Celcius's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/225474/comments http://seekingalpha.com/article/177683-is-debt-inherently-bad?source=feed#comment-802356 802356
IMO business debt is bad, it pulls forward production capacity, creates overcapacity, and reduces future spending due to debt servicing. Furthermore, business cycles are hard to predict, so expanding capacity with debt at the wrong time in the cycle can create significant cash flow problems as revenues decline. This can create a balance sheet recession as businesses seek to reduce debt rather than invest profit generating activities.

Market competition compounds the problem, since most market participants have access to debt. This can cause competing companies to significantly leverage capacity trying to out maneuver the competition. This works as long as the economy grows, but once it contracts the debt overhead along with market over capacity can force some companies into bankruptcy as we are experiencing in our current economic circumstances.]]> Fri, 11 Dec 2009 17:50:41 -0500
IMO business debt is bad, it pulls forward production capacity, creates overcapacity, and reduces future spending due to debt servicing. Furthermore, business cycles are hard to predict, so expanding capacity with debt at the wrong time in the cycle can create significant cash flow problems as revenues decline. This can create a balance sheet recession as businesses seek to reduce debt rather than invest profit generating activities.

Market competition compounds the problem, since most market participants have access to debt. This can cause competing companies to significantly leverage capacity trying to out maneuver the competition. This works as long as the economy grows, but once it contracts the debt overhead along with market over capacity can force some companies into bankruptcy as we are experiencing in our current economic circumstances.]]> http://seekingalpha.com/article/164198-why-value-investors-should-avoid-gold?source=feed#comment-698968 698968
A sound investor will, like a bank, keep a percentage of their wealth in gold bullion. It is the base asset in the financial pyramid relative to risk.]]> Thu, 01 Oct 2009 17:12:33 -0400
A sound investor will, like a bank, keep a percentage of their wealth in gold bullion. It is the base asset in the financial pyramid relative to risk.]]> http://seekingalpha.com/article/164251-the-next-major-crisis-brewing?source=feed#comment-698949 698949
And, lastly remove property taxes, since we are no longer an agrarian society that generates income from our land.

And, finally tax income at 20% and wealth (assets) at 1% at a flat rate rate with no exemptions! This should produce more than enough treasury revenue to run the government. Especially, the wealth tax, since it would counteract the macro-economic tendency to concentrate 90% of the wealth in the hands of 1% of the population.]]> Thu, 01 Oct 2009 16:52:28 -0400
And, lastly remove property taxes, since we are no longer an agrarian society that generates income from our land.

And, finally tax income at 20% and wealth (assets) at 1% at a flat rate rate with no exemptions! This should produce more than enough treasury revenue to run the government. Especially, the wealth tax, since it would counteract the macro-economic tendency to concentrate 90% of the wealth in the hands of 1% of the population.]]> http://seekingalpha.com/article/163855-why-there-will-be-no-recovery-and-markets-will-trend-lower?source=feed#comment-696320 696320
"China's population has a savings rate of 40%. " &
"In China the consumer provides for their own health care, retirement etc."

This is exactly what we need here. Get the government out of healthcare and retirement and our savings rate will dramatically increase.

Our government should also consider making the interest gains from CD's tax free. This would provide the savings for commercial bank lending. It's a win/win incentive.]]> Tue, 29 Sep 2009 21:16:54 -0400
"China's population has a savings rate of 40%. " &
"In China the consumer provides for their own health care, retirement etc."

This is exactly what we need here. Get the government out of healthcare and retirement and our savings rate will dramatically increase.

Our government should also consider making the interest gains from CD's tax free. This would provide the savings for commercial bank lending. It's a win/win incentive.]]> http://seekingalpha.com/article/162987-u-s-quantitative-easing-has-just-begun?source=feed#comment-689906 689906
If US companies want to hire foreign workers then they should outsource them to India or China. At least these wages are recorded in the Current Account Balance and will cause currency appreciation in the outsourcing country. H-1b's undercut this process by suppressing local wages indefinitely. Outsourcing wage costs would rise with the currency appreciation. Especially, as the dollar depreciates against other major currencies making domestic wages more competitive.


