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- gat commented Jul 20, 2015
4xmenza has it right. The only thing that will never go away is the wheel. True value of gold for those thinking it indicates value of currency is $750 tops. Rest Is fear or greed hype. A Fed move on interest rates though is a no win re inflation - ...
Gold hits 5-year low as bets mount on Fed hike
- gat commented Jul 16, 2015
All the talk has been rate here or there now or next meeting and instead another rate cut from left field. Sort of funny.
Bank of Canada lowers overnight rate target to 1/2 per cent
- gat commented Jul 14, 2015
Agree. Zero sympathy for them. Their socialism has caught up to them. Yet other peoples money still has not run out. What if Germany left the EZ as zax1150 referred to? The Greeks are revolting. Read that two ways. With the inflated 96 billion ...
Greeks to be furious when government chops up country for fire sale
- gat commented Jul 14, 2015
96 billion. That number has grown exponentially over the last month. A billion here, a billion there, and pretty soon you have a trillion. Now, who believes the reforms will be passed? And if passed will be adhered to?
Greek leader's debt deal ignites revolt at home from austerity opponents
- gat commented Jul 10, 2015
Nothing really new in the article is there? More about the "prestige of the Greek government" which is as real as vaporware. More mention about the austerity bla bla. So what austerity has been asked for or demanded? And what has actually been ...
'We underestimated their power': Greek government insider lifts the lid on five months of...
- gat commented Jul 9, 2015
Here's an idea. Replace the Euros with IOU's of the same value and a funny face on them. Then everyone could get as many IOU's as they want and there would be no time pressure to agree to anything.
Greek banks association head says banks will have cash in ATM's until Monday: RTRS
- gat commented Jul 3, 2015
The Greeks have their back to the wall and their nationalistic ego up to cover their refusal to acknowledge reality. Their PM has put his finger up and determined the wind is blowing no so bets his future on that position. So I predict they will ...
Greeks Should Vote Yes
- gat commented Jun 26, 2015
Other than being told so over and over why would Greece failing result in all of us failing? They are a dinky little country with a dinkier economy. I do not buy the argument. With all the national bankruptcies none have taken us all down.
13 mind-blowing facts about Greece's economy
- gat commented Jun 10, 2015
Greece is the drug (spending) addict child. Dad may not disown but needs to quit enabling.
Why Europe must keep Greece in the family
- gat commented Jun 8, 2015
BHO will find out he said that when he reads it in the news.
White House denies Obama said strong dollar a problem
- gat commented May 24, 2015
Ok, just clicked the link you gave.
How to end boom and bust: make cash illegal
- gat commented May 24, 2015
Do we (US) have twice as much gold today as in 1954 when the population was half? If not that is a problem of extreme deflation. That house you agreed to pay 1000 oz. of gold for in 1954 would only be worth 500 now. Or in terms of the gold being ...
How to end boom and bust: make cash illegal
- gat commented May 21, 2015
We will have to disagree on the basics of gold Borg. You will not be convinced nor will I be assimilated. It sure does need to be highly divisible with less than 1 oz. per person and some like Bill Gates hording it. Brings up the question of whether ...
How to end boom and bust: make cash illegal
- gat commented May 20, 2015
He could not eat enough of anything for groceries to be a factor in his budget. On this he is as foolish as those actresses who say they will live on a food stamp $30 a week budget. They always fail and Bill is comparing apples to lawn mowers. Yes ...
Gates, Richest Man, Says $40,000 Goes Further These Days
- gat commented May 20, 2015
Well, there is always bartering. Gold came to be used to facilitate trade. That works but with less than $2000 / person available it is limited. Also Lebanon has nearly as much as England while Haiti has zero. Too bad for them? But the basic problem ...
How to end boom and bust: make cash illegal
- gat commented May 20, 2015
Elliot Wave Theory always works. Every single time. How could it possibly fail when you go back and move the lines, change the names, however you want whenever you want? It says nothing because it says whatever you want.
Gold Set To Repeat The Great Sell Off Of 2013
- gat commented May 19, 2015
Nibbling might take a different format today. Instead of obvious snipping easily counterfeited coins might be adulterated or clad while maintaining overall weight. With silver coins now it is important to note how many grains are supposed to be in ...
How to end boom and bust: make cash illegal
- gat commented May 18, 2015
Agree hanging on every word from the Fed is inane. But I do not blame the Fed for that. It is the media who has stoked that with every article fostering fear. It is also the quarterly results being the end all for a companies value. That is the ...
How to end boom and bust: make cash illegal
- gat commented May 16, 2015
The highly esteemed Mr. Keynes imo was a quack. He proposed nearly every position imaginable at various times. After his death his disciples really went off the deep end and the politicians tamed it all into a system they learned to control. Hayek ...
How to end boom and bust: make cash illegal
- gat commented May 14, 2015
Foolishness. People still buy more or less depending on their need and confidence.
How to end boom and bust: make cash illegal