sdavid0419's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/155595/comments http://seekingalpha.com/article/178190-where-is-gold-headed?source=feed#comment-806104 806104
I can't believe Bernake is issuing an all clear on the economy when the banks are still doing the same thing (derivatives) that brought the market down. Back in 2008 my experts told me it would take 7 years to recover from the housing bubble collapse of the stock market. Since, only 2 years have passed and unemployment still hasn't bottomed yet I think the current false sense of euphoria that is driving the market and dollar upward in the near term will force the double dip that the insiders are trying to convince us we have dodged. The way I see it the only difference between now and 2008 is that people are a lot poorer as they have spent down their life savings just trying to survive.

On the other hand most of the other nations in the world are using the same kind of insane deficit spending as us to keep their own economies afloat. Is it possible that 2 negatives could make a positive?

As to the worth of GOLD I agree with the writer of this article.]]> Tue, 15 Dec 2009 05:53:00 -0500
I can't believe Bernake is issuing an all clear on the economy when the banks are still doing the same thing (derivatives) that brought the market down. Back in 2008 my experts told me it would take 7 years to recover from the housing bubble collapse of the stock market. Since, only 2 years have passed and unemployment still hasn't bottomed yet I think the current false sense of euphoria that is driving the market and dollar upward in the near term will force the double dip that the insiders are trying to convince us we have dodged. The way I see it the only difference between now and 2008 is that people are a lot poorer as they have spent down their life savings just trying to survive.

On the other hand most of the other nations in the world are using the same kind of insane deficit spending as us to keep their own economies afloat. Is it possible that 2 negatives could make a positive?

As to the worth of GOLD I agree with the writer of this article.]]> http://seekingalpha.com/article/176380-is-a-gold-correction-imminent?source=feed#comment-788528 788528
We won't see a value added tax because it will lead to more bartering than is currently going on which is at an all time high and because it will cause the economy to come to a complete halt as everyone avoids spending to avoid taxation.

Case in point here in Maryland they increased the sales tax and there was an immediate rush to tax free Delaware to make major purchases.

GOLD is the logical answer to the unstoppable printing press money!!!!! ]]> Thu, 03 Dec 2009 11:14:02 -0500
We won't see a value added tax because it will lead to more bartering than is currently going on which is at an all time high and because it will cause the economy to come to a complete halt as everyone avoids spending to avoid taxation.

Case in point here in Maryland they increased the sales tax and there was an immediate rush to tax free Delaware to make major purchases.

GOLD is the logical answer to the unstoppable printing press money!!!!! ]]> http://seekingalpha.com/article/175632-3-stocks-that-could-pay-out-larger-dividends?source=feed#comment-782350 782350 Mon, 30 Nov 2009 06:00:33 -0500 http://seekingalpha.com/article/175617-the-gold-market-fights-back?source=feed#comment-782348 782348
If there is such thing as a responsible multi billionaire, we need one to step up and run as an independent candidate for president with the sole purpose of getting our financial house back in order by making the hard decisions that HAVE TO be made.

As to the manipulators, I think there are enough gold buyers late to the party that have pre set orders waiting for any kind of pull back to jump in. I'm not saying manipulation is no longer possible just more difficult.]]> Mon, 30 Nov 2009 05:48:05 -0500
If there is such thing as a responsible multi billionaire, we need one to step up and run as an independent candidate for president with the sole purpose of getting our financial house back in order by making the hard decisions that HAVE TO be made.

As to the manipulators, I think there are enough gold buyers late to the party that have pre set orders waiting for any kind of pull back to jump in. I'm not saying manipulation is no longer possible just more difficult.]]> http://seekingalpha.com/article/174513-silver-goes-institutional?source=feed#comment-768606 768606 Fri, 20 Nov 2009 08:08:49 -0500 http://seekingalpha.com/article/174169-gold-despite-new-highs-most-investors-remain-uninformed-and-on-the-sidelines?source=feed#comment-766922 766922
As an example I offer up the tractor I purchased 26 years ago for $7000. I've kept it in good working order making several expensive repairs but it works better than good and is currently worth about what I paid for it even 26 years later. I haven't priced a new one in a while but I believe the same tractor was around $23,000 the last time I priced it.

