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Anthony Mirhaydari sounds like Obama! He goes through all this crap about banks and then states the the only solution is that politicians around the world get their government houses in financial order to prevent anymore downgrades! Then the very next paragraph he states they need to do more stimulus, more monetary e...more
Replacing the paper dollar with a cheap non-monetary coin is an admission that our currency has no real value! If you use the logic that our government can save money by minting worthless coins over worthless paper money why not replace the $5, $10, $20, $50, and $100 bills with small worthless coins too! It's all co...more
Look at all the saber rattling about Iran. What do you think this is going to do for gold? Iran is threating to shut down a big chunk of the world's oil supply. Oil prices will skyrocket threating to push the world economy into recession which will mean even more money printing to keep things falsely pumped up. To ...more
I bought a bunch of gold at $320 an ounce a long time ago. You think I'm going to sell it now because of a little dip? Hell no way! It's turned out to be the best investment I have ever made. Give it another 5 or 10 years and see were it is at! Probably at least double of it's price today!
Some say you can't ea...more
I disagree with Anthony Mirhaydari strongly!
"The current predicament combines all these things into one fantasy, a delusion shared by elements of the Tea Party as well as the pushers of austerity in France and Germany:" and "I'll say it again: You can't cut your way to prosperity."
The opposite of the author's a...more
Boeing should have made jigs for each part that has to fit something else and then sent them to their suppliers. If the part fits the jig, then they should fit the plane! Really simple! Drawings can only take the process so far!
This simple mistake has cost the company billions! Heads should rolll!
"...but only North Dakota and Oregon forbid deficiency judgments of any kind."
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Bet it is hard to get a home loan in those two states! That's what happens when all the do-gooders try to protect the borrower! Just make everyone suffer in the process and tank the economy too!
10/5/2010
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