role="complementary">
		<aside id="wp_tag_cloud" class="widget wp_widget_tag_cloud"><h1 class="widget-title">Tags</h1><div style="overflow:hidden"><a href='http://righteousinvestor.com/tag/abortion/' class='tag-link-13538' title='7 topics' style='font-size: 9.8666666666667pt;'>abortion</a>
<a href='http://righteousinvestor.com/tag/affirmative-action/' class='tag-link-154893' title='13 topics' style='font-size: 13.755555555556pt;'>affirmative action</a>
<a href='http://righteousinvestor.com/tag/ben-bernanke/' class='tag-link-1221624' title='13 topics' style='font-size: 13.755555555556pt;'>Ben Bernanke</a>
<a href='http://righteousinvestor.com/tag/birth-certificate/' class='tag-link-816017' title='5 topics' style='font-size: 8pt;'>birth certificate</a>
<a href='http://righteousinvestor.com/tag/china/' class='tag-link-1470' title='10 topics' style='font-size: 12.044444444444pt;'>China</a>
<a href='http://righteousinvestor.com/tag/conrad-black/' class='tag-link-59720' title='5 topics' style='font-size: 8pt;'>Conrad Black</a>
<a href='http://righteousinvestor.com/tag/dave-diewert/' class='tag-link-32271433' title='8 topics' style='font-size: 10.644444444444pt;'>Dave Diewert</a>
<a href='http://righteousinvestor.com/tag/deflation/' class='tag-link-585145' title='8 topics' style='font-size: 10.644444444444pt;'>deflation</a>
<a href='http://righteousinvestor.com/tag/diy-investing/' class='tag-link-20992668' title='6 topics' style='font-size: 9.0888888888889pt;'>DIY investing</a>
<a href='http://righteousinvestor.com/tag/economics/' class='tag-link-657' title='6 topics' style='font-size: 9.0888888888889pt;'>economics</a>
<a href='http://righteousinvestor.com/tag/education-bubble/' class='tag-link-16230377' title='19 topics' style='font-size: 16.088888888889pt;'>education bubble</a>
<a href='http://righteousinvestor.com/tag/ethics/' class='tag-link-8289' title='6 topics' style='font-size: 9.0888888888889pt;'>ethics</a>
<a href='http://righteousinvestor.com/tag/fatca/' class='tag-link-31368726' title='18 topics' style='font-size: 15.777777777778pt;'>FATCA</a>
<a href='http://righteousinvestor.com/tag/fbar/' class='tag-link-9983762' title='11 topics' style='font-size: 12.666666666667pt;'>FBAR</a>
<a href='http://righteousinvestor.com/tag/global-warming/' class='tag-link-18880' title='16 topics' style='font-size: 15pt;'>global warming</a>
<a href='http://righteousinvestor.com/tag/gold/' class='tag-link-27917' title='33 topics' style='font-size: 19.666666666667pt;'>gold</a>
<a href='http://righteousinvestor.com/tag/gonzalo-lira/' class='tag-link-33966345' title='6 topics' style='font-size: 9.0888888888889pt;'>gonzalo lira</a>
<a href='http://righteousinvestor.com/tag/heloc/' class='tag-link-329317' title='6 topics' style='font-size: 9.0888888888889pt;'>HELOC</a>
<a href='http://righteousinvestor.com/tag/hyperinflation/' class='tag-link-1329613' title='33 topics' style='font-size: 19.666666666667pt;'>hyperinflation</a>
<a href='http://righteousinvestor.com/tag/inflation/' class='tag-link-161717' title='47 topics' style='font-size: 22pt;'>inflation</a>
<a href='http://righteousinvestor.com/tag/intrinsic-value/' class='tag-link-800400' title='13 topics' style='font-size: 13.755555555556pt;'>intrinsic value</a>
<a href='http://righteousinvestor.com/tag/investing/' class='tag-link-6635' title='6 topics' style='font-size: 9.0888888888889pt;'>investing</a>
<a href='http://righteousinvestor.com/tag/irs/' class='tag-link-7649' title='21 topics' style='font-size: 16.711111111111pt;'>IRS</a>
<a href='http://righteousinvestor.com/tag/john-g-stackhouse/' class='tag-link-7336914' title='8 topics' style='font-size: 10.644444444444pt;'>John G. Stackhouse</a>
