Jakester

Inflation: It's a Crowded Trade

Tony, a strong treasury market is not indicative of asset inflation. It is indicative of deflation.

The 'Great Slump' of 2008 (Part 1)

What does "Fair Share" of taxes mean? We already have a 'progressive' income tax but apparently not progressive enough for Bosun who wants an 80% tax rate for high earners! The wealthy already pay their "fair share" so let's not pretend they are getting a free ride. Then Bosun states that personal income shouldn't be taxed, only corporate income? So corporations will pay out all their earnings as salaries (or move to Switzeland). It's a bad idea and it won't work. Nuff said....


On Dec 21 10:01 PM bosun.j wrote:

> Thought provoking article with both good points and a bad suggestion
> based on a fundamentally flawed idea. First the good:
>
> Bring all our troops home. Enough said.
>
> "releasing government and central banker control of money, by enabling
> gold and silver to compete as currencies against the governmental
> fiat paper." Enough said.
>
> Restoring faith in the financial system. Very hard to do and very
> important. Short of dragging the Banksters and their Congressional
> lapdogs out in the street and executing them (after a fair trial,
> of course!) how do we do that?
>
> As for your tax holiday:
>
> First, income taxes go to paying a percentage of the interest on
> the debt not for services. So, were there to be a tax holiday it
> would only extend out and compound the amount that had to be paid
> to the Banksters. Possibly doing more damage than a stimulus. <br/>
>
> Second, this idea that taxation is theft. As the wealthy benefit
> much more from the services of government through their greater use
> of the commons the wealthy should be required to pay their fair share.
> Just one example of this is the court system. Wealthy people use
> the court system to great advantage in order to skew the outcome
> in their favor. No knee jerk reactions here, everyone knows this
> is true. Unfortunately this isn't the only area where advantage is
> taken. Don't get me started on the trillions of tax dollars being
> thrown at the wealthy since September.
>
> The wealthy who benefit more from the commons should have to pay
> their FAIR share.
>
> Rather than suspend the federal income tax across the board it should
> be suspended for those making less than $200k a year. Say 10% tax
> on the first 100k above 200k, 15% tax on 300k-400k and topping out
> at 80% on anything above $2 million. No tricky IRS rules deducting
> this and that.
>
> Fairness. The American way. So, lets live it. Make it mean something!

Negative Real Rates Will Drive Gold Prices Up

Have to agree with logicalthought. The price of virtually everything is now dropping so real rates are very high. Published CPI figures may well understate this going forward as they don't want to spook the public and admit we are in deflation.

Some True Safe Havens Are Still (Surprisingly) Undervalued

PS- Between 1992 and into early 1997, palladium traded between $100-$200/oz with an average probably under $150. That was five long years, so these periods can last far longer than you suspect.

Some True Safe Havens Are Still (Surprisingly) Undervalued

Mark: Assuming that your take on the price/economics of palladium is true, what is to prevent SWC, PAL and others from going bankrupt while one waits for the 'inevitable' rise in palladium prices? After all, these companies have debt, fixed costs, salaries, maintenance etc. Even if they shut down their operations, there will still be an ongoing drain on their balance sheets until Poof, they file for bankruptcy and shareholders are wiped out....