[Global financial markets, not any government body, determine long-term interest rates through their bond trading each day. High demand for bonds pushes up their price and drives down their yield, yield being their effective interest rate after factoring in their purchase price. A combination of factors keep driving demand and pushing rates down, forces that have] much more to do with speculation, hedging and politics than . . . with actual investment merit, ... Once these forces reverse, expect bond prices to plunge and interest rates to soar. |
[Perhaps this] borrowing to create cash flow ... The personal 'savings' rate has fallen to a new all time record low of minus 6%. Rather than curtailing consumption, Americans have merely responded to higher gas prices by borrowing more money. Therefore, the immediate damage isn't reduced consumption by increased debt. As a result, the actual damage is only being postponed, but with even greater consequences for future consumption, as not only will Americans be required to pay more for energy tomorrow, they will have to pay interest and principal associated with today's purchases as well. What America has succeeded in creating is not an economy impervious to 'shocks,' but merely one which enables their consequences to be postponed to a later date. Unfortunately, that date may have finally arrived. |
[Perhaps this] borrowing to create cash flow ... The personal 'savings' rate has fallen to a new all time record low of minus 6%. Rather than curtailing consumption, Americans have merely responded to higher gas prices by borrowing more money. Therefore, the immediate damage isn’t reduced consumption by increased debt. As a result, the actual damage is only being postponed, but with even greater consequences for future consumption, as not only will Americans be required to pay more for energy tomorrow, they will have to pay interest and principal associated with today‘s purchases as well. What America has succeeded in creating is not an economy impervious to 'shocks,' but merely one which enables their consequences to be postponed to a later date. Unfortunately, that date may have finally arrived. |
All those commodities are going to have to rise in value as we are in short supply and we are printing too much money. |
Before I came along, it was very difficult for people to invest in foreign stocks and not lose their shirts to the market makers. |
Currencies are losing value and will continue to do so at a rapid pace. |
Fifty-dollar oil is just another stop on the road to much higher crude prices. |
For the typical investor, brokerage firms are slow to react, slow to change and offer the access to these foreign markets. |
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away. |
He's a very dangerous man with some very dangerous ideas. |
I would be upset if I bought a company (stock) on the belief that it was a play on the price of copper. |
It's up to the legislature to determine whether marriage should be extended to same-sex marriage, |
My goal was how can we step back and not focus in on an individual, a school, a league or a district. It really was how can we work together collaboratively to learn from the mistakes. |
Some of the smaller stocks have been moving, but the big stocks are going to take real money to move. |
That shows that big money is not buying, Wall Street does not believe this rally, they are still skeptical and are waiting for the gold price to fall. |