Allah's Comments

The Great Awakening: Boomers, Your Crisis Has Arrived (Part 3 of 3)

Mon, 16 Feb 2009 21:41:52 -0500

Wow thanks for enlightening me with the mystical cycles, that is sooo deep mr guru

Moody's, S&P Dole Out Global Downgrades - Time to Go Gold?

Mon, 16 Feb 2009 21:37:03 -0500

Hey Dean, Don't forget the immortal words of WC Fields, 'never smarten up a sucker"

Buy American = Goodbye Global Friends

Sat, 31 Jan 2009 14:40:20 -0500

Since when are they buying made in america, how many 100's of billions of $'s is our trade deficit

On Jan 30 12:03 PM fatwollit wrote:

>
> "What kind of a stimulus package would it be if it created jobs overseas
>
> at the expense of Americans?"
>
> Is that such a bad thing? Creating jobs overseas as well as within
> the U.S. means more earners worldwide will have money to spend, a
> large part of which will go to buying goods "Made in America", still
> the biggest economy in the world. To make goods in America means
> creating jobs for Americans so that they can make those goods. It's
> Global Economy 101.

Housing Affordability Surges

Sat, 31 Jan 2009 13:59:20 -0500

I don't think people are attacking housing, they are attacking the ridiculous premise that it has become affordable. Housing will be great when prices do eventually come into equilibrium with incomes.

On Jan 31 01:49 PM Mark Anthony wrote:

> I do not understand all you people attacking housing as if it was
> the most toxic and harmful things in the world. Such a sentiment
> is sickening. Houses are physical assets with real value and real
> utilization. It is a basic and important human need to live under
> a roof. Read this:
>
> seekingalpha.com/artic...
>
>
> Most Americans do live under a roof. You either own a home or rent
> one. Few people actually sleep on the street. So housing is always
> a question of picking between renting or buying.
>
> To the one suggesting that an average family can not afford to pay
> $801 a month to buy a median price home. Let me ask you how does
> the same family afford to rent a home at $1000 or even more per month?
>
>
> You have the benefit of tax deduction. So buying a house at $801
> a month also saves you $250 a month on tax. It's equivalent to paying
> $550 per month for rent. If it's me of course I prefer own a home
> than renting one. But then I am already a home owner today.
>
> I think as the dollar collapses we will see another housing boom
> again. Holding any physical asset is much better than holding any
> paper asset.

Buy American = Goodbye Global Friends

Fri, 30 Jan 2009 10:47:05 -0500

Oil may not make the top ten list but it is still too big and a national security issue (and I am not a neo con)

On Jan 30 10:34 AM Replytolongoil wrote:

> Longoil,
> Your numbers are wrong. Arab countries constitute a small part of
> the trade deficit, much smaller than Mexico, Canada and the Asian
> countries.
> www.census.gov/foreign...
>
> Trade with Arabs is not the problem so please take your neocon agenda
> elsewhere. And in the future don't prove your point with lies.

Buy American = Goodbye Global Friends

Fri, 30 Jan 2009 10:42:10 -0500

What kind of a stimulus package would it be if it created jobs overseas at the expense of Americans. We're allegedly spending all this money to create jobs, targetting stimulus to maximize American jobs is very different from protectionist policies regarding normal trade.

Peter Schiff Answers His Critics

Fri, 30 Jan 2009 10:31:32 -0500

Here's another form of decoupling: having great insight into the state of the economy and being a great investor.

Exclusive Interview with Jim Rogers: Inflation Is Coming

Sat, 17 Jan 2009 10:02:48 -0500

He's moved into overdrive in terms of talking his book over the past few months. He'll spew forth for some podunk local paper if they let him. He's not doing it as a public service for Joe six pack, I can guarantee you. He's probably doing it out of fear.

My 13.65 Basis Point ETF Portfolio

Tue, 13 Jan 2009 10:13:38 -0500

awesome, low fees and high losses!

What Is Going On With Gold?

Fri, 09 Jan 2009 01:44:40 -0500

If all the the gold in the world disappeared overnight there would be no adverse affect to anybody. It is just a psychological device as is any currency. To say it is undefeated over 5000 years is meaningless and inaccurate, It will always pop up in times of fear and then in times of normalcy take it's rightful place as a worthless but pretty adornment on females

What Is Going On With Gold?

