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  • Questioning the Current Outlook for Gold, the Dollar and U.S. Markets
    A litany of "What if's"
    The only valid "what if" is Hank and Ben fiddle, fuddle and manipulate as long as possible and beyond to avoid calamity, pre- election. Thereby just digging a deeper hole of denial that will take a looong period of fiscal restraint to climb out of.
    "If" you don't think Politicians have the will power---buy gold!
    Aug 18 13:53 pm |Rating: 0 0 |Link to Comment |View article
  • The Euro's Long Run Is Finally Over
    If you have a dozen fish and a fish-box-(ice cooler) that holds 10 you can be "fair" or smart.

    If your fish --the dollar--is starting to stink you and rotate it into the box and take out the Euro fish which will then start to stink while your $ fish smells a little better.

    This may have the appearance of fair management but your fish $-is just as rotten as it ever was and when you get to the dock none will be edible. Will you be better off being in the company of equal fools/losers cause they tried to help you??

    You should have gone home with ten fish and asked the others for a small piece of their price. Just cause the Euro fish is starting to smell doesn't mean the dollar fish is any "Less" rotten.
    Aug 16 11:47 am |Rating: 0 0 |Link to Comment |View article
  • Is This a Recession? Wrong Question.
    In the "Brilliant Idea" category: Since our whole economy is Consumer based. And since the American consumer has no savings, and even worse is deeply in debt-(supporting this economy)- -becoming unemployed, and loosing his home. In other words couldn't buy if he wanted to.

    Lets simply crank up the presses any mail everybody "money from Heaven"!! Do you suppose we can just do that forever???

    Do you suppose big Hank would approve?? I think I'll tell him!!
    An idea worthy of Bankers Row where credit makes all dreams come true.
    Aug 04 11:50 am |Rating: 0 0 |Link to Comment |View article
  • The U.S. Dollar: A New Accord
    A higher rate: Just what our Robust economy needs.

    Housing, banking, exports everyone is clambering for a rate increase so they can leave on vacation just like Congress. Something will collapse all right but it won't be oil.

    At this late date I really would wonder if Beneficent Benny would start unwinding all his recent brilliant moves to save his Banker Buddies---But---wait a minute---He's reaching for one of the heavy darts!!!. Get out the Survival Gear!!, I fear another Benny Bullseye!!
    Aug 04 11:03 am |Rating: 0 0 |Link to Comment |View article
  • Jeremy Grantham: Global Incompetence Is 'Officially' Scary
    Jib: That's where we--the electorate--enter the picture.
    When faced with a choice of dinner or feel-good speeches even the illiterate masses of America will vote.

    And; They may even learn to discern between the hard choice of truth--Ron Paul-who under the present game plan is sidelined to obscurity and the Obamanable song and dance man that so captivates them today.

    Maybe a little --hunger, the great motivator--will work.
    Aug 01 13:19 pm |Rating: 0 0 |Link to Comment |View article
  • Jeremy Grantham: Global Incompetence Is 'Officially' Scary
    The bottom of this financial meltdown may just open a window of opportunity, though it will bring no joy to the afflicted.

    If we're willing to clench our teeth, close our eyes and undergo the ritual and pain of catharsis. There will be no better opportunity to cast out the profiteering, non accountable Pseudo economists composing the Federal Reserve.

    Return the responsibility and accountability to our elected officials which they have cravenly abdicated. And adopt a monetary policy as it was meant to be from the beginning.

    Return our currency to a "Gold Standard" or other such backing which will remove the ability of the larcenous, the incompetents and the political opportunists from plundering the economy of an otherwise healthy state.

    And thereby remove all reason, and possibility of a repeat of our present economic abomination.
    Aug 01 10:53 am |Rating: 0 0 |Link to Comment |View article
  • Predatory Banking Practices Undermining the U.S. Consumer
    Any Bank that will not afford me "No bounce" overdraft protection at a reasonable interest rate I simply won't do business with since if there is evidence of predation in one area, you know you're dealing with a wolf.

    Overdraft protection is a short term loan which covers all checks written above your present balance until the next deposit covers them. Not for free!-you pay a prevailing interest rate on which the Bank makes a profit--just not a predatory--"Thiev... profit.

    To most problems there is a simple answer. But they will not offer the option least in their interest--you must ask.
    Jul 28 14:28 pm |Rating: 0 0 |Link to Comment |View article
  • The Top 5 Looming Financial Issues
    Tex-Fore!: Pretty much right-on;
    I can name one (elected congressman) who told them the truth and Not-what they wanted to hear--as a Presidential candidate.

