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mike_simms

mike_simms
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  • The U.S. Economy Recovers - GLD Comes Down [View article]
    I would love to know why the government still prints over half a trillion a year if there has been a recovery. Anyone who believes the government supplied unemployment rates are soft in the head.
    Feb 12, 2015. 10:55 AM | 3 Likes Like |Link to Comment
  • SPDR Gold Trust - Use Any Uptick Today To Sell Near-Term [View article]
    The only thing saving the economy is the low price of oil. If it stays low the economy limps along with little to no inflation. The government continues to spend almost $600 billion more than it takes in further devaluing the dollar. Gold may go lower in the short term but long term it will be going up. I will hold GLD.
    Sep 17, 2014. 02:06 PM | 2 Likes Like |Link to Comment
  • Signs Of An Approaching Bear Market [View article]
    Did the fed print Hundreds of billions during that time period. Buy huge amounts of bad debt? Was there Socialism to the point where it stands now? Was there a dozen wars waging around the world? What goes up will come down.
    And Suddenly.
    Aug 31, 2014. 07:57 PM | Likes Like |Link to Comment
  • An Inquiry Into The Wealth Of Renewable Energy: Part III [View article]
    Without the massive subsidies onto Solar from the government it would die a quick death. Globally, 2012 was a bad year for renewable energy as the total investment of $244 billion was 12 per cent lower than the record figure of $279 billion in 2011. Italy and Spain which have seen the sharpest fall of 51 per cent and 68 per cent respectively in renewable energy investment. Why because it is expensive and inefficient. $440,000 dollars to put Solar Panels on the White House to power 8 light bulbs for 20 hours a day, IF the sun actually manages to shine. The U.S. government spends $700 Billion a year more than it takes in it will not be able to continue to subsidize pie in the sky, feel good energy programs any longer.
    Jul 3, 2014. 11:14 AM | Likes Like |Link to Comment
  • Treasury yields jump, gold slumps after strong jobs print [View news story]
    Why Rhianni is they where they actually look at facts of the economy.
    Jul 3, 2014. 10:04 AM | 3 Likes Like |Link to Comment
  • Is The Rally In Gold Sustainable? [View article]
    Is the government still spending 700 Billion a year more than it takes in....yep.
    Jun 24, 2014. 05:01 PM | 2 Likes Like |Link to Comment
  • The Demon The Gold Bears Are Mistakenly Overlooking [View article]
    The Ukraine has and will have little effect on Gold. The devaluation of the dollar will continue in relation to Gold. Inflation is taking hold and the U.S. debt continues to rise immensely on a daily basis. The Ukraine is a side show, the West has already lost that battle.
    May 31, 2014. 09:50 AM | 1 Like Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    When the government has 17.5 TRILLION in debt and continues to grow. It is easy for a commodity in which our monetary value used to be based, goes up immensely. There is a reason. Wars will continue, eventually a nuclear one will occur. Hopefully it is fairly limited, it's just a matter of time. If it wasn't a real issue they would be trying to build a strategic missile defense system. Gold will go up. Dollars will go down.
    Apr 28, 2014. 01:37 PM | 1 Like Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    It's pretty simple are things getting better in the world or worse. Obama fears a Nuclear attack on NY, apparently one of his biggest fears, Iran is seeking to build them, N Korea continues to build them and is run by a maniac, China has them and is trying to expand it's influence, Russia is trying to regain some of it's lost empire. Pakistan has nukes and is on shaky ground. If a nuke goes off what happens in the world? And on top of the geopolitical issues the Fed continues to print like there is no end. How could Gold be possibly be going down, only by manipulation which won't be possible forever.
    Mar 28, 2014. 09:54 AM | 1 Like Like |Link to Comment
  • Goldman sticks with bearish gold forecast [View news story]
    They can predict countries intentions and actions? I think not.
    The fed continues to print money out of thin air at an astounding rate.
    The government spends money at a rate of a trillion a year more than it takes in.
    Strange prediction by Goldman. It can't be the ridiculous unemployment figures which are a joke, perhaps temporary insanity.
    Mar 21, 2014. 11:50 PM | 1 Like Like |Link to Comment
  • Putin addresses lawmakers, annexes Crimea [View news story]
    It all tastes the same.
    Mar 18, 2014. 12:00 PM | 1 Like Like |Link to Comment
  • Ukraine Crisis: U.S. LNG Can Help, But Not The Way People Think [View article]
    And are there terminals to off load the gas in Europe?
    Mar 17, 2014. 01:52 PM | 1 Like Like |Link to Comment
  • AT&T CEO Telegraphs The Bottom In The Shares [View article]
    We have made the transition to a services based economy. T provides a service which many are willing to pay a premium for. They are fairly well run and provide a excellent dividend. Doubt the price will go shooting to the stars but it's a safe bet they will be around another 30 years.
    Mar 12, 2014. 02:13 PM | 5 Likes Like |Link to Comment
  • Stocks gain, metals slip after payroll number [View news story]
    Doesn't even keep up with the population growth. As soon as tapering starts the metal goes up. Smoke and mirrors.
    Mar 7, 2014. 10:24 AM | 2 Likes Like |Link to Comment
  • Gold May Have A Great 2014, But Be Patient [View article]
    17 Trillion of debt and rising, Russia and China flexing to hold on or maintain their corners of influence. An inept U.S. government. I can saying nothing bad about investing in Gold.
    Mar 3, 2014. 05:04 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
104 Comments
142 Likes