KIT

These Mortgage Rates Won't Be Here for Long

I have said this for years High interest mortgage is the time to buy. I am appalled by realtors who tell young people to buy before the house is out of reach in a run away market with low interest.

This sets them up or capital loss and good chance of payment failure down the road. Proof you can make payment in high interest times is future protection.

In Canada we dont have 30 year fixed mortgages 5 year max then you pay the going rate

On Sep 28 05:46 PM OptimizedPrime wrote:

> Yep, great time to buy. You know what happens when interest rates
> inevitably go back up? Your newly purchased house's value drops like
> a rock!

Gold: Who's Left to Buy?

$6000 is GDP / population remember the Government converted 2 -3 trillion USD of this into BONDs and returned the money to the USA. The peasents are still peasents


On Sep 21 08:12 PM Ad Orientem wrote:

> Actually per capita income in China as of 2008 was appx $6000. China
> also has one of the highest rates of personal savings and investment
> in the world along with a much lower cost of living and standard
> of living. I would take a very deep breath before dismissing those
> people as irrelevant.

Gold: Who's Left to Buy?

I Billion people at $400 dollars per year gross income ... dont get in front of this stamped!


On Sep 21 04:42 PM Ad Orientem wrote:

> Q. "Gold: Who's Left to Buy?"
>
> A. 1 billion+ Chinese who are being actively encouraged to invest
> in precious metals by their government.

Gold to $3,000?

Hmmm let gold run to $10,000 oz then impose a 90% tax gold profits.

The govt has a track record of hitting easy money

'Recession Is Over': Positive Economic Data Abounds

Transfering todays debt to future people is brilliant. It should not be to our childern or grandchilder though as this still has some personal attachment. We need to write the debt out 500 years. This way inflation will compact even 10 trillion to the value of a pack of gum in 2510 dollars. Not only will no one be mad in our lifetimes but no one will care 500 years from now when a gallon of gas is 700,000 trillion dollars



> But the government is socializing all these losses by transforming them into liabilities for your children and grandchildren and great-grandchildren. What is the effect? The doctor has shown up and relieved the patient's symptoms – and transformed the tumor into a metastatic tumor. We still have the same disease. We still have too much debt, too many big banks, too much state sponsorship of risk-taking. And now we have six million more Americans who are unemployed – a lot more than that if you count hidden unemployment.

Intel: EC Failed to Meet 'Standard of Proof' for $1.45 Billion Fine

Anyone can appeal, thats court structure. At over a billion loss they have to try. Winning, well throw the dice........

Market Lessons: Buy Low, SELL High

They cant control the bond markets reaction to manipulated rates. Its ten times the size of the stock market and has a mind of its own.

On Sep 14 08:29 PM Value Added wrote:

> The psychology behind current market behavior is the same as the
> 1930s. The specific weaknesses in the system this time around are
> not identical, but similar in kind. If there is a single major difference
> between the rebound following the '29 crash and this moment we find
> ourselves in, it is this: our newer economic theories, heavier government
> control, better mathematical models, and advanced computer wizardry
> have deluded policymakers and investment bankers into thinking the
> games of manipulation can continue with impunity. Expect equities
> to get hammered.

Is the U.S. Dollar Finished?

As the market corrects down people will be left with USD on selling. They dont want to be in money market at 0% this time ( only fear held them there last time ) this time they will buy gold and run it up. They will hold TOO LONG as always and in the gold crash ( repeat 1980s ) the stamped will be back to USD tresuries. Euro will be caught up in the gold run up and will not look healthy when people come out of gold. Right at that time peek gold against DOW is the right tie to buy stock but no one will want it..........

Short Squeeze Could Propel Silver Prices Higher

Big use was film ..... I use digital for all pics now check out EK stock price


On Sep 07 02:11 PM TWTFG wrote:

> No silver demand ?? What about electronic , medicine , last generation
> batteries , solar panels , etc .
> Nice bearing try !!

Ten Most Ignominious Reassurances from the Great Recession

Multi million dollar bonuses or the truth you cant have both

Buffett Finally Admits the Dollar Is Doomed

Buffet made 400 million on CAD but moved back to USD and so continued to ride USD down.

Simply moving to CAD does not really get you anywere because CAD is given as a % of USD so even if CAD goes to par ( one to one with the USD ) you are still tied to the falling USD.

If you buy CAD at par ( as an American ) you are going to lose money because as a commodity based economy relitive high value CAD kills our economy.

The normal relationship ( the workable one ) puts the division USD value 78 to CAD 94 at mid 70s eg 94% of 78 = 74

In the past USD was at 115 and CAD was 62 or 62% 0f 115 is again 72

Every time the mid 70 relationship is where Canada can function

Other countries have their own workable value

Trying to escape to other currencies without knowing this is dangerous

Why Do Equity Markets Disagree with the Data?

Computers are not rational they are programmed and in general they do not take in all information, just what the programmer wants to target. Those programs are tuned to get the result the owner wants

Why I Went Long Exxon Mobil on Monday

OXY price did better than both xom and bp

Dollar to Lose Reserve Status - But Is There an Alternative Currency?

Never underestimate the governments ability to suprise.

They can at will ban US ownership of non US currencies or to raise money by taxing profits made in euros or any specific currency.

The US will force the use of USD if it needs to

Will Gold's Mini Rally Hold?

Just imagine the value of the USD if you default and return the USA to debt free after China, Japan and Europe write down the old bonds. ( default will not happen the current holders of bonds will buy to prevent default ) At the end of WW2 the US as just as in debt to GDP as now. Cuts to Social Securty can cover the increase in bond rates.

Raising the dollar with high rates collapses commodities giving life blood to the major US industries world wide


On Aug 03 07:20 AM DONE_SONZ wrote:

> How much will the dollar be worth when our massive debt defaults
> because of lack of growth due to higher rates?