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As countercountertrend points out, the question is whether or not you learned to trade. From the statistical point of view, the question is how many trading decisions you made in those last two years. If the profits are the result of a couple of lucky guesses you really haven't shown that you...

Sig is right. And besides that, the amount of gold already owned (and used as a store of value) is so large compared to the amount dug up per year that changes to the profitability of mining operations has no immediate effect on the price of gold, at least so far. If someone figures out how to...

(1) Germany hyperinflated as a protest against the treaty of Versailles. (2) The US dollar is the world reserve currency. The same was never true of the Mark. (3) Hyperinflation is not the same as inflation, LOL. In fact, US inflation right now is quite low; you're arguing for a policy that does...

I can't disagree. For a long time there were popular writers who sold a lot of books on the subject of self improvement through hard work.

Whites aren't violent right now but it's definitely in their genetics. The early country had huge numbers of homicides from dueling. They got drunk and stabbed one another with the 3 foot-long razor blades (swords) they carried around. US mining towns were famous for white on white violence (not...

My gold mining buddy spends a lot of time talking about the price of diesel. I'm guessing that's his major variable expense.

"It was over a 30 or so trades losing 20 trades at 2 percent each and winning 10 at 1-2 percent each. Usually my win rate is much higher" This is from earlier in the thread. It seems to me that this is not a sign of bad trading at all. What I recall from my reading is that traders should limit...

I think all (US) traders should be putting money into retirement accounts. Since these are generally cash accounts, your minimum realistic holding time is going to be around 4 days or so. And so running your IRA should eventually give them practice.

From the article: “A rate that is too low, or a rate that many of us have never experienced, is so extraordinary that it doesn’t create any stability or faith in the future at all,” he said. “Rather the opposite: one feels insecure and waits with expansion plans and to hire more people.” This...

My usual guess for this sort of thing is too much recreational drugs. But health isn't guaranteed no matter how you live your life.

What with riots / Obama disappointment and Hillary getting into trouble, the Republicans are probably going to take the executive branch in 2016. Doesn't matter if it's science or not. They'll defund climate science and it will go away. Look at what happened in Australia.

The political message to NASA couldn't be clearer. Stop the political science or lose your funding.

It's difficult for me to tell if you're ignorant or just argumentative; you're ignoring the economic facts or nit picking. The Fed QE operations are in the trillions of dollars. The primary dealers are just intermediaries. So you agree with me. Bubbles have been present in every capitalist...

So I dropped by Taco Bell to have a quick meal but there was no parking so I went to McDonalds. They were doing okay business. I had the Big Mac meal plus a Fish Filet sandwich and three chocolate chip coookies. Compared to Taco Bell, MCD is amazingly fast. I had barely handed my money over and...

Reply continued... I believe this is true but it's not at all a problem. Part of the reason it's done is that dividends are double taxed. But in any case, this is part of the Fed intention; they're pumping money into the economy. And when those shares get bought back, money gets stuck in...

Oh it was obvious from your posts that you're entirely ineducable. All I will do is give simple answers that other people can understand but you, the genius who goes up against 27 central banks, you I will simply mock. You really shouldn't be ashamed that you don't understand how money is...

Okay so you clearly don't understand anything about how the economy works and probably can't be taught anything about it. I'll put an explanation for the benefit of someone else who happens on this thread. Suppose that Alice owns a 30-year treasury bond. This is an "investment"; it goes up and...

I think that their crap has probably depressed the stocks of some fossil fuel companies and they are rather attractive right now.

Eating at Shake Shack, or putting on a position on them, but as far as analyzing how expensive it is, I think you need to look at how big they're likely to grow and how much capital that will require. Is their market cap a substantial percentage of the long established burger stocks like...

I agree with piezoe and want to stress that it's not just a supply hangover. The underlying problem is fear among the wealthy. This has caused a collapse in the velocity of money. See St. Louis Fed papers and charts on the subject here: https://research.stlouisfed.org/fred2/categories/32242...