investorinPA

What's Up with Gold Inventories?

Will the US ever sell its gold? Idiots are starting to say that we should...never listen to a professor who teaches at Rutgers!!

contraryriches.blogspo...

What’s My Payment?

James, your very last paragraph hit home with me. I have linked it onto my blog as well at contraryriches.blogspo.... You deserve any positive feedback you get on it.

Report from the Real Estate Front: Appraiser Calls Increasing; Banks Worry About Losses

Another prescient article on appraisals and what its doing to home sales:

contraryriches.blogspo...

Case-Shiller's Recent Strength: It's Not Just Seasonality

Most importantly, those who bought time shares are realizing they got SUCKERED!!! contraryriches.blogspo...

Market Still Giving Benefit of Doubt to Recovery's Next Phase

Gotta love this story on Wall Street's next bubble...so evil and wretched these people are: contraryriches.blogspo...

Gold Explodes, Silver Shines, What's Up with Natural Gas?

For those of ya who enjoyed the pic of "Honest Ben" Bernanke, how about one of "Buns Bernanke"? Not a good day for the ole Fed Chair when China starts buying 50 billion in IMF bonds and Gold is up near 1000/oz

contraryriches.blogspo...

Beer, Free Markets and Emerging Economies

The best indicator of a recovering economy is......men's underwear sales! contraryriches.blogspo...

The Good News About Bernanke

Folks, I have the story of the day, hands down. Our Fed Chair, who has disregarded the identity of the US to inflate the economy, has had his OWN identity stole and the money was used to inflate other bank accounts! And best of all, he was banking with Wachovia! You cannot make this stuff up!

contraryriches.blogspo...

MySpace CEO Jabs Back at Yahoo's Bartz

I have to agree..I use both Myspace and Facebook. My personal usage of Myspace has tailed off completely. I will log on 1x a day at most. Facebook, I will keep on for a while and more and more of my friends are on there. The BIG advantage FB did was to put an Instant Messenger right in their platform. FB has everything on one page. Additionally, they have much easier applications to update your status over a cell phone. Finally, the winning formula they emulated was to convince people who have yahoo, aim, msn to just use their IM and webpage and thus avoid incompatibility issues entirely.

I don't think Myspace is dead...yet. They have strengths in that they are preferred by celebs, musicians, entertainers, and teens (who like to change their layouts, add music, etc). They need to increase their strong factors and deemphasize the total number of users. A smaller but more loyal Myspace can be very profitable. But Facebook is going to win the total users/time spent online war. Myspace should see the inevitable and focus on what they CAN win out on.


On Jan 31 06:38 AM Ian Hendry wrote:

> Bartz's perception is most people's perception. When people mistakenly
> think an actor is dead, he invariably ends up getting no work. The
> myth becomes the reality. I don't hear any talk of MySpace these
> days.
>
> Ian Hendry
> CEO, WeCanDo.BIZ
> www.wecando.biz
>

Peter Schiff's Euro Pacific Capital: Down 40-70% in 2008?

There's a little bit of truth in all of what was written in this article. Schiff did not have a great year at predicting individual investments. On bigger picture stuff, such as gold, the yen, the fall of the US economy, drop in housing, and decrease in consumer demand, he was spot on. On what to do once that occurs, he made some bad picks. I still think he trusts too much in other country's governments for decoupling to occur. There is no proof that other economies can manage better than the US can. Long term wise, emerging markets are a good place to be if you have a 10-20+ time frame.

The End of Citigroup

Give credit (big time) to Meredith Whitney, the only analyst with the guts to tell it like it is with Citigroup

Wachovia: Waiting for a New Entry Point

If you stink at picking financials, why do you keep insisting on picking financial stocks??? Its a falling knife.