<a href='http://righteousinvestor.com/tag/loonie/' class='tag-link-117690' title='8 topics' style='font-size: 10.644444444444pt;'>loonie</a>
<a href='http://righteousinvestor.com/tag/media-bias/' class='tag-link-47248' title='6 topics' style='font-size: 9.0888888888889pt;'>media bias</a>
<a href='http://righteousinvestor.com/tag/media-malpractice/' class='tag-link-9818353' title='12 topics' style='font-size: 13.133333333333pt;'>media malpractice</a>
<a href='http://righteousinvestor.com/tag/midway-energy-ltd/' class='tag-link-43026413' title='6 topics' style='font-size: 9.0888888888889pt;'>Midway Energy Ltd</a>
<a href='http://righteousinvestor.com/tag/new-berlin-wall/' class='tag-link-32079177' title='6 topics' style='font-size: 9.0888888888889pt;'>New Berlin Wall</a>
<a href='http://righteousinvestor.com/tag/new-pharisees/' class='tag-link-32411202' title='6 topics' style='font-size: 9.0888888888889pt;'>New Pharisees</a>
<a href='http://righteousinvestor.com/tag/obama/' class='tag-link-376320' title='39 topics' style='font-size: 20.755555555556pt;'>Obama</a>
<a href='http://righteousinvestor.com/tag/petrobakken/' class='tag-link-40424503' title='14 topics' style='font-size: 14.222222222222pt;'>Petrobakken</a>
<a href='http://righteousinvestor.com/tag/petrobank/' class='tag-link-1123141' title='7 topics' style='font-size: 9.8666666666667pt;'>Petrobank</a>
<a href='http://righteousinvestor.com/tag/politics/' class='tag-link-398' title='8 topics' style='font-size: 10.644444444444pt;'>politics</a>
<a href='http://righteousinvestor.com/tag/poserorprophet/' class='tag-link-19848807' title='15 topics' style='font-size: 14.533333333333pt;'>PoserorProphet</a>
<a href='http://righteousinvestor.com/tag/put-options/' class='tag-link-703939' title='6 topics' style='font-size: 9.0888888888889pt;'>put options</a>
<a href='http://righteousinvestor.com/tag/regent-college/' class='tag-link-470133' title='13 topics' style='font-size: 13.755555555556pt;'>Regent College</a>
<a href='http://righteousinvestor.com/tag/renunciation-of-us-citizenship/' class='tag-link-1527237' title='37 topics' style='font-size: 20.444444444444pt;'>Renunciation of US citizenship</a>
<a href='http://righteousinvestor.com/tag/sarah-palin/' class='tag-link-761708' title='6 topics' style='font-size: 9.0888888888889pt;'>Sarah Palin</a>
<a href='http://righteousinvestor.com/tag/silver/' class='tag-link-93273' title='7 topics' style='font-size: 9.8666666666667pt;'>silver</a>
<a href='http://righteousinvestor.com/tag/socialism/' class='tag-link-42489' title='7 topics' style='font-size: 9.8666666666667pt;'>socialism</a>
<a href='http://righteousinvestor.com/tag/theological-education-bubble/' class='tag-link-49762859' title='8 topics' style='font-size: 10.644444444444pt;'>theological education bubble</a>
<a href='http://righteousinvestor.com/tag/us-dollar/' class='tag-link-93462' title='9 topics' style='font-size: 11.422222222222pt;'>US dollar</a>
<a href='http://righteousinvestor.com/tag/vancouver-olympics/' class='tag-link-3052221' title='6 topics' style='font-size: 9.0888888888889pt;'>Vancouver Olympics</a>
<a href='http://righteousinvestor.com/tag/warren-buffet/' class='tag-link-218511' title='10 topics' style='font-size: 12.044444444444pt;'>Warren Buffet</a></div></aside>	</div><!-- #third .widget-area -->
	</div><!-- #supplementary -->
		<div id="site-info">
						<a href="http://wordpress.com/?ref=footer" rel="generator">Blog at WordPress.com</a>.
			<span class="sep"> | </span>
			Theme: <a href="http://theme.wordpress.com/themes/reddle/">Reddle</a> by <a href="http://automattic.com/" rel="designer">Automattic</a>.		</div>
	</footer><!-- #colophon -->
</div><!-- #page -->

