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  • Is An Obama Victory Already Priced In? [View article]
    With all due respect to Yohay and other commenters who still think that Obama is going to win re-election tomorrow... you have been living in a vacuum for the last 4 years. You cannot actually believe that Obama is even going to be close in the vote count.

    Here is a bit of factual refresher for you:

    • The country is stuck in a recession which Obama has made worse. After four years, he has no plan to remedy matters.

    • Foreign policy, arguably less understandable to voters, is disintegrating in front of their eyes. Benghazi is exploding all over Obama and is something he is unable to blame on someone else.

    • More people are on food stamps and welfare than ever before. People sense that Obama is not displeased with this condition.

    • Incomes are falling, and unemployment is not. College graduates cannot get jobs commensurate with their education. Despair is everywhere.

    • Net worth is falling, and prices are rising. People's standard of living has declined for four straight years.

    • Retirement is no longer an option for large segments of the population.

    (credit to Monty Pelerin at "American Thinker")

    People have been seeing, feeling, living all of these conditions for the last 4 years. They have never felt so trapped by the current economic and societal conditions of disfunction in their entire lives. They desperately want a change; one that Obama promised, yet failed colossaly to deliver upon.

    Obama is not going to win. He won't even be close to Romney after the vote is tallied. All you complacent people out there are going to be shocked. You will witness the largest defeat of a sitting president seeking re-election in over 100 years.

    Romney 58% - Obama 40%
    Nov 5, 2012. 02:15 PM | 4 Likes Like |Link to Comment
  • Clarity Coming To Markets Soon [View article]
    Obama is DEAD MEAT. You can take that to Vegas and get odds-on for Romney.
    Oct 30, 2012. 10:30 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl, I would love to see you put money on your outlandish predictions.
    Oct 26, 2012. 01:36 PM | 1 Like Like |Link to Comment
  • The Economic Perils Of The 'Do Nothing Congress' Strategy [View article]

    The day the Democrats took over was not January 22nd 2009.
    It was actually on January 3rd 2007... the day Democrats
    took control of the House of Representatives AND.. Senate,
    at the very start of the 110th Congress.

    The Democrat Party controlled a majority in both chambers
    for the first time since the end of the 103rd Congress in 1995.

    For those who are listening to the liberals propagating the
    fallacy that everything is "Bush's Fault", think about this:
    January 3rd, 2007 was the day the Democrats took over the Senate and House... so THEY now ran the Congress.

    At the time:

    The DOW Jones closed at 12,621.77
    The GDP for the previous quarter was 3.5%
    The Unemployment rate was 4.6%

    George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH.

    Remember the day... January 3rd, 2007 was the day that:

    Barney Frank took over House Financial Services Committee and
    Chris Dodd took over the Senate Banking Committee.

    The economic meltdown that happened 15 months later occurred in
    what part of the economy?


    Unemployment added to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOS!

    Bush asked Congress 17 TIMES to stop Fannie & Freddie...
    starting in 2001 because it was financially too risky for the
    US economy.

    And who took the THIRD highest pay-off from Fannie Mae AND
    Freddie Mac?

    *** OBAMA ***

    And who fought against reform of Fannie and Freddie?

    *** OBAMA and the Democrat Congress ***

    So when someone tries to blame Bush.. REMEMBER:


    Budgets do not come from the White House. They come from Congress and the party that controlled Congress since J
    anuary 2007 is...

    *** the Democrat Party ***

    Furthermore, the Democrats controlled the budget process for
    2008 & 2009 as well as 2010 & 2011.

    In that first year, they had to contend with George Bush,
    which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

    For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing "continuing resolutions" to keep government
    running until Barack Obama could take office. At that time, they
    passed a massive omnibus spending bill to complete the 2009 budgets!

    And where was Barack Obama during this time? He was a
    member of that very Congress that passed all of these massive
    spending bills, and he signed the omnibus bill as President to
    complete 2009.

    If the Democrats inherited any deficit, it was the 2007 deficit,
    the last of the Republican budgets. That deficit was the lowest
    in five years, and the fourth straight decline in deficit spending.
    After that, Democrats in Congress took control of spending, and
    that includes Barack Obama, who voted for those same budgets!

    If Obama inherited anything, he inherited it from HIMSELF. In a
    nutshell, what Obama is saying is: "I inherited a deficit that I
    voted for starting Jan. 2, 2007 and then I voted to expand that
    deficit four-fold since January 22, 2009".
    Jun 14, 2012. 03:35 AM | 3 Likes Like |Link to Comment
  • Gold, A Seismic Move Is Coming - Part II: Why Gold Prices Look Ready To Skyrocket [View article]
    No article touting the rise in the POG would be complete without a warning about how Bernanke can squash POG at any time it suits him.

    However, I otherwise agree that gold prices SHOULD be ready to explode with the pervasive bad news in other investment arenas.

    just sayin
    Jun 13, 2012. 06:43 AM | 2 Likes Like |Link to Comment
  • The Economic Perils Of The 'Do Nothing Congress' Strategy [View article]
    Great! gridlock is on until Jan 2013. That seals the fate for the Democrats. In the fast-approaching elections, I can clearly see Obama getting THRASHED by double digits and Harry Reid going to the back row in the Senate.

    I am pretty much on the sidelines until the absolutely HUGE market rally beginning the 7th of Nov, continuing through the last 7 weeks of 2012 and on into 2013 while "the economic illiterate haunting the Whitehouse"* becomes a lame duck. Economically, things will reverse for the better from Jan 2013 forward.