    Recognized for his insight loved for his "Truth" none the less raised 0-$$-and faded into the twilight, unremembered for his proclamations, which are now coming to pass.
    His name??--Ron Paul
    Jul 27 13:51 pm |Rating: 0 0 |Link to Comment |View article
  • The Top 5 Looming Financial Issues
    "The Top 5 Financial Issues for the Coming Decades"
    1. The price and ability to feed yourself and your family-(food).
    2. The price of available housing, with appurtenant expenses, taxes etc
    3. Cost of raising a family, clothes, education, marginal living expenses.
    4. Cost and ability to provide for old age and health expenses.
    5. Ability to find a job with an adequate wage to accomplish the above.
    Don't need 4 pages to answer that question.
    Jul 27 11:59 am |Rating: 0 0 |Link to Comment |View article
  • A Fed Rate Hike Won't Solve the Current Crisis
    If inflation is beneficial Zimbabwe should be a garden spot of prosperity, in the midst of a housing boom, instead of starving to death.
    It's a shame the citizens of same are 90% illiterate and can't read this article.

    If D. White had done his homework and read--(or listened) to T.B. Pick's plan he would not have criticized it for using nat gas when it is "tight"--he would have noticed the nat gas being used for auto fuel was FIRST being freed up by using wind generation to produce electricity.

    The Pick is a known success story/quantity who puts his -ample-money where his mouth is, and I'll listen to him any day over a Politician who puts his mouth where my money was.

    I've learned more from Sponge Bob than jimmy Carter,--30 years ago--showing us how to deal with energy shortages! and every politician since--in whose capable hands--we left the problem.
    Jul 25 15:51 pm |Rating: 0 0 |Link to Comment |View article
  • 10 Winning Stock Themes in an Obama Administration
    Short and sweet: You'd be better off going back to Alchemy than trying to profit investing under Obama.

    Listen closely between the lines; This guy is very articulate but Socialist to the core.

    Last time I looked they weren't selling shares, but the fastest growing business under Socialism, is Soup Kitchens & Shelters. And I'm not talking bomb shelters; But after his "talks" with those nice folks in Iran we'll need those too.
    Jul 12 16:26 pm |Rating: 0 0 |Link to Comment |View article
  • Oil, Gold and the Holy Dow
    This thing has given me the biggest chuckle of the day--thanks guys.
    Much better than CNBC where everyone is learning "Hucksterism 101"

    No-one noticed??? It did "trickle down" ---To China; In return for lead painted toys, poison cat food and drug ingredients that kill.
    And for that we get to pay 20% on our Credit Cards!!
    Now the poor banks are crying for some -(more tax-money)-bailout bucks!! I'd rather see those bums-- (who are suffering with their own self made toilet paper)--In-Jail, rather than-In-Tact, with their ill gotten gains.
    That'll just bring the Helicopter with more Zimbabwe Zeros that hurt everyone. Ben is going to fix our economy!--sure!!--he cares about, recession, inflation, unemployment, and the economy---SURE!!!
    My friends, It's Bankers--Helping --Bankers!!. And if you don't believe me, just ask Paulson---remember what pot his roots are in!
    Jul 11 14:54 pm |Rating: 0 0 |Link to Comment |View article
  • Oil, Gold and the Holy Dow
    Stock-: Today we add the catalyst of the housing bubble with it's attendant leveraging, derivatives, CDO's and other still secret monsters that have made yesterdays Billions into the "Unsupportable&qu... Trillions of today. Even if we drill and lower the price of oil, another 100 million Asians will buy scooters and use the difference--we won't get lower prices at U.S. pumps.
    Freddie-Fannie and a host of CDO's and credit card debt, coupled with no savings and negative balance of trade was not there in the past to bring down the Sky as it is now.

    But not to worry: Our Neros will talk it to death till tomorrow when it will be just about time to tune up the Fiddles.
    Between the lines of Obama speak -if you pay attention--you will hear the ominous sounds of a great, Pie-In-The-Sky Socialist experiment!!
    Jul 11 12:34 pm |Rating: 0 0 |Link to Comment |View article
  • Oil, Gold and the Holy Dow
    History does not apply to todays lesson for a couple of reasons.
    1. Huge unprecedented amounts of fiat, printed dollars, have entered the liquidity pool and have depreciated the dollar to extents not even realized yet. Even with higher interest rates this weakness will manifest itself and the economy with inflation will suffer.
    2.Oil has peaked and the Grasshopper played. Now we are totally unprepared for an ongoing accelerating Global oil shortage and this will also serve to drag all the World under.
    Tough times ahead and no easy Rx.
    Jul 11 09:58 am |Rating: 0 0 |Link to Comment |View article
  • 10 Signs of a Recession
    Read an article about imminent recession---then read comments about oil???
    It's not just oil--It's a nation of consumers over-extended on easy credit, debt over their heads, and inflation pushing them under.
    Even gas at $2.00=50%=1/2 won't save them--or the banks!!
    Back on topic: Pretty good article on recognizable markers on the way to recession. We're 3/4 way down the mountain and the brakes -(more fiat liquidity)-ain't working!!
    Go vote for Obama if you think higher taxes is the Rx for recession!!
    Jul 07 14:55 pm |Rating: 0 0 |Link to Comment |View article

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