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    • Wed Apr 2nd 07:52 AM
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      The Myth of Gold as an Inflation Hedge
      Here here Gigem77. I bought the drug companies after the run up and watched them go sideways for years. The answer is to buy low and sell high. I bought my gold while it was low and have sold some as a hedge but believe there is another third upward at least for the rest of my investment.
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    • Wed Apr 2nd 07:44 AM
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      Gold Bubble May Be Coming to an End
      You must be a republican. Tell them what you want them to believe and then everyone act like its true. Core inflation has remained historically low. Dah! Core inflation is what Bill Clinton did to save social security. No one lives in the core. Everyone with a motor vehicle is seeing inflation higher than ever before in history, now thats a bubble for you. Food prices are rising so fast they aren't putting price stickers on it just bar code so they can raise them several times a day. The new higher cable bill just arrived. My house assessment for tax purposes just reached a number that the market won't support for the 1st time ever. My state legislature just raised taxes higher than ever before. Yesterday the teachers worked to contract in a protest over no raise. Yesterday truckers all over the country parked in protest of the higher fuel costs that make it impossible for them to earn a living. For my money I'd rather hold gold in a bubble than the US dollar that has free fallen in a black hole (I guess thats the opposite of bubble).
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    • Fri Mar 14th 07:55 AM
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      streetTRACKS Gold Fund to Cross-List in Asia
      The dollar is falling like a lead baloon. T-bills refuse to pay a decent rate of return as do the banks. Thanks to the sub prime lenders there is no longer a trusted rating system. Helicopter Ben is throwing gasoline on the fire by printing worthless money. All of the idiots with charts with lines on them and triangles and price supports are too stupid to realize that this situation has never happened before so there are no charts to propperly reflect it. Gold has always been and will continue to be safe haven money for when everything else is tumbling.
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    • Fri Mar 7th 10:51 AM
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      Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit
      I agree with most of the above. As to TonyC's indication of baby boomers retiring I would like to add some points of view. I think his 1/3 takers will not be that high with runaway inflation an early retirement is tough to make work. Also, thanks to Clinton the way the government calculates inflation for Social Security COLA's is 1/3 or actual inflation thus burning the old folks who need this fixed income to live on. I believe the current economic policy is the final leg of the conspiracy to disolve the sovereignity of the United States and form the North American Union on way to the One World Government. Lay offs have just begun and already we have teachers and air traffic controlers arguing for raises to help offset this rediculous inflation. The next phase will be extended stagflation with demand to extend unemployment benefits. The way I see it either Clinton or McCain will continue the march towards the one world goal. I believe they are covering their bases by goading O'bama into takin Clinton as a VP as an insurance policy. I truly believe if he takes Clinton as his VP he will be signing his own death warrant.
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    • Mon Mar 3rd 09:03 AM
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      Commodities Gone Wild
      Its hard to imagine the best spin doctors of all time are missing their opportunity to sell treasuries. Here's the spiel:

      Inflation is 12% so when you invest in our treasuries you are actually getting 13.65%, the 12 you are no longer losing plus the bonus 1.65 we are paying.

      Never mind, I'll stick with Gold
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    • Mon Mar 3rd 08:56 AM
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      5 Reasons to Save the Greenback
      I thought letting the dollar fall was the solution? With no controls on our borders our total population has made it hard for us to produce enough food to feed everyone so we have to import stuff we used to export. The inbalance in trade was impossible to curb without balancing our budget something the Bush administration demonstrated no desire to do. As long as Benacke's solution to our problems is to throw fuel on the fire (handing out free money thus piling on the runnaway debt) and to artificially keep interest rates low. The only solution is to print dollars and take your medicine as the chips fall.
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    • Mon Feb 25th 10:18 AM
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      Why I'm Not Worried About the Market
      This would have been the perfect scheme (your novel) except the target wasn't the richest of the rich. From what I've read the hardest hit was the NY teachers pension fund. I was thinking similar to you but my reasoning was the very riche were becoming bothered by the nouveau rich usurping their playgrounds. Do you know what its like telling a bourgeois that you can't get him a super bowl ticket at any price? The way I'm seeing this is the upper middle class is taking the hit on this one. I'm kicking myself in the ass for buying a house I could afford when all I had to do was buy my mansion and let the government bail me out.
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