Recent content by psychonin

The US actually has a trade surplus in the export of services, so there's something you do well!

Maybe removing Saddam wasn't such a good idea after all... He hated the Persians more than anyone and would probably have provided a counterweight to Iranian ambition.

I like Dimon and Blankfein. Smart guys.

The US has been on fiat pretty much since FDR made it illegal for citizens to hold gold.

It's a good bet that if you teleported 1950's America through time into the present day, those pesky 1950's Americans would probably taking all your jobs :D

I noticed that a lot of families were making their own clothes! How many families today would do that?

If this wasn't sarcasm, I'll just say - LOL :D

OP makes a good point. China has more to hide than it seems.

Buy and hold works better when you are buying into a severe market rout, like last year.

Isnt' this pretty much true of every society that has ever existed?

The economy, in real terms, has grown by a factor of more than 1000:1 since 1913. If I'm wrong someone please correct me.

Intraday price action indicates there was buying near the close? :confused:

In my (probably misguided) opinion, the US trade deficit tells me that Americans are overconsuming, rather than underproducing.

What are units of output? If you're talking about number of goods produced, while taking "final price" out of the equation, how would one arrive at a fair comparison?

It's 2:21PM, has the selloff begun?