Comments on: Economic Recovery: The Unresolved Mysteries http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 03:39:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Roelof Snyders http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-52043 Roelof Snyders Sun, 07 Feb 2010 13:33:38 +0000 http://dailyreckoning.com/?p=22713#comment-52043 Never in my life have I been more confused by other's regarding the economy of America. Everyone appears on TV shouts about the end of the depression, however, reading the other's than all the American economists, Benanke and the rest are stupid fools doing a clowns job. Can it really be true or are we just as stupid as the rest, just seeing it from the other side and trying to create more confusion than having answers. What will happen in this new era cannot be as dark and "sinfull" as what I read above. May be if you guys are correct, the only 2 options will be - Gold as a replacement for Fiat currencies and war to get everyone back to the reality of making a living. Never in my life have I been more confused by other’s regarding the economy of America. Everyone appears on TV shouts about the end of the depression, however, reading the other’s than all the American economists, Benanke and the rest are stupid fools doing a clowns job. Can it really be true or are we just as stupid as the rest, just seeing it from the other side and trying to create more confusion than having answers. What will happen in this new era cannot be as dark and “sinfull” as what I read above. May be if you guys are correct, the only 2 options will be – Gold as a replacement for Fiat currencies and war to get everyone back to the reality of making a living.

]]> By: Sundance http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51661 Sundance Thu, 04 Feb 2010 17:09:26 +0000 http://dailyreckoning.com/?p=22713#comment-51661 lol. Harry is on the nerves. Cheer up Harry. Remember Dow 20000 by the end of the year, right. Wish you well until then. lol. Harry is on the nerves. Cheer up Harry. Remember Dow 20000 by the end of the year, right. Wish you well until then.

]]> By: teresa http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51512 teresa Wed, 03 Feb 2010 17:32:44 +0000 http://dailyreckoning.com/?p=22713#comment-51512 Bill, entire noise of recovery, "economists" show & tell, media celebrations of about to happen overheating growth... all these are desperate steps supported by Gov. to prevent and spread panic on the street I don't believe most economists are just idiots, perhaps there is not enough courage? Bill,
entire noise of recovery, “economists” show & tell, media celebrations of about to happen overheating growth… all these are desperate steps supported by Gov. to prevent and spread panic on the street

I don’t believe most economists are just idiots, perhaps there is not enough courage?

]]> By: Lost & Found http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51500 Lost & Found Wed, 03 Feb 2010 15:24:14 +0000 http://dailyreckoning.com/?p=22713#comment-51500 In the long run, that is. In the long run, that is.

]]> By: Lost & Found http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51499 Lost & Found Wed, 03 Feb 2010 15:23:48 +0000 http://dailyreckoning.com/?p=22713#comment-51499 The markets are rigged for everybody, though China is about to change that. The markets are rigged for everybody, though China is about to change that.

]]> By: Trent http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51488 Trent Wed, 03 Feb 2010 13:26:50 +0000 http://dailyreckoning.com/?p=22713#comment-51488 hey harry lets do alittle morning mind exercise: 1970 high school graduate working in a steel mill making 50K+ and getting a fine health plan, 2009 high school graduate making 8 dollars an hour at walmart with hardly any health plan! Now that's what i call progress, not to mention when inflation is factored in (and i mean real inflation www.shadowstats.com) its more like 5 dollars an hour. So yes go buy an ipod that some poor guy in china sold to Steve Jobs for 15 bucks and you can give him his disgusting profit margin and a stock that is still over valued, i remember when apple was on the verge of bankruptcy and bill gates was looking to buy, the pendulum will swing back hey harry lets do alittle morning mind exercise: 1970 high school graduate working in a steel mill making 50K+ and getting a fine health plan, 2009 high school graduate making 8 dollars an hour at walmart with hardly any health plan! Now that’s what i call progress, not to mention when inflation is factored in (and i mean real inflation http://www.shadowstats.com) its more like 5 dollars an hour. So yes go buy an ipod that some poor guy in china sold to Steve Jobs for 15 bucks and you can give him his disgusting profit margin and a stock that is still over valued, i remember when apple was on the verge of bankruptcy and bill gates was looking to buy, the pendulum will swing back

]]> By: Barry http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51463 Barry Wed, 03 Feb 2010 07:43:15 +0000 http://dailyreckoning.com/?p=22713#comment-51463 Yeah! Back up the truck and get rich. As GM goes, so goes the nation... err... sorry.... now it's, As Apple goes, so goes the nation! Glad I got Apple at 15. What a bargain it was in the 90s. Just think... a GM could get you to work for many years, but with a Mac you can TELECOMMUTE to work in fruity style! Apple is the new GM.... if you still have a job, of course. If not, then you have a beautiful paperweight, but at least you don't need collision insurance on your iPad. (or maybe you do). You people just won't get rich in equities because you keep missing the bottom. Time to get rich! Or maybe you won't get rich in equities b/c the markets are rigged for short-sellers and you will never outsmart the cons at Gubbament Sachs who use high-speed computers/internet connection to front run, place and cancel orders to find our your bid/sell prices, and then take advantage of you. No, over time no one can do well in those circumstances. The market is a mechanism to separate you from your money. So alas, I did not hold on to my Apple to its current high. I got some splits and got out at 45 if I recall. Then I took my funds and got an education and bought precious metals. I also could sleep well over the past decade. Good luck with those equities. How do you like dem apples? Yeah! Back up the truck and get rich. As GM goes, so goes the nation… err… sorry…. now it’s, As Apple goes, so goes the nation!

