User 142738

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98 Comments

    • Mon Jun 30th 14:57 PM | Rating: 0 0
      Commented on:
      End of Quarter Dollar Assessment
      "For example, did you know that the US financial system has more debt than an entire gross domestic product?"

      As long as the total debt in the U.S. is below 800% of GDP, they're doing better than France. And Germany. And Portugal. And Monaco. And Spain. And the United Kingdom.

      Oddly enough, Turkey is being given a hard time by the European Union because of their debt problems. Turkey is doing much better than France. Maybe Turkey should keep the new lira.
      View article »
    • Fri Jun 27th 08:12 AM | Rating: 0 0
      Commented on:
      The Budget Deficit and Declining Dollar
      Your argument that foreign governments would flock to the euro due to national debt in each currency’s respective areas is a moot point. The top twenty most indebted countries, as a percentage of GDP, includes no less than six eurozone countries (including France and Germany), but does not include the United States.

      The move to peg one’s currency to the euro, and not a basket of currencies, as a replacement to the dollar can only be regarded as a politically-motivated move.
      View article »
    • Wed Jun 18th 17:04 PM | Rating: 0 0
      Commented on:
      What China's Stock Market Implosion Means for Oil
      I beg to differ, Mile. Let's put the politics and supremacy complexes aside.

      The majority of the Shanghai composite's moves lately have been led (up and down) by China's domestic major oil producers. They have to sell their oil to producers at an artificially low price by the Chinese government. When oil prices rise, they lose money; that explains the drama (2% losses or more daily) in the past few weeks. The minute a rumor surfaced about allowing domestic oil prices to rise, the SSE jumped 5%. Imagine what the U.S. stock market would look like if the Dow or S&P 500 were dominated by flaky banks and airlines other than Southwest: it would look horrible as well.

      The parallels between the Chinese oil companies and the American airlines are strikingly similar: they are being thrown back and forth by their respective governments' regulations and they are dependent on subsidies.

      I've seen this scenario unfold before. Several people are expecting SSE to follow the Nikkei circa 1990. That probably explains the various support levels being as low as 2000 (67% from their high, much like the bubbly Nikkei back in the day).
      View article »
    • Thu May 29th 16:49 PM | Rating: 0 0
      Commented on:
      China Sputters Along
      I typed in "MYST.OB" and it's your everyday pump-and-dump stock. From $2 in 2003 to $0.20 today (most of which from a "e36750@gmail.com...

      If I want 90% losses in China, I'll visit Macao.
      View article »
    • Wed May 28th 13:47 PM | Rating: 0 0
      Commented on:
      Chinese Lessons
      This is far different from the AT&T breakup. When AT&T was broken up, there was one system. Remember the Bell Labs credo, "One System, One Policy, Universal Service"?

      On the contrary, the Chinese government is demanding that multiple companies pool their systems together.
      View article »
    • Fri May 23rd 17:24 PM | Rating: 0 0
      Commented on:
      What’s Behind the Slide in Gold and Silver?
      User 198722: There are other functions on your computer than "copy" and "paste."

      In addition, I don't have to worry about my respect being loosened.
      View article »
    • Sun May 4th 20:10 PM | Rating: 0 0
      Commented on:
      Baidu: A Train Heading for Derailment?
      Actually, I find the comparison of Baidu to the U.S. airlines to be incredibly fair: they’re both supported by, funded by, invested in, and regulated by the Chinese and U.S. governments, respectively.

      The Chinese government props up Baidu; the U.S. government props up Delta.
      View article »
    • Mon Apr 21st 14:03 PM | Rating: 0 0
      Commented on:
      China's Economic Trouble May Just Be Beginning
      chinesepetti: Read up on Godwin's law...

      "There is an unwritten rule on the Internet that, once an irrelevant comment is made, the thread in which the comment was posted is over and whoever mentioned the Nazi party or Hitler has automatically lost whatever debate was in progress."

      It's nice to know that you're so nationalistic that you believe reductio ad Hitlerum is logical.
      View article »
    • Fri Apr 18th 12:53 PM | Rating: 0 0
      Commented on:
      Considerations on Investing in China
      A quick note: "SOE" = "State-owned Enterprises." Putting a ceiling on commodities prices certainly didn't help the U.S. in the 1970's.
      View article »
    • Thu Apr 17th 21:34 PM | Rating: 0 0
      Commented on:
      Greg McCoach, Mining Speculator: $1000 Gold Still Very Cheap
      “If you look at the Dow Gold chart for the last 150 years, one share of Dow and one ounce of gold have been on par multiple times, and it looks like we’re going to go to that level again.”

      The Dow Jones Industrial Average didn’t exist 150 years ago.
      View article »
    • Tue Apr 15th 11:45 AM | Rating: 0 0
      Commented on:
      Going for Gold
      The Venezuelan exchange rate peg is, and always has been, a joke. It's like Zimbabwe's futile attempts at keeping a 30,000:1 exchange rate (black market is about 70,000,000:1). Bolivares to dollars is "officially" 2.147:1, but on the black market it's more like 6:1.
      View article »
    • Tue Apr 15th 11:21 AM | Rating: 0 0
      Commented on:
      Latest PBoC Reserve Numbers Leave Many Unanswered Questions
      "chinadonot want yourmoney", you fail to notice the section this article is filed under is labeled, in very large letters, "China." Leave it up to a PLA lackey to turn a balance sheet discrepancy into a political issue.
      View article »
    • Mon Apr 14th 17:57 PM | Rating: 0 0
      Commented on:
      Rio Tinto's "Great Wall": Will It Block BHP?
      Actually, China's beef (no pun intended) with Australia's export policy has to do with them not playing ball with some very ludicrous demands. Underpricing base metals comes to mind.

      The CCP isn't negotiating free trade as much as they're muscling in for cheaper prices.
      View article »
    • Sun Apr 13th 22:49 PM | Rating: 0 0
      Commented on:
      The Credit Crisis and the U.S. Dollar
      There are so many weasel words and phrases (“government-controlle... media,” for one — would love to see some proof of that) in this article that it’s hard to see what investment this author is promoting. The title itself is supported by about two paragraphs, and the investment strategy being promoted is only revealed in one short sentence at the end of the article.

      He may as well be selling a position with some listing on Pink Sheets.
      View article »
    • Thu Apr 3rd 17:42 PM | Rating: 0 0
      Commented on:
      Where's the 'Protection' in TIPS? Better to Go with Silver and Gold
      It's logically flawed because 11 does not equal 30. The author could've just mentioned the precious metals' moves during the past 11 years instead. It would've even made a better point (11.6% average yield between 1997 and 2008).

      If I mentioned a misspelled word, would you think that was a conspiracy as well?
      View article »
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