ISHARES GSCI CMDTY (GSG)

All Comments on GSG

  • commenter
    wallyjm
    Sep 10 01:05 PM
    Are We at the Bottom Yet? [view article]
    wnen blood is running in the streets good time to buy solid wealth in good solid equities. selling to put the money into printing press money is stupid. in germany after ww one those who had marks lost it all,but those in solid companies such as bayer; etc came out of it smelling like a rose! same recently in argentina. Reply
  • commenter
    wpdragon
    Sep 10 01:03 PM
    Are We at the Bottom Yet? [view article]
    We have a Dow that should be trading at 8500 today after everything this crisis has perpetrated on the world's economies and financial markets.

    Instead, its trading at 11,000+.

    Why?

    An administration that has intervened, rigged, manipulated news and markets ever since the crisis began, and consistently rewarded the criminals who caused this unmitigated financial disaster. It wasn't by accident or to provide liquidity to the credit markets that Bernanke opened up the discount window to the big investment bankers who were the major cause of this crisis. It was simply a case of "you scratch my back, I'll scratch yours. You get a few HUNDRED BILLION $$ of "free" taxpayer monopoly money to day trade or buy hookers or do whatever you want with, but you better stick a bid up there if this market starts to break below 11,000... we've got an election to win in November, so play all you want, but be there when we need you because we can't have a meltdown in an election year now can we?"

    And so the IB's and all the hedge funds they spawned have virtually limitless cash in their trading accounts, and if you have watched this market get whipsawed around with all the multi- hundred point up and down days (usually consecutively), you know the kids are having just a swell time gorging on that discount window candy.

    And if you're not in their game, then whether you're long or short, it doesn't matter, because they took a big piece out of your hide.

    That money doesn't go to any useful economic purpose, but then it wasn't supposed to... capitalism officially died the other day, after a long illness, and the dawn of American socialism has arrived.     Reply
  • commenter
    Philman
    Sep 10 12:35 PM
    Stagflation or Deflation? [view article]
    It occurs to me that the government is doing the same thing, now, as it did in the 1930s. They are still intervening in the gold market, trying to lower the price even though we don't have a gold standard anymore, and the dollar is independent of gold. But, it is an archaic relationship, and they should just drop the paranoia already. Gold can go up, and the dollar can still be the world's currency, if the U.S. economy recovers. The dollar is going to be worth less, in the long run, no matter what they do.

    Let things take the natural course. Let people hoard their little "golden coins", or, in modern times, their little interest in GLD or SLV. Eventually, they will climb out of their bunkers and start to invest in the stock market and spend money.

    What the the government is doing, by attacking gold & silver, artificially propping up the dollar so we can't sell anything abroad, and intervening everyday on the stock market is just stupid. It is just dragging things out. People will start to feel that they have options, no where to turn, and will get depressed. As Mr. Conrad says, that causes Great Depressions. So, the way they are handling things, they are going to cause it to happen.

    The government should take its hands off, and let capitalism work this out. Let the GSEs go bankrupt through Chapter 11, like other companies. To the extent that their mortgages are paid by borrowers, the bond holders would continue to receive their payments. Let China stop buying our bonds. So what! America will reindustrialize from a collapsed dollar. People will live more moral and hardworking decent lives. All the rottenness will be cut out of the system!

    We do have a safety net now. We've got the FDIC, and so forth, so there won't be runs on the bank. Let gold & silver soar naturally, until it is ready to come down again. If gold goes to $5,000, who cares. It doesn't matter. We are NOT on the gold standard anymore, and everyone admits it.

    Let the stock market and the dollar collapse for a while. Let it happen fast, so we can get it over with, already, for Christ's sake!

    This constant government intervention is dragging things out. It is going to make people very tired and depressed, and it will cause a new Great Depression if they don't stop. The system will right itself in due time. If only the government will allow it to...

    That's why I'll vote for John McCain, and not the guy who advocates even bigger government interventions and even more bailouts, Barack Obama.     Reply
  • commenter
    doylegroup
    Sep 10 12:30 PM
    Are We at the Bottom Yet? [view article]
    To bad that finding a bottom isn't like driving to a destination. Rarely if ever do you know that a bottom has been reached until you have. Are we there yet? or just going up 2% one day and down 3% the next. Stay tuned Reply
  • commenter
    User 30121
    Sep 10 12:26 PM
    Stagflation or Deflation? [view article]
    As usual, an informative, thought-provoking article by James Conrad! Excellent!

    For those posters, like me, who grew tired of SHARK$HARKs racist, condesending vitriol, I believe his rants are now history!





































































































    Reply
  • commenter
    user8240
    Sep 10 12:22 PM
    Stagflation or Deflation? [view article]
    Philman, is your proof that Paulson "is intentionally lying" and Bernanke an "academic fool" your investment losses?

    The GSE losses were already socialized through implicit guarantees. So far, no gains to privatize (unfortunately).

    BTW, I wonder how many folks complaining about the GSE takeover enjoyed lower cost/down payment mortgages to buy homes through the GSEs? Then, no complaints!     Reply
  • commenter
    secmaven
    Sep 10 12:07 PM
    Stagflation or Deflation? [view article]
    All of the central banks in the world produce unlimited amounts of fiat currency. None of them, including the Chinese, want to see gold or silver advance in price. Collectively, they call the shots because they deal off the bottom of a stacked deck and control the cards in this poker game. . Our thinking that logically, gold and silver should go up in price does not make it so. And there is very little that we can do about this situation. Silver will drop to 10 dollars and gold will continue to collapse played like a fiddle by the central bankers. Not until production is curtailed and industry has an insufficient supply for its needs will prices rebound.

