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Rummeljordan

Rummeljordan
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  • Has CNBC Lost Its Mojo? [View article]
    " Since I also represent an important part of the investment community, my viewpoint might even count for a little more."

    Uhhhh, what? lol
    Aug 8 09:22 AM | 21 Likes Like |Link to Comment
  • New Fed Data: Economy Drowning In Federal Debt [View article]
    Once again, thank you Keynes & followers, you sure know how to get things going.

    Nothing like putting off the problems till you do not have to deal with them.

    "in the future, we are all dead"....except for the people who are still alive and have to pick up the debt burden.
    Mar 11 07:19 AM | 15 Likes Like |Link to Comment
  • Rethinking Gold Asset Allocations For 2013 [View article]
    Two things stand out

    1: "What you're likely to find is that, while eight or 10 years ago, virtually no one owned precious metals"

    Unlike you, that scares me. While some argue that "printing money" "caused inflation" which would be a reason for people to buy gold and it to go up so dramatically, that is simply wrong. There have been a myriad of article written to show that gold does not perform any better in an inflationary environment that a deflationary one. And two, any one who thinks this "printed money" (which is not even printed money) is causing inflation is out of their mind. Sure the prices of somethings have gone up, but if monetary policies are set around the CPI and you set your agenda to something else, good luck.

    2. "I think 20 percent is a good place to start"

    I think a 20% reduction in your current allocation to gold would be a good place to start. QEi^forever didn't take gold to $2,000, the gold story is done.

    Remember its gold, not Gold.

    Good luck, dude.
    Dec 27 08:34 PM | 12 Likes Like |Link to Comment
  • "[Windows 8] was very difficult to get used to," says a user who installed a preview version. "I have an 8-year-old and a 10-year-old, and they never got used to it. They were like, 'We're just going to use Mom's computer.'" Microsoft (MSFT) needs to hope such complaints, which are echoed by some reviewers, just amount to initial discomfort with a very different UI. Meanwhile, Salesforce.com CEO Marc Benioff, in typical hyperbole, is declaring the OS "the end of Windows" (for enterprises). (also: I, II[View news story]
    Maybe your 8 year old should be learning to write by hand.
    Oct 19 04:17 PM | 10 Likes Like |Link to Comment
  • A Recession Signal Flashes Red [View article]
    Yeah, the smart money is in cash. Losing 3% a year. While corporate bonds, flush with cash are paying upwards of 8%. I am yet to see a default on any of my coupon payments....
    Jul 21 08:18 AM | 9 Likes Like |Link to Comment
  • It's Official: Mr. Market Believes Apple's Growth Story Is Over [View article]
    Love it. Simple and to the point. What I'm most excited for though is all the fan boys that are going to write below me telling you that you are insane.
    Jan 25 08:11 AM | 9 Likes Like |Link to Comment
  • Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here[View news story]
    "The benefits of easing continue to outweigh the costs and risks"..... until they don't.
    Feb 26 10:07 AM | 8 Likes Like |Link to Comment
  • "[Windows 8] was very difficult to get used to," says a user who installed a preview version. "I have an 8-year-old and a 10-year-old, and they never got used to it. They were like, 'We're just going to use Mom's computer.'" Microsoft (MSFT) needs to hope such complaints, which are echoed by some reviewers, just amount to initial discomfort with a very different UI. Meanwhile, Salesforce.com CEO Marc Benioff, in typical hyperbole, is declaring the OS "the end of Windows" (for enterprises). (also: I, II[View news story]
    and yet windows is still the preferred OS for business. By more than a large margin....
    Oct 19 04:21 PM | 8 Likes Like |Link to Comment
  • June Nonfarm Payrolls: +80K vs. consensus +100K, prior +77K (revised from 69K). Unemployment rate 8.2% vs. consensus 8.2%, 8.2% previous.  [View news story]
    Why is it that every time Obama speaks my portfolio looses value along all asset classes?
    Jul 6 11:16 AM | 7 Likes Like |Link to Comment
  • The Fed considers a new "sterilized" bond purchase program, still aimed at boosting the economy, but also designed to calm inflation fears. With this plan, the Fed would still conjure up dollars to buy long-term bonds, but would then engage in a "reverse repo," borrowing back the money for short periods. And all it took was one serious down day in stocks.  [View news story]
    I wonder if they sit longer to figure out the new names of asset purchase programs rather than figure out what the implications will be?
    Mar 7 11:30 AM | 7 Likes Like |Link to Comment
  • Gold Vs. Coca-Cola [View article]
    Wow, eight years? Nothing like cherry picking some dates!
    Apr 28 09:42 AM | 6 Likes Like |Link to Comment
  • The Stock Market Rebound Is Coming [View article]
    "permabear nuts to sprinkle over the raw data"

    Classic!

    Have you ever tried a contrarian cocktail?
    Nov 15 08:17 AM | 6 Likes Like |Link to Comment
  • Is Obama Trying To Kill Dividend Investing? [View article]
    Of course we need to tax dividends more, people collecting them are typically people working who are already paying taxes to support people not working.....
    Mar 6 12:47 PM | 6 Likes Like |Link to Comment
  • Setting Up The Big Gold Short [View article]
    I can't wait to see Gold bugs coming in and bashing this. Should be some funny fan boy comments.
    Feb 29 02:14 PM | 6 Likes Like |Link to Comment
  • Capital control decree from Cyprus via WSJ: Cashing of checks is suspended and depositors will not be able to redeem time deposit accounts before maturity. Credit card transactions are capped at €5K/person/month. €3K of cash is allowed out of the country/person/trip. From the Department of You Can't Make This Stuff Up: No restrictions on making deposits or opening new accounts. The decree is valid for 7 days. Who wants the under on that one? [View news story]
    Yeah, just read your profile on gold to 5k. Good luck.

    If people are lined up at ATM's to get CASH, I am sure they don't give a rats ass about gold.
    Mar 27 11:33 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
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