Glad I got Apple at 15. What a bargain it was in the 90s.

Just think… a GM could get you to work for many years, but with a Mac you can TELECOMMUTE to work in fruity style! Apple is the new GM…. if you still have a job, of course. If not, then you have a beautiful paperweight, but at least you don’t need collision insurance on your iPad. (or maybe you do).

You people just won’t get rich in equities because you keep missing the bottom. Time to get rich!

Or maybe you won’t get rich in equities b/c the markets are rigged for short-sellers and you will never outsmart the cons at Gubbament Sachs who use high-speed computers/internet connection to front run, place and cancel orders to find our your bid/sell prices, and then take advantage of you. No, over time no one can do well in those circumstances. The market is a mechanism to separate you from your money.

So alas, I did not hold on to my Apple to its current high. I got some splits and got out at 45 if I recall. Then I took my funds and got an education and bought precious metals. I also could sleep well over the past decade.

Good luck with those equities.

How do you like dem apples?

]]> By: Harry http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51460 Harry Wed, 03 Feb 2010 06:41:12 +0000 http://dailyreckoning.com/?p=22713#comment-51460 Been adding AAPL as you should too. This is hysterical to watch you clowns get suckered into a sour doomsday scenario...again. Every single economic indicator is not only pointing toward growth, but strong growth. These are times to celebrate, not to whine like a bunch of old has beens. Which is exactly who our dear author has shown himself to be! You people are ridiculously simple minded and naive. Been adding AAPL as you should too. This is hysterical to watch you clowns get suckered into a sour doomsday scenario…again. Every single economic indicator is not only pointing toward growth, but strong growth.

These are times to celebrate, not to whine like a bunch of old has beens. Which is exactly who our dear author has shown himself to be!

You people are ridiculously simple minded and naive.

]]> By: Rick Halsen http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51444 Rick Halsen Wed, 03 Feb 2010 03:18:33 +0000 http://dailyreckoning.com/?p=22713#comment-51444 Trent.... I agree. But what I meant here is that due to monetization oil prices will continue to climb due to continued debasement of the dollar through the printing press. Of course this is hardly the free market at work there. Also, it still costs 'x' amount to extract that oil regardless of what economically is going on around it. Oil had that spike back then due to exuberant speculation forces at work. But they couldn't hold up because free market forces (demand) wouldn't support them. But yes again I agree with you that oil is less free market driven than most commodities due to cartel price fixing. But even cartels cannot increase demand as it were. Bottomline: productive demand increases for the long run when free market forces are allowed to operate without interference from artficial governmental devices and other manipulative schemes. The banks can play speculative games with oil and other commodities all they want. They will have their short term pyrrhic victories but don't confuse those with long term trends driven by irrefutable free market forces - principally that which consists of real demand. There is nothing that can replace the free market for the long term. It is the only way that works without ultimately killing the host. RH Trent….

I agree. But what I meant here is that due to monetization oil prices will continue to climb due to continued debasement of the dollar through the printing press. Of course this is hardly the free market at work there. Also, it still costs ‘x’ amount to extract that oil regardless of what economically is going on around it.

Oil had that spike back then due to exuberant speculation forces at work. But they couldn’t hold up because free market forces (demand) wouldn’t support them. But yes again I agree with you that oil is less free market driven than most commodities due to cartel price fixing. But even cartels cannot increase demand as it were.

Bottomline: productive demand increases for the long run when free market forces are allowed to operate without interference from artficial governmental devices and other manipulative schemes. The banks can play speculative games with oil and other commodities all they want. They will have their short term pyrrhic victories but don’t confuse those with long term trends driven by irrefutable free market forces – principally that which consists of real demand. There is nothing that can replace the free market for the long term. It is the only way that works without ultimately killing the host.

RH

]]> By: Trent http://dailyreckoning.com/economic-recovery-the-unresolved-mysteries/#comment-51424 Trent Wed, 03 Feb 2010 00:45:31 +0000 http://dailyreckoning.com/?p=22713#comment-51424 Hey rick i have my doubts about oil prices being a free market system. When oil was 160 dollars a pop a few years back they said that it was because of demand, but really the banks were just looking for places to park their essentially free money because housing was tanking and they were done cutting people loans, so hence they put it in oil. Now demand really is down and oil is nowhere near where it should be, but its the same old story again, banks have tons of free money from the fed and they need to park it somewhere, and since consumers are down for the count, what better place than commidities? Hey rick i have my doubts about oil prices being a free market system. When oil was 160 dollars a pop a few years back they said that it was because of demand, but really the banks were just looking for places to park their essentially free money because housing was tanking and they were done cutting people loans, so hence they put it in oil. Now demand really is down and oil is nowhere near where it should be, but its the same old story again, banks have tons of free money from the fed and they need to park it somewhere, and since consumers are down for the count, what better place than commidities?

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