     Reply
  • commenter
    Philman
    Sep 10 12:05 PM
    Stagflation or Deflation? [view article]
    Hey, User 8240, certainly Paulson is intentionally lying. The government is attempting to manipulate our views of the dollar, for example. The current dollar intervention is obviously the action of our government in concert with other governments, but they haven't admitted to any of it. If you look at the ticker, the dollar index jumps up and down, as the government trades in, and out, and normal investors try to sell the dollar.

    Paulson & Company consistently manipulate people into losing money on stocks, gold, and everything else, so that they can gain. Then, when things don't work out for them, they steal taxpayer money.

    Why? Because they are liars, and people like Paulson are the representatives of Wall Street, for whom positions in government have been purchased by the big banks. He knows his job, and it is not to serve the American people. It is to steal taxpayer money to bail out those who bought him his position as Treasury Secretary.

    Hank Paulson is doing everything he can to help himself, and his friends on Wall Street. So are all the other mucky mucks who run the U.S. economy.

    We must enact a law banning any person who has worked in the securities industry from holding any political or lobbying position for a minimum period of 10 years. That would solve a lot of problems, and save the country from the crony capitalism/socialism that we are seeing now.

    Bernanke is a academic fool. Paulson is a crook. Most of Paulson's underlings are also crooks. Many of Bernanke's fellow FMOC board members are also crooks, particularly Gaither. There are a lot of other crooks in our government who are stealing taxpayer dollars.

    So, no, I don't think they are just making the best out of a bad situation. They are choosing to employ policies and procedures that socialize the losses of their friends and themselves, while privatizing the gains. \

    bail out his friends.     Reply
  • commenter
    user8240
    Sep 10 11:47 AM
    Stagflation or Deflation? [view article]
    "in the hope that the complexity of the economy will confuse the majority of people."
    Mr. Conrad demeans his own writings by confusing intentions with consequences. Does any rational person believe that Paulson et al are deliberately confusing the public? They are dealing with a tough economic situation created through fiscal incompetence starting with the Clinton administration that accelerated under Bush. Given the fact that we were virtually already on the hook for 6 trillion dollars of GSE bonds, their takeover 1) reassured current and future bondholders that the U.S. implied guarantee would be honored and 2) punished the stockholders and executives who were culprits or complicit in the GSE "keep the party going" crowd.

    "And, the process is continuing."
    Why do critics complain about the consequences of GSE and Bear Stearns takeovers but never offer a viable alternative that should have been taken?

    "Gold, agricultural land and food products are good bets"
    Great, another lets hide in the cellar with gold coins or become farmers as the answer.

    Democracies respond to crises. When things get bad enough we will figure out the solutions or learn Chinese.     Reply
  • commenter
    john s.
    gordon
    Sep 10 11:44 AM
    Stagflation or Deflation? [view article]
    colin - the 15 saudi nationals (others were egyptians, not a single iraqi in the bunch so naturally bush/cheney had to invade iraq) were members of a gang whose objective is to get rid of the royal family & install a wahabbist dictatorship.
    > jack     Reply
  • commenter
    Simit Patel
    Sep 10 11:41 AM
    My Website
    Are We at the Bottom Yet? [view article]
    I have to agree with the aforementioned comments. Also, it is worth noting that fundamentally, nothing has changed. If anything, I'd argue the problem is just beginning; the US government cannot afford the bailouts, which means that it is going to fund these enormous bailouts by printing more money via the Federal Reserve. This will result in dollar devaluation, aka inflation, which is going to further fuel a decline in many financial markets as well as putting pressure on consumers who are already being overstretched.

    The dollar devaluation is, in my opinion, the real story here, and is at the heart of the economic issues. That issue remains critical and is intensifying if anything. I would expect the issue to remain for at least a few more years, aside from momentary strengthening like what we are seeing now.     Reply
  • commenter
    Kosmo
    Sep 10 10:18 AM
    Stagflation or Deflation? [view article]
    As a new student to the subject can someone please answer:

    If the rise in the dollar is artificial and temporary and OPEC has just cut oil production, does this mean a return to oil price increases perhaps surpassing recent highs?     Reply
  • commenter
    cly
    Sep 10 10:18 AM
    Short-Term Correction in the Commodities Bull Market [view article]
    cost of paper money = printing.... printing is cheap.... thats just how cheap dollar is.... soon dollar would be worth close to nothing.... gold production = expensive... you get the picture.... Reply
  • commenter
    notsosmart
    Sep 10 09:43 AM
    My Website
    Are We at the Bottom Yet? [view article]
    in this world today the only bottom you can be certain about is the one youre sitting on.we dont have many friends around the world & even less now that they own much of our worthless paper. Reply
  • commenter
    pockyclips
    2020
    Sep 10 09:00 AM
    Are We at the Bottom Yet? [view article]
    Too simplistic. Your failure to consider short term geopolitical moves is glaring. Any misstep with Iran or Georgia/Central Asia will be painful.
    You can bet our Russian and Muslim friends will make life difficult. We won't know where "bottom" is until spring '09 at the earliest.     Reply
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