Comments on: GM and US Going Broke http://dailyreckoning.com/gm-and-us-going-broke/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sat, 26 May 2012 18:05:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jim Lorenz http://dailyreckoning.com/gm-and-us-going-broke/#comment-8349 Jim Lorenz Sun, 17 May 2009 06:42:00 +0000 http://dailyreckoning.com/?p=15611#comment-8349 Gary Lammert USA; Very well said, but let me be blunt and frank: There are three (3) key words that should be the concern of all: Gold, guns & groceries. It may very well be that the disaster will hasten the day that Austrian economics is seen as the best and most stable corrective; until then be good Scouts and be prepared. It may take awhile with a high risk of "a man on a white horse" promising the'cure.' If you want to prevent family & friends from sponging on you after the fall better educate them now. Very soon these will be the "good old days." Gary Lammert USA; Very well said, but let me be blunt and frank: There are three (3) key words that should be the concern of all: Gold, guns & groceries.
It may very well be that the disaster will hasten the day that Austrian economics is seen as the best and most stable corrective; until then be good Scouts and be prepared. It may take awhile with a high risk of “a man on a white horse” promising the’cure.’
If you want to prevent family & friends from sponging on you after the fall better educate them now.
Very soon these will be the “good old days.”

]]> By: Gary Lammert USA http://dailyreckoning.com/gm-and-us-going-broke/#comment-8067 Gary Lammert USA Thu, 14 May 2009 10:39:01 +0000 http://dailyreckoning.com/?p=15611#comment-8067 Transitioning from observer to problem solver... Asset valuation decline based on contracting real money supply of the real economy and escalating debt default in the real economy are following very regular well defined quantum fractal progression consistent with the science of saturation macroeconomics. A new nonlinear low for equities and commodities will reach another nadir point in July 2009. GM represents the real economy. How great the social political chaos of the microcosm collapse of GM and how much greater the implications of the macrocosm inevitable financial bankruptcy of the United States. Perhaps the passive observers who predicted this qualitatively (Mr. Bonner et. al) and quantitatively in the science of saturation macroeconomics should become proactive in recommending remedies or future state financial and monetary policy? Perhaps this is too large an order and very likely a Quixotian project with the reality of reelectable politicians, lawyers, and electronic financial industrialists who make their money by understanding saturation curves and highlighting oppositional news at valuation inflection points.. The science of saturation macroeconomics is real. Perhaps this can be the quantitative basis for a world appreciation of Austrian economics with policies consistent with the that science's definitions of limitations of debt expansion, asset over production, and asset over valuation. Transitioning from observer to problem solver…

Asset valuation decline based on contracting real money supply of the real economy and escalating debt default in the real economy are following very regular well defined quantum fractal progression consistent with the science of saturation macroeconomics. A new nonlinear low for equities and commodities will reach another nadir point in July 2009.

GM represents the real economy. How great the social political chaos of the microcosm collapse of GM and how much greater the implications of the macrocosm inevitable financial bankruptcy of the United States.

Perhaps the passive observers who predicted this qualitatively (Mr. Bonner et. al) and quantitatively in the science of saturation macroeconomics should become proactive in recommending remedies or future state financial and monetary policy? Perhaps this is too large an order and very likely a Quixotian project with the reality of reelectable politicians, lawyers, and electronic financial industrialists who make their money by understanding saturation curves and highlighting oppositional news at valuation inflection points..

The science of saturation macroeconomics is real. Perhaps this can be the quantitative basis for a world appreciation of Austrian economics with policies consistent with the that science’s definitions of limitations of debt expansion, asset over production, and asset over valuation.

]]> By: Dennis (EU) http://dailyreckoning.com/gm-and-us-going-broke/#comment-8061 Dennis (EU) Thu, 14 May 2009 09:12:53 +0000 http://dailyreckoning.com/?p=15611#comment-8061 In the nineties the party was too good to end, now, in the 3rd millenium, it is too late to end. So...Treasuries worldwide will spend until death...death of the actual system...but we will still be alive! So...basically the leaders are buying us time...time to prepare...thanks! In the nineties the party was too good to end, now, in the 3rd millenium, it is too late to end. So…Treasuries worldwide will spend until death…death of the actual system…but we will still be alive!
So…basically the leaders are buying us time…time to prepare…thanks!

]]> By: chris peters http://dailyreckoning.com/gm-and-us-going-broke/#comment-8055 chris peters Thu, 14 May 2009 08:18:25 +0000 http://dailyreckoning.com/?p=15611#comment-8055 as long as oil trades in dollars....... as long as oil trades in dollars…….

]]> By: tony bonn http://dailyreckoning.com/gm-and-us-going-broke/#comment-8052 tony bonn Thu, 14 May 2009 06:39:37 +0000 http://dailyreckoning.com/?p=15611#comment-8052 actually the reason why the usa treasury manipulates gold prices down is because rising gold prices provide an alternative to bonds....when bond returns are lower than what could be had by appreciating gold then the government cannot sell its bonds as easily and will thus sell at steeper and steeper discounts until equilibrium is reached again. of course those increasing discounts represent higher interest rates. it is true that if gold rises strongly it will divert some money from the stock markets but the real focus of government is on its bonds. there is a gold cartel led by goldman-sachs, morgan stanley, deutche bank, and jp morgan chase which suppresses the price of gold. this is documented on gata.org.... the government doesn't care what gets sucked out of the stock market as long as it gets its share which is never satisfied until it reaches 100%. actually the reason why the usa treasury manipulates gold prices down is because rising gold prices provide an alternative to bonds….when bond returns are lower than what could be had by appreciating gold then the government cannot sell its bonds as easily and will thus sell at steeper and steeper discounts until equilibrium is reached again. of course those increasing discounts represent higher interest rates.

it is true that if gold rises strongly it will divert some money from the stock markets but the real focus of government is on its bonds.

there is a gold cartel led by goldman-sachs, morgan stanley, deutche bank, and jp morgan chase which suppresses the price of gold. this is documented on gata.org….

the government doesn’t care what gets sucked out of the stock market as long as it gets its share which is never satisfied until it reaches 100%.

]]> By: nincompoop http://dailyreckoning.com/gm-and-us-going-broke/#comment-8031 nincompoop Thu, 14 May 2009 00:25:15 +0000 http://dailyreckoning.com/?p=15611#comment-8031 There are two things which the governments and central banks cannot tolerate and that is a rise in the interest rates or the price of gold. The r eason is if either of these things occurs it will suck the money out of the stock market except for firms which pay dividends over and above the interest rate. If the market goes down the pension funds and mutual funds go down with it. Thank you There are two things which the governments and central banks cannot tolerate and that is a rise in the interest rates or the price of gold. The r eason is if either of these things occurs it will suck the money out of the stock market except for firms which pay dividends over and above the interest rate. If the market goes down the pension funds and mutual funds go down with it. Thank you

]]>