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:chuckle: That's a nice sentiment, but not for the reason you think. Before you pat yourself on the back, consider this. The reds will have plenty of opportunity to explain to their grandkids why they were seduced by bush et al. Because they include plenty of christian right wing...

Oh, you're thinking of the good old days... when men were men, women were men, and sheep ran scared. Trading the crosses was fun because of the stability due to the ECU/EMU and the bands that existed. You could actually take on fairly large positions in those european currencies without too...

That's why I said it was optimistic.... I'll probably buy more at $510 as I might not be able to be quick enough at $490 - that should be a very quick bounce.

I think you are getting at gold lease rates, which equal the intrinsic interest rate of gold minus the cost of money (usually 30d Treasuries). Currently, 30 day gold lease rates are in contango and equal to .096% APR for 30 days. So, if you have an ounce of gold at $550, and 'loan' that...

Remeber, Francis was a signor of the PNAC (project for a new american century).... the neoconservative manifesto... he may now be trying to distance himself from it. The main failure was the assumption that democracies would be a good thing, not that people would use a democracy to vote in...

I'd love it back down by $460 again. How optimistic is that?

Agree with you. I find it a lot easier to predict the short end than the long end however. I'm playing this one from the short end right now with floating rate instruments. Once the rate hikes slow, I'll go long short & ultrashort bonds and start to think about shorting the long bond again...

After some heavy reading and consideration of the matter, I am less angry about the massive budget spending over the last few years than I once was. I am currently of the opinion that strong deflationary influences in the global economy exist due to overwhelming demographic effects in the...

Dude, you are waaaay more aggressive than I. I love gold, don't get me wrong, I just can't see why the CB's won't punish it in the future during any extensive run up. Why be long now what you will probably get for cheaper later?

I concur with you, and current USD/JPY at 118 or so is helping matters. I've added to my Japan position recently and will add more if it goes to 15000. My time frame is 2-4 years.

The difference however is that RE is a significantly less liquid market than the stock market, where you can usually find a buyer at *some* price, whereas in RE you may not be able to find a buyer at *any* price (hyperbole, but at least at any price that you would be willing to sell at). It...

Was thinking about buying some at 3-4 until I came to my senses. With current information PXT does not appear viable. Wouldn't touch this with a 10 foot pole unless you are prepared to throw $$ away.

If this is the bob campbell who wrote "Timing the real estate market" you should listen to him. He knows what he is talking about. Great book, bob.

There will be local drops of 5-30% (I think we are seeing early effects of some of those now) and then housing will stagnate for a protracted period of time as the market readjusts to current excesses. I think that in a few years, when the shakeout has occured, is your best bet to go long again...

Amen to that. Ron Paul is a true GOP'er - a holdover of the old party of fiscal responsibility and limited government. Interesting that his own web site touts his involvement/interest in the gold standard. www.house.gov/paul/ I applaud Dr. Paul for raising the issue of M3. I am sure...

mod, this should be moved to chitchat pls.

Usual disclaimer (I am not an investment advisor, tax advisor, or legal advisor, consult your own for specific information to apply to your situation, information presented here for entertainment purposes only) applies here. 1. I hope you have not liquidated your 401K without rolling it over...

I have been watching the senior loan funds with some interest due to my expectations of a few more rate hikes under Bernake. Currently I own EVF, which is yielding for me (where I bought it, anyway) about 7.15%. Dividends have been raised recently and NAV looks to be rising, but the fund (like...

Not sure if I qualify as an old-timer here yet, but here goes. I'm long small S&P at present still mostly in cash until I have some clear indication of what the heck is going on. I would like to be long but it is so hard to buy the market overall at these valuations. P/E's overall are...

Blue, you don't overpost, and when you post you usually have something good to say. Our world is being overtaken by the money velocity proponents - the Bernakes and Krugmans of the world - and their beliefs that any dollar not exponentially increased by debt is wasted. Couple this with...