name

Why This Rally Will Continue

bears are not saying that the recovery will be sluggish.
bulls are saying the recovery will be sluggish.

Rough day for homebuilder Lennar (LEN). Shares fell 18.6% after it disclosed it's being sued over China-manufactured drywall it used in 2005-2006 which may emit various sulfur-based gases. LEN also filed to sell up to $275M in shares to increase working capital and repay debt.

On the contrary, Lennar is doing just fine. Those who are having a "rough" time are the poor families who simply purchased a domicile and thanks to cretins and con-men from China to the U.S., are now owners of a totally wasted asset and worse than that these families are now suffering ailing health.

Toll Brothers Insider Selling Speaks Volumes About True Health of Housing Industry

I feel sick over this poison drywall from China.
I feel sick/angry that suppliers and manufacturers show disregard for their own supply chain. Where was the bloody regulation?!

America is just becoming a nothing country. The Chinese state-business sector is sending poison exports to America (and elsewhere) and nothing is being done to stop the problem at its root--China.

Did the ECB Save COMEX from Gold Default?

Bravo for that last sentence!


On Apr 02 02:15 PM kohalakid wrote:

> SW Richmond
>
> I didn't say you had to like the fact that big boys can push markets
> around, I said we are understanding that it can and does happen.
>
> If you don't think whatever market you trade in gets moved by traders
> bigger than you, you shouldn't be trading that market.

Gold Correction Now More Likely than Not

Wow! Thanks Burge. Your comment above is really interesting.

The Rally, When It Comes, Will Be a Doozy

When you're not so busy showing all and sundry how clever you are, you can tell him yourself.


On Mar 07 11:41 AM MBL wrote:

> Someone should tell milkchaser that real wage growth means wage growth
> after being adjusted for inflation.

A Sad Day for Newspapers

Relayer 10,

thank you for your illuminating and thoughtful comment. You have outdone the author of the article. The author could have engaged in actual analysis, but curiously, is playing violins instead.

The change of management executives from groomed news men and women to just straight accountants is precisely what one would expect from a society that is more and more (post WWII) under the sway of business interests; that is the desire for more and more profit.

It seems to me that if one is a sane human being the profit function of a firm is pursued but one still pays attention to the actual product that the firm makes. One does not debase the actual product to increase profit and then have the temerity to tell the end user they are still getting the unblemished high quality product they've come to expect.

That kind of unprincipled (and in some cases deranged) pursuit of profit in any industry ranges from pitiful to tragic. With the newspaper industry information is degraded. A newspaper has less or erroneous information, informed opinion becomes less informed. But the executives still claim to be manufacturing a newspaper. In the food industry Tyson Foods will sell you something they want you to believe is chicken, when really it is chicken laced with hormones and God knows what else. Or some infant formula manufacturer will tell you they are selling you milk when really it's melamine.

The standard economic outcome for firms that make crummy or lethal products is that they will fail eventually due to competition and a decrease in demand for their rotten product. But in the interim so much damage and pain is caused.

The Economy, And Why It's Taking So Long to Fix It

The title of your piece (and the sentiment of the article) is reminiscent of the child passenger who repeats the phrase, "are we there yet?"

You make a dubious claim that the economy is taking "so long" to fix. So long relative to what sir? This credit crisis is borne of a grotesque project of Securitization begun over thirty years ago. Although the phrase is not often heard these days, it is still true that 'chickens come home to roost'.

Please visit Ritholtz: www.ritholtz.com/blog/.../

Contrarians: Time to Ditch Gold, Look at REITs

What silly advice: buy REITs during a time of massive economic contraction.

Gold Correction Now More Likely than Not

Thanks for the article, it's always a pleasure to read commentary on gold that is sensible. I too believe that gold is a wise (life saving?) long term investment. BUT, right now in the short term i believe it should be shorted. At the very least no one should be a buyer.

Gold's technical resistance at $1000 is not to be taken lightly. Hedge funds are still to my knowledge under severe redemption pressure. They have bought in to gold's current uptrend; they will severely drive down gold's price very soon.

If one waits for a big correction to buy gold, you'll extend your precious purchasing power and be buying a great long term asset.

The Right Position in Gold for the Short Term

On Feb 23 09:23 AM emily x wrote:

> If "the other commodity" is silver, tho, you wouldn't buy SLV --
> right? He's saying short silver now, so now I have to go find the
> short-silver etf, which he could have just told us instead of the
> b.s. mystery. What, am I supposed to order your newsletter for the
> answer?


Oh thank you. I had a good laugh after a hard day at work. Ha ha "b.s. mystery." I could not have said it better myself.

Decoding What Gold Is Telling Us

On Feb 20 08:32 PM Mayascribe wrote:

> Gold may quaver around the pyschological $1000 mark for a while.
> But it will go up. It has to. Someday, inflation's coming in a big
> way.


...uhh, someday, Someday!?

We're not going to have inflation for a long while yet mate.