Search results

In order to be mindless drones of talk radio they'd have to progress to the point where a head-on collision with a post would no longer be a meeting of the minds. You assume basic comprehension of language after all. Any language.

What you're not getting is that what will fail is the currency regime that's been around since 1971, when Nixon took the dollar off gold. The US isn't going to fail, but this system will. As was predicted by an economist named Paul Einzig in The Destiny of the Dollar, written right after Nixon...

Give me some reason why we can't return to being a producing nation. Once again, you argue like present conditions have to continue forever. As for trade barriers, those work fine if you're a developing nation, but are a disaster for an advanced economy, as all it would do is prevent the...

In 1907, JP Morgan triaged the banks into those that were hopeless, those that with help could survive, and those that were fine. When done, he told the ones that were fine to help those who needed some help to survive, and let the bankrupt ones die. In 1913, the Federal Reserve was created...

If very little private debt is being issued, as is happening now in the US, then government borrowing is a) not crowding out private debt issuance, and b) will have a ready market from the savers in the country and by overseas buyers looking for something to invest in, who now no longer have...

Yup. The vast majority of those who know a little bit about economics, being just knowledgeable enough to be a danger to themselves, will take the other side of Brittan's trade, until they're proven disastrously wrong, as they always have been and always will be. Vast deficits in bad times...

Yup, definitely a loser. Virtually always posts in Politics, only ventured out once recently, to agree with fellow scumbag Pabst on Lula in Brazil. Racists recognizing each other. How edifying.

I'd wager you're right on GM, but I have no dog in this fight, so that makes my opinion pretty much useless. I'm just thinking that back when I still had hair GM was considered a bellwether for the stock market, and I think we've transitioned to a bull phase at this point, so GM also being in a...

Holy sh*t he was serious. Oh well. Now on to you, Leeson-san. How much of an illiterate, trailer-park dwelling, stupid ass are you? It was just announced that the economy fell 6% in the final quarter OF LAST YEAR. BEFORE OBAMA TOOK OFFICE, you idiot. Really, the stoopidity displayed here is...

1. Gentle reader, suppose you were an idiot. Then suppose you were a Congressman. But I repeat myself. 2. First, God created idiots. That was just for practice. Then He created school boards. ---Mark Twain

I remember well talking to a work colleague in 2000 or so and saying I was 100% in gold or gold related mutual funds, and him looking at me like I was from Mars. Definitely a bit late. I figure we're in for two years of sideways to down in gold, before the next big leg up. On a really long...

:p :p :p :p :p :p :p (I hope that wasn't serious. Ya never know...)

If you're fading a trend and doing it with significant money - enough to take a 25k loss - use options. That's what they're there for. You lose a little for the insurance, but gain a lot in loss mitigation. If you structure it right, you could even wind up making money on a mistake. If what...

No. Sam Zell sold out two years ago from the commercial market. I made a nice piece of money on that deal, and I remember wondering what the folks on the other side of that were smoking. I see from the chart a whole bunch of folks thinking they can value those at 100%. They are, to put it...

First off, what Cutten said. Now, to the heart of the matter: Most people, I have found out through a long and eventful life, are 100% self-interested. We're talking 99.44% of the population (the older people will know where that percentage comes from). The remaining .56% are what's left. I...

IF you know how to trade fades and how to use options for risk management, NYX. For trending, GDX, which is an ETF, and therefore far less risky. I used to trade LEH before it blew up. Made tons of money on the volatility it offered up. Sigh.

The Dow Knows All.

This entire line of thinking comes down to the fallacy of the excluded middle. Anything that suggests government intervention is immediately socialism, in this line of thought, ignoring, therefore, the entire post-Keynesian history of the West. Unless, of course, you think that entire history...

Look, dumbo, you're right with Reagan, and wrong with Dubya, the first (full-term, not sure what happened with either Ford or Kennedy) Prez since Hoover to preside over a net decline in the stock market during his tenure. It wasn't even a decline adjusted for inflation. It was just plain a fall...

Please locate for me on the attached when the markets decided to have confidence in Reagan or Dubya. Notice that these charts take in the first year and a half in the first case, and two years, in the second case, of these Republican presidencies. In the previous chart I posted, given that the...