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 [View article]
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!
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 [View article]
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 [View article]
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.
Apple's Walmart Deal Will Effectively Kill Google's Android [View article]
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.
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.
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.
Our Growing Inactive Population: Demographics and the Economy
[View article]
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.
Sort by:
Latest | Highest ratedEnlightening the Gold Bugs [View article]
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
> 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? [View article]
Peter Schiff: Outlook for the Gold Market [View article]
The Real Cost of the 2008 Recession [View article]
First-Ever Airlines ETF Set for Takeoff [View article]
Apple's Walmart Deal Will Effectively Kill Google's Android [View article]
Agreeing With Bill Gross: Corporate Bonds Better Than Equities [View article]
Dow Will Equal Gold in 2009 [View article]
New Index of Pet and Animal Care Companies [View article]
What Will Make Solar ETFs Shine? [View article]
$25 Oil Could Happen Before a Return to $100 [View article]
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." [View news story]
Our Growing Inactive Population: Demographics and the Economy [View 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 [View article]