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No easy answers we're all farked
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pueno



Joined: 03 Mar 2007
Posts: 2641

PostPosted: Wed Feb 20, 2013 1:04 pm    Post subject: Reply with quote

coyotewindsurf wrote:
Yes, all this "Doom and Gloom" is so ... GRRR!
Wink

Be careful... you might annoy Mikey.

And you don't want that............................. do you? Shocked
.
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keycocker



Joined: 10 Jul 2005
Posts: 3334

PostPosted: Thu Feb 21, 2013 4:39 am    Post subject: Reply with quote

One thing you learn living in other countries is that the US is a country to be proud of, warts and all.
Many folks from other places are surprised and pleased by the easygoing banter and friendly style of Americans.
Guys like Iso are actually fairly rare.
Except in Texas. I signed the petition for succession,by the way, to help that group GET OUT.
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slinky



Joined: 24 Aug 2007
Posts: 412
Location: Old Saybrook Ct.

PostPosted: Wed Feb 27, 2013 5:09 pm    Post subject: Reply with quote

Start chilling the champagne! Stock market's looking good! My IRA's doing great! Forget gold at $1597.00 it's down near $300.00 since it's high 18 months ago.
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stevenbard



Joined: 11 Nov 1993
Posts: 4058

PostPosted: Sun Mar 03, 2013 2:07 am    Post subject: Reply with quote

Two interesting examples of what might turn gold around...and fast.

http://www.nytimes.com/2013/03/03/world/middleeast/seized-arms-off-yemen-raise-alarm-over-iran.html

http://www.france24.com/en/20130302-china-fully-prepared-currency-war-banker-0

This is the important stuff that Obama needs to keep his eye on. Not devisive politics. China is shipping arms to Iran, while threatening a currency war. We are still printing money and deficit spending while other major players continue to print money. I'm not a gold bug, but certainly think hard assets are a good thing.
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isobars



Joined: 12 Dec 1999
Posts: 14050

PostPosted: Sun Mar 03, 2013 4:59 pm    Post subject: Reply with quote

One of the financial forecast agencies that nailed the 2008 collapse expects a 40%-60% drop across the market spectrum by summer, followed by a gold explosion in the fall. He backs that up with a very broad range of both fundamental and technical rationale. I'm not betting the farm on anyone's forecasts, but I'm sure betting some parcels here and there. Obama has stated under repeated public questioning (ABC, Gibson) that the economy means much less to him than taking money from those who earned it and giving it to those who won't or can't. We're on our own.
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pueno



Joined: 03 Mar 2007
Posts: 2641

PostPosted: Sun Mar 03, 2013 6:04 pm    Post subject: Reply with quote

Mikey wrote:
Obama has stated under repeated public questioning (ABC, Gibson) that the economy means much less to him than taking money from those who earned it and giving it to those who won't or can't.

Oh, man, he wouldn't do that, would he? Give people free cash handouts?


. . . . . . . . . . . . . . . . . . . . . . Shocked


Like those free unearned disability cash payments?
.
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isobars



Joined: 12 Dec 1999
Posts: 14050

PostPosted: Wed Mar 06, 2013 11:09 am    Post subject: Reply with quote

OMG!
Now we're REALLY farked. Hugo Chavez's replacement is a UNION MAN!
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DanWeiss



Joined: 24 Jun 2008
Posts: 1933
Location: Connecticut, USA

PostPosted: Wed Mar 06, 2013 11:16 am    Post subject: Reply with quote

isobars wrote:
OMG!
Now we're REALLY farked. Hugo Chavez's replacement is a UNION MAN!


Sorry, but would you please repost? The font size you selected appears to be too small for my 1680 x 1050 screen to process.

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boggsman1



Joined: 24 Jun 2002
Posts: 3512
Location: at a computer

PostPosted: Thu Mar 07, 2013 10:10 am    Post subject: Reply with quote

1543...still NOT farked.
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isobars



Joined: 12 Dec 1999
Posts: 14050

PostPosted: Thu Mar 07, 2013 5:45 pm    Post subject: Reply with quote

Banner headlines today: "Market Rewarded Those Who Stuck it Out"

Not unless they sell while it's still up.
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