sheople

Thursday Outlook: Commodities, Global Markets

Dave, If the feds are going to stop buying bonds, who is going to buy them? 2nd question is if our economy is to rebound, what is to be the driver? Our manufacturing has been shipped overseas. Are we to sell each other chinese made products, or just do service work for each other? I don't understand how the recession can be over. Maybe it's coming to an end and a depression is to follow?

Thursday Outlook: Commodities, Global Markets

This low ball roller is staying out of the casino.

Wednesday Outlook: Commodities, Global Markets

Thanks for the article. I still think Federales is a better name, though.

How Does $9000 Gold Sound?

Whatever is done, it's too bad the Federal Reserve chislers will have their sticky fingers into it.

Friday Outlook: Commodities, Global Markets

All we have to do is sit back and watch MSNBC. Now just smile and everything will be fine. It's all just perception. Buy stocks and you will be rewarded. Isn't our government and media just wonderful. Well, maybe not.

Thursday Outlook: Commodities, Global Markets

The only fundamental reason is the blitzkreg being carried on by the financial controllers attempting to creat an atmosphere of "alls' well". Too bad their efforts are not directed towards doing something to actully help. Throwing more worthless money at our problem is no valid answer.

Thursday Outlook: Commodities, Global Markets

Oh, I think we pretty much "know".

Tuesday Outlook: Commodities, Emerging Markets

Not a bad article, but the quote, "Nevertheless, markets are almost in free-fall. What works one day is a flop the next whether gold, bonds, currency or stocks. The powerful market trends are blowing away most technical trading systems." is somewhat inaccurate. At the risk of sounding trite, the Dow (stocks) is down over 50% off it's highs, gold is still up. That in and of itself says something about the economy and makes his quote inaccurate.

U.S. Debt Default, Dollar Collapse Altogether Likely

Rusky, Call it what you will. Default or hyperinflation, the results will essentially be the same. All of our govenment economists must be lost in the political climate.


On Feb 08 10:39 AM Russian Bull wrote:

> I must say, I just stumbled on this article and while it was short,
> it was very thought provoking as is the comment stream (though it
> is emotional to say the least).
>
> For me, it seems that the reduced tax revenues--at both the state
> and federal level--will become the next crux of the current US crisis.
> It will be interesting to see how that plays out in the next 12-18
> months.
>
> With regards to the passing of any storm....I do believe we are going
> into the backside of the storm so things will get worse before they
> get better and, again, the reduction in tax revenues will lag behind
> the market by some 'N' amount of time and its effects are still unknown
> (though California seems to be giving us a lead on that.)
>
> In terms of the USD....I can only hypothesize that due to the amount
> of forced liquidations, desire for people to sit on 'cash', and the
> current fear in the emerging markets (and their currencies), we are
> simply seeing an increased demand for USD.
>
> Which leads me to the top of this article and the question posed
> by a commenter: what if you had a printing press in your basement?
> Would you ever default or would you quietly keep paying the butcher,
> the baker and the bread maker with your Super Notes?

U.S. Debt Default, Dollar Collapse Altogether Likely

David, with due respect, I'm thinking you are wearing some kind of tinted glasses.


On Feb 03 10:20 AM David Roskoph wrote:

> This storm has already passed and the dollar has necessarily survived.
> When the world was reassembled in Bretton Woods (1944) the dollar
> was linked to gold, now it will replace gold. American capitalism
> has won the world and contracts or not, America will not fall as
> its leader. The consequences of our failure would cast the world
> backward 20 years. The world IS supporting the US dollar even though
> we solemly swear our presses will run round the clock; it's the value
> of the franchise. Gold is supported by a public frightened into thinking
> this will result in a complete meltdown (again). Markets are ever-more
> a fleecing ground, just like the good old pre SEC days. My guess
> is central banks are selling as gold is moving away from being a
> monetary instrument.
>
> ps. Nice methapors

This Is Just the Beginning

Dave, I might agree with you if we had money to burn, which we don't. Assuming that the dollar could recover, the taxpayer will be inundated with taxes, assuming that we are going to pay our debts. Realistically you are right only if the dollar is to fail and the monies will not have to be paid back. The stimulus to the economy is like kicking a dead person. The body will move from the kick.

On Feb 08 09:31 AM Dave Wrixon wrote:

> Well I think you have just about said it.
>
> I think, however, right as you are in rest of your argument, the
> stimulus is needed, not to bring about recovery, which it never could
> but simply to mitigate the level of disjoint from the immediacy of
> the pending shock. Its effect at best will be to serve like an air
> bag in a road accident.

Thursday Outlook: Commodities, Global Markets

There is nothing irrational about a controlled market. If you're not in with the boys, too bad.

Gold Poised to Move Higher

Otbricki,

I would just comment that eating paper money is not my idea of nutrition, either. I would also reiterate out what the author has already pointed out. Paper money becomes worhless as printing presses get warmed up. Gold and Silver will hold their value. It is very easy to get caught up in the excesses that we have enjoyed. Too bad they are coming to an end and it appears, the dollar too. It's time to think outside the box (somewhat overused, but makes the point.


On Dec 28 10:09 AM otbricki wrote:

> Let us get this straight. Gold is not an investment. It does not
> return any income after purchase. It has no intrinsic value since
> it has no utilitarian value. It costs money to store. One can talk
> about fundamentals in that it is costing more to produce over time,
> but since owning it produces no income it truly has the same fundamental
> value as any other non-productive asset, i.e. zero.
>
> Gold is a hedge against currency value fluctuations. The only reason
> people buy and sell it because of its historical use as money. There
> is no other reason that it has any value.
>
> There is a reason that the value of gold drops in a famine. You can't
> eat it and you can't use it to produce food.
>
> Sooner or later people are going to realize that value of gold is
> psychological only, and our past obsession with this metal will be
> regarded as a historical curiosity.

Thursday Outlook: Commodities, Emerging Markets

I find it interesting that our economic crisis is frequently described as a credit crisis. "Money needs to be broke loose so more borrowing can be done". Jobs, did I say jobs is what is at the epicenter of this crisis? We don't need more borrowing. We cannot operate an economy that is 70% based on what we spend. Until manufacturing is started up again in this country, people are not going to borrow no matter how open the spigot is. Buy all the stocks you want. As a whole, the market is a loser until the people themselves are strong. Manipulations by the Wall Street crowd and Federal Reserve have got us where we are and we will not get out until the people themselves are strong, not Wall Street CEO's and the Federal reserve. These people should be in jail.

Inflation on 'Sale' as Deflation Dominates Markets

User 292053

If we are to have an economic recovery, what is there to turn us around? Our economy has become 70% consumer spending. The consumer is tapped out, employers are falling all over themselves to lay workers off. Again, what is there to turn us around? I cannot figure it out. Government spending is a dead end as it is all deficit spending. Maybe we could all work for China?


On Dec 10 10:17 AM User 292053 wrote:

> Conventional thinking in very different times. Deflation will RULE
> as it is the only rationale way forward---houses in the USA were
> simply over-priced/valued due to the moronic interest trate policy
> conducted by the Fed and the idiot Greenspan pressured by even dumber
> politicians. Big Ben has the same disease----he believes he can actually
> change things and get back to the condition Greenspan created. This
> is the last thing we should be looking for. There is a reason banks
> don't lend---the risk profile sucks---and they know it. We need to
> take our medicine and have a big sleep(2 years) and we should be
> well on our way to recovery. Inflate our way out and the USA dollar
> will NOT be the denonminator in the future for commodities and then
> we are really in hot doodoo!