<script type='text/javascript' src='http://s.gravatar.com/js/gprofiles.js?aa&#038;ver=3.4-beta4-20731'></script>
<script type='text/javascript'>
/* <![CDATA[ */
var WPGroHo = {"my_hash":""};
/* ]]> */
</script>
<script type='text/javascript' src='http://s1.wp.com/wp-content/mu-plugins/gravatar-hovercards/wpgroho.js?m=1318621548g&#038;ver=3.4-beta4-20731'></script>

<script type="text/javascript">
var _qevents = _qevents || [], wpcomQuantcastData = {"qacct":"p-18-mFEk4J448M","labels":",language.en,type.wpcom,posttag.carry-trade-currency,posttag.commodity-inflation,posttag.dennis-gartman,posttag.devon-shire,posttag.financial-post,posttag.horizens-alphapro-gartman-fund,posttag.hyperinflation,posttag.inflation,posttag.loonie,posttag.robert-prechter,posttag.us-dollar,wa.pv.noads.righteousinvestor,wa.pv.noads.righteousinvestor"};
function wpcomQuantcastPixel( labels, options ) {
	var i, defaults = wpcomQuantcastData, data = { event: 'ajax' };

	labels  = labels  || '';
	options = options || {};

	if ( typeof labels != 'string' )
		options = labels;

	for ( i in defaults ) {
		data[i] = defaults[i];
	}

	for ( i in options ) {
		data[i] = options[i];
	}

	if ( data.labels ) {
		data.labels += ',' + labels;
	} else {
		data.labels = labels;
	}

	_qevents.push( data );
};
(function() {var elem = document.createElement('script');elem.src = (document.location.protocol == "https:" ? "https://secure" : "http://edge") + ".quantserve.com/quant.js";elem.async = true;elem.type = "text/javascript";var scpt = document.getElementsByTagName('script')[0];scpt.parentNode.insertBefore(elem, scpt);  })();
_qevents.push( wpcomQuantcastData );
</script>
<noscript><div style="display: none;"><img src="//pixel.quantserve.com/pixel/p-18-mFEk4J448M.gif?labels=%2Clanguage.en%2Ctype.wpcom%2Cposttag.carry-trade-currency%2Cposttag.commodity-inflation%2Cposttag.dennis-gartman%2Cposttag.devon-shire%2Cposttag.financial-post%2Cposttag.horizens-alphapro-gartman-fund%2Cposttag.hyperinflation%2Cposttag.inflation%2Cposttag.loonie%2Cposttag.robert-prechter%2Cposttag.us-dollar%2Cwa.pv.noads.righteousinvestor%2Cwa.pv.noads.righteousinvestor" height="1" width="1" alt="" /></div></noscript>


	<script type="text/javascript">
	/* <![CDATA[ */
	(function($){
		$(document).on( 'ready post-load', function() {

			// Remove the login box when clicking the page
			$( document ).mousedown( function( e ) {
				if ( null == $( e.target ).closest( '#wpl-mustlogin' ).get( 0 ) ) {
					$( '#wpl-mustlogin' ).remove();
				}
			});

			// Handle clicking the like button itself
			$('.wpl-button > a.like').click( function(e) {
				e.preventDefault();

				var postid = $(this).parent().attr('id').split('like-')[1];
				$.post( 'http://righteousinvestor.com/wp-admin/admin-ajax.php', {
					'action': 'wpl_record_stat',
					'stat_name': 'loggedout_like_click'
				} );

				var tenMins = new Date();
				tenMins.setTime( tenMins.getTime() + 600000 );
				document.cookie = 'wpl_rand=b58de3d220; expires=' + tenMins.toGMTString() + '; domain=wordpress.com; path=/;';

