Lucid article.Thanks for writing it and sharing with us!
One pet peeve of mine is the phrase "government will CREATE jobs". I'm sorry, but the government DOES NOT CREATE JOBS. The government SHIFTS jobs, its TRUE!
If I'm full of it, enlighten me on an example of the government CREATING a job!
Despite Lower Oil Inventories, Dollar Surges [View article]
Any USD surge is strictly TEMPORARY, and SHORT-LIVED. The dollar is destined for the junk heap. We are looking at $200-300 oil VERY soon. That, unfortunately, is CHEAP! How, you ask?
1. $150 oil translates to about $0.22 cents per cup. What a bargain, right? Certainly. You can't get a decent cup of coffee for FIVE TIMES that!
2. Most of the world HAS BEEN paying the equivalent of $250-300 oil for years (approx $8 per gallon). Its not new.
3. Saudi Arabia is busting at the seams just trying to MEET their daily output of 9.5 million bbls daily. That figure has dropped 1 MILLION bbls daily since 2006. Without new discoveries, production is not likely to increase.
Forget the dollar....its withering away....try gold and silver.
Why the Discrepancy Between Oil and Gold? [View article]
To Budfoxtoday: That book was interesting, but lets face it. The SINGLE MOST obstacle preventing his suggestion to becoming a reality is that THERE IS NO GOLD IN FORT KNOX!!!!! I'll wait while you provide us with PROOF! In the meantime, I will provide the "magic" figure of Rothbard's logic as the "official price" of gold therein: $500 per ounce! Pure BullSpit!
U.S. Dollar Signaling a Changing Tide? [View article]
Michael, Michael, Michael don't you know its not politically correct to speaketh truth, particularly when the truths are exposing our government as the culprit causing all our problems! Oh, well then. KEEP DOING IT-PLEASE!!!!!!!!
First, I really enjoyed this article. Thanks for writing it. Second, stocks and ETF's are fine for some, but I prefer PHYSICAL HOLDINGS of my precious metals, primarily gold and silver, for the most OBVIOUS reason of all: those stocks and ETF's may not be worth the PAPER they're printed on when push turns to shove one day!!!!! Right now as I write this, gold and silver are BEGGING to be bought/hoarded. Get some while the "gettin' is good".
Fear and Loathing in 2009 [View article]
One pet peeve of mine is the phrase "government will CREATE jobs". I'm sorry, but the government DOES NOT CREATE JOBS. The government SHIFTS jobs, its TRUE!
If I'm full of it, enlighten me on an example of the government CREATING a job!
Despite Lower Oil Inventories, Dollar Surges [View article]
1. $150 oil translates to about $0.22 cents per cup. What a bargain, right? Certainly. You can't get a decent cup of coffee for FIVE TIMES that!
2. Most of the world HAS BEEN paying the equivalent of $250-300 oil for years (approx $8 per gallon). Its not new.
3. Saudi Arabia is busting at the seams just trying to MEET their daily output of 9.5 million bbls daily. That figure has dropped 1 MILLION bbls daily since 2006. Without new discoveries, production is not likely to increase.
Forget the dollar....its withering away....try gold and silver.
Why the Discrepancy Between Oil and Gold? [View article]
Gold and Oil Price Limits [View article]
DONT STOP!!!!
We're Nearing Crunch Time for Oil [View article]
To: Gas dependent: $200 oil will occur by 2011 for certain! Can you wait that long? Unfortunately, its no JOKE! Get real!
U.S. Dollar Signaling a Changing Tide? [View article]
$200 Oil, $2000 Gold? [View article]