Stay Clear of Traditional Asset Classes [View article]
I think your article is great Mike. I just don't think it went far enough as too how ugly it most likely will get. I am not defending Bernake at all but he inherited a corrupt and blantantly " I don't give a crap about ethics and morals I just wanna have all the power" economy and goverment. To the person who stated an Armageddon style forcast by Mike, well, I can assure you that Mikes scenario as bleak as it is is not even a fraction of how bad it will be when this world gets close to tribulation times. I too beleive that we need to go ahead and feel that pain now. Let those that are partly responsible for this mess to loose their shorts so that we can start rebuilding. Ultimatley though you and I are responsible for the corrupt goverment and the power elite with no morals or ethics. Even us investors don't want to know how the money flows to our investments we just want our share too. I know I'm gonna catch alot of flack for this post...thats ok. I was once greedy and didn't care bout no morals either :)
Who's to Blame for the Commodities Boom? [View article]
I do not understand alot about investments. I have a question as to why there is short selling to begin with? I'm sure wall street is the culprit who started it as another way to make $$$. My question is why not do away with betting (speculating) on a particular fund/stock/commodity going down? Yes if something goes up yes it will come down also but why try to bet on where and how much. To me it does sound like gambling....just another way to make a dollar.
Who's to Blame for the Commodities Boom? [View article]
LOL We will all see very soon that the world goverments will step in and consolidate supply and demand rates. In other words they will set caps per country on how much of supply you get for a yearly basis. Of course this will not work....thats when things get very interesting.
Stay Clear of Traditional Asset Classes [View article]
To the person who stated an Armageddon style forcast by Mike, well, I can assure you that Mikes scenario as bleak as it is is not even a fraction of how bad it will be when this world gets close to tribulation times.
I too beleive that we need to go ahead and feel that pain now. Let those that are partly responsible for this mess to loose their shorts so that we can start rebuilding.
Ultimatley though you and I are responsible for the corrupt goverment and the power elite with no morals or ethics. Even us investors don't want to know how the money flows to our investments we just want our share too.
I know I'm gonna catch alot of flack for this post...thats ok. I was once greedy and didn't care bout no morals either :)
Who's to Blame for the Commodities Boom? [View article]
I'm sure wall street is the culprit who started it as another way to make $$$. My question is why not do away with betting (speculating) on a particular fund/stock/commodity going down? Yes if something goes up yes it will come down also but why try to bet on where and how much. To me it does sound like gambling....just another way to make a dollar.
Who's to Blame for the Commodities Boom? [View article]
We will all see very soon that the world goverments will step in and consolidate supply and demand rates. In other words they will set caps per country on how much of supply you get for a yearly basis.
Of course this will not work....thats when things get very interesting.