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America: Is This the End of an Era?

Americans are creative, inventive and hardworking by nature. Unfortunately, having too much money in the system is detrimental to these good characteristics; greed takes over.

USA is basically consuming a large pie of the world's productions... think of it as a supply chain with the USA at the end of it.

Going by this logic- It all sounds fine and dandy, but the matter of fact is the wealth of other countries are increasing because the USA is buying these goods and/or services... to grow their economies and/or kick start their economies (under-developed and developing nations), the buying power of the US is used to buy time before their citizens become more wealthy to sustain the growth needed... eventually, there won't be any need for the US- if things continue in a straight line and there is an end to human greed of course.

However, man is greedy... and instead of learning how to manage whatever resources we have in the pie, we will always instead seek to enlarge the pie. Add that and corruption... and you see a constant struggle between the good and bad of capitalism.

And what does the world get in return? Military protection of freedom? Security over naval routes? Money? Your guess is as good as mine.

Globalization is an equalizer, not a "rising tide that lifts all boats"; the solution is simple for USA- Get back to basics; produce and sell. If a global depression is needed to get the world back into a more prudent thought of thinking, then so be it.

I feel for the poor people out there like myself, but that is the society we live in.

Diverging Indicators: Treat Them As Suggestions, Not Rules

yep, tracking the NYMO as well... its pretty hot at the moment.

today will be another sloooow day, the real action starts next week.

mean while, happy new year to all.

12 CNBC Pet Peeves

bloomberg is better, but their female anchors gives me the impression that they have a 'patronising attitude', otherwise called hoes.

Peter Schiff on Gold, the Dollar and Asian Markets

in other words, if we return to the gold standard, we are going to have massive social unrest around the world.

i agree on principle that the gold standard allocates resources most efficiently, but there clearly isnt enough gold to go around to satisfy human wants.

the idea to abolish the gold standard was for the US govt to somehow, through market magic perhaps, balance this forces.

if the world wants more USD and has the resources and business abilitiesto back it, we'll print them.

but here's the problem with supply and demand when it comes to money; when will demand contract?

only perhaps when the ingenuity and greed of man goes to dust i guess.

Where Have All the Peak Oil Believers Gone?

dont forget that alternative energy has very expensive production costs as well... if you factor in the infrastructure that's needed for these, its even higher.

its gonna take awhile for that to come down to affordable levels; but it could be sooner than we think.

Where Have All the Peak Oil Believers Gone?

me, i'm still a proponent of peak oil theory; we're running out of places to drill at affordable prices and the dwindling production is an evidence of that.

when inflation comes back, oil and commodities will get a ripping rally; this cycle in this cyclical industries should be shorter than what history depicted.

for now though, expect prices to stabilize around the 55-70 level.

Options Strategist: A Simple Formula for This Overly Complex Market

imho, selling out of money call/put spreads are a good way to 'collect rent' every month, especially with volatility very high right now. instead of asking where stocks are going, ask where it will not be... of course, the fact remains that if you do not know where stocks are going, how would you know where stocks wont go?

anyway, i own a 100/105 SPY oct bear call spread for 1.20, that's where i think the SPY won't go- beyond 1000.

Economic Outlook: Is It Safe?

holy cow, that is truly depressing my friend... at least it does paint a likely outcome, whether or not it will be true i do not know, but i pray that it does not happen.

looks like we'll all be screwed by global warming after all.

What Does Warren Buffett See in General Electric?

take moody's and S&P to the woodshed and give them a good kickabout.

Friday Outlook: Commodities, Emerging Markets

good stuff... i hope you post this every week!