Mountain Fist

Our Coming Depression

mbr, I think right now very few are nearly pessimistic enough. I have absolute faith in my ability to weather this and help all that I care about do the same. As far as the rest of your comment I agree somewhat. I will be buying foreign denominated stocks long before I'm back in the US market.

Our Coming Depression

Thank you for this article. It is one of the most intelligent, well thought out, fact-based articles I've ever read on Seeking Alpha. If you question his research and facts, you might wan't to do a little research of your own. I disagree with all of you who chastise this author for writing with a realistic perspective. Before we ever get to acceptance there will be much anger and denial. I too am heartened by the fact that many of my generation are waking up to the facts and realities that face Americans today.

For us to move forward, the accceptance of our mistakes is necessary, and perhaps the most important factor. Our administration has been lying to us, saying the economy is not that bad, and we are not in a recession. How does it help to sugarcoat that fact, and lessen the acceptance of this current economic situation?

Chris B, I have been wrong in the past and attacked you unfairly in some instances. It is clear to me that we may be more in agreement on some things than I'd previously assumed though not in agreement on many. I absolutely agree with you that some of the best investments anyone can make in our current situation, are in educations on things that will be useful to a rebuilding country and their fellow citizens.

Right now my top investments are in books, educational courses, and a couple of businesses that should be greatly helpful to my fellow Americans who are hurting financially. I also believe strongly in the need to get passports for my family, hold some assets denominated in precious metals, and also to get emergency related supplies for the protection and support of my family.

We save and invest much now (though not in the US stock market), are producing things of value to the average American, and consume/spend very little. This should be the mantra for every American.

Oh, and one more thing, vote out EVERY Democrat or Republican who voted for the bailout bill. Hell, vote out any of them not endorsed by Ron Paul. Write in a candidate, like Ron Paul, who has an honest voting record that doesn't flip-flop on every issue. At least we know how he will handle the situation, and if he was wrong we can't be dis-illusioned by having voted for him, because he's been voting his beliefs for 30 years without fail, and will continue to do so in any governmental function!

Voting for Obama, a Constitutional law professor before being a politician, who being one of the more educated people about the Constitution in this country, gave a great and impassioned speech about how the Patriot Act would rape our Constitution, then proceeded to vote in favor of that very same act, will not help this country one iota. And this is not even including the facts as to where his campaign monies originate.

Voting for McCain, who shows so little a grasp of economics, that he can't even answer valid economic questions intelligently, is equally ludicrous. Not only that, but history has shown us that putting men in positions of power who have been tortured, is a VERY bad idea.

I don't know it all, but I learn every day.

Does the VIX Need To Spike In a Climactic Low?

Excellent objective article on the current state of the markets.

3 Economic Crises: My Take

Nice article. Commodity cycles indeed average 10 to 15 years. However, in the past there was additional supply to meet demand therby causing things to correct. With our current world population growth and demand from developing countries, I believe we are in for a longer, rather than shorter commodities bull market. Time will tell.