On Sep 23 08:21 PM inthemoney wrote:

> > If Obama wants to create jobs for US citizens he needs to permanently
> end the H-1B, H-2B, etc.. foreign worker programs. This would significantly
> reduce unemployment for US CITIZENS. There is no excuse as to why
> these programs should remain with 16+% unemployment (full & part-time).
> Corporate America has used these foreign worker programs to undercut
> US salaries, and fatten executive salaries.
>
> If you ban H1Bs these jobs will simply be exported as well because
> there are simply not enough qualified americans in certain areas.
> We need to get more H1Bs , they are educated hardworking people who
> will be spending their money here in the US, buying the houses in
> the US, they don't need our tax dollar support like illegal immigrants,
> they pay SSN even though they are never going to use it unless they
> eventually become citizens.
> In short, you are barking at a wrong tree.]]> Thu, 24 Sep 2009 17:07:17 -0400
If US companies want to hire foreign workers then they should outsource them to India or China. At least these wages are recorded in the Current Account Balance and will cause currency appreciation in the outsourcing country. H-1b's undercut this process by suppressing local wages indefinitely. Outsourcing wage costs would rise with the currency appreciation. Especially, as the dollar depreciates against other major currencies making domestic wages more competitive.


On Sep 23 08:21 PM inthemoney wrote:

> > If Obama wants to create jobs for US citizens he needs to permanently
> end the H-1B, H-2B, etc.. foreign worker programs. This would significantly
> reduce unemployment for US CITIZENS. There is no excuse as to why
> these programs should remain with 16+% unemployment (full & part-time).
> Corporate America has used these foreign worker programs to undercut
> US salaries, and fatten executive salaries.
>
> If you ban H1Bs these jobs will simply be exported as well because
> there are simply not enough qualified americans in certain areas.
> We need to get more H1Bs , they are educated hardworking people who
> will be spending their money here in the US, buying the houses in
> the US, they don't need our tax dollar support like illegal immigrants,
> they pay SSN even though they are never going to use it unless they
> eventually become citizens.
> In short, you are barking at a wrong tree.]]> http://seekingalpha.com/article/162987-u-s-quantitative-easing-has-just-begun?source=feed#comment-689890 689890
In regards to the economic meltdown there are several major factors that have contributed: greed, repeal of the Glass-Steagal Act, Greenspan's creation of cyclical bubbles via low interest rates, the shadow banking system (GS & crew), CDO's, SIV's, CDS's, ratings agencies, and the failure of our government regulatory agency's.


On Sep 23 05:55 PM cash wrote:

> >>If Obama wants to create jobs for US citizens he needs to permanently
> end the H-1B, H-2B, etc.. foreign worker programs.
>
> That is it! Blame the unemployment on these earnest, hard-working,
> educated and under paid folks! Not the banksters, house flipping
> spend-thrifts and the union thugs that pocketed billions at the expense
> of tax payers. Of course not, the banksters own the treasury &
> fed, the unions own the politicians. They are untouchable.]]> Thu, 24 Sep 2009 16:52:33 -0400
In regards to the economic meltdown there are several major factors that have contributed: greed, repeal of the Glass-Steagal Act, Greenspan's creation of cyclical bubbles via low interest rates, the shadow banking system (GS & crew), CDO's, SIV's, CDS's, ratings agencies, and the failure of our government regulatory agency's.


On Sep 23 05:55 PM cash wrote:

> >>If Obama wants to create jobs for US citizens he needs to permanently
> end the H-1B, H-2B, etc.. foreign worker programs.
>
> That is it! Blame the unemployment on these earnest, hard-working,
> educated and under paid folks! Not the banksters, house flipping
> spend-thrifts and the union thugs that pocketed billions at the expense
> of tax payers. Of course not, the banksters own the treasury &
> fed, the unions own the politicians. They are untouchable.]]> http://seekingalpha.com/article/162987-u-s-quantitative-easing-has-just-begun?source=feed#comment-688152 688152
Corporate law should also require cost cutting employee pay cuts to start from the top down at the same proportional rate as all workers. If labor gets a haircut, then start at the top! The same with layoff's, top down.]]> Wed, 23 Sep 2009 17:04:16 -0400
Corporate law should also require cost cutting employee pay cuts to start from the top down at the same proportional rate as all workers. If labor gets a haircut, then start at the top! The same with layoff's, top down.]]> http://seekingalpha.com/article/162503-get-long-the-u-s-dollar?source=feed#comment-685340 685340 Mon, 21 Sep 2009 17:11:51 -0400 http://seekingalpha.com/article/160954-housing-bottom-oh-really?source=feed#comment-672697 672697 Fri, 11 Sep 2009 16:36:27 -0400 http://seekingalpha.com/article/160866-obama-faces-decision-time-on-trade?source=feed#comment-670963 670963
What about the economic value of the US tire manufacturers salaries? The income tax revenue, the money multiplier of their bank deposits, the income spent within their local economies, the velocity of the money within their local economy, and the tax multiplier as the money is spent within the local economy. The fuel savings to ship the tires locally vs. across the pacific. What is the environmental cost to global warming of the additional CO2 produced from the Chinese tire factory? What is the cost of the Chinese pollution: air, water, and soil to the global economy? Are the Chinese using prison labor to produce the tires? What is the local market purchasing power of the Chinese Yuan vs. the US dollar? And, if the Yuan is kept artificially low, then the sales of the Chinese made tires on the US market is actually dumping, since they are being sold artificially below their real market value in the US. What are the US health care costs due to the Chinese pollution created? What is US insurance cost of the global warming due to more extreme weather patterns? I can go on...

