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Gold going to 2k!:p

Daal, when you look at stockmarket performance in 2009 (albeit local currency) the correlation between a weak stockmarket and government solvency concerns is less clear than your comment might suggest. http://www.elitetrader.com/vb/showthread.php?s=&threadid=187177&highlight=currency A...

Schiff is a hard core gold bull who views gold as money and stocks as a hedge against his scenario of global currency debasement and economic collapse. So he hedges gold while conventional wisdom dictates gold is the hedge.

Agreed 100%.

Marc Faber told people in 2000 to buy gold and oil because they were going to go to +1000$ and +100$ in a few years but he was rather bearish on stocks themselves calling for a DOW 6K or something like that. No one has all of them right. I like listining to these guys anyway because they...

Here is a 2002 Peter Schiff video. http://www.youtube.com/watch?v=rhJaVEWAG24 I'd be happy to hear people's opinion on whether he is 'a broken clock' or he was indeed on to something even back then. Cheers.

Move to Asia, that's the future! I believe Rogers touched upon that in his market wizards interview as well, back in the eighties.

He is the Lotto Lout who turned up to collect his £9.7million win wearing an electronic offender's tag. But eight years on, Michael Carroll, the self-styled King of Chavs, is back to where he started - on the dole. The 26-year-old former dustbin man yesterday revealed he has squandered his...

Faber said the $ could rise 10% against the Euro when it was at 1.50. We reached that last week I believe.

Debt on itself isnt bad by nature. Debt can be good. Who is best of? The bum in the street with 2 cent in his pocket. Or the rich doctor who has a big mortgage to pay off. Think about it.

Fair enough. Daal, could you share your vision on to what extent the strength or weakness of a currency actually reflects the economic reality of the underlying country?

The title clearly was way to misleading which could be explained with words but why botter when a single chart can do the job just fine. After world war II 1$ bought you 500 Yen. How much is that today? Bulls and bears can make their case on everything depending on the timeframe chosen...

Wasn't Britain on food rationing all the way into the 60's? It's amazing how spoiled people can get in just 2 generations. Ooh we can't allow the banks to fail bug-a-boo!

The UK should be seen in the same category of countries as Greece and Spain, who are facing severe debt problems, a leading economist has said. Ex-IMF chief economist Simon Johnson, also described the G7 group of leading economies as "fundamentally useless". His comments to the BBC came...

Did he say anything about the USD, stocks, commodities? Thanks.

Palin in the white house would bring back US popularity in europe to Bush levels.

What's the point of a Belgian bank financing Greek debt and vice versa? Is it spreading the risk? Chasing higher returns? Or just chasing any return.

Good for those children they got saved. Imagine the sexual abuse that would have occured should they had been brought back into the US.