Thursday Outlook: Commodities, Global Markets [View article]
Yes Doc.
On Mar 26 07:18 AM Dr. O wrote:
> Given the TRILLIONS of dollars in spending here in the US, combined > with lessor amounts in China, Europe, etc., one wonders if just a > bit of that money has been allocated to buy index futures to prop > up asset prices. > > If you were a member of "the boyz" club, and had close political > contacts, would you know that the Government had your back going > long now, just as you could have known the Government was prepared > not to intervene in stock market free fall last year? > > Is knowledge of what the Government wants or is indifferent to in > the financial markets (currency, stock, bond, etc.) the way the same > well-connected players make fortunes year after year?
Wednesday Outlook: Commodities, Global Markets [View article]
Must be nice to be GS, all the while knowing they would be bailed out, could trade on that sweet, "inside" track. Bet that was pretty profitable. Someone should investigate...
Don't know Weill personally but I wholeheartedly agree w/ you. Incidentally, he has donated a ton of the cash to institutions used solely by the wealthy.....a screw the poor kind of guy. Keep up the good work Dave.
> Thanks for a great article. I get nervous when there is no one speaking > for the other side. > > In the long run, the author will be proven correct. Gold will eventually > drop from its highs as the world economy starts chugging again. But > while the author predicts a light ride and a quick turnaround with > gold retreating from current prices, I predict a long depression > of at least 5 years with gold reaching $5000 per ounce before retreating > from that high. > > It will take years for this economy to unwind and then, finally, > start to recover on a new base. Earnings will be dismal for many > quarters and the banks will continue to lose unbelievable amounts > of money. The Commercial Real Estate Market will fall apart later > this year as will consumer debt. Derivatives will turn billion dollar > losses into trillion dollar losses. The government will continue > to stimulate to no avail. Federal debt will skyrocket, as will interest > rates. The dollar will decline and inflation will roar. > > But gold will hold its value through it all.
Thursday Outlook: Commodities, Global Markets [View article]
On Mar 26 07:18 AM Dr. O wrote:
> Given the TRILLIONS of dollars in spending here in the US, combined
> with lessor amounts in China, Europe, etc., one wonders if just a
> bit of that money has been allocated to buy index futures to prop
> up asset prices.
>
> If you were a member of "the boyz" club, and had close political
> contacts, would you know that the Government had your back going
> long now, just as you could have known the Government was prepared
> not to intervene in stock market free fall last year?
>
> Is knowledge of what the Government wants or is indifferent to in
> the financial markets (currency, stock, bond, etc.) the way the same
> well-connected players make fortunes year after year?
Wednesday Outlook: Commodities, Global Markets [View article]
Tuesday Outlook: Commodities, Emerging Markets [View article]
12 Reasons to Short Gold [View article]
On Feb 11 03:43 PM mr freddo wrote:
> Thanks for a great article. I get nervous when there is no one speaking
> for the other side.
>
> In the long run, the author will be proven correct. Gold will eventually
> drop from its highs as the world economy starts chugging again. But
> while the author predicts a light ride and a quick turnaround with
> gold retreating from current prices, I predict a long depression
> of at least 5 years with gold reaching $5000 per ounce before retreating
> from that high.
>
> It will take years for this economy to unwind and then, finally,
> start to recover on a new base. Earnings will be dismal for many
> quarters and the banks will continue to lose unbelievable amounts
> of money. The Commercial Real Estate Market will fall apart later
> this year as will consumer debt. Derivatives will turn billion dollar
> losses into trillion dollar losses. The government will continue
> to stimulate to no avail. Federal debt will skyrocket, as will interest
> rates. The dollar will decline and inflation will roar.
>
> But gold will hold its value through it all.