I have been making repairs and upgrades to my real estate and have purchased some new expensive play toys. However, I still choose to keep most of my nest egg in GOLD rather than accept any of the sub standard rates being paid by the same banks that are charging 30% on credit cards. To me its just plain common sense not to stay on the sidelines at this turning point in US history.]]> Thu, 19 Nov 2009 07:45:12 -0500
As an example I offer up the tractor I purchased 26 years ago for $7000. I've kept it in good working order making several expensive repairs but it works better than good and is currently worth about what I paid for it even 26 years later. I haven't priced a new one in a while but I believe the same tractor was around $23,000 the last time I priced it.

I have been making repairs and upgrades to my real estate and have purchased some new expensive play toys. However, I still choose to keep most of my nest egg in GOLD rather than accept any of the sub standard rates being paid by the same banks that are charging 30% on credit cards. To me its just plain common sense not to stay on the sidelines at this turning point in US history.]]> http://seekingalpha.com/article/173936-has-the-dollar-been-debauched-hint-check-out-the-djia-priced-in-gold?source=feed#comment-765019 765019 Wed, 18 Nov 2009 08:12:25 -0500 http://seekingalpha.com/article/173738-fed-policy-becomes-a-bourgeoisie-windfall?source=feed#comment-763672 763672 Tue, 17 Nov 2009 10:09:24 -0500 http://seekingalpha.com/article/173651-gartman-on-the-mind-boggling-gold-bubble?source=feed#comment-762686 762686 Mon, 16 Nov 2009 16:40:29 -0500 http://seekingalpha.com/article/170771-the-intrinsic-value-of-nothing-part-2?source=feed#comment-742081 742081 Tue, 03 Nov 2009 09:00:06 -0500 http://seekingalpha.com/article/170475-gold-is-not-in-a-bull-market?source=feed#comment-739989 739989 Mon, 02 Nov 2009 07:56:29 -0500 http://seekingalpha.com/article/169982-recycling-u-s-coins-into-silver?source=feed#comment-736713 736713 Fri, 30 Oct 2009 07:09:59 -0400 http://seekingalpha.com/article/169394-silver-unmasked?source=feed#comment-733595 733595 Wed, 28 Oct 2009 06:50:33 -0400 http://seekingalpha.com/article/169105-gold-s-big-secret-no-one-s-actually-buying?source=feed#comment-732219 732219 Tue, 27 Oct 2009 10:11:35 -0400 http://seekingalpha.com/article/168783-why-a-gold-bug-isn-t-buying-gold-now?source=feed#comment-730345 730345 Mon, 26 Oct 2009 07:20:39 -0400 http://seekingalpha.com/article/167773-silver-futures-show-markets-are-acting-strangely?source=feed#comment-724804 724804 Thu, 22 Oct 2009 06:52:51 -0400 http://seekingalpha.com/article/167820-niall-ferguson-dollar-is-doomed-u-s-empire-is-finished?source=feed#comment-724791 724791 Thu, 22 Oct 2009 06:33:46 -0400 http://seekingalpha.com/article/167773-silver-futures-show-markets-are-acting-strangely?source=feed#comment-723151 723151 Wed, 21 Oct 2009 07:43:05 -0400 http://seekingalpha.com/article/166645-does-the-good-news-point-to-a-market-top?source=feed#comment-716045 716045
The price rise in oil is not immediately showing up at the pump as it has in the past. I still paid $2.35 this week. When it hits $3.50 inflation is upon us. In my area of the world the oversized vehicle is still abundantly prevalent on the roads though the newer ones are more fuel efficient they are still much less efficient than a compact car.

I do expect a correction but the sell reinvest window might be the smallest one yet.]]> Thu, 15 Oct 2009 07:09:58 -0400
The price rise in oil is not immediately showing up at the pump as it has in the past. I still paid $2.35 this week. When it hits $3.50 inflation is upon us. In my area of the world the oversized vehicle is still abundantly prevalent on the roads though the newer ones are more fuel efficient they are still much less efficient than a compact car.

