I belive your hunch may have some truth as I suspect the Obama team are saving their true shcok and awe therapy for after the stimulous package passing the House and Senate.
Carey-_Jim rightly advises us to tread cautiously with charts and statstics , however as one who used to own a betting franchise in Europe let me say that people are very influenced by the written ( and spoken ) word and I believe they would do better to tread cautiously when listening to the rabid media and put their faith in the unbiased reality of what has gone before as represented by long term charts . Either you beleive in capitalism and man's capability to reason and resolve or you despair. Reduce margin and ride it out .
I thank you for writting a coomon sense article with cast iron advice .Yet it was inevitably picked upon by by the doom and gloom merchants. I dont understand why these people get out of bed, but perhaps they dont..
SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit? [View article]
No shortage of longs here , there could be a lot of suffering to come.
My point to those who argue that gold is a 'Hard Asset' and therefore should be held in preference to paper assets , is that hard assets that have risen in a few years from 400 $ to 1000$ are just if not more risky as paper assets that are being slowly undermined by inflation / credit crunch etc.. the on;y answer is earn more and spend less .
Obama Is Bad for the Economy - Barron's [View article]
As a European oberving what I hope is a temporary but obvious decline in the American economy I must say that anyone wishing for a continuation of Bush´s policy´s including his tax cuts is out of their mind .
America became the great counrty it was by allowing wealth to trickle down to Main Street to invigorate the enconomy . America will not thrive by the rich buying a bigger yacht or other extravagance but rather by directing tax revenues to when they do most good - Main St and the other 99 %. This IMHO is what ailes the American Economy at present and is what a Democratic administation would fix .
As numerous Barrons articles over the years will testify the US stock market does better under the Democrats ,
I WOULD LIKE TO EXPRESS MY REGRETS TO THE AUTHOR FOR THE PREVIOUS COMMENT OF NO SUBSTANCE .THIS SITE HAS PARTICIPANTS THAT WOULD NOT BE OUT OF PLACE ON THE YAHOO MESSAGE BOARDS.
I believe that my comparision of the low in 1990 0.50 $ with the probable low of near 10 $ today is taking into account all splits etc... as the validity of the comparison is evident by looking at any current long term chart.
I agree completely with your article , it is also interesting that the low in 1990 was close to 0.5$ whereas in 2008 it will likely be north of 10 $ . This alone shows what tremndous growth potential is in the HB's when something close to normality returns . From what I can tell the doomsayers are still screaming for more misery , but can things be all bad when GWB only has six months to run .
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I like you am a KLIC believer but am a little concerned that it has fallen all the way to 1.26 $ . Do we take on another load or what ??
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SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit? [View article]
My point to those who argue that gold is a 'Hard Asset' and therefore should be held in preference to paper assets , is that hard assets that have risen in a few years from 400 $ to 1000$ are just if not more risky as paper assets that are being slowly undermined by inflation / credit crunch etc.. the on;y answer is earn more and spend less .
Obama Is Bad for the Economy - Barron's [View article]
America became the great counrty it was by allowing wealth to trickle down to Main Street to invigorate the enconomy . America will not thrive by the rich buying a bigger yacht or other extravagance but rather by directing tax revenues to when they do most good - Main St and the other 99 %. This IMHO is what ailes the American Economy at present and is what a Democratic administation would fix .
As numerous Barrons articles over the years will testify the US stock market does better under the Democrats ,
why is that Mr McTague ???
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I believe that my comparision of the low in 1990 0.50 $ with the probable low of near 10 $ today is taking into account all splits etc... as the validity of the comparison is evident by looking at any current long term chart.
Lennar's Good Old Days [View article]