Search results

Its getting obvious to all now that our GDP growth is only because of stimulus/low interest rates and such things like that, but today I was wondering....how long has this ponzi been going on and what is our REAL GDP without stimulus and low interest rates? It occurs to me that this ponzi...

They give all the federal employees raises so they can collect more taxes so they can pay higher wages to federal employees! Its like a death spiral but goes up! Pretty soon Federal employees will be making a million dollars per year just so the government can have a higher tax revenue...

I already linked that 9 1/2 hours ago. Dont you people ever read the previous posts to make sure we are not reading the same thing over and over? http://www.elitetrader.com/vb/showthread.php?s=&threadid=185315 Maybe you should write about something else that hasnt been written about...

When the recession started, there was one...thats right...ONE employee at the D.O.T.(dept of transportation) that was making $170k or more. Today with how bad the economy is, and people that cant find jobs, living on food stamps and there is , not 1...not 2...not 10...not 100...but 1,690...

China would have to invent some kind of star trek-like cloaking technology before they could invade the US. We got 3k miles of ocean on both sides of us. Not hard to see them coming and very easy to knock their little ships and planes down when they are in the water without any civilian...

Yeah, last time i checked Bright gave 6:1 leverage without any fees for overnight trades as long as half was short and half was long.(if you go anymore, they charge you hefty interest) You will have to pay desk fees ($200 per month last i checked, but might be more now) plus you pay SEC fees on...

When a country drops an atomic bomb on you, for the rest of your existence, you buy whatever they are selling.

Thats the illusion. There is no real debt ceiling. I mean what is the point of even having a debt ceiling if you are just going to raise it everytime you get close to it? Basically we do not have a debt ceiling.

Yep. But if you only buy 500 shares, then you only pay $2.50. Obviously if you are making trades over 1500 shares, its cheaper with scottrade or fidelity. Dont forget that IB probably passes on SEC fees to you too so its actually more expensive than .005 per share.

Wow..really? Gold goes down less that 8% and you are starting an "i told you so" thread? You know what else MUST be a crowded trade? PFE! Thats right, it hit its 52 week high last week of 18.99 and today its at 17.76! It dropped almost the same amount in percentage points as gold did...

The bible tells all the clues you need, but scientists want to ignore those clues. They would rather just say that there are no clues. "But your iniquities have separated you from your God; your sins have hidden his face from you, so that he will not hear." Isaiah 59:2 And ye shall seek...

Did you spend 300k today or did you buy a house today? :P

Just start buying a couple of ounces of silver now with every paycheck. Then when hyperinflation happens, you can sell one of those coins for 10,000$ each and pay off your mortgage very easily. My biggest worry is that the government is going to step in and change the money and force...

Yeah, Im one of those people saving and derailing the us economy. So far this year it looks like I have roughly saved about 30% of my net income this year. Of course im only holding a little of that savings in USD and most of it I bought Physical silver and gold for savings which is up nicely...

Actually it seems more and more illegal immigrants are leaving to go back to their countries as there is a lack of jobs here.

It snowed yesterday in my area and it only snows here once every 5-10 years or so. The snow didnt stick for very long though.

Obama says we are going to spend our way out of bankruptcy and if he says its possible, it must be true! In fact...we should tell everyone who is in debt right now that they should go out and spend MORE money on their credit cards because that will help get the economy going more and pretty...

You had it right until the part about leaving the churches. What country every started getting stronger because they left the church? None! In fact people HAVE been leaving the church for years. During the golden age of this country everyone went to church. As people slowly started...

Its pretty obvious now that Nobel prizes mean nothing after giving one to Obama who did nothing. Peter Schiff got it right,but they would never give him nobel prize.

You are talking about overnight hyperinflation, right? Like what happened in zimababwe when their currency went from something like 3 to dollar to 250,000 to the dollar? (dont remember exactly what it was) Well if that happens, it probably doesnt matter if you were long or short...you would be...