Ten Bear Market Phases, Current Edition [View article]
Face it folks: we are going to be screwed as the federal government will default to it's, (not so secret), policy of socializing all bank losses - that means we taxpayers bail out the banks and foreclosed-on home buyers and the banks will continue taking stupid risks because the federales will use FORCE if they must to take taxpayer money to give to the banks. My prognosis is the DEPRESSION will last 5 years IF the market is left alone to cleanse itself. If the government "Helps" the market cleanse itself, the cleansing will take 10 years - minimum.
Confessions of a Former Inflationist [View article]
All Americans need to get real: the US economy is crashing and the global economy will collapse, (probably within 6 months after the Beijing Olympics). The collateral damage will be awful and many US citizens will be glad to work for any wage they can get. The Fed's pathetic actions to support insolvent banks, insurance companies and totally unworthy borrowers by guaranteing their losses with taxpayer money will drag the economic pain for years.
Hey Mish, Your analytical analysis is ... simply brilliant. If the fact that Gold rises during deflationary,(or hyperinflationary), periods but NOT during periods of "low" inflation such as is the case in the US up until now, (June 2008) was well known by Americans, Gold prices would have blasted off long ago. Wonder what the price of Gold is in Zimbabwe about now?
INVESTORS: It is a sure thing that the dollar will be worth less each succeeding year, but it is probable that a share of stock in a quality company will be the same piece of the company in ten years. Which is better? (We are comparing only US Dollars and equities. Commodities will probably outperform both for at least 10 years.)
The history of ALL GOVERNMENTS' creation of fiat money, (fiat money: that money created by governments - out of thin air - by legal decree), boils down to one thing: ALL GOVERNMENTS will carry out any evil, corrupt and foul act(s) to keep from having a money STANDARD to which the GOVERNMENT must adhere. How would GOVERNMENTS maintain their control over the serfs, (who toil to put food in their own mouths)? Therefore, a continuous war on ANY STANDARD which can't be readily manipulated, (e.g. paper money), is waged by ALL GOVERNMENTS. To ALL GOVERNMENTS, the GOLD STANDARD must be eradicated from planet Earth.
Wall Street Breakfast: Must-Know News [View article]
Hey Short Seller, Yes, I guess any OBJECTIVE NEWS is terrible to yoy. Your SUBJECTIVE MINDSET perfectly symbolizes the pie-in-the-sky, airheaded way of thinking that brought the US economy to the crisis point it has reached.
Wall Street Breakfast: Must-Know News [View article]
"It's amazing how almost homogeneously bad the news is. Not sure what to make of that." Frank F's view reflects the majority opinion on objective economic news. If it is "good news", (as spun by the government/media cartel), then they can spend their last dollar and not worry about tomorrow. However, bad news is always due to someone else. Now that the real objective news is becoming obvious, (and it is downright distressful), something must be done, (in the sheeples' minds they are not responsible in the least). This economic debacle is largely due to the non-responsible majority's insistence that the government force the private sector to provide goodies to all irregardless of the costs to the U.S. economy. Now that these foolish government policies are bringing down our capitalist system, the moronic majority are being forced to deal with the reality of procuring life's necessities and this is horrible in their minds. Too bad, you idiots... DEAL WITH IT!
MISH, What gets me is how supposedly intelligent investors can read what has gone on in our economy for the past 95 years, (1913), and not realize how the U.S. investor has been SCAMMED. The Fed was created in 1913 and every year since massive wealth has been siphoned out of the country. With the US Dollar losing value every year, the government can report numbers that indicate investors have gained when they have really lost, (in the aggregate) , because every dollar they have gained buys less each passing year. With the US Dollar worth only 4 cents of it's value in 1913, the scam is reaching a crisis point.
The Fed Can't Save Us from World Food Shortages [View article]
Face it Folks - if the American population clamors for the guvment to "run" their lives, then the guvment will "run" them to death. Starvation is just one more mechanism the guvment will use to "thin the herd", (that's us, Folks!).
The Dow, Adjusted For Inflation, 1925-2007 [View article]
Brian, You and me know it's all a scam and a sham to fool the dumbmasses and keep them in line. "Life, liberty and the pursuit of happiness" is an idea killed long ago by the imperial Fed - the creation of the Federal Reserve,(1913-1916), and subsequent events have thoroughly cowed the scheeple into accepting the sharecropper mentality. It is no mere coincidence that any citizen who challenges the federal government is silenced, (remember the Branch Davidians? Crazy, maybe... But why did the "gubment" have to wipe their compound from the face of the earth? Simple - to show the scheeple who is the boss. Same reason the Nazis wiped Lidice, Czechoslavakia from the earth during WWII - they were a challenge to the Nazis). And guess where the North American treaty, (the treaty giving away what is left of U.S. sovereignty), was signed? Waco was the site of signing. Check out 'spp.gov'. Rebel
Ten Bear Market Phases, Current Edition [View article]
itself. If the government "Helps" the market cleanse itself, the cleansing will take 10 years - minimum.
Confessions of a Former Inflationist [View article]
Is the Inflation Scare Over Yet? [View article]
Time To Abandon Stocks? [View article]
Night of the Living Fed [View article]
is waged by ALL GOVERNMENTS. To ALL GOVERNMENTS, the GOLD STANDARD must be eradicated from planet Earth.
Wall Street Breakfast: Must-Know News [View article]
Yes, I guess any OBJECTIVE NEWS is terrible to yoy. Your SUBJECTIVE MINDSET perfectly symbolizes the pie-in-the-sky, airheaded way of thinking that brought the US economy to the crisis point it has reached.
Wall Street Breakfast: Must-Know News [View article]
State and Municipal Governments Feeling the Pain [View article]
Bankruptcies are Booming [View article]
investors have gained when they have really lost, (in the aggregate)
, because every dollar they have gained buys less each passing year. With the US Dollar worth only 4 cents of it's value in 1913, the scam is reaching a crisis point.
Dave Barry on Subprime and the Dollar [View article]
The Fed Can't Save Us from World Food Shortages [View article]
The Dow, Adjusted For Inflation, 1925-2007 [View article]
You and me know it's all a scam and a sham to fool the dumbmasses and keep them in line. "Life, liberty and the pursuit of happiness" is an idea killed long ago by the imperial Fed - the creation of the Federal Reserve,(1913-1916), and subsequent events have thoroughly cowed the scheeple into accepting the sharecropper mentality. It is no mere coincidence that any citizen who challenges the federal government is silenced, (remember the Branch Davidians? Crazy, maybe... But why did the "gubment" have to wipe their compound from the face of the earth? Simple - to show the scheeple who is the boss. Same reason the Nazis wiped Lidice, Czechoslavakia from the earth during WWII - they were a challenge to the Nazis). And guess where the North American treaty, (the treaty giving away what is left of U.S. sovereignty), was signed? Waco was the site of signing. Check out 'spp.gov'.
Rebel