Baltimore – (TFN): The dollar is a dangerous entity these days. Never has there been such a globally important currency with as much political and financial manipulation.

The distortions from reality are mind-boggling, yet all of us depend on the status of the simple fiat for our financial wellbeing.

Taipan Daily’s Justice Litle review the current trends of gold, the U.S. Dollar and small caps. Finding surprising strength in the dollar in the short term, he finds greater strength in gold and gold stocks for the long term.

The competition to buy General Motors Corp.’s (NYSE: GM) Opel and Vauxhall units heated up last Friday as the three primary suitors were reportedly joined by an unidentified Chinese automaker.

Washington continues to flush tax dollars down the toilet in the name of ‘fixing’ the economy. It’s now up to Europe to keep free-market capitalism alive.

Stocks break-even for 2009… 2 charts detail the strange path to “profitability”… Chris Mayer on Buffett, Berkshire and the latest shareholder’s meeting…Dan Amoss with a sector begging to be shorted…Our in-house bankruptcy adviser on the fate of Chrysler…Plus, a rare Overtime Briefing… investing in the “swine flu”

As the solid foundation of your True Mogambo Enlightenment (TME), you have the fact that not once in the 4,000-year history of man and money has this ‘fiat money’ crap NOT led to total ruination. Not once. Not even close.