Good point. Its a great deal for us. China sends us cheap products. We send them dollars(Treasuries) that they can't spend or get rid of.
I guess what I am saying is that when you use weekly charts that are not log scale it distorts the the view. That move up in 2006 was a huge move...
I would agree that gold is overbought but it appears that the speculative phase hasn't even begun. [IMG]
In your opinion, what fundamental reason or impetus will drive the US economy in the years ahead? Interest rates are already at zero so they can...
Buckle your seatbelts. However, gold is going much higher.
Yes, but every time there is a successful short term auction longs seem to rally too. I have been long TBT for quite a while and watch it very...
You would think so but this market is heavily manipulated. The Fed is still buying mortgage backed securities and the sellers of those securities...
Ok, your great grandfather put at $20 in a mattress for safekeeping and you pull it out today for spending. That $20 bill was quite a sum back...
I happen to agree with you. When the Fed attempts to take that liquidity back it might get really bad in a hurry. The other scenario might be...
I believe that things will get much much worse but for now things are definitely getting much better....in housing anyway. In my neighborhood,...
:D
Quote from fullblotter: people say that gold has been money for "thousands of years". so what ? sticks used to be money too. they are no...
What central banks are selling part of their inventory? It doesn't take a gold bug to realize that gold has been used as money for thousands of...
There will be intense pressure from China's trading partners to let their currency rise.
I would have paid $450 and made him sue me for the rest. The real problem with health care is that there is no real competition. Insurance...
That clip is more than 6 months old.
Michael Moore is a communist and Americans should be very leery of guys like him. You don't want to promote central planners like him on...
There must have been a ton of people waiting to sell and when the selling started everbody piled on, including me. It has been my experience that...
Along with stocks and the US economy.
Gartman is always trying to get "a little less long" when something is going up and "a little less short" when something is going down. Nothing...
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