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I was young and ignorant then, and put mine all in 14-15% CD's, not knowing that bonds would increase in value as rates fell. If only I had that to do over. Nice call Pabst!

Better be careful of the AMT is you're going to go buy Muni's

Kinda makes you wonder why they weren't quietly refilling it while prices were down under $55 this past winter instead of trying to refill it during driving season, when they just finished adding 35 cents or so per gallon to gas due to the reformulation switch on March 1st. Kinda makes you...

With it as easy to make money as its been the past few years, I really can't imagine how anyone could still be poor. You could have thrown darts at the board in 2002 and be up 200% now on just about anything, let alone if you were actually trying.

Its not known as the "dismal science" for nothing. You have some experts saying growth, some saying slowdown, and some saying recession. Who do you believe? Two will be wrong, one will be right. How can all of them be experts? You can pick your books depending on which outcome you want to...

What's going to be the best indicator of when we are at the REAL bottom? I'm thinking the Fed will ring a bell. Have they done that before? To be honest I don't remember the turning point back in the 80's. I look at the charts at the links there, and I don't even see a down turn in the 80's...

There are different problems in different areas putting downward pressure on prices. In places like FL, NV, CA where you've had the big boom, its just a bust from the boom and it will be compounded by the reduction in ease of credit availability. My Mom has been trying to sell her...

The only thing I hate worse than 3 or 4% inflation is a recession or depression. With debt levels sky high, both public and private I don't see how we can make it thru a recession without it cascading out of control, because if you look, you'll find the government has always borrowed and...

I say they will tell stories of VIGILANCE and that's about all. Think again what that would do to for housing, construction, lending, manufacturing and autos if they raised rates. We keep adding a sector or two each month as it is. How confident of your income would you be to go buy a...

You are lucky to have exposure to numbers before they hit income statements and revisions of forecasts. Do you think its just that company for their products, or more general? What you said there were also the first signs in 2000 and back in 1980. The first nose under the tent is...

No, I'm looking at things with a multi-year view. I've tried putting money in Euro bonds, British bonds, Aus bonds, NZ bonds, and some of the currency ETF's, and basically the spread kills you, and the interest rate changes kill the values of the bonds. Its a catch 22 and you are lucky to...

What happened after Vietnam? Its the cost of the wars, trying to give people both guns AND butter, and by printing money to import and borrow to do it that caused the inflation and a subsequent 50% devaluation of the dollar that followed. Sadly, Mr Bush's job creation war in Iraq is much more...

They can't allow deflation. Just imagine trying to pay off 9 trillion worth of debt, let alone plus interest, let alone if it were worth more, not less, than today. Inflation is the plan, Stan. They absolutely must devalue the dollar (but only include a portion of it in CPI) to be able to...

They just need to have a 5% fine for any shares that are shorted but not in inventory at the close of each day and it will stop. 5% is not so much that the broker won't survive a mistake, but enough that they won't make a mistake often.

I have a friend from Peru. His english was lousy, then, they tried to talk him into an ARM. He showed it to me, and I took a big red marker and wrote GET FIXED RATE, NO FEE LOAN across the front of it. He took it back and handed it to them and they redid the thing. That was yrs ago and...

Exactly. It should take less than 30 days and cost the same or less than the lawyers it takes to get you legal here now. Its all a big money game for the lawyers, folks. We don't let them in legally, but once they get in on a student visa or sneak in our lawyers take $5000 off them to...

He was "all in" gold and called the top to the day as the story goes. Looks like he's going "all in" gold again... A Day Of Unfounded Fear Author: Jim Sinclair Dear Friends, Flight to quality certainly does not mean a flight to paper currency. Such a concept is total...

Be careful, you're starting to sound like Paul Volker. The only difference is he said it a year ago.

Good day to be 50% long MZZ

The illegals will make their payments as long as somebody didn't SUCKER them into an ARM or interest only loan that they didn't know would increase on them. They'll be out there mowing the lawns, shoveling the snow, sweeping the walks, digging the gardens, washing dishes, busing tables...