    *credit to Dick Armey for this great quote
    Jun 13, 2012. 04:49 AM | 3 Likes Like |Link to Comment
  • Microsoft Valuation Suggests A Reality Check With A Warning [View article]
    Their shares will languish because the guy at the wheel is a hopeless moron. How long before he retires with his millions so they can get a real CEO who knows what to do.
    Jun 13, 2012. 03:17 AM | 2 Likes Like |Link to Comment
  • The Unavoidable U.S. Reality: The Upcoming Economic Collapse [View article]
    "Both stimulus and austerity can damage the economy."

    So? we've had a three year look at what stimulus has done. Think it made things better? I didn't think so. So, come November the people will get to chose the alternative to this "economic illiterate haunting the Whitehouse". And, when (not IF) it happens, austerity will then get a chance. Sure, there will be people in our society who fall thru the dwindling safety nets. But, everyone has to deal with the pain and readjustment which is coming. Those who prepare will make it thru to a better society. Those who continue to play like the Aesop grasshopper, will find themselves in much greater pain than those who have already prepared.
    Jun 12, 2012. 08:53 PM | 3 Likes Like |Link to Comment
  • The Unavoidable U.S. Reality: The Upcoming Economic Collapse [View article]
    author sez, "... I wonder how communications will be a year or two down the road."

    very likely a year from now, there will no longer be sane communication as words will have all turned to blather.

    Though, there will be alot of violence, looting, stealing, robbing, killing, hoarding, destruction of property, infrastructure, well-laid plans as the unprepared masses try to survive.
    Jun 12, 2012. 08:33 PM | 1 Like Like |Link to Comment
  • The Unavoidable U.S. Reality: The Upcoming Economic Collapse [View article]
    BRAVO! as usual, a brilliant, blunt assessment.

    Mr Woods' tries to portray fantasy as reality and then presents his deceitful solution to the financial disaster: just pour more gasoline (money) onto the failed banker/government experiment with collapse awaiting just around the corner.
    Jun 12, 2012. 08:19 PM | 2 Likes Like |Link to Comment
  • Goldcorp's Bad Community Relations Could Sink Stock [View article]
    My immediate thoughts were exactly the same. This "retired" mutual fund trader is a likely short trying to defame Goldcorp for his benefit. Or else, he is simply an eco-stalker in disguise.

    Mr Daris, if you are not what I am calling you out as, then provide us with names, citations of the independant study & author from Guatemala.
    Apr 21, 2012. 05:26 PM | 5 Likes Like |Link to Comment
  • Total Debt Held By Central Banks Implies $1900 Gold Price [View article]
    It is all good to talk about how gold (and other PMs ) are way undervalued and that they are just waiting to break out to the upside. And I totally agree with that premise. However, nobody can say WHEN that can/will happen because, most know who is controlling the price. It sure isn't free market forces. Rather, it is some combination of the Federal Reserve, the US Treasury, the federal regulatory bodies: SEC, CFTC, and lastly, the TBTF banks, namely JPM, HSBC.

    Until congress can stop wasting time and taxpayer's money, and investigate, and bring subpoenas, and charge those responsible for the criminal obstruction and price rigging of ALL financial markets, then the POG is not going to move upwards from its current channel.
    Mar 24, 2012. 03:10 AM | 1 Like Like |Link to Comment
  • Gold Rallying In Multi-Currency Terms Means Inflation On A Global Scale [View article]
    leopard said "Gold move in tandem with CHF(swiss franc)"

    That may ONCE HAVE BEEN (past tense) the usual pattern. But times are changing. As Mohammed El Erian said recently, "We are entering into a new normal". There will likely be times in the coming years and months when major currencies are exposed to tremendous stresses (ie: selling, shunning of sovereign debt sales) because of their unbalanced national debts. This evident growing risk tends to cause investors to move to OTHER ASSETS for safety, such is now occurring with the dollar. The recent US Treasury auctions are drawing far fewer sovereign buyers than before. For that reason, the Federal Reserve is monetizing more and more of the US debt. The death spiral has begun.

    I do not imply that investors will shun the CHF. They will however, avoid the EU and dollar-denominated paper increasingly more as those governments continue to debase their currencies relentlessly. There is a much larger flow of capital in the aforementioned currencies than there is with CHF. If a larger preponderance of sovereign investors continue to shun the euro and the dollar, it naturally follows that a major percentage of that capital will come to rest in gold, silver, platinum and potentially into the CHF.
    Nov 6, 2011. 01:46 AM | Likes Like |Link to Comment
  • On The Margins: Calculating Total Unemployment Figures In October [View article]
    that is NOT TRUE. The unemployed and whatever subcategories you like to slice and dice, are very interested in unemployment. So much so that many thousands of them WHO VOTED FOR OBAMA in 2008 will most certainly NOT REPEAT THAT VOTE next year. And, I even know several who are union members working trades and teaching. They have seen unemployment firsthand and it is them or their family members. And they are tired of going to the UE office every week to face another deadend. But they sure see how Obama is playing golf and going over to the vinyard to drink wine with Martha or going to euroep and hanging out with merkozy and them and all that crap. You think all them are going to re-elect that POS Obama again??? HAH!
    Nov 6, 2011. 01:21 AM | Likes Like |Link to Comment
  • Greece, Gold And Silver [View article]
    ...particularly in the precious metals. This sector is driven almost exclusively by sentiment, fear, world events, crises, currencies, debt, wars, rather than by charts, fibos, support, resistance, waves, and the like.
    Nov 6, 2011. 01:13 AM | Likes Like |Link to Comment