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Dragon Master

Dragon Master
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  • The morning after: Futures flat, precious metals tumble [View news story]
    Gold stays $1200 at today money which is $295 10 year ago money and will be 2400 in very near future with the current rate of money printing.
    Dec 19, 2013. 09:31 AM | 3 Likes Like |Link to Comment
  • Lessons Learned From The Gold Crash [View article]
    Very soon, the auther will write another article of how he learns from the lession learnt.
    Jul 23, 2013. 04:14 PM | 1 Like Like |Link to Comment
  • A 15.8% rise in the M2 money supply in May and aggregate financing of over 1T yuan shows there is plenty of liquidity in China, state-controlled Xinhua news agency says in a commentary piece. Last week's credit crunch in the banking sector was therefore due to widespread speculative trading and shadow financing. The article confirms suspicions that the central bank, which let short-term lending rates hit record highs before intervening to ease the problem, wanted to send a warning as it looks to slow down the credit boom. [View news story]
    Everything from China has been questioned and suspected for last10-30 years, let alone any investments encouraged. Why all the sudden people talk about bad investments in China if ones never believed and invested before. China was and is doing better every year last 30 years on its own and will do better next 20 years.
    Jun 23, 2013. 03:36 PM | 2 Likes Like |Link to Comment
  • Thoughts Concerning Gold [View article]
    they hold real assets and you have paper.
    Jun 18, 2013. 11:36 AM | 2 Likes Like |Link to Comment
  • China Not Crash Landing [View article]
    It is idiot news media commentators first named a fake topic called "China crash landing", then the same idiots come back saying "China not crash landing". These idiots never know China in first place but talking about China from their back holes.
    Nov 23, 2012. 11:23 PM | 2 Likes Like |Link to Comment
  • What’s Really Behind QE2? [View article]
    You have Ben buy 600 Bil next 6 months but Feb still runs deficits. Do you think Ben can stop. Everyone knows what happens when QE stops.

    If printing money can save a country, then nobody has to work like Wall Street fat cats as Allen and Ben feed citizen wealth for their own ethic group.

    When someone sucks in too deep into stupid textbook and news media, they forget a basic common sense as human being. You have to work to accumulate your wealth.
    Nov 21, 2010. 11:30 AM | 6 Likes Like |Link to Comment
  • Real Estate Is Not a Good Investment When Interest Rates Are Low [View article]
    I heard many comments on Americans are idiots on the math and lack of common senses regarding individual financial management. This author give himself a perfect sample - idiot.
    Nov 2, 2010. 08:59 AM | 5 Likes Like |Link to Comment
  • Bankruptcy Reform: The Ultimate Foreclosure Safeguard? [View article]

    That isn't socialist either. Socialism rely on each citizen working hard and contribution to get his/her share. In USA, we have 47% people do not pay tax, 23% live on handouts, 50% non-competitive in global trading, more than half are lawyers, wall street suckers, activists, lobbyists who do not create wealth in this country.

    There wasn't true capitalist system in USA last 20-30 years. Our inherits from the day we found this country are long gone. That is the root of the problems and we are down to the toilet.
    Oct 29, 2010. 12:16 PM | 1 Like Like |Link to Comment
  • Home Prices: Falling Again [View article]
    More than that, US has so many lawyers, financiers, doctors, politicians, environmental activists, lobbyist, etc. who never create any real wealth but suck from working classes.

    Then US has 47%+ population never pay tax and 23+% living on hand-outs, 40% non-compete labor force, and young kids can only make things on internet.

    This is structure problems, and there is no way to get out of hole unless we change constitution and basis of this country back to who we are and what base US on.
    Oct 27, 2010. 08:29 AM | 3 Likes Like |Link to Comment
  • The G20 Communique - A Victory for Asia [View article]
    <<we project that flexibility going forward, by 2015 the U.S. may be the Surplus country and Asia may be the deficit block.>>

    This is idiot statement. When Euro rises from 0.80 to 1.4, German has increasing trading surplus with US. The same with Japan when Japanese Yen rise from 250 / $ to 80/ $, with China when RMB rises from 8.25/$ to today's 6.7/$.

    US has trading deficit and account deficit due to its structure problems and loss of its combativeness in global trading. Look around you, how many things we can MAKE to compete? The cost of labors and materials is about 25-32% of a product made in USA. We had too many lawyers, environmental activist, politicians, wall street blood suckers, over priced doctors. They do not create wealth in this country, they have their hands in your pockets getting more than 50% of country wealth. This is the problem of US.
    Oct 26, 2010. 10:12 AM | 1 Like Like |Link to Comment
  • Can China Save the World Economy? [View article]
    China is developing country and Chinese are working hard out of their poverty. They will not save American lazy a$$ living beyond its means. You have to solve your own problems because it is your problems.
    Jun 9, 2010. 08:33 AM | 7 Likes Like |Link to Comment
  • The Foreclosure Freeroll [View article]
    About 15% pays real tax in this welfare society, and top 3% pays most. They don't need to be bailed out. They can just leave. This is how some States / countries get poor.
    Jun 1, 2010. 09:54 AM | 3 Likes Like |Link to Comment
  • The Foreclosure Freeroll [View article]
    You forget big pictures. We are living a welfare (NOT socialist) socity. 40 MM out of 300M on food stamp, 41% pay NO tax but live on handout and another 30+% got more than tax paid from socity, 38% (will be 51%) of population has below average of international IQ who can not read and do the number, 2/3 overweigted, 1 of 3 are single parent, 50+% are broken divoced family.

    What's imprtant to not to pay mortgage in such socity.
    Jun 1, 2010. 08:23 AM | 7 Likes Like |Link to Comment
  • Still Clueless About Gold and Paper Money [View article]
    It doesn't matter until US creditors wake up realizing USD just as worthless fiat paper and start to dump it for gold. Chinese investors are doing that.

    Warren Buffett lives an era people believe USD but it is gone. So don't read too much his comments on about gold. Instead, listen to market. One thing by fact, I see a lot of signs on the street to pay USD for old gold jewelery. If the shops can not make money from these trades, they won't do it.
    May 30, 2010. 12:29 PM | 3 Likes Like |Link to Comment
  • How Safe Are U.S. Treasuries? [View article]
    Less safer than toilet paper.
    May 26, 2010. 07:52 AM | Likes Like |Link to Comment