Rhett

Buffett and the Limits to 'Awaiting Better Times'

Buffett is probably right, although occasionally he has been wrong, i.e., he is human. This time, I think he is a bit early, e.g., his recent venture into GE which lately seems to be the palest of the blue-chips.

Can the Banking System Handle Huge New Write-Downs?

There are always people out there who will buy what they can't afford if someone will sell it to them. Should that be a surprise? Debt is what our consumer economy is based on. And now that collective consumer debt is too much for monthly payments, the government is coming in to re-negotiate debt on hoiusing so that overall consumer debt can still be sustained by monthly payments. Obviously, this only postpones the inevitable collapse of the debt economy, but the idea is to keep it going as long as we can. Buy that furniture and make no payments until 2012! Buy that car for no money down and pay for it over 5 years! E-a-s-y!

It Is Darkest Before Dawn

Sounds like an ever so soft sell for Attunity.

Opportunity Staring Us in the Face

If you thinik real estate is now a buy, I've got a Hummer to sell you.

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.

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.

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.

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).

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.

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.

How Much Have our Real Estate Assets Gone Down?

The sky is falling, jtjt.

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.

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.

Tuesday, September 2: Week in Review

Insightful review, Jonathan.

Four Reasons Why Gold's a Slam Dunk Investment

Ultimately, gold always be worth somethin'; eventually, fiat money be worth nuthin'.