CaptBob

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    • Thu Aug 14th 13:54 PM | Rating: 0 0
      Commented on:
      Dollar Rally Won't Last Forever; Don't Give Up on Gold
      In times like these, it used to be, gold and real estate.
      Today it's pretty much the one that's left--with all the more reason!!. Yes, silver's included.
      The only real estate worth a look is farmland, maybe a small piece for your potatoes.
      View article »
    • Thu Aug 14th 13:19 PM | Rating: 0 0
      Commented on:
      Enjoy These 'Dollar Days' - But Will They Last?
      Jason: If you want to believe the guys that tell you the inflation rate is 4%, be my guest. You quote the M1, please tell me the new money expansion in the M3--Oh!--I forgot-- that was deleted as unfit for view by sensitive eyes such as ours.

      Next time at the optometrist, ask for the "grey" tint, that "Rosy" one's gonna cost you money.

      When the "Artful Dodger's" got his hand in my pocket, and says "Its not me Guv." The last thing I do is turn the other pocket.
      View article »
    • Thu Aug 14th 12:44 PM | Rating: 0 0
      Commented on:
      Banks: Doing Deals At Any Price?
      let's see if I've got this right??: In order to remove liability for bad debt, you finance it's sale with more debt, that carries with it the insurance that your buyer/borrower can lay the debt right back on you if it proves worse than forecast.
      And for this you forgo any possible upside to the original debt evaluation, and assume additional risk from the new borrower/old debt holder. All to merely move the original debt from your books.

      And these people --wonder-- why they're in trouble--giving mortgages to people without jobs, or buying same from others who did!!

      Well if Big Ben and the American taxpayer's got your back!!--Why not!!
      View article »
    • Thu Aug 14th 11:30 AM | Rating: 0 0
      Commented on:
      The U.S. Dollar, Going Forward
      The only saving grace to the dollar is the other fiat currencies are printing too to maintain their trade edge.

      Does anyone truly believe the Fed will raise rates in the current economic environment??, ere we to use "true" figures--a recession!!.

      Did we not just extend the debt limit to enable billions more in borrowing.??

      Does not the recent rise in the dollar--(only VS the other garbage in the basket, not in true terms)--justify the printing of more "stimulus" coupons??

      Stick a fork in it!!, It's done!!. It will never see "rare" again.
      View article »
    • Thu Aug 14th 11:13 AM | Rating: 0 0
      Commented on:
      Enjoy These 'Dollar Days' - But Will They Last?
      One question is: In the race for less, will diminishing oil production stay ahead of any reduced demand thereby negating the price impact??.

      I think we can count on new production and alternatives to be a distant hope, not a reality.
      View article »
    • Tue Aug 12th 12:46 PM | Rating: 0 0
      Commented on:
      Oil: Does Supply and Demand Still Apply?
      The existing/producing oil infrastructure has passed it's peak and produces less every year.

      Can we drill "new" fields and increase production?

      Ans: Yes but only if demand is willing to pay the "New" price=cost + profit!!

      There is a point where "The Horse" does indeed step in.
      View article »
    • Tue Aug 12th 12:07 PM | Rating: 0 0
      Commented on:
      Who Is Really Printing Money?
      The department of the Treasury does the actual printing of the notes for circulation by the Federal Reserve.
      That is where the Commercial banks "borrow" it from, currently at 2% interest. They do NOT create it.

      Quote--top of Aticle>
      "The main source of new money in the economy is not the Fed but the commercial banks. It is the private banks that increase money supply through debt (new credit) creation." Technically true but somewhat misleading.

      There are other means the Fed and other Central Banks have of placing fiat currency in circulation, which is why the deficits and surpluses of the Nations of the world do not balance---by a wide margin!. These figures are not released to the public and are one means by which the values of different currencies are manipulated versus each other. Always to the detriment of the citizens whose holdings have been devalued--another form of taxation!!
      View article »
    • Tue Aug 12th 11:43 AM | Rating: 0 0
      Commented on:
      The Future is Frugality
      When I started reading SA the "catchy" headings got my attention.
      As I progressed the proverbial dimwits, hucksters and shills were culled out.
      I have arrived at reading solely by author--(sometimes trying a new one)
      There is only so much time to devote to this:
      And in a time / value equation "Mish" never dissapoints! Thanks, again.