Fri, 09 Jan 2009 00:51:58 -0500

OK the US fiat currency is backed by an injured economy. Gold on the other hand is backed by a bunch of paranoid crackpots. I might buy some if it looks like it's breaking out but there is no fundamental reason to own this essentially worthless commodity.

Income ETFs: Higher-Yielding Investing Ideas

Fri, 09 Jan 2009 00:37:47 -0500

I was thinking about PFF if it comes down to 26. Maybe I should have picked it up last year when Gary was recommending it at 45.

Bill Gross: Buy Early What the Government Buys Later

Fri, 09 Jan 2009 00:27:12 -0500

Human society has always operated as a ponzi scheme since cavemen were trading pelts. I'm not sure what idyllic past you are looking back to in contrast.

On Jan 08 11:14 AM AndrewBaker wrote:

> I agree with Bill. The whole world has been in a Ponzi state for
> many years, and now the reckoning is coming because you can't run
> these schemes indefinitely 'cos you run out of punters to take the
> money from. We've done that now, and Governments are printing the
> monopoly money whilst we all get used to being as poor as we really
> are but didn't know it. So ... the best game in town is buy what
> the government will buy or not let go down. And do it internationally:
> this game is worldwide.

First Call of a Double-Dip Recession: Setting Up a Market Bottom?

Sat, 03 Jan 2009 13:50:43 -0500

I call the top today, mark your calendar

On Jan 02 09:06 PM DavyJ wrote:

> Why is it that when the market is down, so many try to call the bottom?
>
>
> Yet when it is up, so few try to call the top?
>
> One of life's mysteries, I guess.

Bernanke's Great Lie: The Gold Standard and the Great Depression

Sun, 28 Dec 2008 15:13:21 -0500

Those of you thinking 'this time it's different' with gold prices, just remember that they said the same of internet stocks, real estate and oil. Gold must return to it's historical price trend line.

Enlightening the Gold Bugs

Fri, 26 Dec 2008 23:27:36 -0500

It doesn't matter if there is inflation or deflation, gold has no intrinsic value - it is an anachronism. Gold will make 'unthinkable lows within the decade'

Bernanke's Great Lie: The Gold Standard and the Great Depression

Fri, 26 Dec 2008 21:26:31 -0500

That's a dumb argument - a long term investment in the dollar would be buying treasury bills not holding a 20 dollar bill. Investing $20 in t bills for 108 years would yield enough to buy a suit as well. The gold piece might buy a suit now but that's only because gold is in one of its infrequent price spikes, wait a few years for gold to revert to it's regression line and you'll have shop in Walmart to buy anything with the gold piece.

> I couldn't help thinking about the "20-20 test". You know, the one
> where in 1900 one could take a 20 dollar bill and purchased a fine
> suit and, with a 20 dollar gold piece, do likewise. Fast forward
> to today. Take a 20 dollar bill and see if you can find a decent
> pair of socks for the price, whereas a 20 dollar gold piece STILL
> buys you a fine suit!
>
> Now, where should one put their money? In PHYSICAL Gold and silver,
> period!

What Shape Will Recession Take?

Fri, 26 Dec 2008 21:03:21 -0500

I vote for an L. Stimulus and innate optimism will offset worsening economic fundamentals to produce a flat line for the next year. Anyone who can claim to see beyond the near term outlook is a fool or a liar.

Peter Schiff: Outlook for the Gold Market

Tue, 23 Dec 2008 08:16:08 -0500

Sorry Pete, Let it go. Gold is done. You can take all the theories you want but psychology drives markets more than anything and you can't make the herd go where they don't want to no matter how good you think it is for them. Don't diminish you're great recent accomplishments by being such a rigid ideologue.

The Real Cost of the 2008 Recession

Fri, 12 Dec 2008 00:13:16 -0500

Maybe this will turn out to be a blessing in disguise. What's more important than the money is our misplaced priorities as a nation. It will take something on the scale of this crisis to get this country to pull together and get back on the road to greatness.

First-Ever Airlines ETF Set for Takeoff

Thu, 11 Dec 2008 23:48:17 -0500

I agree the outlook is terrible for the airlines, but the more sectors of the economy covered by etfs, the better for us Joe Schmo investors..

Apple's Walmart Deal Will Effectively Kill Google's Android

Thu, 11 Dec 2008 23:39:36 -0500

I don't see Walmart as a huge driver for the iphone. I think most people in the smartphone market make their purchase very carefully with plenty of research. The type of people who wander into Walmart to buy a phone without any idea of what they might get aren't going to walk out with a $200 phone and $100/month contract. That's not to say Android is going to be a major player, that will take time to resolve. But as far as Walmart goes, not a major factor.

