Dear Friends,

I wish to report two good items of news.

First, if you visit the page at http://cambist.net/svcards.html
you'll notice that we are now offering for sale a Visa gift card.
I hope to have an automated interface to the various shopping
cart interfaces before long, but for now the good news is that
you can buy a Visa gift card with up to $600 value on it for as
little as 3% of the stored value.

These cards are useful as debit cards or as ATM cards.  You can
use them at any point of sale location which shows the Visa logo.
You can also use them at any ATM which has the Visa logo.  

You can give these cards away to friends or family members, with
as little as $25 stored on it.  The maximum per card is $600, but
you can order as many as you like.  The cards are wholly anonymous.

We accept payment for storing value onto the cards using e-gold,
GoldMoney, e-Bullion, Crowne Gold, 1MDC Fastgrams, or American
Liberty Silver.  I anticipate adding eLiberty when it comes on
line.  (If you know of another e-currency that is fully redeemable
in gold or silver or other precious metal, please let me know.)

The Visa gift cards are disposable, so when you've used up the
stored value, you simply shred or burn the card.  They are not
rechargeable.  We're working on a rechargeable Visa card now.
If you have a small balance left over on the card, we can 
arrange a refund for a small fee - about $25.

Second, a frequent reader writes in to say that he has been
following up on my "short the Dow now" strategy with some
brilliant success.  I'll let him tell his story in his own
words:
 "Two weeks ago I opened up afutures trading account with 
  $17,000.  I bought two contracts shorting the DJIA and 
  five contracts long on gold.  I am now $12,455 richer.  71% 
  in two weeks is not a bad ROI.  Not bad at all.  Just make 
  sure you pad your margin enough to handle the 400 point bounce 
  when it comes."

Because not everyone speaks chartese, I'm willing to interpret.
That 400 point bounce is expected on the Dow Jones Industrial
Average, not the price of gold.  Don't be surprised if the Dow
bounces back, sooner or later.  There would then be announcements
on all mainstream media that the "bottom has been reached." Don't
believe those announcements.  "The woods are lovely, dark, and
deep..." and the Dow isn't out of the woods yet.

The reason we call it the mainstream of the media is that it is
too shallow to be considered a river.  (With thanks to George
Carlin.)

Regards,

Jim
 http://cambist.net/


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