I do expect a correction but the sell reinvest window might be the smallest one yet.]]> http://seekingalpha.com/article/166323-largest-gold-reserves-by-country?source=feed#comment-714687 714687 Wed, 14 Oct 2009 06:50:13 -0400 http://seekingalpha.com/article/165723-silver-commercial-short-positions-continue-to-rise?source=feed#comment-710057 710057 Fri, 09 Oct 2009 08:11:29 -0400 http://seekingalpha.com/article/165730-is-ben-bernanke-ruining-indian-weddings?source=feed#comment-710041 710041 Fri, 09 Oct 2009 07:59:54 -0400 http://seekingalpha.com/article/165472-beware-fortune-magazine-s-gold-warning?source=feed#comment-708335 708335
As to chap08 warning of government confiscation of gold I would like to point out that I attend as many TEA parties as I can and I am noticing that more and more people are showing up and the speakers are angrier and angrier. I also go to gun shows and have noticed crowds and buyers are growing like crazy. Look in any Lowes or TSC and you will see gun safes selling like crazy. Any attempt to confiscate gold could and very likely will trigger a civil war.]]> Thu, 08 Oct 2009 08:10:49 -0400
As to chap08 warning of government confiscation of gold I would like to point out that I attend as many TEA parties as I can and I am noticing that more and more people are showing up and the speakers are angrier and angrier. I also go to gun shows and have noticed crowds and buyers are growing like crazy. Look in any Lowes or TSC and you will see gun safes selling like crazy. Any attempt to confiscate gold could and very likely will trigger a civil war.]]> http://seekingalpha.com/article/165240-gold-you-can-t-sell-high-if-you-didn-t-buy-low?source=feed#comment-706583 706583 Wed, 07 Oct 2009 07:41:48 -0400 http://seekingalpha.com/article/165256-is-the-dollar-in-trouble-and-does-it-even-matter?source=feed#comment-706559 706559 Wed, 07 Oct 2009 07:29:26 -0400 http://seekingalpha.com/article/165024-why-there-s-more-upside-for-equities-and-commodities?source=feed#comment-704818 704818
As to unemployment I always prefer the U2 as a truer indicator as it includes those that are still un(der) employed but have fallen off the rolls as their unemployed benefits have expired. Every state has crumbling infra structure that needs immediate attention from dams and bridges to water mains, highways, and office buildings. Yet the Obama stimulus plan a year later has only dispensed half its funds. It took 2 seconds to dispense a trillion dollars to bail out wall street an act I despised as unwanted and unnecessary. Whats taking so long to put people back to work? The unemployed people contribute nothing to reelection campaigns and wall street uses the trillion dollar taxpayer gift to buy as much government as they can!!!!!]]> Tue, 06 Oct 2009 08:55:09 -0400
As to unemployment I always prefer the U2 as a truer indicator as it includes those that are still un(der) employed but have fallen off the rolls as their unemployed benefits have expired. Every state has crumbling infra structure that needs immediate attention from dams and bridges to water mains, highways, and office buildings. Yet the Obama stimulus plan a year later has only dispensed half its funds. It took 2 seconds to dispense a trillion dollars to bail out wall street an act I despised as unwanted and unnecessary. Whats taking so long to put people back to work? The unemployed people contribute nothing to reelection campaigns and wall street uses the trillion dollar taxpayer gift to buy as much government as they can!!!!!]]> http://seekingalpha.com/article/165038-is-it-time-to-start-gold-prospecting?source=feed#comment-704790 704790 Tue, 06 Oct 2009 08:36:04 -0400 http://seekingalpha.com/article/164474-what-lies-ahead-for-gold-etfs?source=feed#comment-699618 699618 Fri, 02 Oct 2009 06:01:10 -0400 http://seekingalpha.com/article/164055-comex-silver-positions-since-may-2008?source=feed#comment-698587 698587 Thu, 01 Oct 2009 11:52:17 -0400 http://seekingalpha.com/article/163857-national-bank-turns-bearish-on-gold?source=feed#comment-695111 695111 Tue, 29 Sep 2009 09:14:21 -0400