Agreeing With Bill Gross: Corporate Bonds Better Than Equities

Fri, 05 Dec 2008 23:48:01 -0500

why not try LQD, that yields well north of 6% and trades like a stock. I have a feeling that 6% is going to still look pretty good at the end of 09

Dow Will Equal Gold in 2009

Fri, 05 Dec 2008 23:22:17 -0500

I'd like to see gold rise for a few weeks before I dip my toe. If it's really going to be that cataclysmic then waiting for the trend to prove itself should be no problem. But I have my doubts, just based on the price action I wouldn't be surpised to see it follow other commodities in making a severe plunge downward. On a separate note, I actually like all this money printing(as long as we don't carry it too far) in that it dilutes foreign control over our economy and makes China and OPEC countries share our pain. And we should just give the Big 3 the money instead of lend it - but make sure the executives and unions don't pilfer it all.

New Index of Pet and Animal Care Companies

Fri, 05 Dec 2008 23:00:38 -0500

is it just me or does this seem a bit ridiculous.

What Will Make Solar ETFs Shine?

Fri, 05 Dec 2008 09:32:47 -0500

Very spotty analysis, you just throw TAN out there with one piece of positive anectodal evidence. Are you actually recommending it, you don't really say? I wonder if the fact that California is near bankrupcy and fossil fuels are cheap now would negatively impact the prospect for future unprofitable solar projects.

$25 Oil Could Happen Before a Return to $100

Fri, 05 Dec 2008 09:24:37 -0500

I wish it would go to 100+ so we would be motivated to find alternatives and stop sending our wealth to these dirtbags.

The billionaire everyone loves to hate may be in trouble: "Donald Trump is suddenly bogged down in a string of legal and financial battles across his property and entertainment empire." So how much is Trump really worth? "Far less than he was the last time anybody took the trouble to calculate."

Wed, 03 Dec 2008 14:26:10 -0500

Trump, You're Fired!

Our Growing Inactive Population: Demographics and the Economy

Wed, 03 Dec 2008 14:17:29 -0500

A. that has nothing to do with the article
B. all these, 'things were better in the past' monologues are a load of crap - about as true as saying 'I had to walk 10 miles to school through a foot of snow when I was a kid'
C. my kids go to public school in a middle class community and I don't see any of that, the teachers are dedicated and the kids are respectful and work hard.

On Dec 03 10:53 AM bobbobwhite wrote:

> Since the mid-'60's, left wing liberals have been allowed by federal
> law to alter how and what our children are taught in school. These
> kids were also taught that there is no shame or social consequence
> for nonconformist or abberant behavior that would have caused them
> and their families severe social and personal problems only a generation
> earlier. This was seen as "modern" and self-empowering.
>
> Any adult with a brain knew this was wrong for our kids from the
> very beginning, but it was shocking to see how many citizens and
> our gov't bought into this "revised" educational agenda which was
> introduced to America by teachers who would have been seen as treacherous
> communists just a few years earlier. Of course, the kids loved it!
> It meant they could be antisocial, stupid, ignorant, fat, lazy, dirty
> and sloppy and it was seen as OK by other kids and even all of society!
> No shame at all. Look what has happened from that purposeful agenda.
> We now have among the worst educated kids in the world, a catastrophic
> drop from the best in the 50's. We now have pervasive child obesity
> right down to kindergarten, massive unwed and child pregnancies due
> to essentially free and open sex, violent criminals stalking the
> streets after minimal sentences for horrendous crimes, drugs, criminal
> chic tattoos and body piercings everywhere, and socially damaging,
> abberant juvenile behavior with no consequences now accepted as "age
> appropriate" in newspeak sociobabble. We have also created "alternative"...
> schools for the worst antisocial, drug addicted, and serious mental
> problem kids where they are taught nothing and are pushed through
> to pollute the system still illiterate and ignorant and essentially
> worthless and harmful to themselves and society.
>
> With all these purposeful negative influences from this pervasive
> and now-accepted near insanity we have placed into the minds of our
> kids and society, we have all the building blocks solidly in place
> for a failed social system sooner than you may think. So, good luck
> with that in today's America! Many of you well deserve what is coming.

Last Thursday Was the Bottom - It's Time to Get Back in

Mon, 01 Dec 2008 01:56:54 -0500

CNBC wannabee.