Search results

What went wrong? It's very simple, the FED was completely released from any bondage in 1971. The true gold standard was the pre 1913 variety, until the early 1930's you had a psuedo-gold standard, and from then until 1971 you had a psuedo-psuedo-psuedo gold standard. But after 71, you had a...

I wouldn't even respond to those type of people. They are simply out of touch. Obama's "plan" is basically, let's spend $500 billion this year and "pay for it" but "cutting" the proposed increases in government spending over the next decade, lol. How ridiculous is this? My only question...

It amazes me that Keynesian economics still has a home in mainstream economic and media thought. The idea of "aggregate demand" was debunked 100 years before Keynes even brought it back up. In fact, the Classical Economists of the 19th century would use it as a litmus test to detect ignorant...

Let's face it, there is literally ZERO difference between Bush and Obama. Let me ask you something, what has happened to: 1) The wars? Not only has Obama continued Bush's pre-emptive wars, but he has started NEW wars. Libya, Yemen and even Pakistan. He has increased the troops in...

It's a shame that you so miserably misunderstand economics. I recommend you put in some time and research in reading and comprehending the topics you are spewing. Stay away from Krugman and the rest of his moronic neo-Keynesian colleuges, and delve into some rationality based economic literature.

Jim Rogers certainly is. The guy doesn't even live in the USA anymore. He lives in Singapore. Also, he is a multi-billionaire that's old. Where are his biases? In fact, Jim Rogers has made incredible amounts of money over the last decades in commodities, not to mention the glorious...

You guys are all giving excuses as to why the terrorism the USA did in WWII is/was a good thing. That's not the issue. Perhaps nuking a couple cities while killing and maiming hundreds of thousands and well as affecting millions with radiation disease and other things --perhaps all this was a...

It's very simple, it is the establishments greatest tool, calling all their enemies "racists." It resonates with the American people, and so anyone they don't like, individuals or ideas they despise, they must get the people to consider them racists. It's not a Republican or a Democratic...

And yet what has happened to government spending? What has happened to regulations? Both have gone through the roof over the time period you are taking. What does that say? As government becomes bigger, the rich get richer and the poor get poorer and the middle class disappears. This is...

I don't see the point of this post, lol. I believe that it comes from a place that believes the rich become rich at the expense of the poor. This is simply not true in a free laissez-faire capitalist society (not saying that we live in one now). But if you make your money legitimately...

Time horizon is especially irrelevant to me. Whether it is on a 1 minute chart or an hourly or a daily, etc., the fundamental aspects of the situation are the same. For my stops, I typically enter a position and have a mental stop in place. My mental stop is not so much a dollar or %...

Rick Perry is another big government Republican. The facts are that BOTH parties love to spend money, and when they spend money and much more importantly, pass regulation and regulating bodies, they assist the rich. Big government assists the rich. The rich are the ones who get all the...

This is nothing against you, but that was just a horrible article. An intellectual who quite frankly, understands nothing but talks (writes) a lot. Just like the rest of the "intellectuals" in this country. And by "intellectuals" i mean the establishment dummies in the main stream media, the...

I just heard Sean Hannity on radio say (talking about the Fed): "Has monetary policy been a disaster? YES! Is the Fed horrible? YES! Was Ron Paul correct about ABOLISHING the Fed? Maybe." WTF is going on here? How did big government neocons, loving the big centralized state...

We are talking about mixed economies when we are talking about the USA, Sweden, Denmark, etc. We are talking about differences in degrees. The USA is a mixed socialist society, as are most of the European countries. First off, oil has a lot do do with the Norway's of the world. The North...

Yeah, that bottom was very odd to me. WTF, i've rarely if ever seen such a move from downtrend to uptrend. It's like someone turned a switch and all of a sudden it was one of the strongest uptrends we've seen, $110 in 10 days! I think the biggest key will come during the next reaction. I...

Gold continues its ridiculous strength. We see oil collapse from 98.75 to 95.60 at the current price for the AUG CL contract, we see all commodities fall off along with the stock market. Yet what does gold do? It "collapses" from $1595 to $1582 and then quickly recovers to its current price...

forgot the chart

Here is the recent chart of gold. I was all ready to make a purchase at the lows, but gold was so strong in making its bottom that it provided me ZERO opportunity in making a purchase. Usually, it gives me at least 1 setup near the lows, but this time it gave me ZERO. This is a HUGE...

Hey all, I have a few different methods of trading. I love to daytrade the CL, the spread is tight, the moves are "tight" in the sense that the choppiness relative to the directional move is low, and it is very liquid. I love to trade other commodities and financial futures. For...