armadillo

Nouriel Roubini, One on One: More Doom and Gloom

Hmmmm Stagflation caused by our own over consumption and debt, while our creditors outbid us for everything.

Banking Sector: Worst Is Yet to Come

Posting on a blog ain't gonna cut it. If you really believe we are going to ruin by or politicians don't wait. Shuffling numbers can only last so long. I don't want to hear it's too late already...what is that supposed to mean...roll over? Bail on the U.S. and move somewhere else? NO...We will need to start now to avoid... well use your imagination. I plan on starting at the grass roots level and get a sheriff elected that can be trusted, because that is what I can do. Move forward from there to the city council and then on from there. If you have clout start at a higher level. Failure in not an option. Or just roll over and wait.

38 Reasons the Google IPO Isn't the Big Deal Some Are Making It Out to Be

I am thinking it was more important since GOOG said up yours to the investment banks and issued the shares using a Dutch auction. Of course the insiders didn't like it one bit and got the media to poo all over it to drive the price down so they could pick up the shares at a discounted price anyway. Fight the power that be?

Inflation vs. Deflation: Pick Your Poison

I see it as the number of gold coins staying the same but the number of berries and fish going down.

Short Sales: An 18-Year Low

This short vs long thing is a ridiculous scenario made up by the media, politicians and the ignorant. I agree - lets keep things in check to avoid manipulation, but people should be versed in both methods and use them appropriately to best diversify their portfolios. This is not a moral question, its about keeping your capital and growing it.
Most shorts have covered so there is not going to be a nice V shape curve spurred on by a short covering rally. Probably languish for a while until people shake off their fear blinders.

Big Oil: Dark Skies Ahead?

I remember not that long ago $50 a barrel was pretty high. You guys saying now that they can't make a buck at just under that. That says alot about where the supply side of oil is headed.

Seeking Stabilization in the Housing Market? Look at This Chart

I like that chart. Affordability is relative. Your income goes down so does the affordability of a house at a certain price, so prices will need to come down even further to meet recessionary incomes.
You can inflate to make the price of a house seem like it is worth the same but if the cost of everything else comes up to meet it then the price of the house has come down relatively speaking. You can't force affordability.

Four Ways to Capitalize on 'Super Contango'

I just rode the ferry to Galveston yesterday (from Bolivar peninsula - WOW worse than the pictures) and saw a whole lot of ships sitting offshore - dozens (those were only the ones I could see) I was there last year and didn't see very many sitting. I don't know how many were oil related and am just saying what I saw. Also, there was a massive oil rig at port as well.

Why Commodities May Be Nearing a Turning Point

I am still surpised when I see how far and for how long markets (people) can drive something too far in a particular direction. I guess you have to drive something further each time to keep the surprise factor going.

ForeclosureS.com: One Million Foreclosures By Year's End [Housing Tracker]

The banks were making bad loans expecting them stay affloat just long enough for the them to be repackaged and sold off. I think they were hoping the Chinese would buy them all up.

The Dollar's Decline: Taking Responsibility for the Future

So who is going to be the next world power.....China is just catching up a little, I don't see them founding the next great wave of innovation and productivity. They are just coming out of the dumps for most of their people. Same with India. Brazil is riding the fallacy of ethanol. You tell me who is smarter, more innovative.........

Is There Really an Inflation Conundrum?

I don't think there is a brink, sure stuff is still overvalued, but after everthing is valued correctly we still have the same stuff we had before so why are we worse off? After everyone get over the fear of stuff going down further we can get back to business. The US can compete we just need to focus on the jobs others can't do, not what they can do cheaper. Oversimplified, maybe, but we need to step back and look at where everyone stands in relation to each other.

Bill Gross: Inflation and Higher Food Prices for the Next Decade

sounds like a bunch of conspiracy nuts here.....problem is everyone is seeing the same thing now...uh oh.

Bill Gross: If Housing Prices Decline Further, So Does the Economy

Bill Gross communist....good one. He is one of the smartest out there in my opinion. Letting the fools and greedy off burns my hide and I actually enjoy watching them suffer as I have waited this last 5 years to purchase a home and still have not, but markets that went too far one way will go too far the other and we don't need a broken back. Question is where is the straw.

Bill Gross: If Housing Prices Decline Further, So Does the Economy

I think what he is trying to say is that this mess has gone too far now to let those guilty (home buyers......and lenders) hold the bag by themselves. Do we want to get dragged down with them just for spite.
We need to hold the Fed responsible and not give them more power.