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I hear this nonsense every time gold drops in price; however, I'll still take an ounce of gold over it's dollar equivalent. These dips in the price of gold are just opportunities for me to buy more. I started buying gold when it was around 1000 dollars and I haven't done too bad on that deal even with these sporadic...more
Long term, gold will correct, a la 1983.
Short term, I can imagine debt fears to drive it up some more. Wouldn't pour any new money into it though, and would advise everyone to get out the next time it peaks. Better a year early then a year late on this one...
Doug, yours is PRECISELY the SOCIALIST approach I fear. You present one of the best cases for moving a plant overseas I have ever heard. You certainly present a great case for holding and investing overseas. Invest in America and we will take what you build for our socialist cause. Spoken like a card carrying Dem...more
Tell you what gamer, let's tax them at 40% of that $50 billion. So they write a check to the US Treasury for $20 billion. Now don't forget, the fed gov is spending about $4.5 billion more per day than they are taking in. So that $20 billion buys us less than 5 days of being back to even. Where are you gonna get the...more
agree. Ever remember a recovery that didn't sneak up on everyone? By the time anyone noticed, it was too late. We always see headlines about layoffs, rarely about hiring.
Ironic you mentioned that, as a factory near my just won a contract to make Batteries for Toyota, and plans to expand by 556 workers this year. ...more
Yes! But holding those responsible responsible, allowing those that failed to fail, and the ending of funding of those that don't deserve it!And yet, I've yet to hear a single person explain how the economy could recover if GM and the banking industry had been allowed to go under. The bailouts were a sad, but necessa...more
yeah, lt's just ignore that last 3 years, the rating downgrade, unemployment, the value of the dollar, the Arab Spring, London, Syria, Libya, and on and on and on.
90% of that has nothing to do with the greater economy. The only one even remotly relevent is unemployment, which is easy to solve: Federal Work Program....more
8/23/2011
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