Teutonic Knight

China Stockpiles TIPS, Anticipates Commodities Bubble

Remember the Japanese Admiral Isoruko Yamanoto who lead the Pearl Harbor attack? He studied in the USA too.

China Stockpiles TIPS, Anticipates Commodities Bubble

Jimbo - - -

Thanks for this advice. I will stay vigilant and be alert. I have become "smarter" now - - - my motto now is "Get the Hell Out" whenever it smells fishy, but not be too trigger happy though.

On some of the remarks of the commentators after yours and mine, on the smartness of the Chinese, sure, they are smart, because they have been sending hundreds of thousands of undergraduate and graduate students to study in America in the past two to three decades. They could read us in English, we (as a whole) could not read them in Chinese. So it is like that we are in open daylight that they could see us; whereas, they are in darkness and we could not see them.

Final question: Who help create this Monster? Anyone?

Answer: in reverse order, it is "MAS ELCNU"!

TK

On Aug 08 12:09 PM Jimbo wrote:

> Teutonic Knight: I really don't recommend TIPS. I closed my account
> in them last year. I simply don't trust the "official" figures on
> inflation and other matters. I am on fixed income and I can see significant
> inflation everywhere already. James Lewis: I fear we are in a much
> more precarious situation relative to China. It is true that China
> has internal problems: large numbers of people below the middles
> class living standard, serious pollution, water shortages and water
> quality. But they have certain very strategic minerals we do not
> have. The U.S. has to import almost 100% of certain rare earths that
> are needed in modern technology. The Chinese are a very formidable
> rival or adversary.

China Stockpiles TIPS, Anticipates Commodities Bubble

Dirtnap -

With respect to presidential leaders, my mind would lead me to a guy like Ches (Nimetz). Compared to today's and yesterday's, upon his retirement he would even decline taking a private industry job offer that would pay 3 times his previous salary. He rejected book writing offers because he said he would not want to profit on the war dead.

Such was the morale fiber of this guy, compared with those who (like BHO and King Jorge II's wife) rushed out to sign book deals even before the inauguration and his husband's retirement, respectively. The retired admirals and generals of today jockey to fill high-profile defense jobs and corporate directorships. (Of late, two were let go from a large banks' board).

Ches was a strategic and tactical type of a guy, with strong morals, knew how to use intelligence, had technical knowledge (ranked 17th USMA, tops in maths), and a strong administrator (unlike today's paper MBA). He is my guy.

TK

On Aug 07 01:57 PM Dirtnap wrote:

> amgine, nothing you said in this paragraph is inaccurate, but it
> doesn't paint the whole picture. Bush was a terrible president in
> many regards, and economically one of the worst, no doubt. But let's
> not give him all the (bad) credit for this. Every president for
> the past 40 years (and arguably 100) has been contributing to this
> style of fiat, deficit-based, military-industrial super-state. The
> lines between government and corporation are too blurry, as is the
> line between Republican and Democrat. When it comes down to it,
> there is one ruling class, and they basically f*cked it all up.<br/>

China Stockpiles TIPS, Anticipates Commodities Bubble

Quite a few top-rated commenters had given their opinions above. I would concur and as a matter of fact, I just moved a boatload of my cash (by my own standard though) into TIP yesterday.

But, let me ask this question: Why is TIP still dropping today (Friday August 7)? Any one, please?

10 Dangerous Stocks to Avoid

Buffet is a Yesterday's Man.


On Apr 05 03:41 PM Jeff Skilling wrote:

> Gee, if only Warren Buffett had used the Super Stock Screener system
> he could've avoided his investments in BNI and COP.
>
> I bet after reading their SSS's track record Charlie Munger jumps
> ship!

American Consumers Aren't Spending, Or Borrowing

What has been happening is the following most likely scenario.

Middle Class Americans were awed by their precipitous 401(k) drop as much to six-figure levels. To make up for this loss, they forgo buying a new car or SUV (~$35K), cancel that annual family trip to the exotic tropical resort (~$10K), and send their kid to the Public Ivy vice the Private (~$100K), for a total savings of ~ $150K, roughly equivalent to that book-value (or most likely for real) loss.

10 Dangerous Stocks to Avoid

Buckoux,

Today we have the Organized Crime, Organized Religion, Organized Labor Movement, etc. So the GEMCO that you described would be no stranger to me as a candidate category to the above.

BTW, the grapevine I heard, IBM has a museum of mothballed computers that houses the most ingenious and innovative of their prototypes. How long could you continue to keeping the customer stupid?

Teutonic

On Apr 04 11:09 AM Buckoux wrote:

> Teutonic Knight: " Some say that some of these companies gear more
> to serving its own executives - a food for thought in the current
> economic environment."
>
> This phenomenon has been so since before General Merchandising Corporation,
> "GEMCO", sold its business guts to protect its senior management
> (in the end they were fired by a new board). Though I am sure GEMCO
> was not the first company to be sacrificed on the alter of hired
> managements perfidy and duplicity, it certainly won't be won't be
> the last.

10 Dangerous Stocks to Avoid

The impending much belated collapse of IBM is often akin to the collapse of the Roman Empire even back in the 1990's. That company managed to survive for so long and even gobbling up so many upstart companies on its way. Some say that some of these companies gear more to serving its own executives - a food for thought in the current economic environment.

What’s the Right Price for Oil?

To the Daily Reckoning,

I would like to offer a different perspective from the title of your article, if I may.

Instead of debating, or even defending the "right" price for oil, isn't it time that we, American, wake up to cease our addiction to cheap oil?

If indeed we had learned our lessons from the early '70s Arab oil embargo crisis, and started to build energy efficient cars like the Japanese did, we would have been in much better shape today. We spent about something like a little less than $1T each year importing oil. Imagine if we had succeeded in conservation, and invested in converting to renewable energy, the money saved would have gone a long way in paying down our national debt, and in cleaning up the environment.

The truth is we don't want to, unless we are forced to, on top of other political and economic reasons that the readers only know too well, and which I do not want to elucidate here, after listening to the Bankers on Capital Hill this morning.

In my view it has to do with our culture too. i could recall in the roaring '60s gas was so cheap selling for 33 cents a gallon. The Japanese being a island country with almost no oil reserve and production at the time, everyone knew from childhood the high cost of gasoline and the need to conserve. As a result they have been way ahead in building more energy efficient cars.