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fredcloss

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  • 3D Printing - Opening Pandora's Box [View article]
    Well stated UncleSam. Still, the possibilities for manufacturing will not stop the idea of 3D printing. Perhaps, as in the case with guns, we should blame, then prosecute, the criminals that yield the weapons printed instead of blaming the weapons?
    May 6 08:52 AM | 10 Likes Like |Link to Comment
  • Silver Is Finally Ready To Bottom [View article]
    A compelling article. Just the same, I'm holding physical silver as a means to buy necessities should the markets collapse, not as an investment. If countries continue to print money as the means to pay debt, a collapse is imminent IMHO.
    May 30 09:25 AM | 1 Like Like |Link to Comment
  • Homebuilder Confidence Is Hitting A Rough Patch [View article]
    Without jobs, people cannot buy homes and, in spite of the image Wall Street and Washington want to project. jobs are not improving and underemployment is rampant. Natural gas. NG is the chief source of electrical power generation and ethylene. Since manufacturing requires both, it may the best indicator of the economy's condition and NG's price is VERY low.
    Apr 17 09:09 AM | Likes Like |Link to Comment
  • The Gold Price Tells Us Nothing About Inflation [View article]
    Balderdash - An ounce of gold does have value against inflation. For example, 100 years ago, one ounce of gold bought a fine, hand tailored suit, shoes, shirt and 2 ties. It still does. Fred
    Apr 5 09:10 AM | 3 Likes Like |Link to Comment
  • Initial Jobless Claims: +15K to 381K vs. +9K consensus. Continuing claims +34K to 3.6M[View news story]
    "Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other." - Ronald Reagan
    Washington's altruistic policies, used to buy votes, have sold our economy down the river for too long. The way back to prosperity will be to roll back Washington's power and put the states back into control of their destinies. Let the states work the way the Founding Fathers designed the system and let each State compete for population and you'll see growth. Altruism only succeeds in destroying the works of those that make the motor of the world run. Austerity works for all that labor.
    Dec 29 11:59 AM | 1 Like Like |Link to Comment
  • Barney Frank introduces a bill to remove regional Fed presidents from voting on FOMC interest rate decisions. Frank is displeased that these members are neither selected by the President nor approved by Congress, yet hold such sway over monetary policy. It's unclear how much Republican support the measure has.  [View news story]
    Why not eliminate the FEDERAL RESERVE AND BAWNEY FWANK?
    May 3 12:27 PM | 2 Likes Like |Link to Comment
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