The sad thing is that when most financial comparisons are done only the labor costs are examined and compared. There are significant financial losses to the local economy from imports. Especially, when they are not in balance with exports. What we need is a rising tariff on all imports by country until imports and exports are in balance. Currency value manipulation has prevented free trade with our trade partners for decades, and what we need is fair trade: where both countries can prosper and build wealth.]]> Thu, 10 Sep 2009 18:06:59 -0400
What about the economic value of the US tire manufacturers salaries? The income tax revenue, the money multiplier of their bank deposits, the income spent within their local economies, the velocity of the money within their local economy, and the tax multiplier as the money is spent within the local economy. The fuel savings to ship the tires locally vs. across the pacific. What is the environmental cost to global warming of the additional CO2 produced from the Chinese tire factory? What is the cost of the Chinese pollution: air, water, and soil to the global economy? Are the Chinese using prison labor to produce the tires? What is the local market purchasing power of the Chinese Yuan vs. the US dollar? And, if the Yuan is kept artificially low, then the sales of the Chinese made tires on the US market is actually dumping, since they are being sold artificially below their real market value in the US. What are the US health care costs due to the Chinese pollution created? What is US insurance cost of the global warming due to more extreme weather patterns? I can go on...

The sad thing is that when most financial comparisons are done only the labor costs are examined and compared. There are significant financial losses to the local economy from imports. Especially, when they are not in balance with exports. What we need is a rising tariff on all imports by country until imports and exports are in balance. Currency value manipulation has prevented free trade with our trade partners for decades, and what we need is fair trade: where both countries can prosper and build wealth.]]> http://seekingalpha.com/article/159848-eur-usd-parked-in-neutral-and-going-nowhere?source=feed#comment-661306 661306
A fear of US economic collapse due to violent economic events, bank failures, could reach a tipping point that sends everyone rushing out of the USD to other asset classes like gold, euro's, commodities, etc...

Either way violent of graceful I think investors will leave the dollar over the long-term.]]> Fri, 04 Sep 2009 00:52:05 -0400
A fear of US economic collapse due to violent economic events, bank failures, could reach a tipping point that sends everyone rushing out of the USD to other asset classes like gold, euro's, commodities, etc...

Either way violent of graceful I think investors will leave the dollar over the long-term.]]> http://seekingalpha.com/article/159833-money-supply-the-myth-of-hyperinflation?source=feed#comment-661117 661117 en.wikipedia.org/wiki/...
The act of ex nihilo disgusts me, since they are creating something of value and purchasing something of value - US treasuries or toxic assets. The toxic assets are probably worthless, but ultimately they have an asset. At some point though they will have to reverse the process and remove the excess capital from the market. I wonder how much the FED earns from the ex nihilo QE process.]]> Thu, 03 Sep 2009 19:59:48 -0400 en.wikipedia.org/wiki/...
The act of ex nihilo disgusts me, since they are creating something of value and purchasing something of value - US treasuries or toxic assets. The toxic assets are probably worthless, but ultimately they have an asset. At some point though they will have to reverse the process and remove the excess capital from the market. I wonder how much the FED earns from the ex nihilo QE process.]]> http://seekingalpha.com/article/159833-money-supply-the-myth-of-hyperinflation?source=feed#comment-661089 661089

On Sep 03 06:55 PM CC_Gold wrote:

> Celcius -
> That's why the Non-Federal Reserve doesn't want to audited. They
> claim it's a state secret.]]> Thu, 03 Sep 2009 19:23:52 -0400

On Sep 03 06:55 PM CC_Gold wrote:

> Celcius -
> That's why the Non-Federal Reserve doesn't want to audited. They
> claim it's a state secret.]]> http://seekingalpha.com/article/159833-money-supply-the-myth-of-hyperinflation?source=feed#comment-661075 661075 Thu, 03 Sep 2009 19:04:24 -0400 http://seekingalpha.com/article/159833-money-supply-the-myth-of-hyperinflation?source=feed#comment-661065 661065
Also, how is the FED expanding its balance sheet. What cash are they using to purchase the assets?]]> Thu, 03 Sep 2009 18:55:58 -0400
Also, how is the FED expanding its balance sheet. What cash are they using to purchase the assets?]]> http://seekingalpha.com/article/159833-money-supply-the-myth-of-hyperinflation?source=feed#comment-661024 661024 Thu, 03 Sep 2009 18:25:04 -0400 http://seekingalpha.com/article/159657-sure-its-legal-but-is-it-right?source=feed#comment-659537 659537 We now have Darwinian fascism!]]> Wed, 02 Sep 2009 22:22:38 -0400 We now have Darwinian fascism!]]> http://seekingalpha.com/article/159657-sure-its-legal-but-is-it-right?source=feed#comment-659372 659372
That would put their moral hazard into perspective. Heads you win, tails you die...

It's OK to speculate with your own money, but not with someone else's.]]> Wed, 02 Sep 2009 19:48:42 -0400
That would put their moral hazard into perspective. Heads you win, tails you die...

It's OK to speculate with your own money, but not with someone else's.]]> http://seekingalpha.com/article/159647-prepare-for-a-lower-dow-to-gold-ratio?source=feed#comment-659324 659324
There is certainly a tipping point where investors will lose confidence in the ability of the US government to replay debt, especially during high rates of deflation, and opt for an alternative medium of exchange vs. the dollar. In the next few years IMO gold will fill this void until the world economy recovers and a risk averse fiat currency appears.

Disclosure: 10% gold bullion position & 1% gold equity position]]> Wed, 02 Sep 2009 19:25:42 -0400
There is certainly a tipping point where investors will lose confidence in the ability of the US government to replay debt, especially during high rates of deflation, and opt for an alternative medium of exchange vs. the dollar. In the next few years IMO gold will fill this void until the world economy recovers and a risk averse fiat currency appears.

Disclosure: 10% gold bullion position & 1% gold equity position]]> http://seekingalpha.com/article/159655-the-true-cost-of-the-home-buyer-tax-credit?source=feed#comment-659300 659300
It looks more like a bailout for speculators. ]]> Wed, 02 Sep 2009 18:55:16 -0400
It looks more like a bailout for speculators. ]]> http://seekingalpha.com/article/159194-the-renminbi-as-a-reserve-currency-part-1?source=feed#comment-655633 655633 Mon, 31 Aug 2009 22:01:04 -0400 http://seekingalpha.com/article/156546-the-social-security-tax-increase-is-coming?source=feed#comment-633606 633606 Mon, 17 Aug 2009 15:43:46 -0400 http://seekingalpha.com/article/155676-unemployment-historical-chart-sends-scary-message?source=feed#comment-627383 627383

On Aug 12 11:33 AM Mad Hedge Fund Trader wrote:

> 67i. Welcome to the “square root” shaped recovery. That is the likely
> shape of the recovery curve we can expect over the coming years.
> If you back out what I call the “2000’s fluff” of excess car production,
> liar loans, using the home ATM for serial, annual refinancings, excess
> consumption, unneeded home construction to account for the new frugality,
> US GDP growth drops by 1%. Chop off another 1% for deleveraging in
> all its forms, including lower leverage ratios, the end of the collaterized
> debt markets and credit default swaps, ultra high junk yields, bond
> ratings for sale, and the new conservatism of CFO’s and auditors.
> That leaves you with the 1% growth rate that Japan has seen for the
> last 20 years. That means falling standard of livings, an unemployment
> rate permanently stuck at German style double digits, endemic deflation,
> a collapsing dollar, a comatose real estate market, and moribund
> stock markets. Where are the 37 million jobs going to come from that
> American needs over the next decade? If your kid is going to graduate
> from college soon, or cash out from the army, he better start learning
> Mandarin.
>
> 3% Average US GDP growth rate 2002-2007
> -1% Bank deleveraging
> -1% 2000’s fluff-liar loans, excess home construction, excess car
> production
> -1% real GDP growth 2010-2020]]> Wed, 12 Aug 2009 17:53:21 -0400

