Allah

Buy American = Goodbye Global Friends

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.

Housing Affordability Surges

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.

What Is Going On With Gold?

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?

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.

Peter Schiff Answers His Critics

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

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

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?

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

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.

Buy American = Goodbye Global Friends

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.<br/>

What Will Make Solar ETFs Shine?

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.

The Shallowest Generation

Thanks to the author for a sprawling and pedestrian conglomeration of conventional wisdom.

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

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

Exclusive Interview with Jim Rogers: Inflation Is Coming

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.

Bill Gross: Buy Early What the Government Buys Later

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.

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

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.