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lumberjck

lumberjck
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  • Silver: The Best, Worst and Likely Scenarios [View article]
    It seems we are on our way to a real silver run. The unknowns are, when it will happen, how high it will go, and what kind of dips will come along the way. I suspect, 2 years will answer 2, of the 3 questions.

    The real question, is when will we really run out of Silver, such that, paper silver becomes worth much less...
    Nov 18 03:59 PM | 3 Likes Like |Link to Comment
  • China's Imports Soar [View article]
    Just FYI, were a Republic. and I don't know what anybody's average IQ is, since I haven't taken a formal test, I am not willing to guess what our countries is or another country. What does the IQ really test for.

    Inquiring minds want to know.
    Feb 11 11:28 PM | Likes Like |Link to Comment
  • Google Set to Unveil New Social Product Tuesday [View article]
    Finally! an alterative to Facebook and myspace! :-)
    Feb 9 03:09 PM | Likes Like |Link to Comment
  • Projecting GDP for 2010 [View article]
    Ok, now it makes perfect sense. Thank you.
    Feb 8 09:43 PM | 1 Like Like |Link to Comment
  • Job Loss Rates Across Various Recessions [View article]
    The Meatballeffect;

    I am not sure their was sufficient sarcasm in your last post. Please stop watering it down so much. :-)
    Feb 8 02:42 PM | 1 Like Like |Link to Comment
  • U.S. Slaps Tariff on China; Gold Price Jumps [View article]
    I can only agree. The only question is how soon, and how fast.
    Feb 8 02:30 PM | Likes Like |Link to Comment
  • China on the Way Down: More Trouble Brewing for U.S. Stocks [View article]
    I think you are right Buzzer;

    It was a good move to do the pre-emtive strike. I wounder if on the US side, if there is a way to force or change the pre-defined exchange rate China has with the US?

    "He who has the Gold makes the rules"
    True on at least two accounts. They own our Money (over 1 trillion), and they now are owning the Gold. Its almost like they have the cake, and they can eat it to.
    Feb 8 02:23 PM | 1 Like Like |Link to Comment
  • Will the iPad Succeed in the Enterprise? [View article]
    Nice Pun :-)
    Feb 8 02:18 PM | Likes Like |Link to Comment
  • Projecting GDP for 2010 [View article]
    Greetings Buzzer;

    If debtors loose (33%) as you so remarked, wouldn't that mean the money we (The Federal Government) pay them back with, be "Worth-Less" than before it drops 33%? By its very definition, or am I missing something.

    "That may be something they decide to do, and it would no doubt be looked poorly on our Debtors. "
    Feb 8 02:16 PM | 1 Like Like |Link to Comment
  • Economic Viewpoints and the Outlook for Silver [View article]
    Paxjds,
    What do you think of SGOL and SIVR? Is it the same problem? Just paper, not real?

    Since I am on the question bandwagon, what about investing in Gold/Silver Mining Stocks instead. Or are you suggesting just get out of the stock market altogether?
    Feb 8 03:45 AM | Likes Like |Link to Comment
  • Projecting GDP for 2010 [View article]
    That may be something they decide to do, and it would no doubt be looked poorly on our Debtors.

    On the other hand. That would help the trade imbalances we now have. Ultimately, the Dollar needs to drop if we want to start building up more jobs (I think). This does mean a lot of stuff is going to get more expensive. But it also means US Companies will start popping up to make a buck on some good old Made in the USA labels...
    Feb 8 03:41 AM | Likes Like |Link to Comment
  • Projecting GDP for 2010 [View article]
    Um...
    He already stated that doing this will make things worse, but this would be preferable to stimulus packages, which don't create long term jobs in industry. According to Schiff, our big problem is we consume more from other countries than we export, hence a trade def. This is compounded by the fact we import ?800 Billion? in oil a year. Stimulus doesn't work, and bigger goverment doesn't work, because it fails to address the real problem. We need to be able to produce and export at least as much as we import.

    It appears that at least several economists believe inflation is inevitable. Including, the team at USAA. I suspect that a tail spin if that is what you wish to call it, is likely to happen, no matter what we do. The question, is how far down the false stimulus recovery packages do you want to go down into, before we start climbing our way out.

    I suggest, that we should have done none of them, based on what I am reading. I do not subscribe to Keynesian economics. Spending into prosperity doesn't seem to work. It appears to make it worse. And now as an additional case in point, the US and World Economies of 2002-2009. Germany would be the original case in point, for anyone who wishes to do some more history research.

    Peter Schiff, Volcker, and I believe USAA, seem to all be saying the same thing, but Wall street, the FED, and the current US Government, appear not be listening, and my guess is they will probably start talking about the need for another stimulus package to get things going... But I really hope that doesn't happen..
    Feb 8 03:37 AM | Likes Like |Link to Comment
  • Projecting GDP for 2010 [View article]
    I've just found a economist named Peter Schiff. His view and this article seems to be in agreement. Those spades are not something we will be looking forward to. I would say that we can only hope for a political change, however, what we really need to turn out dependence on God. Otherwise, our nation is likely to continue to make the same decisions that got us here.

    Economically, I hope we don't keep spending our way into a deep hole. I would probably survive but our nation would get the brunt of the problems. And I don't want that. We need to become stabilized, or our economic ship is in real peril.
    Feb 6 04:27 PM | Likes Like |Link to Comment
  • Economic Viewpoints and the Outlook for Silver [View article]
    Being a newer investor, I was almost ready to put my $$$ in slv and gld. Only to see it drop days before said action was to take place.

    I had not anticipated the correction from $18+ on slv, to now around $16's. Although I found other stocks to loose money on in January. This seems to make much sense, especially with the dollar increasing in value. This may well provide a excellent entry point, with the stocks dropping, and silver/gold with them.

    Like the above article says, there is no perfect entry point, and we could see all kinds of corrections. But I suspect that we may well be near a good entry point for the precious metals. Time will tell.
    Feb 5 03:38 PM | Likes Like |Link to Comment
  • U.S. Slaps Tariff on China; Gold Price Jumps [View article]
    If we could crank out a lot more Gold, and other precious metal from our mines. to the tune of 10 times the current amount, perhaps we would get close to balancing the difference. But alas, that would push the value of those metals down.

    This is a sticky situation, and I haven't quite got a good answer how to resolve it. But perhaps the best idea, would be to let the dollar fall against other curacies. So that we would be forced to start producing more of our own goods. I'm sure wall street, would not like that initially, but in the long run, which is what really matters, I suspect it would help solve much of our current problems.
    Feb 5 01:27 AM | Likes Like |Link to Comment
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