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I remember a ton of people here rejecting the conclusions of Masters and his testimony to the U.S. Congress. It was painfully obvious to anyone at the time who had their eyes open that speculators were the catalyst for volatility of oil prices, as Goldman & their ilk put on long oil trades...

Grantham Says U.S. ‘Blue Chips’ Are Cheapest Stocks (Update1) Share | Email | Print | A A A By Sree Vidya Bhaktavatsalam July 27 (Bloomberg) -- Jeremy Grantham, chief investment strategist of Grantham Mayo Van Otterloo & Co., said ... China’s economy could “come unhinged,”...

I am going to begin shorting the market now using leveraged inverse ETFs. It's just much easier and way less time consuming than individual picking, even with though it's more expensive. It also negated concerns about locating stock to borrow and other such issues. Home and land prices...

China is bubble-licious. I just posted an article by Pesek who just returned from China, and said that a ton of the stimulus money the government has granted out directly and by pressuring banks to dramatically loosen loan standards has gone into the equity markets.

Call for Rapid Recovery Is Bubble All Its Own: William Pesek Share | Email | Print | A A A Commentary by William Pesek July 27 (Bloomberg) -- Hats off to officials in Seoul. South Korea’s ability to expand at the fastest pace in almost six years is some of the best news Asia has...

He didn't say our Navy is obsolete. He said that if their were to be a confrontation in the Strait of Hormuz, our ships, including our aircraft carriers, are highly vulnerable to torpedo/missile attack, and the DoD had prepared a report years ago that came to the very same conclusion. As...

Part 2A: "Foreign countries are replacing demand from the United States by stimulating their domestic economy,"...."the fall of the United States would be a one time hit that the world is already preparing for." Wow. I've always stated China will need the U.S. consumer just for as long as...

Part 2A: "The United States has reached the point at which the Soviet Union was immediately prior to its collapse."

Thanks for posting this.

I use no credit card unless I get rewards, and I've never paid a penny of interest in my life. If everyone did this the CC companies would still be profitable, as they charge a 2% to 3% transaction fee to the merchant, and the banks get a bribe...err, I mean piece of that, too, so that they...

This is a structural re-ordering of the U.S. economy. It's not a cyclical recession, the kinds we've endured from the 50s onward. It is about permanently losing whole swaths of our economic base, and the jobs that go along with them, ala the United Kingdom, when it transitioned from a...

They're a scam because diamonds are actually many, many times more common that the population is led to believe. De Beers has essentially artificially driven the price of diamonds higher by buying up most of the world's mines and mining rights, especially in diamond intense fields in Africa...

You don't have to believe either him or I. I'm just being honest in relaying who this guy is, what he did and what he knows. As far as whether he's credible or not because of his own financial irresponsibility, I don't think it is relevant to what he discussed with me.

Here's your bull market:

Yep, and the fact that the NIH had to hire and pay 1000 people to test the first batch of the vaccine is not exactly confidence inspiring regarding the safety of the matter. I'd imagine many of those 'volunteers' were homeless people who would do just about anything for some cash.

Yes, I can only imagine that people in the southwest will be even more resistant to government forced vaccination programs. I'll never forget scouting property during the boom in Arizona in 2005 and seeing all kinds of anti-government and protest signs everywhere, whether on the front lawns...

It's too late to edit my post above, but I forgot to add that this former commercial real estate mortgage broker I was out with tonight was making well over $600,000 take home a year back in the 2002-2006 time frame, and over a million in two of those years. He is now bust, getting kicked out...