nevket240

In a wide-ranging interview with Index Universe, Nouriel Roubini says he doesn't believe in commodities ("rising commodity prices are not justified by the fundamentals"), oil ("I worry that oil is going to go up above $100 for reasons that have nothing to do with the fundamentals of supply and demand"), or gold ("without inflation, or without a depression, there’s nowhere for gold to go").

("without inflation, or without a depression, there’s nowhere for gold to go").
So, where are we???
A 'toilet paper' funded, low volume, shyster organised market ramp that hides market fundamentals is surely a reason to hold some Gold.
NR should take a break from BigWig parties and talk to some of the 20% under/unemployed, that may wake him up.
regards.

Will Housing Data Show Improvement This Week?

Just as the AGW scammers started calling wisps of wind "Hurricanes" to diddle the data, what size tent can be called residential construction??? Does it require a metal frame to qualify???
regards


On Oct 20 08:26 AM User 16123 wrote:

> At this stage of our financial demise - tent cities are the only
> industry seeing an increase within the financial and consumer discretionary
> sectors. GS, JPM, WFC, C and BAC all have the key rolls here. Can
> they keep the growth of tent housing down through the winter? We
> will see their humane side soon enough. Foreclosures in the winter?
> FASB may require foreclosure increases. We shall see.

BLS vs. ADP Numbers: Employment Outlook Is Improving

Just another Pump monkey.
The BLS figures are just another indication of the moral corruption that has destroyed the US. Why give them cred by quoting them??

regards

Coming Soon: Banking Crisis of Historic Proportions

John>
the Black Swan we are all waiting for is presently shaking Japan and Taiwan. Too many of these medium sized tremors have occured lately. Methinks a real big one is on the way. Goodbye Tokyo.

regards

The Market Bubble Is About to Pop

The rise in commodities is due to actual physical Chinese reserve building to disgorge US$ holdings & the usual speculation of people who see this happening and think it will continue ad infinitum.
(beware the over building of condo cities in China. It is going to take their banks down, big time ))
regards


On Aug 14 02:22 AM Student of History wrote:

> Perhaps the run up in comodities is due to the fact that foreign
> investors do not trust the dollar or dollar based investments? I
> don't blame them.
>
> Other than commodities, what other viable options do they really
> have?

The Market Bubble Is About to Pop

Stupid statement. Gold is NOT a commodity. It is put in that basket by the Ignorant. Gold is a currency. Only the mindless or the mendacious try to bracket Gold with Iron or rice.
regards


On Aug 12 05:02 AM Maxe Paul wrote:

> Ok Dr, talking about commodities and only mentioning China once should
> be a crime in itself, they go hand in hand.
>
> When the market drops, commodities will follow down, holding commodities
> such as gold will be foolish.
>
> Now the moral to the story is, China is the biggest bubble risk,
> China stocks down, commodities down, everything down.

Jim Rogers: Focus on China

I've just returned from a trip to China. The over building of Condo Cities is an eye-sore. Mini cities of 30-40 storied buildings in groups of 10 or more dot the landscape for miles. Not one light on in any of them. Sooner rather than later the banks will buckle. The population is slowly getting wealthier. But most do not have the cash to buy such housing. When the banks buckle under bad bets on stimulus driven development look out below.

regards

Priming the Pump for $20/Gal. Gas: Interview with Chris Steiner

Not a very good book by the look of things. WalMart & others will simply adapt if their management is up to the task. $20 fuel is BS.
No economy could tolerate such a cost. The national transport system would grind to a halt long before that. Cost inflation would also be economically untenable. Me thinks he is a "Fear-Rider".
Like Gore, out for the $$$$$$
regards

Jul 11 12:09 PM Rhett wrote:

> Walmart sells junk?
>
> 45% of Walmart's business is groceries. Is that junk? And the inexpensive
> clothes, hardware, toiletries, drugs. Are these junk, too?
>
> Of course not. You obviously outreach yourself.

Unemployment Data: Exhaustion Rate Will Soon Lead To False Green Shoot Chatter

No.!! the teaching of methods is not the problem with the USSA or the UK. the problem is a steadily growing level of sytemic corruption within the "Elite". Rome suffered the same decline.
Had the regulators been on the job this economic collapse would, most likely, have not eventuated as it has.
regards.


On Jun 05 12:51 PM Anandakos wrote:

>
> Iowaboy,
>
> The process you describe has indeed been capitalism's "way out" of
> the conundrum that minimizing labor costs is to the advantage of
> any given firm, but maximizing employment is to the economy's advantage.
>
>
> Technological innovation has been the method by which the advanced
> economies have solved this problem: new products and processes led
> to new jobs to replace -- and more -- those lost to obsolescence.
> Unfortunately, what worked when the advanced economies had the only
> sophisticated workforces available to create the new products no
> longer does.
>
> What has derailed the process is that the United States and Britain
> have successfully taught our business methods to other nations --
> doing so was very generous -- and with widespread telecommunications
> availability and robots that do the highest-tech activities everywhere,
> borders and distance present only a tiny fraction of the limits to
> trade they once did.
>
> Therefore, innovation does not offer the advanced economies a way
> to grow their way out of recessions. The truth is, this big downturn
> is just the 2000 technology bust finally having its full effect.
> It was delayed for seven years by enormous inflation of the money
> supply and artificially low interest rates generated from the need
> of Asian exporters to do SOMETHING with their huge inflows.
>
> Innovation will continue to work for the gifted portion of humanity,
> but no longer will average people be able to share in its benefits.
> Though innovation itself may well largely stay in the advanced economies,
> the production of the actual goods created by it will increasingly
> migrate to lower-cost environments.
>
> The only thing that might reverse this trend is the cost and availability
> of transportation and distribution fuels but that will not happen
> for a decade or so. Individuals may not be able to drive as much
> as we have become accustomed to doing, but sufficient fuel to power
> the container ships will be available for the foreseeable future.
> The profits from labor arbitrage are too great.
>
> On Jun 05 09:25 AM iowaboy wrote:

How the Gold Game Could End

Do you know that smoking is bad for you?? The wacky-tobacky is even worse. Take care of your health Vitaliy.

regards

Exclusive: Big Banks' Recent Profitability Due to AIG Scam?

Absolute rubbish!!
After 80 years of marxist incompetence and corruption the Russians were already a 3rd world country. What are you trying to achieve with this propaganda??
regards


On Mar 30 11:28 PM nova wrote:

> prudentinvestor wrote:
> " The government had to make a choice: (a) nationalise the large
> banks and reboot, or (b) prop them up and save their powerful managers.
> They chose (b), which requires shovelling hundreds of billions, if
> not trillions, into private for-profit companies, at the expense
> of taxpayers. so this "news" is no surprise, and likely just the
> tip of the iceberg."
>
> Something very similar did happen in the former Soviet Union 15-20
> years ago. The first Russian president Boris Yeltsin together with
> a group of selected con-artists looted the entire state. The general
> population standards of living went down 85%. All savings were completely
> wiped out.
>
> At the same time,using very sophisticated schemes,
> - Zillions of US$ were transfered into offshore accounts of Yeltsin
> family members and close to president con-artists
> - General population became impoverished
> - Suddenly a new class of Russian oligarchs appeared. At least dozen
> Russian oligarchs immediately appeared in the Forbes 100 riches people
> of world. These oligarchs seized all most profitable companies and
> enterprises.
> - To protect themselves and their loot, Yeltsin transfered all political
> power to the State Security Agency (a.k.a. KGB) and their boss A.
> Putin. Consequently, Russian people found themselves back in "state
> slavery times".
>
> How was is done? It all was done under a slogan of "Democracy and
> Privatization".
>
> "Privatization", in a nutshell, worked very simply:
> - Privatization of most lucrative enterprises was done "privately"
> when billion-dollars corporations were transfered into "right" hands
> for just few millions dollars
> - These "right people" got these millions dollars for free quietly
> from the State banks.
>
> Our former president GW Bush was very good mind reader. He looked
> into Putin's eyes and recognized someone very close to him: the same
> gangster, liars and a thief.
>
> WOW. America, you have selected the Russian way going to the future.

Gold Against Stocks Over the Decades: Not as Impressive

Anyone who bought $1 miilion in Gold in 2000 has now trebled their cash. How have the stock investors profited???
Gold, as indicated by your chart has a lllloooonnnggg way to go before this sh#tfight is over.
regards

2009 Depression Will Be Nothing Like 1929

The "elongation conondrum". how can you earn your way out of an economic sh*thole when you make nothing to sell except burgers and "financial products"????? to get maunfacturing back is starting from scratch. thus the contraction has to be elongated, no other way.
regards.

On Mar 06 08:42 AM Willie Makeit wrote:

> harumphhhhh...well, this " depression " talk is great for discussion
> over cocktails and oer's d'oerves but really you ignore the fact
> that the internet ( I didn't know the internet produced anything
> * cough * ) and the rest of it ignore the sheer incompetence of government
> officials and CEO's who continue to be rewarded. In other words,
> there is no safe haven anywhere because of the very existence of
> the global connectedness and the ignorance that poisons the system.
> This whole affair makes a great deal of people look very foolish.
>
>
> It has made me and many others question the very basis of our monetary
> and fiscal system. Perhaps , you will consider a thoughtful entreaty
> on this subject.
>
> As far as I can tell, you wrote this in about 15 minutes with about
> as much thought. Are you sure that Al Gore didn't ghost write this
> with you ?
>
> What ever happened to manufacturing or production or just the basic
> laws of economics ? savings, investment, dividends, transparency,
> honesty,etc,)
>
> Apparantly , we haven't learned a flipping thing.

The Citigroup / Gold Ratio

Try Gold $3000/Dow 3000 end of 2012


On Feb 23 11:44 AM foxy44 wrote:

> why compared C to Gold, crazy!!!
> DJ and Gold ratio Yes, nothing else, when you see DJ 5000 Gold 2500
> is time to sell, or little bet early.

Why China Can't Dump U.S. Treasuries

Selling what to who??? Haven't you heard. The USSA consumer is up to its hair-piece in debt. That is why your ports are now packed with unsold cars and trinkets. The Jeen will soon have their own consumer society and will sell your worthless paper to fund their own social survival.
regards


On Feb 14 08:03 AM sundrenched wrote:

> Again: timeframe. Who cares about 2020, that has nothing to do with
> the crisis we're in now. In the near term the Chinese government
> will do what it can to keep up its export sector, which includes
> selling to the US and recycling the dollars. Chinese consumer economy
> is just over 30% of GDP vs 70% in the US.