Has the U.S. Reached the Hyperinflation Tipping Point? [View article]
goldbug says "I don't think the US government would ever let it get to the point of "hyperinflation..."" That statement implies the government would have to stop bailing out everyone and reduce the money supply to the actual level of economic activity - which is EXACTLY what they did in the 1930's, which resulted in the depression. You are implying a 180 degree turn in policy. Is that realistic? Bernanke won't do it... Is that even poltically tenable?
A prolonged inflationary period assumes the government can control this problem...do we really think they can?
I've been using CS for five years. My family has used it extensively too; a tablespoon here and there for viral and bacterial maladies. Use it as soon as you feel yourself getting sick and it will nip the bug right away... you won't turn blue LOL ! It's amazing how the media eats up that blue man stuff and completely fails to investigate the product and never interviews or researches the benefits of CS.
As GM Goes, So Goes the Nation (Part 2) [View article]
Terrific article. However, the title, "As GM Goes, So Goes the Nation" reflects a fatalistic approach to the problem. What people are failing to recognize is how indutries rise and fall through their product cycle. It is simply time for a new innovation. At one time the automobile was innovative and new, because it altered the landscape of the world, created new efficiencies, added value to economic activities and created millions of spin-off jobs. Today, various other forms of technology await the same status and have the potential to replace GM, such as distributed energy, nanotechnology, and various software applications. We need to take that next leap forward, just as the auto replaced the horse and buggy. You might say today - "As goes Microsoft, so goes the nation." or at least strive toward replacing GM with some great new innovative column. You might say, "As goes Walmart, so goes China." you get the point...
Leveraging Up on Precious Metals Ahead of Fed Meeting [View article]
Reread your analysis before you post Andrew. In one breath you say that copper companies made money when mining costs were 60 cents/lb and they sold it for 80c/lb. OK - a profit of 20/60 or 33%. Then you say their mining costs now are up to 1.50/lb while selling around $4.00 - that's up to $2.50/lb profit and you conclude THAT is why the miners have been hit hard. Even if they are only getting $3/lb that's a 100% gross profit/lb or 3X the old 60c/80c rate... SO what you are saying is completely illogical - makes no sense at all. I think miners are being hit hard for other numerous reasons...margins are better EVER.
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Latest | Highest ratedHas the U.S. Reached the Hyperinflation Tipping Point? [View article]
That statement implies the government would have to stop bailing out everyone and reduce the money supply to the actual level of economic activity - which is EXACTLY what they did in the 1930's, which resulted in the depression. You are implying a 180 degree turn in policy. Is that realistic? Bernanke won't do it... Is that even poltically tenable?
A prolonged inflationary period assumes the government can control this problem...do we really think they can?
Silver Under My Skin [View instapost]
As GM Goes, So Goes the Nation (Part 2) [View article]
Leveraging Up on Precious Metals Ahead of Fed Meeting [View article]
Then you say their mining costs now are up to 1.50/lb while selling around $4.00 - that's up to $2.50/lb profit and you conclude THAT is why the miners have been hit hard. Even if they are only getting $3/lb that's a 100% gross profit/lb or 3X the old 60c/80c rate... SO what you are saying is completely illogical - makes no sense at all. I think miners are being hit hard for other numerous reasons...margins are better EVER.