On Aug 12 11:33 AM Mad Hedge Fund Trader wrote:

> 67i. Welcome to the “square root” shaped recovery. That is the likely
> shape of the recovery curve we can expect over the coming years.
> If you back out what I call the “2000’s fluff” of excess car production,
> liar loans, using the home ATM for serial, annual refinancings, excess
> consumption, unneeded home construction to account for the new frugality,
> US GDP growth drops by 1%. Chop off another 1% for deleveraging in
> all its forms, including lower leverage ratios, the end of the collaterized
> debt markets and credit default swaps, ultra high junk yields, bond
> ratings for sale, and the new conservatism of CFO’s and auditors.
> That leaves you with the 1% growth rate that Japan has seen for the
> last 20 years. That means falling standard of livings, an unemployment
> rate permanently stuck at German style double digits, endemic deflation,
> a collapsing dollar, a comatose real estate market, and moribund
> stock markets. Where are the 37 million jobs going to come from that
> American needs over the next decade? If your kid is going to graduate
> from college soon, or cash out from the army, he better start learning
> Mandarin.
>
> 3% Average US GDP growth rate 2002-2007
> -1% Bank deleveraging
> -1% 2000’s fluff-liar loans, excess home construction, excess car
> production
> -1% real GDP growth 2010-2020]]> http://seekingalpha.com/article/155295-august-buying-time-for-gold?source=feed#comment-625502 625502
The gold reserves will provide them with the financial means to sustain military operations. They are also stockpiling mineral commodities which would allow them to continue military production without having to initially control strategic waterways for oils supplies.

On Aug 11 10:27 AM market_movement78 wrote:

> yeah, China does keep on increasing it's reserves...not sure why]]> Tue, 11 Aug 2009 16:06:51 -0400
The gold reserves will provide them with the financial means to sustain military operations. They are also stockpiling mineral commodities which would allow them to continue military production without having to initially control strategic waterways for oils supplies.

On Aug 11 10:27 AM market_movement78 wrote:

> yeah, China does keep on increasing it's reserves...not sure why]]> http://seekingalpha.com/article/155215-why-aren-t-we-undergoing-another-great-depression?source=feed#comment-624360 624360
There was a big bailout in the UK chariot business in 1205. French imported chariots with the Croissant and Brie holders were all the rage. It caught the Brits by total surprise. They tried to counter with a Haggis holder which ultimately flopped except in Scotland. So, the RBS had to be bailed out, because it made bad loans to Triumph Chariots and their grain guzzlers.


On Aug 10 08:04 PM Prudent Man CFA wrote:

> Is re-writing history a disease today?
>
> Recessions are caused by over expansion not because of the calendar.
> When Walter Heller, LBJ's chief economic adviser, wrote "We control
> the business cycle", I threw the book away. Not responding to over-expansion
> is like not responding to a heart attack. Call an economist at it
> will go away.
>
> What nonsense and counter-productive as it ignores reality and lulls
> people into false security.
>
> At a time when our country, as well as the world, has a debt load
> that is close to not being capable of service by our GDP we should
> not be listening to politicians, academics, economists and commentators
> that spout untenable theories.
>
> Tell me the conclusion and agenda you have and want, give me a choice
> of time periods, and I will deliver the answers you want. Did I
> tell you about the chariot price trend in 1203?]]> Tue, 11 Aug 2009 02:00:04 -0400
There was a big bailout in the UK chariot business in 1205. French imported chariots with the Croissant and Brie holders were all the rage. It caught the Brits by total surprise. They tried to counter with a Haggis holder which ultimately flopped except in Scotland. So, the RBS had to be bailed out, because it made bad loans to Triumph Chariots and their grain guzzlers.


