Market Outlook 2015-2045 - Men Vs. Machines [View article]
Usually we disagree on everything, but I can see, and accept, why "paying people to keep consuming than leaving them broke with nothing to do but revolt" is a solution for the time being. The question, as usual, is "what's the long-term solution?" and I don't see how milking the rich will solve anything, especially when it's done under the disguise of equality while those pushing the idea do not have equality as their core focus. They're in the game for power, not the poor, and a moderate approach must be devised.
Market Outlook 2015-2045 - Men Vs. Machines [View article]
Juts for fun, here's the question: If the future will be dominated by robots that will produce everything, who will consume the "everything" that robots will produce? If "everyone" will not have a job and cannot afford to buy "everything," without which corporations' bottom line will have no bottom, how will corporations afford robots? This is why the academic type needs a little exposure to the real world.
The Massive Elephant In The Economic Room [View article]
"But aren't the "intangible assets" where 'good will' comes from?" Astute observation, and when goodwill is removed from the balance sheets of all Dow components, 8 companies are technically worthless, Verizon, IBM and Boeing among them.
The Massive Elephant In The Economic Room [View article]
Timelines are tricky because sometimes change is obvious, other times it's subtle. That is why calls for bubbles, crashes and so forth, are seldom accurate, if ever, and investors listening to these crystal balls are often on the outside looking in and hating themselves for missing the boat. In addition, we cannot connect stock market performance to economic condition, and perceptions, as erroneous as they may be, always drive price. However, the clue will come from aggregate capital flows because money talks and you know "what" walks.
The Massive Elephant In The Economic Room [View article]
For a non-economist, you're certainly on the right path, and although the simple truth that you speak is far harsher than what I would write, it is nonetheless the truth. The problem is that nobody wants to listen because we're enjoying too many things that we can't afford, and, worse yet, everyone believes the condition to be normal.
On "The more money the Fed prints, the higher the value of the US dollar goes" keep in mind that the currency value is relative to other currencies, and at this juncture the "U.S. is still the strongest among the weak" and money must go somewhere.
It will be surprising to many that dislike anything I say about gold, that the metal is not done yet, and, based on the "core principle," its has another six years to go. However, price by itself is not necessarily a turning point, and at times is only a coincidence, which means that gold could still break above its current high or not. Complicated to explain in a short reply.
Obviously retail buyers and central banks didn't provide the stimulus, and jewelry buyers will pull back because the cheap metal just got cheaper. Although gold is approaching the oversold condition and will rebound (or simply hold in place) because no asset moves in a straight line, the next strong support level is around $1,150.
More Evidence That Microsoft Bulls Got It Right About Windows 8 [View article]
Although I spent over a decade making IT decisions I don't follow tech stocks. For whatever it's worth, I just upgraded my Samsung Infuse Android to a Nokia Lumia 920, and even as compared with the iPhone, which my 15 year old daughter owns (now she wants mine), I can see why Steve Wozniak praised the windows phone. It's a superior little box. Looking back in time and despite Apple being an extremely creative company, I remember when Microsoft ate Apple's lunch, and it's starting to appear that's "deja-vu all over again."
Thank you. The simple lesson is that life is too short, and one must enjoy every single day. She was only 48, and only lasted 68 days from the diagnosis. One day we're fine, the next it's over.
It's pointless to address all your "facts" when "most of the planet believes that gold and silver are" the ultimate money. Which planet is that? Don't answer! All the best.
I don't like gold because it comes out of the ground??? I like potatoes!!! Where are we now? Comedy Channel? Here's some food for thought: Gold is free and a value is attributed to it only when labor is added! If you were the only person on Earth and found a gold nugget, it would be worthless because you couldn't pay yourself. Same is true for anything -- potatoes, pebbles, tigers, mountains. Now we're off into the twilight zone for the fun of it.
If a fact is not the truth, then it's not a fact. We can play this game all day long, and this will conclude my comments. Let me explain something. You cannot compare a reality show, especially "Gold Rush," with the information published by the World Gold Council, an association that represents the interests of the gold industry. But the fact that "Gold Rush" is your favorite show, says everything. Reality TV does not entertain me, because it's bad enough that the media at large adheres to the same standards, and the last thing I need is to fill my time with nonsense. All the best.
One more thing, because I forgot: "Do you mean for the short, mid, or long term?"
I couldn't tell if it ends by Friday, June or 2014. My opinion is such that the U.S. consumer market will also reverse course and head south, but then we're looking at the weak among the weak, and I believe that the dollar's historical safety will hold its own. That's opinion, not fact.
It is absolutely baffling how one statement can be taken and twisted. You left out "...and is quickly becoming the last consumer market standing." This is a typical media maneuver.
Dollar dilution is yet another interesting facet of this grand scheme, because I also stated "despite easy monetary policies around the globe, money continues to sit idle and deflation is alive and well." Bernanke wishes it wasn't so!
Certainly "Facts are what one wants to see in them."
Market Outlook 2015-2045 - Men Vs. Machines [View article]
Market Outlook 2015-2045 - Men Vs. Machines [View article]
The Massive Elephant In The Economic Room [View article]
The Massive Elephant In The Economic Room [View article]
The Massive Elephant In The Economic Room [View article]
On "The more money the Fed prints, the higher the value of the US dollar goes" keep in mind that the currency value is relative to other currencies, and at this juncture the "U.S. is still the strongest among the weak" and money must go somewhere.
The Massive Elephant In The Economic Room [View article]
It will be surprising to many that dislike anything I say about gold, that the metal is not done yet, and, based on the "core principle," its has another six years to go. However, price by itself is not necessarily a turning point, and at times is only a coincidence, which means that gold could still break above its current high or not. Complicated to explain in a short reply.
Gold's Double Whammy Is In Play [View article]
http://bit.ly/16FQeIE
Obviously retail buyers and central banks didn't provide the stimulus, and jewelry buyers will pull back because the cheap metal just got cheaper. Although gold is approaching the oversold condition and will rebound (or simply hold in place) because no asset moves in a straight line, the next strong support level is around $1,150.
More Evidence That Microsoft Bulls Got It Right About Windows 8 [View article]
Gold's Double Whammy Is In Play [View article]
Gold's Double Whammy Is In Play [View article]
Gold's Double Whammy Is In Play [View article]
Gold's Double Whammy Is In Play [View article]
Gold's Double Whammy Is In Play [View article]
Gold's Double Whammy Is In Play [View article]
I couldn't tell if it ends by Friday, June or 2014. My opinion is such that the U.S. consumer market will also reverse course and head south, but then we're looking at the weak among the weak, and I believe that the dollar's historical safety will hold its own. That's opinion, not fact.
Gold's Double Whammy Is In Play [View article]
Dollar dilution is yet another interesting facet of this grand scheme, because I also stated "despite easy monetary policies around the globe, money continues to sit idle and deflation is alive and well." Bernanke wishes it wasn't so!
Certainly "Facts are what one wants to see in them."