The economy and stock market still have some friends, such as Goldman Sachs' Jan Hatzius, who believes the U.S. is "years away" from the next recession. "The unemployment rate is still 9%, we're nowhere close to a really tight labor market that usually predicates a recession, so I think we're still be in a recovery for a few years." That's one way of looking at it; here's another. [View news story]
Joe Crash, LOL, you need to do some more research regarding Hatzius. That chump has revised and restated economic "positions" more times than Michael Jackson visited plastic surgeons. On the inside track, the guy's known as a joke and flip-flopper (which could be by design knowing Goldman's record).
As for your other comment regarding bears being bears because their in some mentally depressed or angry state...well, it shows me you have no intention on trying to balance an argument within yourself. I mean, really...everything's perfect in American economics, so any contrary talk to the "recovery" MUST be illogically conditioned Freudian "id speak" right?
Scroll down to WMARKW's 18 lines of fact. After reading it, please tell him he must be unemployed or missing the right side of the trade...after all, there's no WAY his recovery contradicting list could be right.
Man I'm tired of you Keynesian mules with you blinders on...haven't you guys done enough damage?
The economy and stock market still have some friends, such as Goldman Sachs' Jan Hatzius, who believes the U.S. is "years away" from the next recession. "The unemployment rate is still 9%, we're nowhere close to a really tight labor market that usually predicates a recession, so I think we're still be in a recovery for a few years." That's one way of looking at it; here's another. [View news story]
condoc,
wow, congrats! "Top 50" HAHAHA!!!!
reap it troll boy! You and your 20 alteregos should celebrate and pop a bottle of Asti from your mom's fridge upstairs.
Evidence of "extensive and abusive" mortgage servicing practices is "piling up" at the Justice Department, Gretchen Morgenson writes, which "should dispel any notion that toxic servicing practices were atypical or have done no harm... which makes it all the more mystifying that regulators seem eager to strike a cheap and easy settlement with the banks." (earlier) [View news story]
This is all part of the "slow unwinding truth", which favors the banks because our "ADHD society" will be lulled into other "stimuli du jour" by politicians (read: complicit) and the MSM.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
bbro,
not another market, but rather another pricing structure that's lower due to it's purity weight. However, if the pieces are "rare" (ie - old coins) then potential value goes up to what market will bear.
IMF director general Dominique Strauss-Kahn has been arrested in New York minutes before leaving on a flight for France, and is accused of a sexual attack on a hotel maid in NYC. Strauss-Kahn is expected to be a candidate for president of France in 2012. Update at 11:15 PM:NYPD says it's anticipated he'll be charged with "a criminal sexual act, attempted rape, and unlawful imprisonment" within the hour. [View news story]
Is anyone really surprised? This is typical of the global oligarchy, and why the world is in the state it's in. It's about perceived priveledge of the few "untouchables".
David Kotok is happy to fade Meredith Whitney's bet against municipal debt. An improving economy has state and local revenues on the rise at the same time budgets are being cut, writes Kotok. "We're going to dig in our heels on the other side." [View news story]
tack,
.35 cent crabcakes!?!? I would eat until I puked.
anyway, thanks for the detailed POV, so here goes...
Relative pricing to goods has been getting more skewed as time goes on. The value of currency when that crabcake was .35 was much higher, even in relative terms to income.
Price inflation cycles occur, I do agree. However, we are in uncharted territory this time with record debt, record Fed balance sheet, record employment trends (underempl, etc), record housing crash, etc The QE is going to keep on coming, meaning more dollar debasement. Ultimately we will see an inflationary volcano like no other. Now, one may say, "but the Treasuries/bonds say...". Well, how can we possibly use Treasuries as a barometer when the majority buyer is the Fed via its ponzi deputies, the Primary Dealers.
Again, I see your logic...and you make very sound and reasonable arguments, but again, you make them in a vacuum belief of "free capital markets" and "sound, stable global monetary systems". It's almost Willie Wonka like. This is not the reality. The reality is a completely imbalanced system that is fraught with corruption and ponzi style market propping across all sectors, from equities to bonds and into currency.
