Dave Wrixon

Multinationals: A Safe Way to Play the Coming Drop in the U.S. Dollar

Wait, I thought the dollar was supposed to be a safe haven?


On Aug 20 03:49 PM Larry House wrote:

> If the last many months have taught us nothing, they have taught
> us that all ships can be sunk. I wouldn't call these stocks a "safe"
> way to play a weakening dollar, but they do make sense. The dollar
> can sink so far that there is no where to hide.

Protectionism in China - Something to Worry About

The Buy America clause in the Obama stimulus started all this and is particularly irksome to the Chinese because they are the only ones affected. As the US made the first volleys it is totally hypocritical (but perhaps predictable) to react in this manner.


On Jun 21 11:48 AM CautiousInvestor wrote:

> China has the most to lose through discussion and implentation of
> a "buy China" policy.
>
> China is one of top three exporting countries in the world and enjoys
> the highest current account surplus, making it particularly vulnerable
> to trade wars.
>
> This is all the more true when you appreciate that China must import
> much of what it does to make it mercantilist, low wage economy function
> as it does.

Protectionism in China - Something to Worry About

I wouldn't worry too much about Chinese steel. They will soon be consuming everything they make, and if America can get her cost down to market levels perhaps they will even import some. LOL

BIC: Investing Away from America

So the penny is dropping!

Taking Profits on the Euphoria Stampede

Be interesting to see what the Easter Bunny brings!

Gold as a Truly Last Resort

Welcome to the Flat Earth Society.

Gold was valuable when people equated it to money. Gold was money for most of recorded history. That hasn't been the case for a while now and people are a lot more sophisticated than they used to be. The psychological link lingered for a while and some still hold a flame, but essentially the show is over.

Gold of course is an interesting curio and will always have its place in the jewelers shop, but to go back to a fully gold based system in the modern World you would need a lump about the size of Cuba.

Philosophize all you want, but the bottom line is Gold has not moved as some might expect because most intelligent people have come to realize that there is no return from a lump of metal that just sits there. Indeed, maintaining a Gold hoard is quite an expensive business, unless you decide to do it on the cheap and bury it at the bottom of the garden. As for persuading the banking system to return to Gold, you surely have to be kidding. How many of them want to surrender their right to issue money against debt and being able to store their value in virtually reality to go back to the old days when they were constantly getting blown up with Dynamite?