Rhett

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83 Comments

    • Tue Oct 7th 09:39 AM | Rating: 0 0
      Commented on:
      Our Coming Depression
      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.
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    • Fri Sep 19th 23:37 PM | Rating: 0 0
      Commented on:
      Gold Prices Finally Catch Fire
      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.
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    • Fri Sep 19th 23:27 PM | Rating: 0 0
      Commented on:
      The Financial Crisis Explained
      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.
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    • Wed Sep 17th 13:41 PM | Rating: 0 0
      Commented on:
      Is the AIG Deal Death Blow to the ETF Industry?
      xpat, you must have a different GLD than I have. Mine isn't doing worth a damn lately (except today).
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    • Tue Sep 16th 09:40 AM | Rating: 0 0
      Commented on:
      Law of Supply & Demand Is Dead for Gold & Silver
      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.
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    • Sun Sep 14th 09:16 AM | Rating: 0 0
      Commented on:
      How Long Until Housing Prices Stabilize?
      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.
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    • Sun Sep 14th 09:08 AM | Rating: 0 0
      Commented on:
      How Much Have our Real Estate Assets Gone Down?
      The sky is falling, jtjt.
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    • Sun Sep 7th 14:53 PM | Rating: 0 0
      Commented on:
      Return of the 'Super Dollar'?
      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.
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    • Tue Sep 2nd 08:42 AM | Rating: 0 0
      Commented on:
      U.S. Dollar Supported by Fundamental Conditions, but Technically Overbought
      SWRichmond, I think you're right. The US Military - temporarily - stands in the economy's stead in supporting the dollar.
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    • Tue Sep 2nd 08:33 AM | Rating: 0 0
      Commented on:
      Getting Real About Real Estate
      Makes good sense to me, but there is still little real evidence of its truth.
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    • Tue Sep 2nd 08:20 AM | Rating: 0 0
      Commented on:
      Tuesday, September 2: Week in Review
      Insightful review, Jonathan.
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    • Mon Sep 1st 09:35 AM | Rating: 0 0
      Commented on:
      Four Reasons Why Gold's a Slam Dunk Investment
      Ultimately, gold always be worth somethin'; eventually, fiat money be worth nuthin'.
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    • Wed Aug 27th 08:53 AM | Rating: 0 0
      Commented on:
      Precious Metals: Emotions Still Stronger Than Fundamentals
      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.
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    • Mon Aug 25th 21:31 PM | Rating: 0 0
      Commented on:
      Lax Underwriting , Foreclosures, and Credit Crunch Stimulate Misery Industries
      Thanks, Jimmy, for your penetrating and poignant article. Something is systemically wrong to allow such widespread flim-flam.
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    • Mon Aug 25th 21:13 PM | Rating: 0 0
      Commented on:
      What the Homebuilders Are Telling Us
      Tim, you need to find that lost sales data from the 80s and 90s you did the analysis on. It probably didn't conclude what you think it did. There is no way real estate is stabilizing.
      View article »
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