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Yields up = Stocks and Bonds down

well, if there is a "glut of crude" as you say, then the price is high because of dollar fears or supply cutoff fears, or both

Can you tell us where to find more info on the grass to ethanol? That is a lot better than burning corn.

I've changed my mind about Gore. He wants to tax carbon (ie fuels) and remove equal taxes on wages to make the US more competitive without lowering wages more (after inflation). This will also reduce oil imports and increase exports He did an interview on Bloomberg over the weekend. At...

Exactly. You could eliminate the regressive ss and medi taxes with the revenue. net effect to consumer and gov = 0, but the difference is that demand would drop, forcing oil lower, and reducing the trade deficit, and helping the dollar. Actually, Al Gores carbon tax effectively does this...

It all depends on liquidity. I think they will keep liquidity up to prevent a recession, and that would be good for gold. If the dollar scares get bad enough, I guess they will need to slam gold again, otherwise people might get the idea gold is safer than cash, but I don't see that happening...

I think a better question is how will they react at $10/gal. I think that happens within 2 yrs. Asia has the dollars and will bid up the resources to get whatever they want. All we are doing is printing more dollars to bid with. At some point, somebody will smell the coffee and change...

Here's Alex's prediction from LAST summer.... Alex_in_Oz Registered: May 2006 Posts: 491 07-28-06 10:24 PM I completely disagree. Not only will we see Gold below $500 an ounce in our lifetime we will see it by the end of the year! Massive amounts of gold are coming on line because...

And trees will grow to the sky... Argentina thought the same thing at one point, and they weren't the worlds reserve currency.

I wouldn't argue with any of that, but you've left out the $9 trillion of govenment debt and probably another $9 trillion of dollars out there running around waiting to be cashed in (spent or traded for a more reliable store of value). Because nobody else worries about it, we'll also ignore the...

10.5% is M2 14% is M3 The government still publishes M2, but they stopped publishing M3 so they could have the flexibility of not having having to answer for it. I READ YESTERDAY THAT THE VOLUME OF GASOLINE CONSUMED IN THE U.S. IS UP 2.5% FROM LAST YEAR. IS THAT *SAD* OR WHAT? WE ARE...

We are just sitting here burning our seed corn in our SUV's, borrowing to buy made in china garbge at walmart, target, and ebay, and we'll be SHOCKED and SURPRISED to find out we've sold the total worth of the nation to China and OPEC, at a rate of 6% more each year, till there is nothing left...

No can do. Rates can't go up like in 1980. Economy is already on fumes, and that would bring it to a complete halt, and throw it into reverse. Feds owe $9 trillion of adj rate. If rates go to 10% the nation is even more bankrupt than it is now.

China's trade deficit with the US was over $200 billion or so in 2006. You could fix a billion of that if you shipped them the high tech stuff, and the next year they would have it copied and being sold globally to our enemies. How big was the deficit with Canada? The surprise is how big...

Yeah, that's it. Furriners aren't building their plants here because corporate profits taxes are so high. What a load of manure. Its SS, Medi, Healthcare, 401k, high wages, legal costs and high services costs that drive business offshore. All we need to do is cut everything by 2/3 and we...

If we didn't print 10 to 14% more dollars each year, commodity prices would be a lot more stable. We should at least expect commodity prices to rise as fast as the expansion of money/credit supply unless there are significant changes to demand or supply.

and WHAT will the "pros" do with all that inventory? Do you have ANY idea how much money you are talking about? Even Trump is having trouble selling from what I hear, and if Trump is selling, who are these "Pros"? IMO, we'll be lucky if housing bottoms in 07 at all. I think the bottom...

If there wasn't something TERRIBLY wrong, they ALL wouldn't be lying about it.

If only OUR leaders had the God given sense to see that all they will be leaving their children as a legacy is an insurmountable mountain of debt. If they wouldn't try to live beyond their means all the time, they wouldn't be continuously borrowing more, and countries like China would have to...

When China stops lending us back the money, most Americans will no longer be able to afford cars or gas. Imagine interest rates of 20% with a $9 trillion debt. Look at Iceland a year ago. Then imagine a similar situation, where interest rates go thru the roof and the currency collapses...