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goldstriker

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  • The Fiscal Picture Out Of Washington [View article]
    Deficit spending has gone on for decades and decades, without any real apparent major harm to people. It seems like the FED has figured out a way to print trillions and not produce inflation. Sell short term bonds and convert them to 30 yr bonds with no detriment.

    All they do is strengthen the rich, punish savers (seniors mostly), and reward the banks. Where will it all end?

    But, I see an economic collapse coming because we have weakened our own country by poor imigration policies. We no longer have an identity, and are now deeply divided, ignorant, and a self centered people.

    The light that I see is a train coming, not daylight and more freedom.
    Aug 14 02:41 PM | Likes Like |Link to Comment
  • Chart Of The Day: Spending On Food As A Share Of Consumer Expenditures, It's Been Remarkably Flat For A Decade At 7.7% [View article]
    I would like to know if this figure today is for "household income" or just one person working. Back then, the women stayed home with the family doing what God designed them to do. Today, most all of them have to work just to survive.

    Having lived and in the military then, our familes were strong, our kids were respectful, things were done on a handshake, honor and morals were normal for most Americans. Life was much, much simpler.

    Think about it, what would happen if you took away all of the cell phones, ipads, and other communication devices today, people would be in a dither not knowing what to do with themselves. But then again, they would probably turn themselves over to weed!

    I'd go back there any time if it were possible.
    Jul 23 11:19 AM | Likes Like |Link to Comment
  • We Have Finally 'Climbed Out Of The Jobs Hole'...Really? [View article]
    Well written and easy to understand. Until we get back to a manufacturing base where we actually produce something, there will be those millions who will never be able to comprehend high tech stuff, and who God made to do other things with their hands, other than to be math wizards or financial genius's.

    We need to place tariffs on Chinese goods and allow other nations to compete here in the USA. Other nations haven't a chance to compete with China, the "most favored trade status."

    On top of everything, the retiree's will not be contributing to the work force, thus reducing the participation rate even further. We are losing good brains!

    The solution to a better standard of living: Less government and more freedom! And as Ronald Regan once said, "If we ever forget that we are one nation under God, than we are a nation gone under."
    Apr 10 11:55 AM | Likes Like |Link to Comment
  • The Problem With The U.S. Stock Market And The Economy [View article]
    All I get from this article is the truth about the Fed creating fake fiat money and the their real solution is to increase goverment spending with money we don't have and to go deeper in debt. Same old thing: punish the successful and starve the poor with higher taxes and fees of everykind.

    We would have been better off 6 years ago to let the chips fall where they may (let the big banks and corporations fail because of their reckless risks), then the depression which would have occurred would have been almost over by now.

    Then everyone would start with things being "real" instead of this complicated, manipulated mess we have now.

    The young people would then have a decent chance and hope for their future. Now all they have is to look forward to paying off a debt they had nothing to do with.
    Mar 30 04:08 PM | 1 Like Like |Link to Comment
  • The Problem With The U.S. Stock Market And The Economy [View article]

    All I see in this article, is more artificial methods of "the perception of wealth." Increase spending with money that we don't have, and go deeper into debt.

    Five years ago, we would have been better off as a nation if we had let the risky banks fail and all of the other corporations with them and anyone else who intentionally over extended themselves.

    The depression would have ended by now, or close to it, and everything would be real again, and young people would have hope of the future instead of paying off reckless government debt with their hard earned money with no hope of ever getting ahead.
    Mar 30 04:00 PM | 4 Likes Like |Link to Comment
  • The Fed Should Ignore Its Critics And Focus On Its Mandate [View article]
    The bottom line is: Until the Fed quits distorting the financial markets, the economy will continue to limp along with no sensible businessman wanting to go deeper in debt by borrowing.

    As long the Fed keeps suppressing interest rates, mistakenly thinking that people want to go deeper in debt, then the larger the national debt will be, and the longer it will take to get the economy back on track to creating real jobs, with real interest rates, and real production.

    Keeping rates extremely artificially low, will further make the rich richer and the poor poorer. It will also force the banks to further indulge in risky derivatives.
    Feb 9 04:13 PM | 1 Like Like |Link to Comment
  • Reading Rates: MBA Application Survey [View article]
    Boy if this this a "recovery" in housing from a reference of 2006-7, I could only imagine what a "downturn" in the housing market would be. The experts call this a recovery?

