proxyjoe

Is This Just the Beginning of a Depression?

JohnBinTN, said :

Happy to give you a view from Oz. :) Just as you disagree with me (quite kindly and respectfully, thanks!), us Ozians get ruffled feathers whenever there's a mention of stockpiling essentials, hoarding ammo, or burying gold in the backyard.

Everything is not good. Everything is not bad. Same as it ever was, and always will be.
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just like you pufdahs from downunder would manage to come up with.. I'm suprised you could begin pull your beak out of that pint of Sheafs or Tooheys to even utter a coherent statement. WTF makes you think you know the tinyest thing about America living in a Socialist place like Oz?

Jobs Data Divergence: Who to Believe?

Stephen Met: "Aside from job creation and job loss, does anyone look at the denominator of the unemployment rate? If the workforce shrinks and the number of unemployed shrinks by the same amount, the unemployment rate goes down. "

It depends... If the "number of unemployed 'shrinks'" because those who dropped off the "back" of unemployment rolls are simply not counted nor tracked any longer due to to whatever reasons (ie: convenience, lazyness, contempt, don't "exist" any longer), then NO, the unemployment number SHOULD NOT simply just go down. Those people should continue to be tracked, until they are finally either: employed, retired, or become deceased. I don't care HOW the government tracks them. That practise of acting as those unfortunates just vanished is so disingenuous, it should disgust the public that US Government treats its most down and out citizens that way.

25 Reasons We Will Not Have a Depression

+10 Jasper M. for that falling safe analogy

What the Greatest Investor in the World Is Doing Right Now

Gold has been appreciating but Silver and PGMs have been rising even faster.

Long HL, SWC, TCK

25 Reasons We Will Not Have a Depression

Sorry corson, I have to agree more with leftfield's and swash's estimates than yours. Plus the ugly unemployment numbers will take years to bring back down into single digits and this has been an economy which is based about 70% on consumer spending. No, we are going to have this depression whether you or Obama or Pelosi or Reid wants it or not.

Time to Go to Cash... Or Is It?

Exactly Donald.. The metals are all glittering while cash is trash.

Long SLV, HL, TCK, ANV, SWC, GDX

7 Million More Job Losses Are in the Pipeline

Around here, most folks live normal frugal lives and don't try keeping up with big spenders putting on the Ritz (like the phonies of CA). But, the stores all have a healthy crop of shoppers on weekends and the restaurants and clubs are full with waiting lines too. The upscale car dealers (MB, Lex, Inf) all seem to be doing brisk business.

Soo happy to see all the malaise and rot setting in around Mexifornia and not where I live.

The Unemployment Rate Illusion

John Galt said. "..or was he putting a band-aid on failed state budgets for a year?"

Dumb question: Shouldn't this sort of federal expense be a matter of record? Or can Obama/congress hide/bury this?

Why Magazine Covers Are Historically Great Contrarian Indicators- Part II

Boring..

Silver Is Set to Soar

Yes, ditto to the others: my thanks for this very informative and timely piece. You folks at Goldcore make a compelling case for investing in Ag. I am very long shares of HL, as I believe they are also quite undervalued.

Market Correction May Be Delayed, Not Skipped

The decline you are predicting/warning of, is just business as usual.. bull markets have corrections. They are healthy. That is why we have stop loss and stop limit orders. So we don't suffer excessive loss.

BFD

The Economic Recovery That Isn't

studiophototrope said, "No one is happy with the large number of people still losing their jobs, but isn't the free market, cutting the fat, tightening the belt stage what free market capitalists have been recommending since this began? Now that the markets are doing their thing, it's suddenly become proof of fundamental flaws??"

The problem with job contractions is that the private sector is always the one doing the layoffs. When is the government going to follow suit?? at ALL levels ? That is one of the biggest problems of all: the government keeps adding workers, even during economic downturns and yet, they expect the private sector to keep paying taxes so they don't have to ever shrink the public rolls!

Are Best Buy's Earnings a Warning?

BestBuy. Their staff is all arrogant high-school dropouts. They have this PC repair bunch called "Geek Squad" who aren't competant in either diagnosis nor repair; just trained in selling something to a dummy that they do not need. They have a website but it is aggravating to try and use. Poorly organized, badly indexed, and is sloowww.

Cercuit City was even worse. I could see how they folded up.

I don't think that looking at financial reports all day can tell you as much about a retail store or website as actually visiting some and noting how well-run the place is, how organized, how attentive and knowledgeable they are, and price checks for comparisons is the key.

Guidelines for job related and other postings

I need a job too

How Much Will Sovereign Wealth Funds Impact Stocks and Bonds?

I thinks not