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I'm tempted to agree with you. I think the big surprise of the next 50 years will be the conversion of either the USD, Euro, or Renmibi to gold or some other form of hard backing. I vote it is us or the Chinese. When this happens, however, is anyone's guess, but it will happen after a...

India is to services what China is to manufacturing. India has still a fair amount of corruption, so while I think its a decent place to be invested in, china's still far and away the way to go. The old caste systems and their societal implications die hard. I would be cautious about...

1. Chinese banks really in a state of perpetual crisis - maybe this gets them to straighten up. 2. Commodity price growth retrenches = structural long oppty. 3. Smart chinese money buying gold? Yup. 4. Still long my FXI. Buy more if it pisses out.

The site is useful. The exchange of ideas is great for education and for profitability. Some of the ideas I have found here have been very useful and profitable. I enjoy the semi-collegiality of the site, and wish ET and Baron great success in the upcoming year. Thanks for providing the...

Deflationary influences continue to be a concern in the global economy, but I think that the CB's job is to prevent that (as well it should - we have operated for 100 years on an inflationary paradigm, we all know how to deal with it, so why muck things up now when we can export our inflation...

Ok... Gold is getting hotter lately, but from previous experience, I'm a little concerned about CB intervention in the gold market. Right now, gold prices (about USD 525) are high enough to allow for producer profits, probably not enough for them to take lower yield mines out of mothballs...

What? You have a life? I don't think you should need to apologize for that. Kinda happy about that JPS buy :) Wish I had bought more. I'm real interested in looking into: EVV BTF (berkshire hathaway at a 15% discount) TY - have been thinking about this a lot, and like it for a buy and...

go go helicopter ben bernake

While what you are saying is of interest from an academic standpoint, from the perspective of the populous, they will always borrow if credit is loose enough. Why wait until tomorrow for what you can have today? That's human nature. And don't worry about the incredible growth of M3. It...

There are some deflationary influences in the economy at present which are keeping the long bond yields lower than they probably should be. 1. The "China Price" and wal-martization of america which causes consumer goods to be cheaper. (which may be a good deflation) 2. Aging demographics...

So, just for kicks, anyone else load up on those nice discounts last few weeks?

LOL... but you are 'the man', sir...

Sorry, I think that you misunderstood my statement. The point I was trying to make was that, given the choice between candidate #1, who was an "A+" kind of person but with personality issues or candidate #2, an "A-" person with excellent interpersonal skills, a can do attitude, and a desire...

For a longer term position on a directional play you can use the following: RYJUX (rydex short long bond ) RRPIX (profunds rising rate oppty inv 30y) RTPIX (profunds rising rate oppty inv 10y) RRPIX and RYJUX are essentially equivalent. There's a cost of carry with these - about 4% a...

These threads read so much better when you ignore him.

Hey, just for shits and giggles, where is the current producer price breakeven for gold? Back in '92 or so it was about $420. I saw some yahoo state it was $250 - that guy didn't know crap. Anyone know the real number right now? THX

You know, I used to be of the opinion that you should just surround yourself with the best and brightest regardless of personality issues. However after some life experience, I would rather take someone a slight notch below who is normal and easy to work with than someone who is a constant...

I think that that is not unreasonable. Alternatively, you might want to pull out of your briefcase the "how to move mount fuji" book by poundstone (amazon.com), and say "Ah. A puzzle interview. Mind if we do it as an open book? Some of these questions get a little esoteric, and I confess...

I wouldn't sweat it too much. The guy was specifically looking for someone who had read the GaveKal research book - the only way you would have known about it probably was to have subscribed to Maudlin's newsletter. And to find that, you would have had to have been around for a while to pick...

Dropping dividends in a fund with NAV decrease isn't such a bad thing. It avoids eating into NAV. Everything is relative you know - if I had paid $16 for JPS at a premium and now sold it at 12.50 I'd be ticked. However, note that JPS fell from 16 to high 12's at that time and went only...