    These graphs are very frightening for a so called recovery. "Figures don't lie, but liars figure" and we have been lied to over and over and over again.
    Feb 6 10:43 AM | Likes Like |Link to Comment
  • Pathetic December Job Numbers: Proof 2014 To Be A Challenging Year [View article]
    "Figures don't lie, but liars figure." This administration has consistanly lied about many things... A recent cartoon stated:
    1) The stimulus will create shovel ready jobs
    2) The food stamps program will create jobs
    3) Obama Care will create jobs
    4) Raising the debt limit will create jobs
    5) Extending unemployment benefits for 3 months will create jobs
    6. Etc......

    Ok, Where are they? The work force is shrinking, taxes are increasing, fees are increasing, government is growing, insurance premiums are increasing, and the middle class is being raped!
    Jan 12 09:02 PM | 3 Likes Like |Link to Comment
  • A Look At Corporate Earnings Growth, Liquidity Traps And The Law Of Diminishing Returns [View article]
    Very good insight and very well written. I Like the graphs! It is only a matter of time before this hurtful, manipulation of equities destroys the confidence of investors.

    Ben should be replaced with a shredder!
    Nov 26 07:56 PM | 1 Like Like |Link to Comment
  • The Fed Says It's Bad Out There, Stocks Say It's Good: What's An Investor To Do? [View article]
    Oill inventories are up today over 1.6 million barrels of crude oil and yet crude jumped over $1.20 per barrel.

    Netflix up almost 400% in a few months...ludicrous!

    Investing is noting but a big casino. Buy xyz stock and feel good as long as the fed continues to make people "feel wealthy."
    Nov 6 10:57 AM | 1 Like Like |Link to Comment
  • Dividend Investors' Guide - Part IV - Inflation Or Deflation? [View article]
    Your right about the 2016 elections. When Americans get hit in their pocketbooks, then they get mad and finally do something!
    Nov 1 11:42 PM | 1 Like Like |Link to Comment
  • Dividend Investors' Guide - Part IV - Inflation Or Deflation? [View article]
    A very good assessment, considering a lot of government statistics are flawed, skewed, and timed.

    It seems to me that we are in a ship that is sinking both financially, ethically, and morally. We seem to be bailing, but winds of corruption, abuse and fraud will not allow us to bail fast enough to keep the ship from going down.

    We are at the point of completely destroying the Laissez Faire capitalism system and heading towards a nation steeped in Socialism where the government controls the means of production.

    Until we see some radical restoration of individual freedoms, significant control over spending, and a return to a base of manufacuring, we will not see significant gains in real jobs. Everybody is not a genius in computers and math and many don't want to be.

    A nation that has lost its values/morals and regard life of little value, will regress like Rome. America's past monarch founders took stock in the biblical saying, "Blessed is the nation whose God is the Lord."
    Nov 1 12:09 PM | 3 Likes Like |Link to Comment
  • The Market May Be Set For A Sell-Off [View article]
    Very well written with a lot of truth in it.

    The markets are sur-real, manipulated by the Feds pumping trillions into the banks and treasury's. Look at Netflix, up 387% in a 12 mo period, this year.....profits????? Earnings????. Twitter will soon have an PO, and they have never had a nickels profit. Lunacy!

    And if the DJI dropped three thousands points, it wouldn't trigger any losses for those who started at the first of the year. The whole economy is fake and the liars keep on lying!
    Oct 23 03:21 PM | Likes Like |Link to Comment
  • Key Lessons And Conclusions For The Coming Week And Beyond [View article]
    While the markets are at record highs, and all major business doing business overseas enhancing other nations, they are totally disconnected with the real structual problems facing Americans. We have an aging population, strong birth control, no interest rate on savings accounts, and real meaningful job creation.

    All of the hype, distortions, and outright lies by the keepers of the books, will not change the above. I went down to the county courthouse to record 3 pages of separate documents and they charged $212. A building permit minimum for any size deck is $172. An oak board 1x6x8' was $29. All of this is unsustainable and will have a bad ending..

    It reminds me of the roaring twenties!
    Oct 20 11:25 AM | 1 Like Like |Link to Comment
  • Tapering Paranoia: Print On, Dudes! [View article]
    Yep! ....let's get them home prices back up into oblivion.

    Why would we want to go from one sinking boat into another? I have noticed an increase in bank offers in the mail urging Americans to go deeper in debt. And this action solves our retirement problems how?

    Mc'donald's workers are getting just short of $10/hour, so maybe we should pay all people a minimum of $25/hr instead of the $15 they are all striking for. What the heck, who doesn't want more!

    I am thinking about going on strike to increase my Social Security to $4500/mo. Who will march with me?
    Sep 4 03:51 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
147 Comments
143 Likes