				$(this).parent().siblings('.wpl-count').after( '\
					<div id="wpl-mustlogin"> \
						<form action="https://righteousinvestor.wordpress.com/wp-login.php" method="post"> \
							<p>Just one more step to like this:</p> \
							<label><span>Username</span> <input type="text" name="log" id="user_login" class="input" value="" size="20" tabindex="80" /></label> \
							<label><span>Password</span> <input type="password" name="pwd" id="user_pass" class="input" value="" size="20" tabindex="81" /></label> \
							<input type="submit" name="wp-submit" id="wp-submit" class="button-primary" value="Log In" tabindex="82" /> \
							<input type="hidden" name="postid" value="' + postid + '" /> \
							<input type="hidden" name="redirect_to" value="http://righteousinvestor.com/2011/03/05/is-ittime-to-buy-us?year=2011&monthnum=03&day=05&name=is-ittime-to-buy-us&like=1" /> \
							<input type="hidden" name="wpl_rand" value="b58de3d220" /> \
							<p>Not a member yet? <a href="http://wordpress.com/signup/?ref=likebox" id="wpl-signup-link">Sign up with WordPress.com</a></p> \
						</form> \
					</div> \
				');

				$('#wpl-mustlogin').hide().slideDown('fast');
			} );

			$('#wpl-mustlogin input.input').live( 'focus', function() {
				$(this).prev().hide();
			}).live( 'blur', function() {
				if ( $(this).val() == '' ) {
					$(this).prev().show();
				}
			});

			$('#wpl-mustlogin input#wp-submit').live( 'click', function(e) {
				e.preventDefault();

				$.post( 'http://righteousinvestor.com/wp-admin/admin-ajax.php', {
					'action': 'wpl_record_stat',
					'stat_name': 'loggedout_login_submit'
				}, function() {
					$('#wpl-mustlogin form').submit();
				} );
			});

			$('#wpl-mustlogin a#wpl-signup-link').live( 'click', function(e) {
				e.preventDefault();

				var link = $(this).attr('href');

				$.post( 'http://righteousinvestor.com/wp-admin/admin-ajax.php', {
					'action': 'wpl_record_stat',
					'stat_name': 'loggedout_signup_click'
				}, function() {
					location.href = link;
				} );
			});
		})
	})(jQuery);
	/* ]]> */
	</script>
<script>jQuery(document).ready(function($){ Gravatar.profile_cb = function( h, d ) { WPGroHo.syncProfileData( h, d );	}; Gravatar.my_hash = WPGroHo.my_hash; Gravatar.init( 'body', '#wp-admin-bar-my-account' ); });</script>	<div style="display:none">
	<div class="grofile-hash-map-10a5cbef09d71e7a4eaa9419d754edd2">
	</div>
	<div class="grofile-hash-map-9698bf608ed99d0d4aa36e654d8c3f12">
	</div>
	<div class="grofile-hash-map-2b268570319bce75930bd65a9448b295">
	</div>
	<div class="grofile-hash-map-858c2b12c8d52e2943ba2fba4199b09f">
	</div>
	<div class="grofile-hash-map-ae4643d57e33445c9d52134ee71cce4d">
	</div>
	</div>
		<style type="text/css">
			
				.reblog-from img                   { margin: 0 10px 0 0; vertical-align: middle; padding: 0; border: 0; }
				.reblogger-note img.avatar         { float: left; padding: 0; border: 0; }
				.reblogger-note-content            { margin: 0 0 20px 35px; }
				.reblog-post                       { border-left: 3px solid #eee; padding-left: 15px; }
				.reblog-post ul.thumb-list         { display: block; list-style: none; margin: 2px 0; padding: 0; clear: both; }
				.reblog-post ul.thumb-list li      { display: inline; margin: 0; padding: 0 1px; border: 0; }
				.reblog-post ul.thumb-list li a    { margin: 0; padding: 0; border: 0; }
				.reblog-post ul.thumb-list li img  { margin: 0; padding: 0; border: 0; }
				.reblog-post                       { border-left: 3px solid #eee; padding-left: 15px; }

				.reblog-post .wpcom-enhanced-excerpt { clear: both; }

				.reblog-post .wpcom-enhanced-excerpt address,
				.reblog-post .wpcom-enhanced-excerpt li,
				.reblog-post .wpcom-enhanced-excerpt h1,
				.reblog-post .wpcom-enhanced-excerpt h2,
				.reblog-post .wpcom-enhanced-excerpt h3,
				.reblog-post .wpcom-enhanced-excerpt h4,
				.reblog-post .wpcom-enhanced-excerpt h5,
				.reblog-post .wpcom-enhanced-excerpt h6,
				.reblog-post .wpcom-enhanced-excerpt p { font-size: 100% !important; }

