Search results

Unfortunately, how the Fed prints money doesn't work like that or we'd have never had a national debt in the first place.

Jeep sucked before Chrysler bought them. After that, totally different. I had a '90 Cherokee that was rock-solid except for one extremely cold, -20, morning when I didn't let it warm enough and cracked the slave cylinder on the clutch. Other than that, 10 years, 150K miles until I traded...

DBO holds crude futures contracts. http://www.dbfunds.db.com/dbo/index.aspx

You're right, does this make you feel better? GM first to a million in China http://www.auto123.com/en/news/car-news/gm-first-to-a-million-in-china?artid=93102 Or, this? WORLD MOTOR VEHICLE PRODUCTION Rank GROUP Total 1 GM 9,349,818 2 Toyota 8,534,690 3 VOLKSWAGEN 6,267,891 4...

Yep, the carry vs. operating costs chart shows that buying it once it's 2 years old and keeping it for no more than 3 is the lowest TCO you're going to get.

F-Series Celebrates 25th Anniversary As America's Best-Selling Truck "Ford F-Series is celebrating its 25th anniversary as America's best-selling truck, and its 20th anniversary as America's best-selling vehicle – car or truck." http://www.pickuptrucks.com/html/news/ford25.html

Interesting article on car ownership costs. http://www.consumerreports.org/cro/cars/pricing/what-that-car-really-costs-to-own-4-08/overview/what-that-car-really-costs-to-own-ov.htm

Yeah, that new car smell is pretty expensive. And, quite possibly, hazardous to your health too: http://www.csiro.au/files/mediaRelease/mr2001/newcars.htm

Seriously, stock_trad3r is a friggin' savant, so long as you take the other side of his calls.

Your first post mentioned a 3-5 year horizon. So, I assume you mean that you're going to establish your position over the next 3-12 months, correct? If that's so then the liquidity of all of them are sufficient. My question has more to due with the performance of each relative to crude...

Getting rid of one set of wolves would only open the door to another set. That aside, instead of trying to solve the entire problem at once, just focus on a single market, like gold. The price of gold is fixed twice a day over the phone -- OVER THE PHONE!!! Don't you think they'd have...

Why USO over OIL, DBO, DIG or even a basket of them?

Well, I agree that today's financial system became garbage the instant Nixon took us off the gold standard. The idea of a reserve currency not being anchored to a fixed unit of something is ridiculous. Also agree with a return to a 70's-style stagflation. But, I think getting there would...

Sure, they can control the money supply, but that's only one half of the monetary deflation equation. The other half is credit. On that side they can only control the interest rate, but they can't force lenders and borrowers to enter into agreements based on that rate. And, they certainly...

You expect a collapse of $400T in derivatives? My understanding is that the notional value of all derivatives is around $650T and that 66% of them are interest rate swaps. The only derivatives that I'm aware of that are a problem are credit default swaps, as we saw with Lehman Brothers...

Up until that time anyone could walk into a bank and demand gold in exchange for paper money. People saw what was going on and were pulling gold out in droves, hoarding it. Worse, it was also happening internationally, but Roosevelt couldn't stop them from demanding gold for their dollars...

You keep saying that, how about something to back it up? While you're at it you might want to check into the Agricultural Adjustment Act that Roosevelt passed in '33...

Precious metals? No, only gold was confiscated because of Roosevelt's order. Silver was still out there. Except for pennies and nickels, all coin was 90% silver until '64 except for Kennedy half dollars, which were reduced to 40% silver until '70. Little chance/motivation to do the same...

Sorry. I assumed you had the intellectual capacity to comprehend what the food produced by a nationalized food industry would "cost" to it's citizens... Unfortunately, history shows that large numbers of farms during the Depression went bankrupt. The reason? Currency deflation. The...

How much food does that 2% produce today compared to the 30% who farmed in '20? More importantly, how much of that food does the U.S. export today compared to back then? Find that out, connect the dots and you'll realize that the U.S. has the ultimate hole card left to play. IMHO, we...