      A "new" era of Political/currency borne economics is dawning and it will be as interesting as root canal, and last a good deal longer. Stock up on Novocaine!
      View article »
    • Mon Aug 11th 13:08 PM | Rating: 0 0
      Commented on:
      Paulson Tops Gross, Greenspan and Ackman in the Mortgage Battle
      It's Bankers helping Bankers--in the guise of public housing salvation.
      Or Banker wolves in John Q's clothing.

      What is really beautiful about this is it moves private enterprise under the Federal umbrella, while appeasing the Privateers by allowing them to squirrel away any "tranches" of value for private profit, while Socializing all the toilet paper of no status but "Debt" to be later paid for by the taxpayer.

      I saw this one coming, to the letter, at the first Freddie and Foolee whimper!.
      View article »
    • Mon Aug 11th 12:46 PM | Rating: 0 0
      Commented on:
      Dollar's Up, Oil Is Down: But Why?
      When gas at the pump exceeded 4$ the driving nation screamed.
      A violent pullback in driving ensued, I call it "can't afford or priced out", the newly self styled "Greens" prefer "conserved".

      The dollar gained dramatically.

      The Town Crier has just passed through--"One week and gas is down 15 cents!!" he happily proclaimed.

      How many newly anointed "Greens" will see fit to slip off the wagon?. Some certainly, enough to effect reserves and turn the price up?? We shall see. And the pendulum shall swing in diminishing arcs till the balance is reached.

      Will that change the price of oil?? Yes in the short term, No in the long. Without alternatives or new fields coming on line, Oil is performing the final act. Between now and the curtain close the price can "ONLY" go--($$)--you be the predictor! this page has enough past event experts.

      Will that change the dollar, you betcha last gallon.
      View article »
    • Mon Aug 11th 10:28 AM | Rating: 0 0
      Commented on:
      What's Next for the U.S. Dollar?
      When you say the price of oil depends on the demand, and the value of the dollar vs Host currency, you conveniently leave out "supply" the third leg of the commodity price stool. Oil supply/production has gone down every year and there's no reason for that to change.

      So over goes your stool and your whole theory sitting on it.
      View article »
    • Sun Aug 10th 12:24 PM | Rating: 0 0
      Commented on:
      Gold Is At a Critical Juncture
      When oil brings the drivers back to the pump, everyone will realize the dollars illness is not in remission.

      I will wait to reenter gold with the $$ relapse, no sense in trying to wring the last nickel out of a bottom with this much long term potential.
      View article »
    • Fri Aug 8th 16:11 PM | Rating: 0 0
      Commented on:
      Seven Reasons To Avoid Gold - And Why You Should Ignore Them
      Reading this was like reading the notes in my own play book. Never have I been more in agreement.

      The only thing I could think of that would compete with gold would be commodity coupons, or certificates we could carry around good for items we use that COULD NOT BE DUPLICATED BY GOVT.

      I'd rather have a certificate for 10gal of gas issued by the most untrustworthy Arab Sheik than a $50. bill from Hank & Benny. Knowing tomorrow, 10gal of Camel brand gas will take me 200 mi. while the $50 bill--might--get me across town.

      And for those who don't have cars I'll trade you a 5lb. Porterhouse coupon for that case of Heineken.
      View article »
    • Fri Aug 8th 15:34 PM | Rating: 0 0
      Commented on:
      Wind's Our Future, but Natural Gas Is Now
      While in France, I drank a nice Pouilley Fuisse in quiet smoothness at over 200mph, and watched Nuclear plants go by in the pleasant countryside. As I arrived refreshed in Lyon, I wondered who in his right mind would want to put $6 a gal gas in a car to compete with these Grand Prix mentalities on the highway.

      I just want to live to see the day I can sit back and watch the windmills on the right of way go by at 200mph, while I take a trip to N.Y.. I'll even allow a few cars for Oranges and seafood to tag along so they and I, arrive fresh and cheap at our destination. I'll even take my shoes off to honor a bygone but not missed era of air travel, thinking I'd like to see Haji Baba run this sucker into a building.

      Windmills along the "rite of way" is the right way--it's called "point of use"
      View article »
    • Fri Aug 8th 13:31 PM | Rating: 0 0
      Commented on:
      The Great American Economy? Take a Closer Look
      Now you know why we're so anxious to determine if Mars will support life!!!

      Like a mangy cur who cannot refrain from pissing on the rug, we are on the verge of being tossed off the Planet by the scruff- --banned- - -in permanent exile!! The other inhabitants of this "living room" have about had enough, the costs of rugs is too high, and would you believe, we won't even contribute in cleaning up.
      View article »
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