Comments on: Standing at the Gates of Economic Hell http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 23:16:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Robert http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-12010 Robert Tue, 16 Jun 2009 00:04:29 +0000 http://dailyreckoning.com/?p=16308#comment-12010 Where/how do you get a 130 pe for SP 500? When I divide the $45.95 into current S&P 940, I get a P-E Ratio of 20.46, not 130. What am I missing? Where/how do you get a 130 pe for SP 500? When I divide the $45.95 into current S&P 940, I get a P-E Ratio of 20.46, not 130. What am I missing?

]]> By: Don ACE Meis http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-11295 Don ACE Meis Sat, 13 Jun 2009 21:46:02 +0000 http://dailyreckoning.com/?p=16308#comment-11295 OGO (Oh Great One) Too bad I didn't buy it. ACE OGO (Oh Great One)
Too bad I didn’t buy it.
ACE

]]> By: Don ACE Meis http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-11294 Don ACE Meis Sat, 13 Jun 2009 21:44:26 +0000 http://dailyreckoning.com/?p=16308#comment-11294 Mo, you done grand. My oil, gold, silver, uranium and foreign coal is up 40% since February. YATM You Are The Most ACE Mo, you done grand. My oil, gold, silver, uranium and foreign coal is up 40% since February.
YATM You Are The Most
ACE

]]> By: junior ranger mick http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-11035 junior ranger mick Thu, 11 Jun 2009 10:03:39 +0000 http://dailyreckoning.com/?p=16308#comment-11035 Oh Mighty Mogambo, My lord Mogambo, I don't know how to tell you this, but your piece dated 06/04/09 in which was stated that Krugers, Philys and Eagles have a different fine gold content is, er, excuse my insolence oh Mighty One, well, er, erm, wrong. All one ounce bullion coins contain exactly one ounce of fine gold weighing 31.1035g, the Krugers also have some other hardening metal making them a bit heavier, but they still contain 1 troy ounce of fine gold. Forgive my insolence, I'm sure this was a deliberate ploy on your part to make a worthless junior ranger like myself feel less amoeba-like by contacting the MMMG (Mighty Mighty Mogambo Guru). Oh Mighty Mogambo,

My lord Mogambo, I don’t know how to tell you this, but your piece dated 06/04/09 in which was stated that Krugers, Philys and Eagles have a different fine gold content is, er, excuse my insolence oh Mighty One, well, er, erm, wrong. All one ounce bullion coins contain exactly one ounce of fine gold weighing 31.1035g, the Krugers also have some other hardening metal making them a bit heavier, but they still contain 1 troy ounce of fine gold.

Forgive my insolence, I’m sure this was a deliberate ploy on your part to make a worthless junior ranger like myself feel less amoeba-like by contacting the MMMG (Mighty Mighty Mogambo Guru).

]]> By: Scott Donahoe http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-11023 Scott Donahoe Thu, 11 Jun 2009 07:24:34 +0000 http://dailyreckoning.com/?p=16308#comment-11023 Hi Richard. I am starting a quarterly journal in the Salt Lake City area, and I wanted to know if I could add one of your pieces in this as part of my quarterly rag. I have followed you for years, and I think my readers would really enjoy, and learn a lot from your columns. I am of the Austrian school. Obviously, I would send you the first quarterly (July 2009) to see if you want to be included. References will also be included for the DR and Smiths consultant group. My quarterly, for now, is a labor of love and is free friends, family, and people I work with in the aerospace industry. Anyway...I'll ship a draft your way later in June, and if you want to participate, it would truly make my readers day - mine as well. Regards...Utah Scott Hi Richard. I am starting a quarterly journal in the Salt Lake City area, and I wanted to know if I could add one of your pieces in this as part of my quarterly rag. I have followed you for years, and I think my readers would really enjoy, and learn a lot from your columns. I am of the Austrian school. Obviously, I would send you the first quarterly (July 2009) to see if you want to be included. References will also be included for the DR and Smiths consultant group. My quarterly, for now, is a labor of love and is free friends, family, and people I work with in the aerospace industry. Anyway…I’ll ship a draft your way later in June, and if you want to participate, it would truly make my readers day – mine as well. Regards…Utah Scott

]]> By: JMR Coy Lewis http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-11000 JMR Coy Lewis Thu, 11 Jun 2009 01:18:14 +0000 http://dailyreckoning.com/?p=16308#comment-11000 Mogambo...This is Xxanthaan... My computer crashed & I am now contacting you through this earthling. Send him all of your gold, oil & silver. That is all. Mogambo…This is Xxanthaan…

My computer crashed & I am now contacting you through this earthling.

Send him all of your gold, oil & silver.

That is all.

]]> By: Jas. Kermott http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-10979 Jas. Kermott Wed, 10 Jun 2009 20:11:50 +0000 http://dailyreckoning.com/?p=16308#comment-10979 OMM (O Mighty Mogambo), Refresh my memory. Isn't a P/E on the S&P500 of 130 even higher than the P/E on the Nikkei, just before it collapsed in around 1990? And isn't the rate of acceleration in negative growth in S&P500 earnings from September 2007 to now even higher than it was for the Nikkei? Gold? Check. Silver? Check. Oil? Oops. I better buy a few more quarts, especially since it's on sale now. Whee! This investing stuff really is easy! OMM (O Mighty Mogambo),

Refresh my memory. Isn’t a P/E on the S&P500 of 130 even higher than the P/E on the Nikkei, just before it collapsed in around 1990? And isn’t the rate of acceleration in negative growth in S&P500 earnings from September 2007 to now even higher than it was for the Nikkei?

Gold? Check.
Silver? Check.
Oil? Oops. I better buy a few more quarts, especially since it’s on sale now.

Whee! This investing stuff really is easy!

]]> By: MyLessThanPrimeBeef http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-10973 MyLessThanPrimeBeef Wed, 10 Jun 2009 19:10:51 +0000 http://dailyreckoning.com/?p=16308#comment-10973 MWDYLTASM? Translation: Mogambo, why do you like to abbreviate so much? MWDYLTASM?

Translation: Mogambo, why do you like to abbreviate so much?

]]> By: tony bonn http://dailyreckoning.com/standing-at-the-gates-of-economic-hell/#comment-10961 tony bonn Wed, 10 Jun 2009 17:32:22 +0000 http://dailyreckoning.com/?p=16308#comment-10961 and if a p/e of 130 doesn't cause a crap-attack or a v-8 moment wait till you see the 10yr treasury....it hit 3.99 a few minutes ago until dropping back a bit....i guarantee that it wasn't rising because of improving economic conditions....the buffoons buying stock will have to recognize that rising interest rates will torpedo housing and stocks....and this is as it ought to be.....rising interest rates should be welcomed as a sign of nascent sanity long missing from fairy godmother bernanke and tooth fairy geithner. and if a p/e of 130 doesn’t cause a crap-attack or a v-8 moment wait till you see the 10yr treasury….it hit 3.99 a few minutes ago until dropping back a bit….i guarantee that it wasn’t rising because of improving economic conditions….the buffoons buying stock will have to recognize that rising interest rates will torpedo housing and stocks….and this is as it ought to be…..rising interest rates should be welcomed as a sign of nascent sanity long missing from fairy godmother bernanke and tooth fairy geithner.

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