Rhett

69 Comments

    • Opportunity Staring Us in the Face [view article]
      If you thinik real estate is now a buy, I've got a Hummer to sell you. Oct 07 09:44 AM
    • Our Coming Depression [view article]
      Since even the expert economists don't know exactly what caused the 1030s Depression, who's to say what will cause the next? But we all know something significantly bad is happening when the politicians urgently call for $700 billion "rescue" legislation that doesn't seem to have any immediate calming effect in the conomy. One thing is for sure: when credit dries up, the economy withers since it runs on credit - extended credit , credit extended for years in the future with nothing down. And credit seems to be drying up, even with the $700 billion legislation just passed. Looks like Depression in the future to me. Horse and buggy days may be here again before long. Oct 07 09:39 AM
    • Gold Prices Finally Catch Fire [view article]
      Nobody knows what gold will do but you better have some, just in case. Its price has been held down by a series of left-field events which are unlikely to keep happening on a sustained basis. The day of reckoning must come to repay debt. It's only a matter of when. Sep 19 11:37 PM
    • The Financial Crisis Explained [view article]
      Anyone remember the outcry against banks for "red-lining" areas where loans would be risky? Those banks were eventually coaxed or intimidated into removing the "red lines" and look at the whirlwind we have reaped. Sep 19 11:27 PM
    • Is the AIG Deal Death Blow to the ETF Industry? [view article]
      xpat, you must have a different GLD than I have. Mine isn't doing worth a damn lately (except today). Sep 17 01:41 PM
    • Law of Supply & Demand Is Dead for Gold & Silver [view article]
      Listen up, idiots. Kim is onto something. There is no economic reason for the recent rise in the dollar, nor for the plunge in the price of gold. Something is screwy and it's beginning to smell. Sep 16 09:40 AM
    • How Long Until Housing Prices Stabilize? [view article]
      We're not going to "chart" ourselves out of this housing mess. Cycles or no cycles, fundamentals will control and they're badly out of balance. Sep 14 09:16 AM
    • How Much Have our Real Estate Assets Gone Down? [view article]
      The sky is falling, jtjt. Sep 14 09:08 AM
    • Return of the 'Super Dollar'? [view article]
      The apparent ultimate fact is there are too many imponderables for anyone to know what is going on or what will happen. It all boils down to a wild guess. Yes, gold will always buy a suit, either a Brooks Bros or a JCPenny, but what does that really say? It only says that gold will never be entirely worthless, not that gold will hold the value you pay for it. I hold gold and pray for the luck of the draw. Sep 07 02:53 PM
    • U.S. Dollar Supported by Fundamental Conditions, but Technically Overbought [view article]
      SWRichmond, I think you're right. The US Military - temporarily - stands in the economy's stead in supporting the dollar. Sep 02 08:42 AM
    • Getting Real About Real Estate [view article]
      Makes good sense to me, but there is still little real evidence of its truth. Sep 02 08:33 AM
    • Tuesday, September 2: Week in Review [view article]
      Insightful review, Jonathan. Sep 02 08:20 AM
    • Four Reasons Why Gold's a Slam Dunk Investment [view article]
      Ultimately, gold always be worth somethin'; eventually, fiat money be worth nuthin'. Sep 01 09:35 AM
    • Precious Metals: Emotions Still Stronger Than Fundamentals [view article]
      None - that's NONE - of you know s**t about what will happen to gold, and I don't either - except that it will never become entirely worthless. Aug 27 08:53 AM
    • Lax Underwriting , Foreclosures, and Credit Crunch Stimulate Misery Industries [view article]
      Thanks, Jimmy, for your penetrating and poignant article. Something is systemically wrong to allow such widespread flim-flam. Aug 25 09:31 PM
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