mr.g

Total Rating:
+6 / -3

101 Comments

    • Fri Nov 14th 08:48 AM | Rating: 0 0
      Commented on:
      The Stock Market Is Not the U.S. Economy
      You are right the economy and wall street has been 2 different things for years - the 2 are like comparing apples to oranges - Prudentinvestor makes a great point and I think these two worlds are now colliding as the bubble on wall street collapses(things really werent that great for the market to have been as high as it was for so long ) -now that wall street is aware of that things arent that great I expect it will get much worse for both -
      as for the world economy it doesnt seem to have a heartbeat and has literally flatlined if you look at the baltic dry index which has dropped close to 0 and now is just a steady line
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    • Thu Nov 13th 13:00 PM | Rating: +2 0
      Commented on:
      Gold Bugs Beware
      Adam -
      lets say in march 08 I bought all of my gold at 1000/ounce without dollar cost averaging - with that one ounce at the time(march 08) I could trade it in for 364 gallons of unleaded gasoline(gas was 2.75/ gal nymex mar 08)- Today I could sell the same ounce at $720.00 and buy 497.55 gallons at 1.45 a gallon.you get pretty much the same result across the board -wheat -oil- nat gas-copper -silver- Thats value in a deflationary situation
      my point being price doesnt matter to a gold bug as much as him maintaining his purchasing power - is he upset prices arent acting better in the current situation ? absolutely , but the preservation of purchasing power outweighs it and risk is at a minimum (if no leverage)- the strong dollar- yen could turn in 24 hours or 10 weeks but it will happen very quickly who wants that risk?


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    • Thu Nov 13th 09:05 AM | Rating: +1 -1
      Commented on:
      Gold Bugs Beware
      Your analysis is great -except for one thing. You dont take into account the goldbug(just as many permabears in equity markets think the dow should be at much much lower levels fundamentally speaking but fail to take bulls into account) -The goldbugs are true bulls -many are dollar cost averaging and the price whether up or down, it signals buy -buy- buy . I think you may ruffle some of their feathers with this article-being they are goldbugs - The spread between physical prices and paper is where you will here it most
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    • Wed Nov 12th 12:09 PM | Rating: 0 0
      Commented on:
      The Most Misunderstood Chart of All Time
      wow - the comments pretty much say it all - and I agree with 99% of them
      although Weiss is a permabear and usually gets his but kicked by a rebounding stock market -I cant help but think he may be right this time -

      I read a saying the other day it said "bulls never look at history or completely disregard it saying the worst could never happen ..." ( I added this part)
      "...and bears disregard bulls in their fundamental analysis" That is why things are never as bad as they fundamentally should be
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    • Tue Nov 11th 14:59 PM | Rating: 0 0
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      your article -is a joke all union contracts are negotiated with management who decide what to pay benefits holidays etc - also seems like US car industry is way behind in the product developement curve ( I mean even 10 year olds 20 years ago knew about peak oil and greenhouse gases ) - this is bad management for the last 30+ years (obviously the industry learned nothing from the 70's ) -How about bailout labor and all white collar jobs go to honda -toyota or any other on top of their game car manufacturer
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    • Tue Nov 11th 13:48 PM | Rating: +2 -1
      Commented on:
      Obama's Green Obsession: More Harm Than Good?
      Denmark is one country from whose energy mistakes have been ignored. It allowed itself to be conned by green fanatics in to diverting masses of scarce capital into building wind farms, much to the disgust of real scientists and engineers. The country is now in the ridiculous situation where its theoretical generating capacity is three times that of peak demand.

      am I mistaken or does this excerpt from your article show that denmark is energy sufficient times 3 - if so what is the problem with a country who has more energy resources than it needs?-am I reading this wrong
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    • Tue Nov 11th 12:26 PM | Rating: +1 0
      Commented on:
      The Fed Money Machine Gears Up to Print Trillions
      "it is a matter of when not if " - how can you default on money which isnt backed by anything? -it is created through thin air and all debts could be paid back tomorrow theoretically - The real question is when does a dollar become worthless ? When the debt is monetized not carried over to new debt seems to be the answer or when no one is willing to buy anymore debt to justify printing more of it .
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    • Thu Nov 6th 11:59 AM | Rating: 0 -1
      Commented on:
      A Capitalist Reformation
      healthcare = extortion today. The prices will be forced down it should definitely not be a growth industry with the exception that there are more old people than young-

      I always thought of the banks as the "house". I never thought they were stupid enough to actually be companies with gambling problems .The only sure thing is death and taxes and banks have definitely not been paying taxes over the last 20 years .

      Automakers should have been looking into the future not into how to cut costs and quality while lining their executives pockets -

      as for a reformation it will never take place as long as lobbyists and corporatists calling themselves democrats and republicans roam the halls of washington. Corporatism is what has caused all of this and it is now blatantly apparent it will continue until it breaks the bank (US govt) which is funded by its shareholders the taxpayers ..
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    • Fri Oct 17th 14:42 PM | Rating: 0 0
      Commented on:
      Will We Know When We've Made a Low?
      that would be a buy and hold strategy - and a very large bottle of pepto
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    • Fri Oct 17th 14:40 PM | Rating: 0 0
      Commented on:
      Will We Know When We've Made a Low?
      so 2 months from oct 14-
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    • Fri Oct 17th 14:22 PM | Rating: 0 0
      Commented on:
      Will We Know When We've Made a Low?
      does it matter if you catch the bottom looking at the charts? No . Everybody thinks this market has 1 or 2 more tanking sessions in it before we hit bottom - the govt bailouts havent been tested yet -in other words nothing has happened where anything they have done is going to work - this may sound crazy but you need a big bearish event here and the financials are left standing -that I think will instill confidence in the market -other than that a long bumpy volatile ride -
      but if you look at your charts if you were to invest exactly 2 months after the initial extremly large move down - you would always catch the wave up
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    • Fri Oct 17th 09:24 AM | Rating: 0 0
      Commented on:
      Have Investors Reached the Point of Maximum Pessimism?
      agree with user143167

      people are optimistic -in the current situation - a must read cut and paste into your browser

      seekingalpha.com/artic...

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    • Fri Oct 17th 09:18 AM | Rating: 0 0
      Commented on:
      Financials: Is Fiscal Prudence Too Much to Ask For?
      does it even matter these companies are worthless -

      seekingalpha.com/artic...

      cut and paste the above into your web browsing bar a very good article
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    • Fri Oct 17th 09:11 AM | Rating: 0 0
      Commented on:
      Coming Soon: The $600 Trillion Derivatives Emergency Meeting
      after reading my comment I forgot to proofread, spellcheck, cross my t's and dot my i's - sorry to those who care
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    • Fri Oct 17th 09:05 AM | Rating: 0 0
      Commented on:
      Coming Soon: The $600 Trillion Derivatives Emergency Meeting
      nobody talks about it - I mean nobody -is it denial that it exists ? does it exist ? the only people who talk about it seem like gold bugs or silver bugs-

      If this is the case why is there even a stock market trading - If these debt dollars or whatever debt currency come into existence are they blackholes which will suck every dollar printed or on a computer into it ?
      these derivatives sound stranger then quantum physics or string theory -

      when one explodes will the fed just state it doesnt matter the dollar is just a piece of paper - he will type the number in the computer (if it fits ) with a plus sign in front and press send - Then say see how easy that was to fix - because he presses send -your house will then be worth an easy 100 million dollars -

      so the way I see it is look on the bright side you will soon be as rich as warren buffet is today -

      the only way to deal with this at this point is with a sense of humor otherwise it hurts to much
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