David Kotok is happy to fade Meredith Whitney's bet against municipal debt. An improving economy has state and local revenues on the rise at the same time budgets are being cut, writes Kotok. "We're going to dig in our heels on the other side." [View news story]
lol condoc, you speak of "reputation" in a one-liner cut-n-paste out of a Hollywood action movie.
coming from a troll like yourself, it's meaning's as empty as a Fed job creation directive.
Tack,
you provide intelligent rebuttal, however it's flawed on one major level...
"steep discounts to underlying value"
There's that word again, "value".
Value because we've had one sell-off after years of Fed and Treasury induced fiat vomiting?
This hasn't even started yet. Look at Europe, look at Japan....heck, look at us with job bleeding, income falling, inflation, real tax revenues falling, housing, housing, housing...
You speak of "value" and "discounts" in a pure and wholesome quantitative manner.
Me? I'll take the qualitative road in this record low volume, big bank traded, HFT driven market, because I KNOW in the end all lies unfold...and this my friend is a lie supersaturated "market".
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
ace,
At a buck over spot? No, you're not missing anything. That's a good deal. I don't know their reputation, and do know their are many fakes out there, so that would be my only concern.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
yeah bbro...listen to condoc and go to Tiffany where you'll pay 400% over spot.
Oh, and that's not even for pure silver, but for 92% sterling.
Tell me econ, what are you asking for your supposed silver dinner set?
Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037. [View news story]
not a planner,
The house is ideed on fire, and you're right..."household credit cards" have limits based upon income (for the most part). Congressional spending limits (see: credit cards) don't exist.
David Kotok is happy to fade Meredith Whitney's bet against municipal debt. An improving economy has state and local revenues on the rise at the same time budgets are being cut, writes Kotok. "We're going to dig in our heels on the other side." [View news story]
"folks"?
This isn't a town hall meeting full of sheeple.
People here know better than to stick their hand in a 4-7 yr snake pit full of municiple time bombs.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
correct regarding APMEX spot prices. However, you'll find all the silver houses have done so. I am a big service guy and you are also correct that they are the tops. I'm always looking for great silver deals, so anyone that has leads I love checking them out.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
very good points. What I failed to mention was how many seem to lean too much on technical analysis. I personally believe it has great merit as a tool when put into context as you just did.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
The economy and stock market still have some friends, such as Goldman Sachs' Jan Hatzius, who believes the U.S. is "years away" from the next recession. "The unemployment rate is still 9%, we're nowhere close to a really tight labor market that usually predicates a recession, so I think we're still be in a recovery for a few years." That's one way of looking at it; here's another. [View news story]
LOL, you need to do some more research regarding Hatzius. That chump has revised and restated economic "positions" more times than Michael Jackson visited plastic surgeons.
On the inside track, the guy's known as a joke and flip-flopper (which could be by design knowing Goldman's record).
As for your other comment regarding bears being bears because their in some mentally depressed or angry state...well, it shows me you have no intention on trying to balance an argument within yourself. I mean, really...everything's perfect in American economics, so any contrary talk to the "recovery" MUST be illogically conditioned Freudian "id speak" right?
Scroll down to WMARKW's 18 lines of fact. After reading it, please tell him he must be unemployed or missing the right side of the trade...after all, there's no WAY his recovery contradicting list could be right.
Man I'm tired of you Keynesian mules with you blinders on...haven't you guys done enough damage?
/sarc off
The economy and stock market still have some friends, such as Goldman Sachs' Jan Hatzius, who believes the U.S. is "years away" from the next recession. "The unemployment rate is still 9%, we're nowhere close to a really tight labor market that usually predicates a recession, so I think we're still be in a recovery for a few years." That's one way of looking at it; here's another. [View news story]
wow, congrats! "Top 50" HAHAHA!!!!
reap it troll boy! You and your 20 alteregos should celebrate and pop a bottle of Asti from your mom's fridge upstairs.
