Comments on: Is America Overstretched? http://dailyreckoning.com/is-america-overstretched/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sun, 21 Mar 2010 03:53:04 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Michael http://dailyreckoning.com/is-america-overstretched/#comment-12867 Michael Thu, 25 Jun 2009 00:15:52 +0000 http://dailyreckoning.com/?p=15576#comment-12867 Very good article. In my opinion, it is all a matter of market timing. It does not matter if it is gold, oil, or Microsoft, if you have access to good market timing signals, they will help you get in and out at a profit. No guarantees in this business, but if they are right most of the time, you can still make $s. There are may web sites providing them out there (search Google). Just find one that works and use it! Check out http://invetrics.com as an example. Its Dow Jones timing signals are up 44.7% as of 6/24/09 while the Dow is up just 26% off its March lows. Following a market timing system works! Very good article.

In my opinion, it is all a matter of market timing. It does not matter if it is gold, oil, or Microsoft, if you have access to good market timing signals, they will help you get in and out at a profit.

No guarantees in this business, but if they are right most of the time, you can still make $s.

There are may web sites providing them out there (search Google). Just find one that works and use it! Check out http://invetrics.com as an example.

Its Dow Jones timing signals are up 44.7% as of 6/24/09 while the Dow is up just 26% off its March lows.

Following a market timing system works!

]]> By: Kevin Nay http://dailyreckoning.com/is-america-overstretched/#comment-8009 Kevin Nay Wed, 13 May 2009 19:52:32 +0000 http://dailyreckoning.com/?p=15576#comment-8009 none at this time. none at this time.

]]> By: Thor http://dailyreckoning.com/is-america-overstretched/#comment-7990 Thor Wed, 13 May 2009 15:37:11 +0000 http://dailyreckoning.com/?p=15576#comment-7990 so a problem started by Carter accelerated by Clinton and maintained at first by Bush is all Bush's fault? Bush and McCain tried to call the Democratic congress' attention to Fannie and Freddie's looming demise. Lets not forget that Obama working with Acorn has blood on his hands as well. If history is rewritten when you speak then how can we have faith in your pronostication of the future? And since you are also blind to the goals of the Islamo-Fascists I suggest you hug your gold while you still can. so a problem started by Carter accelerated by Clinton and maintained at first by Bush is all Bush’s fault? Bush and McCain tried to call the Democratic congress’ attention to Fannie and Freddie’s looming demise. Lets not forget that Obama working with Acorn has blood on his hands as well. If history is rewritten when you speak then how can we have faith in your pronostication of the future? And since you are also blind to the goals of the Islamo-Fascists I suggest you hug your gold while you still can.

]]> By: Colin Bond http://dailyreckoning.com/is-america-overstretched/#comment-7984 Colin Bond Wed, 13 May 2009 14:38:08 +0000 http://dailyreckoning.com/?p=15576#comment-7984 I love the DailyReckoning and Bill Bonner in particular. The odd call may have been wrong, but the over view is a beacon of light, witty and deeply insightful. Most people feed off of the fodder of the concensus, populous, nanny state 'this is what we want you to believe' mis-information. I trade my own account and have Gold and Silver (for the last 4 years) only becoz of the DR. God Bless. I love the DailyReckoning and Bill Bonner in particular. The odd call may have been wrong, but the over view is a beacon of light, witty and deeply insightful. Most people feed off of the fodder of the concensus, populous, nanny state ‘this is what we want you to believe’ mis-information. I trade my own account and have Gold and Silver (for the last 4 years) only becoz of the DR. God Bless.

