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  1. J

    Big Bro.

    http://www.fastcompany.com/1786730/federal-reserve-bank-sentiment-analysis-social-media Starting this December, the Fed will be monitoring Facebook, Twitter, and the broader web to gauge public response to economic policy. they make it sound like it isn't obvious enough :confused:
  2. J

    GLD forming a new bottom here

    nope but as trading is concerned the greater fool theory applies, you can sell to someone who'll give you food for it.
  3. J

    Can't eat gold

    Those can all be used as a medium of exchange as it depends if the seller is willing to accept them. Like how some retailers take visa but not mastercard. The sentiment now is that if the dollar implodes people are storing their wealth in gold and silver so what makes it a good currency is the...
  4. J

    Can't eat gold

    And that's the whole miscommunication between gold bears and gold bulls, the bears always chart gold against the USD because they treat it only as a commodity as it isn't legal tender, the bulls look at the same chart the other way around and see the USD against gold because when it takes too...
  5. J

    Can't eat gold

    One argument against gold is that you can't eat it, but the people making those arguments sounds like they're just saying it to make any point they find against gold. But since it comes from people just entering the fray it is interesting to note they don't understand the value of gold as a...
  6. J

    The lasting effect of education

    Once a bachelor's degree in anything was all you need to be set for life. Then you needed a masters to compete, a Ph.D to distinguish from the oversupply of masters, then whole fields were put into comparisons where people started to use a language that you need a degree in something useful...
  7. J

    Fed and gold

    I saw that too and was wondering why the Fed was holding gold after I watched it because it was interesting to see Ben lost for words after being asked why and just blurted out "because it's tradition". One question I would have liked Ron Paul to ask Ben was does he think the American people...
  8. J

    Fed and gold

    I wonder why the Fed is holding gold, the Fed takes wealth from the people and give it to their rich friends and when it comes time to question them on it they portray that it's a harmless act because they're just incompetent but still get to their jobs. So I was thinking from the most common...
  9. J

    Reaction to USA's new credit rating

    I was thinking that after PR at S&P saw how congress handled the budget deal it was time to downgrade U.S's credit rating before people feel that they're a joke. The mortgage crisis showed how S&P is a joke. Their business model motivated them to rubber stamp AAA ratings on packages they...
  10. J

    Reality of gold

    looks like he has http://www.moneynews.com/StreetTalk/JimCramerBuyGoldBeforeItHits2-000/2011/03/02/id/388007 now i'm waiting for mainstream expert consensus because there are more bears then bulls despite how the price keeps on going up. so when everyone gets on the gold train it'll test the...
  11. J

    Reality of gold

    while i love gold i'm also a realist, when jim cramer and pals says gold is a safe bet, i'll be the first one here saying gold is overbought
  12. J

    Reality of gold

    What people don't think about and still don't is the reverse Mida's Touch, if the Gov't touches it, it's doomed. So while I'm very bullish of gold I still fear it will be meaningless if there is an Executive Order 6102v2
  13. J

    Reality of gold

    To modify a famous Ayn Rand quote about reality, You can avoid the price of gold but you cannot avoid the consequences of avoiding the price of gold. Ever since gold breached a thousand the dollar has been in hot water, quantitative easing has become addictive, major yelling contest about...
  14. J

    Slow burn

    The attitude of the public is getting generally worse but there seems to be no cause attached to it. It's like the science of frogs and hot water, if all that that was done to the public since the start of the Federal Reserve was done at a fast pace then public would jump out of that boiling hot...
  15. J

    Orwell's future

    There has been more buzz in the news about good people resisting unjust laws then criminals resisting just laws and this is relevant in talking about dystopias as it isn't a dystopia until we have rebels resisting it. And as economics goes, we're heading to a centralized economy.
  16. J

    Globalization

    George Orwell warned us about doublethink like what my business profs likes to preach to us Globalization and free trade means more jobs and higher wages
  17. J

    Student Loans

    With bleak job prospects for non-real world education funded by massive loans that can't be easily discharged with bankruptcy, then what are we doing sending students to college when they can't even be guaranteed the shirt on their backs?
  18. J

    Education Reform

    Education Reform What our schools are teaching the future generation to be successful and competitive at http://www.youtube.com/watch?v=fKwjU_pSSW4 as when the purpose of education went from expanding the mind to what industries need from the workforce tomorrow, each generation seems to...
  19. J

    Alternatives to gold

    Gold isn't what mainstream thinks about as far as investments goes so what do they think about? Currently there isn't a lot of buzz as they either won't invest because of difficulties paying the bills, paying off the loans, and in making ends meet, can't invest because of unemployment, or don't...
  20. J

    Education at its finest

    With society's strong desire for material wealth and education being the intellectual answer to fulfilling those desires then will the product be this? http://www.youtube.com/watch?v=sZHCVyllnck
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