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  1. peilthetraveler

    Federal Reserve Puzzled by Yield Curve

    Dont believe them. Its just like walking into a room and seeing spilled milk on the floor and a kid standing right next to the milk. Grown up: How did this happen? Kid: I dont know. Grown up: Did you spill this milk? Kid: No Grown up: then who did? Kid: I dont...
  2. peilthetraveler

    Ah, the good ol' days of 2008

    And yet everyone that stayed with him today has all that money back now. Can you say the same thing for the rest of the people out there? Hell Warren Buffet lost MORE than 50% too last year. And he is STILL down 32% Year to date! At least Peter got his clients money back this year. More...
  3. peilthetraveler

    Bubbles Are Not going to Be Reblown

    This is great! Since wages are the last thing to deflate, that means i will get to keep my fat bloated salary and everything will be cheap. I will buy bread for 10 cents, a gallon of gas for a quarter, a 3,000 sq ft penthouse in NYC for 40k...yeah life is full of sunshine and rainbows again...
  4. peilthetraveler

    Ah, the good ol' days of 2008

    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/Nvi7JEi1wwU&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/Nvi7JEi1wwU&hl=en&fs=1"...
  5. peilthetraveler

    This is why Americans are going to be blindsided by the economic collapse.

    Brings new meaning to the word "Sheeple" <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/7AdjzuP2hr0&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...
  6. peilthetraveler

    safe to buy AIG?

    I dont know. I'm reluctant to buy a company where the management runs the business into the ground, then when they get help to not go out of business, spend that money on parties and bonuses. But hey....call me crazy for wanting to buy companies where management knows what they are doing and...
  7. peilthetraveler

    Israeli bill seeks to outlaw denial of Jewish state

    I think the real question is who is God with? The Jews have withstood the test of time, something that no other group in the world has been able to do. The Jews suvived their escape from Egypt(with help from God and leadership from Moses),They survived the babylonians, survived the...
  8. peilthetraveler

    Mexico Economy to Shrink 8.5%; Most In 77 Years; Most Since 1932!!! Goldman Says

    When the U.S. economy collapses, do you really want a wall keeping YOU out of mexico? I knew a mexican illegal alien who came here about 4 years ago with her kid for a better life. After she came here, she got married to a citizen. I just got word last week, that she left and went back to...
  9. peilthetraveler

    Are people getting away with not paying their mortgages for months? years?

    No...the forclosure process kicks them out. It is possible that after they are kicked out, they could move back in, and nobody might know for years that the house is supposed to be unoccupied.
  10. peilthetraveler

    Something to think about with gold and silver

    If you could freeze the price of silver today(around $15.50) and buy it all, you could purchase the entire world supply for under 300 billion dollars. Gold you could purchase the entire world supply (at $980 per ounce) for about 830 billion dollars. Now think about that. All the gold and...
  11. peilthetraveler

    Markets set to plunge, again- Jim Rogers

    <<"As with Faber, Rogers is mostly to be seen being interviewed on CNBC Asia or Europe, since their views are to put it mildly, somewhat negative on the US Dollar and the prospects for green shoots in the US economy">> Whats wrong with that picture? The rest of the world is being told how...
  12. peilthetraveler

    Look At This Excellent Chart: What A Steep Recession Looks Like

    There are alot more jc pennys in malls across america than walmarts in malls.
  13. peilthetraveler

    Scientists...Got it wrong again!

    How about this....God told Job,(at around 600 b.c.) the world was round and free floating in space. Scientists told everyone for the next 2000 years that the earth was flat. God also told Job that the world was made up of things too small to be seen with the eyes (obviously a reference to...
  14. peilthetraveler

    The speech you never heard.

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  15. peilthetraveler

    Is hyperinflation a certainty now?

    I know Joe Public doesnt think so, but i would like to hear what you all think since most of the people here follow economics more closely than Joe Public.
  16. peilthetraveler

    Buying Physical Gold/silver

    Where is a cheap place to buy physical gold/silver? The coin shops in my town charge a freakin fortune over spot price(like 7 to 9 dollars over). The best site i found was goldeneaglecoin.com so far, and i ended up buying a few thousand dollars of silver from them (they are about 1.50 over...
  17. peilthetraveler

    The future of GM

    Parts of europe pay that already.
  18. peilthetraveler

    US National Debt Clock

    Keep the change. At least thats what the government will say when they start printing these.
  19. peilthetraveler

    The future of GM

    "The future of GM" Thats an oxymoron if i ever heard one.
  20. peilthetraveler

    Home prices HAVE to drop at least another 20%

    well technically if property values are going down, you can get them re-adjusted so they would actually be cheaper. I'm paying about $200 per month for my property taxes right now, so even if taxes did go up, it wouldnt kill me. But about the crime...you are right. I think about that all the...
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