wes mantooth

Dow Will Equal Gold in 2009

Until this deleveraging is finished gold prices will continue going lower. We have a long way (years) to go until this happens due to rising unemployment.

Chesapeake Energy Unlikely To Remain this Cheap

CHK has alot a debt. That's not good in this environment. I'll pass.

Iceland: When Too Big to Fail Becomes Too Big to Rescue

Good news. They've lifted the restrictions on drilling for whale oil.

Commodities Should Profit from the Bailout Plan

"wes: the author is correct. The current moves will put a paper bottom under the housing market. So prices will stabilize and start going up _ victory for the goverment!"

You really think the government has any control over this? You're cute.

Commodities Should Profit from the Bailout Plan

Until housing bottoms there will be no inflation. Deflation rules for now.

The Election's Impact on the Market

Very good article. Mirrors my own beliefs actually.

Inflation or Deflation?

I agree with dougnhi in that deflation will be the end result. Ben's printing press works wonders when people can't spend money fast enough hoping to make even more money on the parabolic asset class of the moment. The problem is that the root of our economy is primarily based on consumer perception. You can sense that peoples' attitude towards credit is changing right now. They witness the pain of their overleveraged neighbors and they become even more risk averse. Potential homebuyers now have the "wait until prices drop even more" attitude instead of "buy it quick before it's snatched up by someone else!". This mind-set is at the root of a deflationary environment. When everyone is looking for the best deal possible the demand for credit is severely weakened and no amount of printing presses and helicopters can defeat it once it takes hold.

Value Investors, Remember Margin of Safety

"friend"

About the only people naked shorting are the banks. They're probably naked shorting their own shares in fact.

I agree that it should be illegal.

Wake Up America, You’re Sinking

"Did you say the USD will become stronger as it becomes scarcer. LOLOL!!!! That's a new one. I never heard that before. The dollar is out there like confetti it is hardly scarce."


If you have wheelbarrows of cash at your disposal please take it to your nearest bank. They could sure use it since they're going broke from a lack of it.

Is Value Dead?

I'm a fan of both. lol

Is Value Dead?

Many value gurus forget one of the cardinal rules of value investing. Know what you're investing in. If you can't understand the value of the business then you don't invest in it. This is why I invest with David Berkowitz and Fairholme. He's a value investor that sticks to his knitting. He's also beating the averages handily this year. Again.

Wake Up America, You’re Sinking

Great article. Why doesn't the mainstream media talk about deflation? All I ever hear them talk about is inflation. Maybe it's too difficult for the average person to understand.

Will the Fed 'Disappear' in the Next Decade?

We can only hope the Fed would disappear. This whole scenario playing out is just a power grab for them. Makes one think maybe it was intentional.

The Deflation/Inflation/Stagnation Debate

"Mantooth, I think you need to review your economic events."

Thanks for the history lesson and all but Japan's lost decade was a deflationary event...not stagflation.

The Deflation/Inflation/Stagnation Debate

"The fed should allow deflation. It will be painful but better for our country long term."

This is one of the dumbest things I've ever read. Yes, let's cripple our economy for an entire generation. Please go read about the Great Depression or the Japanese econmy from the early 90s to the present day. No winners there sir.