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Covingtonium

Covingtonium
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  • A Little Known Hero Bringing Shareholder Value And Bettering The World [View article]
    What do you mean?
    Jun 17 12:23 AM | Likes Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    Energy revolution? Fracking is not new, neither is horizontal drilling. It probably won't last more than a few years. My family is in the oil business. The only potential "energy" revolutions are conventional fusion, cold fusion, or a drastic increase in the efficiency of solar panels or batteries.
    Jun 13 09:19 AM | 7 Likes Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    Actually, Peter mentions all the time that he wants the free market to set interest rates.
    Jun 13 09:07 AM | 5 Likes Like |Link to Comment
  • Gold: Time To Short [View article]
    What about all the resources that were, and still are, being put to use to design, transport, construct, power, and maintain all of the empty residential real estate in the US, in addition to all of the other malinvestments that occurred, and are still occurring, due to false demand created by central banks around the world?
    Jun 12 01:38 PM | 1 Like Like |Link to Comment
  • Gold: Time To Short [View article]
    Actually, football is very exciting. Baseball is very boring. Buy physical.
    Jun 12 01:35 PM | 1 Like Like |Link to Comment
  • Gold: Time To Short [View article]
    Or in electrical circuitry. Or as a heat shield for spacecraft.
    Jun 12 01:18 PM | Likes Like |Link to Comment
  • Gold: Time To Short [View article]
    I dunno, what's the job?
    Jun 12 01:17 PM | 1 Like Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    Equities are down? What? Maybe over the last two weeks, but since 2009? Since 1980? Wth?
    Jun 11 01:19 PM | 3 Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    "The author hit the nail with his head?" LOL.
    Jun 11 01:15 PM | 7 Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    Wasn't the budget surplus actually a very small deficit? I'm pretty sure it was simply a very small deficit, around $18 billion. Also, I think the upward trajectory of the economy during the Clinton years was due to the tech revolution, not because of the administration.
    Jun 11 01:14 PM | 4 Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    Why would they go to Somalia? Just because it's free does not mean there is significant demand there for goods and services. The moon is totally free. You won't sell anything there though.
    Jun 11 01:10 PM | 1 Like Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    In case you didn't realize, people get paid at a price they agree with, always. If they don't like their wage or salary, they can attempt to renegotiate, or quit. Always.
    Jun 11 01:05 PM | 3 Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    If anything, wouldn't Gross be a perma-bull, based on all of his years of investing?
    Jun 11 01:02 PM | Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    I belive the economy is in trouble because people are NOT GREEDY ENOUGH. If we were all smart, and greedy as we should be, we would not allow major governments to tax our labor and defer enormous taxes on our children and our children's children for many years into the future, all for short term gains to people in control.
    Jun 11 01:01 PM | 7 Likes Like |Link to Comment
  • Bill Gross's Dreadful Analysis Of The U.S. Economy's 'Wounded Heart' [View article]
    "Indeed, it is becoming increasingly likely that the effects of easy-money central bank policies have gone too far and that risk assets have become mispriced (i.e. too cheap) due to the excess demand created by excess liquidity and zero-bound short-term interest rates. "

    Did you mean too expensive?
    Jun 11 12:49 PM | Likes Like |Link to Comment
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230 Comments
184 Likes