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Zmartmoney

Zmartmoney
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  • Goldman Sachs Analysis Shows Just How Low American's Wages Are [View article]
    "...woefully inadequate skills..." Precisely. So many young people have wasted their education opportunities, yet demand that they receive a "living wage" for not having gained a "living wage education." Blame everyone else for your problems is where we have arrived as a society. Between victimhood and political correctness, it appears that we are ready to subordinate our entire lives to a tyrannical govt masquerading as a benevolent master. What follows that has already been demonstrated in all the history books.
    Nov 18, 2014. 03:46 PM | 1 Like Like |Link to Comment
  • What Happens When Solar Costs Go Below Fossil Fuels? [View article]
    Exactly correct, and the reason why chasing green has to be a long-term move, with plenty of knowledge about the players. However, there's been so much juking of the marketplace over the last five years that it's almost impossible to know who can actually stand on their own and make the big time. It's Vegas. Again.
    Nov 11, 2014. 04:00 PM | 5 Likes Like |Link to Comment
  • What Happens When Solar Costs Go Below Fossil Fuels? [View article]
    Yeah, I was thinkin' to start back to datin' that stripper, again, too... I think she's finally ready to make a go of it.
    Nov 11, 2014. 03:56 PM | 5 Likes Like |Link to Comment
  • Gold Is Asleep - When Will It Awaken? [View article]
    When I said, "The entire story on gold value has no resolution," I was referring to some absolute statement as to whether gold was a good place to put your money. The big players can mess with it too much to have it reflect reality. That will continue until the forces of the marketplace are so strong as to overwhelm the deep pockets, then it will move hard, one way or the other. And, then can go back the other direction just as quickly. As I said, it's a hedge against bad days.
    Nov 5, 2014. 02:56 PM | Likes Like |Link to Comment
  • Peak What? Dancing With The Devil [View article]
    One would think it's a good time to buy up some oil for our Strategic Petroleum Reserves, after using some of it for all the wrong reasons.
    Nov 5, 2014. 02:52 PM | Likes Like |Link to Comment
  • Peak What? Dancing With The Devil [View article]
    I don't see a "real" collapse at all, given the continuing demand, worldwide. That doesn't preclude thieves and governments (but, I repeat myself) from running their games and juking the market around for their next $Billions.
    Nov 5, 2014. 02:51 PM | Likes Like |Link to Comment
  • Peak What? Dancing With The Devil [View article]
    Ahh, the straw man appears, to drag the point into the ditch for a proper beating.
    Nov 5, 2014. 02:40 PM | Likes Like |Link to Comment
  • Peak What? Dancing With The Devil [View article]
    Because he can use his legal (and illegal) authority to block you at every turn. The presidency has too much power these days - largely because Congress has turned into a bunch of wienies, with no stomach to oppose him in any meaningful way.
    Nov 5, 2014. 02:38 PM | Likes Like |Link to Comment
  • Peak What? Dancing With The Devil [View article]
    Oil independence, yes, if only our "progressive" government would allow it. No, it's too anti-progressive, can't do it. Too many totems to worship and palms to grease. Maybe next time.
    Nov 4, 2014. 08:54 AM | 4 Likes Like |Link to Comment
  • Peak What? Dancing With The Devil [View article]
    I believe Marek's point was not so much to isolate an exact response from an entity but to point to the sprawling nature of the players and their needs, as well as to the unpredictability of their actions. What Russia might do is a subject for many a drawing room discussion.
    Nov 4, 2014. 08:45 AM | 2 Likes Like |Link to Comment
  • Gold Is Asleep - When Will It Awaken? [View article]
    The entire story on gold value has no resolution - only day to day ups, downs, and sideways that have no ending. It's still just a hedge, not an investment, and that's where I'll keep it. In the meanwhile, the market looks like a street-people's parade and smells about the same. Investing locally looks good to me right now.
    Nov 4, 2014. 08:39 AM | Likes Like |Link to Comment
  • Apple: Where Do We Go From Here? [View article]
    Zombie Nation will continue to buy unneeded Apple Twinkies as long as they're also able to buy food at McD's. Probably still going up, as amazing as that is. It's strictly a cultural phenomenon and those can have legs as long as the generation that sold into them is still enamored.
    Oct 28, 2014. 02:50 PM | 2 Likes Like |Link to Comment
  • Gold Is Asleep - When Will It Awaken? [View article]
    The bane of gold is gold paper. The other one is CB's. The enemy of gold is govt handouts and a shrinking middle class. Physical gold will ultimately break out, but probably not until paper gold has some sort of crisis. Until then, sit on it or find a better short term use - then, panic when the top comes off and you've unloaded.
    Oct 21, 2014. 05:53 PM | 2 Likes Like |Link to Comment
  • Economic Atonement [View article]
    I completely disagree that there is no inflation. I just bought a battery for one of my cars. Two years ago it cost $94. This week the exact same battery and same large automotive chain store - $134. I see that sort of climb happening every day no matter where I go. What you meant to say was the Government says there's no inflation.
    Oct 15, 2014. 05:54 PM | Likes Like |Link to Comment
  • Long-Term Outlook - Bleak! [View article]
    JasonC - the top 5% of income earners start at $159,000. You do understand that if you live in Maryland or Virginia or anywhere in NYC, in a halfway decent urban area, that you probably can't afford to live there on that much income. Most people I know make more than that, although we are all decidedly middle class. That level of income may make some people feel rich, but they are not.
    Oct 14, 2014. 05:05 PM | Likes Like |Link to Comment
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