Surfer1104

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Fri Sep 12th 17:22 PM | Rating: 0 0
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Harvard Endowment 2008 Performance

The commodity bubble scenario is a propagated fantasy developed by the lack of understanding of bubble head financial CNBC. We are in a long term commodity bull market with China an India leading the consumption of commodities.
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Sun Jun 22nd 13:08 PM | Rating: 0 0
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The 'Peak Oil' Myth: New Oil Is Plentiful

The only problem is that demand for oil is increasing faster than supplies being brought on line. China and India consumption increases are absorbing any energy reduction from the west. And lets not forget about the declining oil output from the mature 8 major oil fields around the world.
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Fri Dec 28th 09:29 AM | Rating: 0 0
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Peter Schiff on the Housing Market and the Rescue Plan

I owned several condo's in Myrtle Beach , within 5 years both condo's almost tripled in price. I was fortunate to unload one condo the unsold condo is up for sale at the same price I bought it for 6 years ago and no buyer inquiries. In fact the price of ocean front condo's in Myrtle Beach can be bought for unheard of prices by desperate sellers who overpaid for them and financed the purchased with exotic adjustable rate , no money down , interest only loans hoping to flip the condo now the owners are stuck. I know some buyers who who used their lump some pensions payouts to buy condo's hoping to double their money. Now these people are stuck with condo's they overpaid for, cannot sell and have their retirement money all invested in properties they cannot sell. I can only imagine how many people are getting burned daily around the country who got caught up in the Greenspan bubble.
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