Search results

I remember that as though it were yesterday. The market just ramped relentlessly into early or mid July and then started dropping like a rock. Then the LTCM rumors began and all hell broke loose in August. Of course, who can forget the Thursday before Oct OpEx and the Greenspan rate cut...

And that's ultimately why we've had 60-72 month teaser rates and "subprime" auto loans for years now.

RCG is a racist! There..I said it.

1998 seems like several lifetimes ago. Back then, the world was going to end with the Lewinsky affair. Seems quaint nowadays with the multiple debacles we're presented with daily.

Realistically, Mittens is just as despised as Hopey. The problem is that people have a gun to their heads and told to choose between A-hole #1 or A-hole #2.

Indeed. But there always has to be that "threat" that the evil "other party" will do away with all the free bennies from Uncle Sugar if "our party" isn't re-elected.

No, I generally find your posts interesting. I'm really sort of mixed about where I feel gold MIGHT go in the next few months to year. In a way, I've been looking at it and figuring that stocks are overextended now since it's been languishing in recent months. As for Oldtime..yes, I know...

I'll throw my hat in the ring and say this is an excellent place for a short (at least for a few weeks) and quite possibly for the intermediate/longer term. If I'm wrong, everyone will eventually forget about it anyway.:D

I'll go out on limb and hypothesize that the food stamp useage (since the 2008 collapse) has been spread more uniformly across white, black, hispanic...

There is no way to fix the problem, hence why it's just so much easier to stop any conversation in its infancy with all the "racism" talk.

All satire, all the time?

In what way are you NOT making a prediction about the future with your claim that gold is in a bubble? You are also implying that economic "uncertainty" is coming to an end and that confidence in fiat currencies will return as well... What's next, are you going to tell us that the Fed will...

The trend is reversing according to just about every measure in that article you copy and pasted. Basically, production ramped up due to alot of "false positive's" that the QE's were signalling from 2009-11. And the "barring a meltdown in the Eurozone" is cute.

Riddle mode again.

The problem with your analysis is that you are assuming this "economic uncertainty" will be resolved or HAS been resolved. Nothing could be further from the truth.

Honestly, I don't like Dunkin Donuts coffee and never understood the hoopla about it. I always figured it was the sugar high from the donuts that affected people's judgment about their coffee...and their iced coffee, no chance. Any iced coffee that is just a cold version of regular coffee...

Generation X.

I suppose if you lived in the wrong neighborhoods right about now, you'd think it was borderline anarchy and a third world country. That's one thing about the US, there are many third world aspects to it that most people conveniently side step or try to forget about. I just think this country...

yes, shortly. The level of complacency still baffles me. Somehow people think that Quant Easing will just turnaround the ship. Even those who aren't so far gone off the deep end, continue to argue for it simply as a means to "cash out" and leave the carcass to another generation. I still...

I generally agree, but the odds that we just "muddle along" are next to nil given a long enough time frame. As such, when things "turn ugly" and those with the foresight to have stored wealth in metals start to use it...guess what happens next? Home invasions, kidnappings, ransoms, theft of...