]]> By: Ed Gonzo http://dailyreckoning.com/is-america-overstretched/#comment-7935 Ed Gonzo Wed, 13 May 2009 02:00:25 +0000 http://dailyreckoning.com/?p=15576#comment-7935 As usual, Mr. Bonner is insightful, but we have to disagree this time. We believe Obama is doing what he HAS to do. The government has become too entangled in the Economy, that a cut in budget such as proposed, coupled with the major banks’ liquidation, and the feedback by the loss of revenue from taxes, would turn the USA (and good part of the world with it) into a living hell. Think riots and secession. The contraction in GDP that would ensue would offset anything imagined or seen before. My point is: the correction would be WAY too strong and vast; it would be too disruptive, socially speaking. In other words, the Bubble has become too big to be swallowed without great danger to social stability. Furthermore, the USA would have to quit both wars immediately (or worse, keep few troops to accomplish the impossible and be crushed in the process!), and that would send a message of weakness to the world, that the USA wouldn't risk. So they took the “easy” path: inflate the currency and destroy it slowly. Preserve the US social fabric, its international prestige, or what’s left of it after GWB. The correction, left alone, would do the same destruction, but in hours, by deflation. A society can endure years of hardship, but not condensed in few hours of apocalypse. So, in my humble view, he had no choice really. The really NICE question: what will happen when the world’s reserve currency is debased by hyperinflation? Hmmm…makes one wonder. When this correction can no longer be withheld, we’re in for a VERY interesting time. As usual, Mr. Bonner is insightful, but we have to disagree this time.

We believe Obama is doing what he HAS to do.

The government has become too entangled in the Economy, that a cut in budget such as proposed, coupled with the major banks’ liquidation, and the feedback by the loss of revenue from taxes, would turn the USA (and good part of the world with it) into a living hell. Think riots and secession.

The contraction in GDP that would ensue would offset anything imagined or seen before. My point is: the correction would be WAY too strong and vast; it would be too disruptive, socially speaking. In other words, the Bubble has become too big to be swallowed without great danger to social stability.

Furthermore, the USA would have to quit both wars immediately (or worse, keep few troops to accomplish the impossible and be crushed in the process!), and that would send a message of weakness to the world, that the USA wouldn’t risk.

So they took the “easy” path: inflate the currency and destroy it slowly. Preserve the US social fabric, its international prestige, or what’s left of it after GWB. The correction, left alone, would do the same destruction, but in hours, by deflation. A society can endure years of hardship, but not condensed in few hours of apocalypse.

So, in my humble view, he had no choice really.

The really NICE question: what will happen when the world’s reserve currency is debased by hyperinflation? Hmmm…makes one wonder. When this correction can no longer be withheld, we’re in for a VERY interesting time.

]]> By: Bloomer http://dailyreckoning.com/is-america-overstretched/#comment-7934 Bloomer Wed, 13 May 2009 01:40:23 +0000 http://dailyreckoning.com/?p=15576#comment-7934 Oh how I wish we could let the banks go bust. But the global financial complex is so intertwined with not only each other but also with each and every going concern on the globe. Our problems are so structural in nature that creative destruction would result in complete destruction. Quantitative easing on the other hand is simply "death by a thousand cuts". So what is the solution? There isn't any. Sorry, the buffalo are all gone. Oh how I wish we could let the banks go bust. But the global financial complex is so intertwined with not only each other but also with each and every going concern on the globe. Our problems are so structural in nature that creative destruction would result in complete destruction. Quantitative easing on the other hand is simply “death by a thousand cuts”. So what is the solution? There isn’t any. Sorry, the buffalo are all gone.

]]> By: Mike E http://dailyreckoning.com/is-america-overstretched/#comment-7927 Mike E Wed, 13 May 2009 00:44:10 +0000 http://dailyreckoning.com/?p=15576#comment-7927 Hey lainvdoll.... I asked you the other day on another post, what are your thoughts on the marginal utility of debt? GO to Financial Sense on line and check out the article by Fekete and let me know.. Hey lainvdoll….

I asked you the other day on another post, what are your thoughts on the marginal utility of debt? GO to Financial Sense on line and check out the article by Fekete and let me know..

]]> By: lainvestorgirl http://dailyreckoning.com/is-america-overstretched/#comment-7925 lainvestorgirl Wed, 13 May 2009 00:20:32 +0000 http://dailyreckoning.com/?p=15576#comment-7925 Argh, why did that one go through? Argh, why did that one go through?

]]> By: lainvestorgril http://dailyreckoning.com/is-america-overstretched/#comment-7924 lainvestorgril Wed, 13 May 2009 00:20:00 +0000 http://dailyreckoning.com/?p=15576#comment-7924 I give up, my comments won't post. I give up, my comments won’t post.

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