Why CNBC’s 'Gold Bubble in 2011' Prediction Is Nonsense [View article]
How right you are! This guy hates gold and loves the home builders!
He must be fun at kids' parties where he can tell kids fairy tales about kind Ben Bernanke and how the Federal Reserve is not printing money out of thin air.
Gold Is Overvalued: Fundamentals Say 'Bubble' [View article]
What a totally flawed analysis! The author does not know the difference between paper assets and real assets.
First of all, even if you don't consider gold as money, it is a commodity. As such, the fundamantals you need to look at are supply and demand, not growth or income.
No commodity whether it's oil or whatever produces income or grows earnings. It is valuable because it is something people want or need for everyday living and are willing to pay a price for it.
Then the author glowingly refers to the growth of stocks. But the Dow Industrials of 1900 and today are quite different. Very few companies are still in the major stock averages today that were there in 1900 (GE). So many so-called blue-chip stocks in 1900 that investors bought are gone, like dust in the wind. That does not happen with real assets.
U.S., Eurozone Regulators Move to Curb Commodity Speculators [View article]
Finally, someone gets it!!
For many years, Wall Street has been overwhelmingly and highly leveraged SHORT commodities. They don't want people finding out that commodities are a real asset class where you can make money.
Wall Street wants the sheeple to continue buying stocks and especially bubble stocks like Apple, where they can be more easily fleeced out of their hard-earned money.
Bernanke Is Right - Chinese Mercantilism, Not Fed Easy Money, Is Making a Mess [View article]
Any wonder America is in such deep doo-doo - many Americans believe this crap that Mr. Morici puts out.
If you put tariffs on Chinese goods, it means two things. Higher prices on Chinese goods, but more importantly, manufacturing would just shift to other countries like Vietnam. Those jobs will never came back to the US.
And why is the US whining when it, led by Ben Bernanke, is the biggest currency manipulator of them all.
Caterpillar CEO Swallows the Myth of Uninterrupted Growth in Emerging Markets [View article]
I don't want to be rude to the author, but readers should beware of this guy. He is apparently one of those who chooses to ignore the billions of people outside the US, i.e. he also thinks oil should be $10 a barrel.
And amazingly, he believes in one of Wall Street's biggest myths - that stock buybacks are good for shareholders over the long term.
Will Europe's Financial Crisis Finish the Euro and the EU? [View article]
Yes, the EU has major problems.....
But the problems in the US are much, much worse. These type of arguments are the ones made by dollar bulls - It's much worse "over there", so keep your money "safe" in the United States.
A Chilling Level of Trust in the Fed [View article]
That is where you are wrong. The Fed will keep interest rates at zero to keep Wall Street happy for many years. Do not be surprised to still see US interest rates at zero 10 years from now. Of course, the dollar may have blown up by then.
Forget $2000 an Ounce; Gold Set to Plummet [View article]
Two comments - first, check out the author's track record. It is sorely lacking.
Second, I'm sure the author would be at a loss if someone tried to explain to him the difference between nominal returns (denominated in US dollars) and REAL returns.
Xinyuan Real Estate - Probably the Most Undervalued Stock on the NYSE [View article]
Regarding your comment on mortgage-to-income ratios...you are looking at it from an American perspective.
In China, properties quite often are bought by an extended family with all the relatives living there and pitching in to meet the payment. So it is often 5 or 6 incomes meeting the mortgage payment, not just one or two as in the US.
Why CNBC’s 'Gold Bubble in 2011' Prediction Is Nonsense [View article]
He must be fun at kids' parties where he can tell kids fairy tales about kind Ben Bernanke and how the Federal Reserve is not printing money out of thin air.
Gold Is Overvalued: Fundamentals Say 'Bubble' [View article]
First of all, even if you don't consider gold as money, it is a commodity. As such, the fundamantals you need to look at are supply and demand, not growth or income.
No commodity whether it's oil or whatever produces income or grows earnings. It is valuable because it is something people want or need for everyday living and are willing to pay a price for it.
Then the author glowingly refers to the growth of stocks. But the Dow Industrials of 1900 and today are quite different. Very few companies are still in the major stock averages today that were there in 1900 (GE). So many so-called blue-chip stocks in 1900 that investors bought are gone, like dust in the wind. That does not happen with real assets.
U.S., Eurozone Regulators Move to Curb Commodity Speculators [View article]
For many years, Wall Street has been overwhelmingly and highly leveraged SHORT commodities. They don't want people finding out that commodities are a real asset class where you can make money.
Wall Street wants the sheeple to continue buying stocks and especially bubble stocks like Apple, where they can be more easily fleeced out of their hard-earned money.
Inflation Not a Valid Reason to Own Gold [View article]
Yet he loves Apple (and probably Amazon too) - the biggest bubble since the dotcom bubble of a decade ago.
Bernanke Is Right - Chinese Mercantilism, Not Fed Easy Money, Is Making a Mess [View article]
If you put tariffs on Chinese goods, it means two things. Higher prices on Chinese goods, but more importantly, manufacturing would just shift to other countries like Vietnam. Those jobs will never came back to the US.
And why is the US whining when it, led by Ben Bernanke, is the biggest currency manipulator of them all.
Will Bernanke Monetize Municipal Debt Next? [View article]
Caterpillar CEO Swallows the Myth of Uninterrupted Growth in Emerging Markets [View article]
And amazingly, he believes in one of Wall Street's biggest myths - that stock buybacks are good for shareholders over the long term.
Will Europe's Financial Crisis Finish the Euro and the EU? [View article]
But the problems in the US are much, much worse. These type of arguments are the ones made by dollar bulls - It's much worse "over there", so keep your money "safe" in the United States.
A true loser of an investment strategy.
China Downgrades U.S. Debt [View article]
A Chilling Level of Trust in the Fed [View article]
Why Do Governments Still Own So Much Gold? [View article]
Countries hold gold so they have something 'real' in their vaults, not just US paper which becomes less and less valuable every day.
Economic Nonsense From Ezra Klein at The Washington Post [View article]
Forget $2000 an Ounce; Gold Set to Plummet [View article]
Second, I'm sure the author would be at a loss if someone tried to explain to him the difference between nominal returns (denominated in US dollars) and REAL returns.
Xinyuan Real Estate - Probably the Most Undervalued Stock on the NYSE [View article]
In China, properties quite often are bought by an extended family with all the relatives living there and pitching in to meet the payment. So it is often 5 or 6 incomes meeting the mortgage payment, not just one or two as in the US.
What Can the U.S. Learn From Germany's Falling Unemployment? [View article]