10-year interest rates were around 9% back in 1987.  Charley mentions interest rates in the article but I don't think he puts strong enough emphasis on it.  Anytime you have interest rates above the 6-7% range, you'd be crazy to buy into a market where the overall PE is higher than 15.  This is not just opinion, it's b...more

Well, what do you expect?  The boy is obsessed with your "strong point".  HA HA HA HA!

Hey look, a douchebag gets a teabag while jumping on a windbag! :D

Ouch!  I'm feeling kind of sorry for Anthony at this point so I will abstain from stating the obvious.

"First, dividends are taxed twice once at the company level and next at the investor. "   Dividends are taxed ONCE at the company level and again to the shareholders, idiot.  Unless you are incorporated as an S-Corporation (my old company), in which case all profits are taxed only once, to the shareholders, including...more

"this is the same azzhole that today suggested we limit US oil production "....   No he didn't.  What planet are you on?  What a stupid a-hole you are!  I bet you are one of fatboy's numerous online personas.  Get a life, loser.

Warren Buffet is considered the most successful investor of the 20th century.  wtf is VL even doing on these boards?!?  He should be trolling socialist blogs.  Clearly this cretin is anti-investor and very anti-american!

"Although none of you can see it, the Fed is starting to signal that that process might begin very soon. "   As if Fatty has super powers to predict the future and read the minds of "the Fed".  What a complete imbecile this person is.  I feel sorry for him, seriously.  The Fed has already provided a criteria for the ...more

I agree with Buffet, but Mr Fat Cat is an idiot.  It's clear from his post he is completely confused about the way the federal reserve system works or about fractional reserve banking.  Federal "Reserves" are not some finite resource, sitting in a vault somewhere, ready to be traded for other assets, you imbecile!   ...more