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Oil is an easily shipped commodity, as is gasoline, so it really doesn't matter where you are buying it from with relation to how that might affect price other than the shipping costs. Canada would be just as well off selling it to China or India for the same dollars. The fact is that we are...

It doesn't matter till one of them can't raise funds

Put a $3.00 per gallon tax on it and there won't be any more supply problems, and people will buy economical cars without having to be forced to, the budget deficit will drop, the trade deficit will drop, demand will drop, then the price will drop too, and then the terrorists will starve.

If I had to guess, by the first of next year: 1. one or some of the big ones will be forced to file, 2. or there will be a cascading debt problem among them, 3. or they will collapse a big fund or bank that attempted to rescue them. When the crisis occurs, the Fed will ease if they...

Maybe what we need is 10 or 15 minute shows each by an individual analyst or writer on a daily, or multiple times a day basis. Bill McLaren does some good TA stuff late nites on CNBC europe, for example. Imagine having 50 different analysts or newsletter writers each with a mini show...

Its called the "Working Group"

Same thing that happened in 1979 or 1980, except this time the debt is quadrupled. Just imagine 10% interest rates on $9 trillion plus of debt at the same time as an economy smacked with higher rates just as it was already rolling over. Yikes...

I guess you heard Kuwait dropped its peg to the dollar tonight. The reason was that they kept trying to defend the dollar by buying them, but they were getting swamped by speculators loaded with dollars they were happy to trade away. Ok, here's what's next, IMO. There are other middle...

PS: It was a lot easier to "not lose" money being out of the market all those years, but you don't really make much, either after inflation is taken into account. I was a techie, and generally in tech stocks, for example in 1987, so its probably a lucky thing I stayed out, because 2000/2001...

We no longer have the plants, machinery, employees, or mgmt to take back any of what we have offshored, no matter how low the dollar goes, so when the dollar does eventually drop we will be at their mercy because we will no longer have the capacity to provide for ourselves except at a...

Whenever they decide not to lend us more, let alone if they'd want anything paid back, the interest and debt will be so high that the dollar loses world reserve currency status, we default on the debt or just inflate it away, and our world status degenerates to below that of France or Britian...

Yup. In 1987 I lost about 30k, which was 38% of the portfolio, the entire loss being taken in 2 days. I made some back by the end of the year by doubling the bet after the crash, but it was a very scary time. I was at least somewhat diversified, but that didn't matter on "no bids" Monday...

That's really quite a list of insults, there, troll. I bet you are one of those people that buys things just because a chart looks this way or that, huh? BURNED? Not likely, buddy. I'm right and I KNOW I'M RIGHT. Bet against me if you like. You'll lose your money.

I wonder if it will happen again? I lost money in 1987, and it scared me, BAD. I guess Ive either been smart or lucky since then. If I ever had a large percentage losing year now, being "early retired" (not by choice), it would be VERY bad because I don't have a check coming in or...

Correct, but only until the pig is sufficiently fattened.

Wall Street Week. THAT was a good show by comparison.

They doubled the minimum payments on credit cars last year as I recall. Obviously all the money to pay the interest on all this debt has to come from somewhere, so the Fed prints it? The guy from BAC is right, but sort of like Greenspan's irrational exuberance comment taking 3 yrs to...

Of course there is money to be made, but your questioning logic tells me you don't have a clue. Learn to think in terms of percentages and probabilities. Until you get to market moving numbers, that's what counts. You need 5 digits just to survive. 6 isn't bad. 7 is a good year.

While I appreciate the article, I respectfully disagree with the basic premise that gold is going lower. My reasoning is that: 1. the Russian Central Bank was a big buyer when golds was last in the $650's. 2. the COT commercials were covering gold shorts in large qty last week 3. on...

Maybe the problem is that you are trading instead of investing.