				.reblog-post .wpcom-enhanced-excerpt blockquote,
				.reblog-post .wpcom-enhanced-excerpt pre,
				.reblog-post .wpcom-enhanced-excerpt code,
				.reblog-post .wpcom-enhanced-excerpt q { font-size: 98% !important; }
					</style><script type='text/javascript'>
/* <![CDATA[ */
var HighlanderComments = {"loggingInText":"Logging In\u2026","submittingText":"Posting Comment\u2026","postCommentText":"Post Comment","connectingToText":"Connecting to %s","commentingAsText":"%1$s: You are commenting using your %2$s account.","logoutText":"Log Out","loginText":"Log In","connectURL":"http:\/\/righteousinvestor.wordpress.com\/public.api\/connect\/?action=request","logoutURL":"http:\/\/righteousinvestor.wordpress.com\/wp-login.php?action=logout&_wpnonce=74e5afba91","homeURL":"http:\/\/righteousinvestor.com\/","postID":"3549","gravDefault":"identicon","enterACommentError":"Please enter a comment","enterEmailError":"Please enter your email address here","invalidEmailError":"Invalid email address","enterAuthorError":"Please enter your name here","gravatarFromEmail":"This picture will show whenever you leave a comment. Click to customize it.","logInToExternalAccount":"Log in to use details from one of these accounts.","change":"Change","changeAccount":"Change Account","comment_registration":"","userIsLoggedIn":""};
/* ]]> */
</script>
<script type='text/javascript' src='http://s1.wp.com/wp-content/mu-plugins/highlander-comments/script.js?m=1334861972g&#038;ver=20110804'></script>
<script type="text/javascript" src="http://b.scorecardresearch.com/beacon.js"></script><script type="text/javascript">try{COMSCORE.beacon({c1:2,c2:7518284});}catch(e){}</script><noscript><p class="robots-nocontent"><img src="http://b.scorecardresearch.com/p?cj=1c1=2&#038;c2=7518284" alt="" style="display:none" width="1" height="1" /></p></noscript><script type="text/javascript">
// <![CDATA[
(function() {
try{
  if ( window.external &&'msIsSiteMode' in window.external) {
    if (window.external.msIsSiteMode()) {
      var jl = document.createElement('script');
      jl.type='text/javascript';
      jl.async=true;
      jl.src='/wp-content/plugins/ie-sitemode/custom-jumplist.php';
      var s = document.getElementsByTagName('script')[0];
      s.parentNode.insertBefore(jl, s);
    }
  }
}catch(e){}
})();
// ]]>
</script><script src="http://s.stats.wordpress.com/w.js?21" type="text/javascript"></script>
<script type="text/javascript">
st_go({'blog':'10320659','v':'wpcom','user_id':'0','post':'3549','subd':'righteousinvestor'});
ex_go({'crypt':'UE40eW5QN0p8M2Y/RE1oVEcmQyVLQXJDYWRsdW1Ycy55SXZNSzk0YUdmY2wsS2FbYy1peTNMNWxbNX45YmhUSWxUOGFscDU/VC10X2RFRFVnQmROPVVBfFRxbVpoVUwydDNreUxZMEVQeUtPUGwxW1FQNi9zK184MTM0Lz1BRm5GWW1OUTBXUlBmbFNvblAxcVBpS2tZQXdSWWtPcVBQYz9dN2lvM0greD18cVFWJWI5aHljLWJCWWddcjZ3N3BwcjQzUjllSUM4fFsza2pyanhWWG1GREo2LXpTLy98d2ljNy9BdFQwSXQmWFIlZmlEVmNFSVRtLDhfNVRTSV1LeTZlaktNMDZiM0NTSXcy'});
addLoadEvent(function(){linktracker_init('10320659',3549);});
	</script>
<noscript><img src="http://stats.wordpress.com/b.gif?v=noscript" style="height:0px;width:0px;overflow:hidden" alt="" /></noscript>

</body>
</html>