lnardozi

Loading...
Symbols:
Authors:
comments5
  • Positive ratings +3
  • Negative ratings -2
  • Net rating +1 or 60 %
Filter comments by:
Highest rated Latest comments
Or filter by symbol:

Latest Comments
5 Comments

    • Thu Dec 4th 01:43 AM
      |
      Rating: 0 -2
      Commented on:
      The American Crisis and the Case for an Inflationary Depression
      Untrue - the value in gold lies in the effort to get it our of the ground and refine it. There is a certain labor involved at this time, and more labor involved the further back you go. You have to find it, mine it, smelt it, refine it and cast or stamp it. Each part of the process costs money and it is that value that is represented in the price of gold.


      On Dec 03 10:04 AM TimT wrote:

      > Probably a smart man but clearly lacking in any kind of wise judgement.
      > He uses good facts but his obvious internal personal bias causes
      > him to come to extreme and wrong conclusions. Gold only has value
      > because people perceive it to have value--no different from fiat
      > money.
      View article »
    • Thu Dec 4th 01:35 AM
      |
      Rating: +3 0
      Commented on:
      The American Crisis and the Case for an Inflationary Depression
      Well that's stupid. Money doesn't have to be borrowed to be printed. You're thinking of T-Bills. They can simply create money supply without the bother of selling T-Bills. Perfectly acceptable, just leads to hyperinflation.


      On Dec 03 08:42 AM CLH wrote:

      > You are delusionary. There is no possible way to make a deflation
      > into inflation by magic. Print money? Not possible because no one
      > will borrow it.
      >
      > This is a deflation (like Japan had) which is caused by the elimination
      > of debt which causes the disappearance of money.
      View article »
    • Mon Sep 15th 21:47 PM
      |
      Rating: 0 0
      Commented on:
      Law of Supply & Demand Is Dead for Gold & Silver
      Here's the thing that gets me - all these intelligent comments and yet not one answers the 'What if I'm right/wrong' dichotomy. If I buy gold because I think the economy might collapse or hyperinflation might occur and I'm right - I'll have a literally priceless cache of real value I can use to build real wealth as opposed to worthless paper. If I'm wrong, I might still make a fair amount of money. At worst, my money will diminish slightly and I will have lost the opportunity to make some profits - maybe 10% a year.

      Just curious, but to you which is the worst worst case scenario? Which is the best best case scenario?
      View article »
    • Sun Aug 10th 10:58 AM
      |
      Rating: 0 0
      Commented on:
      The Year Ahead For US Wind
      The implication is that wind turbines cause local climate change, including changes in rain patterns. Duh. I don't need a hint to figure that out. If you think the media won't bury it if they are told to you're goofy. Rich people are getting paid from the government on wind and it won't stop until the next program is unveiled for the elect. It's all about tax breaks. Until there is a fair tax (NOT the FairTax) rich people will get all the breaks and regular people will pay for them.
      View article »
    • Sun Jun 8th 11:31 AM
      |
      Rating: 0 0
      Commented on:
      On a Disastrous Jobs Number, Recession is Obvious
      Funny you should mention the '70s plaasjaapie. That's exactly where we're headed. Hop you enjoy the 20% interest rates and the death of the construction and RE industries. In fact we'll be LUCKY if it's just like the '70s and not a total collapse of the dollar. Meanwhile the one person who could actually HELP us is being laughed off the stage due to interference by the people who benefit by the collapse of the dollar. You want to do something for youself for a change, make sure it's Ron Paul and not McWar who gets the Republican nomination. Small businesses are 70% of the economy and no one is friendlier to small businesses than Paul.
      View article »