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Well, I'd attribute a significant percentage of the cash for gold sales as folks on a fixed income who have been royally screwed by this ZIRP policy. How many people do you think are going broke because they cannot earn a dime in interest, all the while their cost of living is increasing...

Exactly, timing is everything. More to the point, it irks the hell out of me when media pundits congratulate themselves for having called for x, y, z rally or declines after the fact. Never a mention about the specifics of whether they were 5, 10, 15% early or late, they are never ever wrong...

This really does play right into the political playbook. It's a race to capture the largest number of both disenfranchised and unemployed individuals who are captive to the government ALONG with growing the official sector via pay raises, supplemental hiring, all the while sticking the private...

It just speaks to the fact that the tail wags the dog at this point. Rising asset prices, in an economy which has had stagnant wage growth over many years, become a de-facto stimulus for SOME consumers. So long as your average boomer's portfolio rises faster than inflation, there is little...

That presumes that he would have been a frequent or recurring guest. My guess is that he had a dislike for the network prior to appearing on the segment and just used his 2 minute allotment to take a few shots and get on with it. He also knew there was nowhere near enough time to actually...

Actually, parts of 2008 and early 2009 were a blueprint for how that sort of thing unfolds. The volatility is cranked way up and the highs of previous sessions are almost always penetrated before the market would sell off violently in the final hour. So basically, short and hold was a near...

To me, it's a no brainer that this has been fueling consumer spending in a large way. Let's face it, it's largely the middle class that binges on many of these consumer items and I'd venture to guess that as a percentage they represent the largest swath of the strategic default class. The...

You don't get it. That's what all the "complex machinations" are purposely designed to AVOID. This inflate at all costs motto is designed to avoid the realities of true value in the marketplace. Don't get me wrong, I despise this crap just as much as anyone, but I think it's pretty clear why...

Exactly...Which is why I can't stand the nonstop idiocy about "how can we cut spending on education?". Very few people notice how much "skimming off the top" occurs by the administrators milking that cow dry.

One other thing to mention is that many, many theatres have very few patrons. I read all the complaints on this thread and I seriously can't relate to alot of it. Movie theatres have been dying a slow death for probably the past 20 years and only on occasion will you ever find a capacity crowd...

If anything, all that I've noticed over the past 5 years are ticket prices going down. I've been paying $5 for any movies I've gone to over the past few years and that's about what I paid 15 years ago. The truth is the $10 tickets are found at a couple of large chain theatres and I simply...

Yes, it's pretty damn obvious that this is the plan. After all, those most adversely affected by the insidious effects of endless stimulus, bailouts and currency debasement have literally no voice aside from the ever marginalized Ron Paul.

And don't forget that the cash low for the SPX last March was 666 as well.

From what I have seen thus far, there is quite a bit of inflation in the system regardless of what we've heard thus far. I know that it becomes a political game to define inflation. For instance, when asset prices such as homes tripled in 5-6 years, that was seen as a positive, while for thus...

No, only inflation GREATER than the previous inflation will allow us to pay back our debts. Any idea how much inflation we would need exactly to begin to approach that? And in the process how many individuals would be completely bankrupted by a system that is hell bent on its ZIRP...

Personally, I think the Olympics carried more weight in the pre-cable tv era. Back in those days with the 3 major networks, nobody had a steady diet of sports 24 hours a day/7 days a week. ESPN basically changed things forever. Nowadays, it's such a fragmented sports market between all...

And the re-adjustment will be even more severe. Cash for clunkers was the test run for this kind of interference. As such, nobody can value anything 6 months into the future as the government decides the winners and losers thru their alphabet soup of federal stimulus programs.

It has a Forrest Gump/Yogi Berra vibe to it, but it's essentially true and I hate it. As James Vu used to say "inflate or die". Keep spending and HOPE for inflation greater than previous inflation to keep our ponzi system running for another week, month, year.

Probably is the same question...The fundamental question I have regarding the ever increasing premiums is simple. Has the insurance agency essentially reached the point where the demographics of this country (i.e. the largest segment of the population) is approaching the highest amount of...

It seems to me that this entire charade is geared specifically towards keeping the churn of high realtor commissions along with mortgage brokerage fees going indefinitely. I think that even the biggest skeptics underestimated just how dependent our entire economy is on all of the peripheral...