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  1. T

    is Marc Faber wright in most cases?

    Those look like picks from Jan 07 or Jan 08, not Jan 09. I'm basing that on Fred Hickey rec of GSS and I don't see Faber rec of gold or asia r/e
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    3.8 trillion dollar budget!?!

    At least Madoff ADMITTED HIS CRIME We could run the largest surplus ever, every year, and even if there was no interest on the $12 trillion owed, it would take 200 years to repay it.
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    is Marc Faber wright in most cases?

    Any site that bases its ranking on whatever gets typed in from web users is going to end up with silly data as soon as some of the people being ranked have their sales associates put in good ratings for them.
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    Commodity Prices Threaten Economic Recovery

    That's a ridiculous statement. There is no recovery to threaten.
  5. T

    A currency based on water

    Just imagine trying to pay for a new car or house. You line up the tanker trucks, but where does the bank put all the water?
  6. T

    Gold, no stockmarket correlation?

    If there is deflation, the past couple years have shown that the increased risks of owning paper promises from those going down the tubes as well as low interest rates, will cause people to push money into hard assets, because at least they won't go bad on you.
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    decade of joblessness and flat wages could lie ahead

    I think it will be 3 decades of standard of living declines. Lets be honest, if joblessness isn't improving, its not really a recovery.
  8. T

    Time to Reduce Debt

    Watch what the elephants DO, not what they say or don't say. The elephants, are of course the Federal Govt and Fed, both hopelessly buried in the results of 75 or so years of Keynesian economics. We will soon live in its wake. The government and Fed are leveraging up with wild abandon...
  9. T

    The Death of equities, how inflation is killing the stockmarket.

    The european companies have been sacrificing profits and "eating" the cost differential to keep their plants alive because they can't easily just lay people off or fire them like here in the US. Healthcare is up another 15% here, this year. Fuel costs, too. Food hasn't risen. It went way...
  10. T

    The Death of equities, how inflation is killing the stockmarket.

    I don't know the exact point in time the government changed how inflation was calculated, but those numbers look honest to me for 1980. The problem is that all the numbers SINCE the change have been lowball lies. If you look at the chart at shadowstats...
  11. T

    The Death of equities, how inflation is killing the stockmarket.

    In about 1980 they changed to the "hedonics" where if something became expensive, they exclude it and substitute something else. They also changed the unemployment percentage calculation about the same time. The problem was the "misery index", and to fix it they changed how things are...
  12. T

    The Death of equities, how inflation is killing the stockmarket.

    The inflation numbers given are bogus, rendering the results useless.
  13. T

    GDP (Gross Domestic Ponzi)

    UMMMM, *HELLO* Its the CONCEPT of GDP is what's wrong, let alone how they cheat it. They are including CONSUMPTION by CONSUMERS. What's important is PRODUCING THINGS that get SOLD, not how much consumers can go into debt buying crap they can't afford.
  14. T

    disturbing CNBC commercial

    Its actually a bait and switch. You get lured in with the idea of buying gold, and then they instead sell you on getting much more in derivatives, on which you always get wiped out. Most people that intended to buy gold end up falling for the trick instead. They push it hard because that way...
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    10% unemployment but H1B visas accelerating

    IMO, we should just charge a $10,000 per person entry fee, and allow one or two million per year to come in if they can show they would be able to support themselves, and forget all this crap that just makes lawyers rich. Nothing will solve the outsourcing problem until we change our tax...
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    Gold Can’t Beat Checking Accounts 30 Years After Peak

    You are looking at cash costs. That doesn't include the cost of the search, property, exploration, equipment, mill, (those are lumped into depreciation and depletion) or and overhead like g & a or interest expense. If costs were really $400, miners wouldn't be making pennies a share. And...
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    Gold Can’t Beat Checking Accounts 30 Years After Peak

    The cost to find, permit, develop and mine an additional ounce of gold these days is well over $1000 and takes about 10 years, and every year it gets harder to do. Cash cost numbers mean nothing when it takes $2 billion and 2 or 3 years, just to put in the power line to the mine, and the...
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    10% unemployment but H1B visas accelerating

    From writing the ads once upon a time I can confirm that. It was just a way to get the equivalent of an indentured servant for 1/2 the cost of an American.
  19. T

    10% unemployment but H1B visas accelerating

    We have given examples of abuse and complained for 10 yrs, yet nothing changes. Basically we have a totally dysfunctional government, bought and paid for by the lobbyists with OUR money.
  20. T

    6 - 11 million more reposessions to come

    The saying goes: The first mouse gets killed, and its the 2nd mouse that gets the cheese. When those investors get creamed by the next big wave of foreclosures and unemployment, and are dumping in despair, maybe then it will be time...
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