tag:blogger.com,1999:blog-1207581886255094115.post7824113388654054346..comments2024-02-26T05:51:17.859-05:00Comments on Economic Disconnect: Bernanke and the FED: Oblivious or Liars?EconomicDisconnecthttp://www.blogger.com/profile/02802078645713106743noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1207581886255094115.post-75683205922179556062008-01-25T18:42:00.000-05:002008-01-25T18:42:00.000-05:00What if stocks are overvalued (like housing) and t...What if stocks are overvalued (like housing) and the SWF's can`t save them either, plus our benevolent leaders in Washington keep pandering to the people (further dollar decline) instead of doing the right thing.<BR/>I personally still see this as a good bet for PM's.<BR/>But I have to admit that I`m a Jim Puplava fan, and he sees a run up of the market before spiraling into a depression around 2010 (if I understand him correctly). <BR/><BR/>@ Getyourselfconnected, love the charts, I hadn't ran across these before.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-74340827810379632972008-01-25T17:02:00.000-05:002008-01-25T17:02:00.000-05:00Well the bro sold a 1oz gold eagle today. He only ...Well the bro sold a 1oz gold eagle today. He only got Spot price which sucks b/c he paid $25 over spot to get it in the first place. Reason: The dealer said everyone was selling and there was no demand today or this week for that matter. My bro still made out rather well and did good on some silver he had stashed away. All in all it went well and we learned a valuable lesson that premiums on a Eagle didn't matter as a Krugerrand would have fetched the same spot price. Glad I have a few of those South African coins after all. <BR/><BR/>Well on to the job, looks like I didn't get it but I didn't get a call or email for that matter. Will write an email here soon thanking them for the opportunity to interview with a fortune 500 company and that I will continue to apply with their company for a better match.<BR/><BR/>Stocks performed the "DEAD CAT BOUNCE" I posted the other day.<BR/><BR/>Nice when things happen the way you see them playing out. Better play the lottery.<BR/><BR/>Can't wait for todays GETYOURSELFCONNECTED post and for financialsense.com's audio show which posts on Saturday.<BR/><BR/>G<BR/><BR/>PS: Have a great weekend everyone!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-63964689111664514652008-01-25T13:14:00.000-05:002008-01-25T13:14:00.000-05:00At my local coin dealer, he charges a flat $30 fee...At my local coin dealer, he charges a flat $30 fee for re-selling a 1-oz coin. I wonder if that's standard?<BR/><BR/>As for using the unemployment ##s to justify the rate cut, I had notied that too, and seriously wonder about the govt's statistics. In the computer age, with everything just blips on a screen, it's so easy to change reality. Orwell would be impressed. In fact I bet he's rolling in his grave laughing right now!<BR/><BR/>Also, I too have thought into the future and concluded that there is no way interest rates can go up. The economy has been truly disconnected from anything we knew in the past and there is probably no going back. The crash and reset that is needed will not be allowed to happen because it would truly be too destabilizing. So, it's going to be eonomic malaise forever.<BR/><BR/>But, if the asteroid hits this month, the ensuing chaos would give the govt cover to do a better job of re-forming the economy during the 'recovery' period. They had that golden opportunity after 911 and totally fluffed it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-24565252887422132572008-01-25T09:35:00.000-05:002008-01-25T09:35:00.000-05:00Glad to here things are going well for you G.Here ...Glad to here things are going well for you G.<BR/><BR/>Here are a couple of thing to ponder.<BR/><BR/>If the US is going to hyper inflate buying stocks are anything else make since as these will only rise in price. Look at Zimbabwe.<BR/><BR/>Also what if the FED didn't know about this trader and don't lower rates more next Wednesday? <BR/><BR/>KevinAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-90357658275579056352008-01-24T20:47:00.000-05:002008-01-24T20:47:00.000-05:00Haha well I am only 155lbs and could bench 300lbs ...Haha well I am only 155lbs and could bench 300lbs so maybe we can start a tag team?<BR/><BR/>You hit them high and I toss them in the pit they created for this country!<BR/><BR/>GAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-24431086847283300672008-01-24T20:27:00.000-05:002008-01-24T20:27:00.000-05:00Glad to hear you have some prospects even if thing...Glad to hear you have some prospects even if things do not work out tomorrow G!<BR/><BR/>While violence is never the answer, I am a former amateur boxer and to this day only 10 lbs over my fighting weight of 146 pounds, so I am ready to rumble!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-81467824980576392632008-01-24T20:11:00.000-05:002008-01-24T20:11:00.000-05:00Awe guys I am really thankful for the mention on a...Awe guys I am really thankful for the mention on a weekly basis. Yeah the other day while I was sitting across from my coin deal I was taken aback by the high price for the small coin behind the counter but hell looks like I did pretty good in just 3 days. Two quarter oz of gold set me back but it quickly paid off. My brother is going back to the dealer in the morning to liquidate a 1oz gld eagle so lets see how selling back to the dealer works out.<BR/><BR/>Fingers crossed for a job sometime Friday but I have some more aces up my sleeve so it's all good.<BR/><BR/>Watching all the folks on cnbc today just made me laugh. I see the "PLAN" this way:<BR/><BR/>Politicians and Financial Experts throwing wads of money at Americans across the country. Big wads of worthless fiat garbage.<BR/><BR/>Want to fix the problem? Get the author of this blog to beat some sense into capital hill and the fed.<BR/><BR/>GAnonymousnoreply@blogger.com