On Aug 10 08:04 PM Prudent Man CFA wrote:

> Is re-writing history a disease today?
>
> Recessions are caused by over expansion not because of the calendar.
> When Walter Heller, LBJ's chief economic adviser, wrote "We control
> the business cycle", I threw the book away. Not responding to over-expansion
> is like not responding to a heart attack. Call an economist at it
> will go away.
>
> What nonsense and counter-productive as it ignores reality and lulls
> people into false security.
>
> At a time when our country, as well as the world, has a debt load
> that is close to not being capable of service by our GDP we should
> not be listening to politicians, academics, economists and commentators
> that spout untenable theories.
>
> Tell me the conclusion and agenda you have and want, give me a choice
> of time periods, and I will deliver the answers you want. Did I
> tell you about the chariot price trend in 1203?]]> http://seekingalpha.com/article/154840-an-unusual-dollar-reaction?source=feed#comment-624170 624170 Mon, 10 Aug 2009 20:16:35 -0400 http://seekingalpha.com/article/154901-peak-oil-for-dummies?source=feed#comment-622391 622391
The rate of decline will determine the severity of the crisis. Our national dependence on oil and being the world's largest military superpower should scare the hell out of oil producers. The US military will take what it needs from the world to survive in its current incarnation. We have more to fear from within than from without. Because we will be the aggressor in this conflict. And, we will spin it within some form of morality that belies our greed.


On Aug 09 09:47 AM Poborsky wrote:

> Great article. I believe that peak oil has already passed. There
> may be a good amount to be discovered in the arctic etc, but it will
> take many years to bring this online. US consumption alone is around
> 18m barrels per day. Do the maths and its frightening. Its not possible
> to keep up with supply. With many oil exporting nations being at
> the other side of the bell curve, they will stop exporting and have
> to use supply for their own demand. We at at the crossroads now.
> Consequences are too scary to contemplate. World population increased
> with the advent of the age of oil. Unless there are major technological
> advances in the next few years then we are in for a century of war
> and famine.]]> Sun, 09 Aug 2009 17:55:55 -0400
The rate of decline will determine the severity of the crisis. Our national dependence on oil and being the world's largest military superpower should scare the hell out of oil producers. The US military will take what it needs from the world to survive in its current incarnation. We have more to fear from within than from without. Because we will be the aggressor in this conflict. And, we will spin it within some form of morality that belies our greed.


On Aug 09 09:47 AM Poborsky wrote:

> Great article. I believe that peak oil has already passed. There
> may be a good amount to be discovered in the arctic etc, but it will
> take many years to bring this online. US consumption alone is around
> 18m barrels per day. Do the maths and its frightening. Its not possible
> to keep up with supply. With many oil exporting nations being at
> the other side of the bell curve, they will stop exporting and have
> to use supply for their own demand. We at at the crossroads now.
> Consequences are too scary to contemplate. World population increased
> with the advent of the age of oil. Unless there are major technological
> advances in the next few years then we are in for a century of war
> and famine.]]> http://seekingalpha.com/article/152948-dollar-under-too-much-pressure-decline-will-continue?source=feed#comment-610496 610496

On Jul 31 07:11 PM buyforeclosures wrote:

> I bought AUY the other day at. 8.66 and was hoping it would go low
> 8's or mid 7's and it still could if the market fizzles out and
> money goes back into treasuries....which would also strengthen the
> dollar.
>
> The Dollar story is interesting. I see forecast of the Euro going
> to 1.47 and Pound to 1.70 near term but then Falling big time to
> Euro 1.32 and Pound 1.40 later in the year....which tells me the
> Forex traders expect a CRASH in the stock market late year or early
> 2010
>
> but ride the market up while u can]]> Sat, 01 Aug 2009 00:39:08 -0400

On Jul 31 07:11 PM buyforeclosures wrote:

> I bought AUY the other day at. 8.66 and was hoping it would go low
> 8's or mid 7's and it still could if the market fizzles out and
> money goes back into treasuries....which would also strengthen the
> dollar.
>
> The Dollar story is interesting. I see forecast of the Euro going
> to 1.47 and Pound to 1.70 near term but then Falling big time to
> Euro 1.32 and Pound 1.40 later in the year....which tells me the
> Forex traders expect a CRASH in the stock market late year or early
> 2010
>
> but ride the market up while u can]]> http://seekingalpha.com/article/152046-seeing-inflation-with-your-own-eyes?source=feed#comment-607484 607484 Wed, 29 Jul 2009 23:59:06 -0400 http://seekingalpha.com/article/151134-what-to-do-about-what-if-gold?source=feed#comment-601381 601381 Fri, 24 Jul 2009 17:01:01 -0400