James Altucher: "Why I would rather shoot myself in the head than own a home." For starters, "Leveraging up 400% in an illiquid investment with no diversification is a scary concept to me and should be to any rational person." [View news story]
Evidence of "extensive and abusive" mortgage servicing practices is "piling up" at the Justice Department, Gretchen Morgenson writes, which "should dispel any notion that toxic servicing practices were atypical or have done no harm... which makes it all the more mystifying that regulators seem eager to strike a cheap and easy settlement with the banks." (earlier) [View news story]
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
not another market, but rather another pricing structure that's lower due to it's purity weight. However, if the pieces are "rare" (ie - old coins) then potential value goes up to what market will bear.
IMF director general Dominique Strauss-Kahn has been arrested in New York minutes before leaving on a flight for France, and is accused of a sexual attack on a hotel maid in NYC. Strauss-Kahn is expected to be a candidate for president of France in 2012. Update at 11:15 PM: NYPD says it's anticipated he'll be charged with "a criminal sexual act, attempted rape, and unlawful imprisonment" within the hour. [View news story]
David Kotok is happy to fade Meredith Whitney's bet against municipal debt. An improving economy has state and local revenues on the rise at the same time budgets are being cut, writes Kotok. "We're going to dig in our heels on the other side." [View news story]
.35 cent crabcakes!?!? I would eat until I puked.
anyway, thanks for the detailed POV, so here goes...
Relative pricing to goods has been getting more skewed as time goes on. The value of currency when that crabcake was .35 was much higher, even in relative terms to income.
Price inflation cycles occur, I do agree. However, we are in uncharted territory this time with record debt, record Fed balance sheet, record employment trends (underempl, etc), record housing crash, etc The QE is going to keep on coming, meaning more dollar debasement. Ultimately we will see an inflationary volcano like no other. Now, one may say, "but the Treasuries/bonds say...". Well, how can we possibly use Treasuries as a barometer when the majority buyer is the Fed via its ponzi deputies, the Primary Dealers.
Again, I see your logic...and you make very sound and reasonable arguments, but again, you make them in a vacuum belief of "free capital markets" and "sound, stable global monetary systems". It's almost Willie Wonka like. This is not the reality. The reality is a completely imbalanced system that is fraught with corruption and ponzi style market propping across all sectors, from equities to bonds and into currency.
David Kotok is happy to fade Meredith Whitney's bet against municipal debt. An improving economy has state and local revenues on the rise at the same time budgets are being cut, writes Kotok. "We're going to dig in our heels on the other side." [View news story]
coming from a troll like yourself, it's meaning's as empty as a Fed job creation directive.
Tack,
you provide intelligent rebuttal, however it's flawed on one major level...
"steep discounts to underlying value"
There's that word again, "value".
Value because we've had one sell-off after years of Fed and Treasury induced fiat vomiting?
This hasn't even started yet. Look at Europe, look at Japan....heck, look at us with job bleeding, income falling, inflation, real tax revenues falling, housing, housing, housing...
You speak of "value" and "discounts" in a pure and wholesome quantitative manner.
Me? I'll take the qualitative road in this record low volume, big bank traded, HFT driven market, because I KNOW in the end all lies unfold...and this my friend is a lie supersaturated "market".
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
At a buck over spot? No, you're not missing anything. That's a good deal. I don't know their reputation, and do know their are many fakes out there, so that would be my only concern.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
Oh, and that's not even for pure silver, but for 92% sterling.
Tell me econ, what are you asking for your supposed silver dinner set?
Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037. [View news story]
The house is ideed on fire, and you're right..."household credit cards" have limits based upon income (for the most part). Congressional spending limits (see: credit cards) don't exist.
David Kotok is happy to fade Meredith Whitney's bet against municipal debt. An improving economy has state and local revenues on the rise at the same time budgets are being cut, writes Kotok. "We're going to dig in our heels on the other side." [View news story]
This isn't a town hall meeting full of sheeple.
People here know better than to stick their hand in a 4-7 yr snake pit full of municiple time bombs.
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]
Gold vs. silver: Reasons for investing in both still abound, but they're not the same - silver looks more like tulips lately, while gold is still gold. There are key differences: not only in supply of the metals, but the out-of-whack gold-silver price ratio. [View news story]