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You try telling the truth and see if you can get elected. Voters get what they deserve when they are democratically elected.

It's both. You still need some sort of timing edge in buying and profit taking to go along with good money management. If you only have one, you will be 98% likely to lose.

You could also look at crude vs platinum or CAD vs platinum. Depending on how you like to trade.

I totally agree. Gold is not even attempting to act as insurance any longer.

I love how they pretend to be shocked that a sicker/older/poorer cohort of people signed up. As if that was unknown or unexpected.

The problem with unrealized profits, is that they can fairly easily become realized losses.

But I thought PTJ was lecturing us on wealth distribution? So you're telling me he moved to Florida to avoid taxes after that lecture? Empty words followed by actions that do not back up what he said.

PR has a labor participation rate in the low 40's and hasn't been above 50 in the last 60 years. It's the definition of a welfare state

Probably just short term fear that the can has been kicked as far down the road as it could. In the scheme of things, Greece isn't too big of a problem on its own. Now the question becomes, are there any other huge imminent problems out there lurking? As we saw with Lehman, there sometimes...

Will this be the first domino to fall? Probably it will be a temporary blip. But I can see an outside scenario (I would handicap it at 5% odds) where this steamrolls into a global mess that results in capital controls, massive wealth confiscation and Obama delaying the 2016 elections. He...

The concept of the EU always seemed like a long shot to me, but these things can go on a lot longer than one might imagine.

Either way this had to be dealt with. It could have a positive effect on the Euro currency. You might make the case that cutting your weekest link could make you stronger. I can't imagine Greece brought much good to the table for the EU anyway.

Leftism? Yes, I agree.

If you think gold will crash medium term, you may wait until next week in case Greece does blow up. It sounds like the odds of a bank run n Greece is fairly high. If that happens there would likely be at least a temporary pop in gold. You might get a much better price in a week or two. At...

You're either not thinking through this logically, too proud to admit your statement was incorrect, or you are truly an idiot. We're not talking about someone who risked everything to move West and build the railroad, or someone who pours his entire net worth into his pharma company to cure...

Wait, so because he likes to play tennis in his spare time, and he likes to win, he's an American hero? I mean, I know a lot of successful entrepreneurs,and certainly they add value to our economy, but calling a guy who likes to play tennis and can raise money an American hero is an insult to...

It's great to know that we have Mr. & Mrs. Everyman looking out for us. Did she say what she would do about guys who charge public universities half a million dollars to give a 45 min speech?

No one knows who Bernie Sanders is and once they get to see him he will become a laughing stock. Once you peel back the populism his policies will look rediculous. He has a roughly 3-5% chance of winning the nomination and then a 30% chance he could win the general. The U.S. isnt ready to elect...

The market (you and I and everyone you know) determine what McDonald's wages are. If we want to pay up for burgers and fries, I will guarantee McD's wages go up. Workers will protest and McD's and other restaurants will find a way to streamline operations in order to reduce labor costs. That's...

There has been a big restaurant union push in the Minneapolis area. Probably a few disgruntled current/former workers locally attacking what they know.