The economy is recovering, the economy is recovering, the economy is recovering.

[Moonglow]

You can take my name off of the not in labor force group....

I'll mourn the loss. Employment is strictly for suckers.

It's soo drab...

 

[Moonglow]

Housing starts in Sep were at 2007 levels, wtf is up with all these negative Nellies....Do the need Depends to allay their fears, and it would support the economy by purchasing their diapers.......win,,win ,,,,situation......I'm a good capitalist...

 

[Mikeoxenormous]

people have jumped into the market making precious metals less attractive,

1) not sure why you think inflation favors stocks more than gold?
2) few are buying gold; that is why price is way down
3) gold used to be a hedge against inflation but since libertarians were 100000% wrong about easy monetary policy causing inflation in the wake of the Great Recession, gold serves little purpose nowadays
4) When Rand Paul asked Bernanke why he didn't want to convert to a gold standard he said, "we run the Fed as if it was on a gold standard".
5) China and Japan have huge debts and Keynesian interventions all over the place and no inflation either thus helping kill the idea of gold too.
6) it is not govt that is the enemy of the people but rather liberal govt.

If Gold is not a hedge against inflation, then why are the big banks and countries buy it up in tons? Bernake and Janet, both NEED money to be passed around, along with the government, because when people start buying gold, once bought, the government can no longer control it, unless done like FDR, which FORCED people to give up their gold or have it taken. Wow, if a Republican ever did that, you liberals would be howling how the (R)'s hate their people and are against people who just want to save a little. You are such a stupid person to believe that there is no inflation, yet food it higher than it was in 2009, fuel is higher also, and places to live are almost tripled, yet there is no inflation. I will stick with my gold and silver, you keep your dollars, and keep on barely surviving, as your buying power lessens.

 

[EdwardBaiamonte]

If Gold is not a hedge against inflation, then why are the big banks and countries buy it up in tons? .

gold price is about half the price of what is was when Great Recession inflation fears were highest which means big banks, countries, and people are selling it in tons.

 

[EdwardBaiamonte]

Bernake and Janet, both NEED money to be passed around, along with the government, because when people start buying gold, once bought, the government can no longer control it, unless done like FDR, which FORCED people to give up their gold or have it taken.

gold or paper is not the issue since both need to be managed very carefully to avoid depressions. The Great Depression started on a gold standard because monetary policy was not well understood at the time. Now, the Fed has a mandate to control inflation and they know how to do it and thus gold is tanking.

If you wanted to go further and make inflation illegal above 2% I could go with that.

 

[EdwardBaiamonte]

You are such a stupid person to believe that there is no inflation, yet food it higher than it was in 2009, fuel is higher also, and places to live are almost tripled, yet there is no inflation

Govt CPI always says we have inflation!! Inflation, though, is minimal and the Fed is trying to hit a stated 2% inflation target mostly to avoid deflation, so no one would say that inflation is literally 0%.

 

[EdwardBaiamonte]

. I will stick with my gold and silver, you keep your dollars, and keep on barely surviving, as your buying power lessens.

actually since 2009 gold is worth about half of what it was. Sorry.

 

[Mikeoxenormous]

10 states with the highest foreclosure rates

The share of U.S. homes in foreclosure last quarter increased 3% from a year ago, with one in every 404 residences in some state of foreclosure between July and September, according to a new report from housing data company RealtyTrac

If the liberal media wasn't so in the tank for the Obummer Administration, the first 1/2 white president would of been impeached about 5 years ago. All they do is marginalize the bad news, in the hope that the dope smoking libs wont see what is happening and will pull the level for the 1st vagina. But the news out there isn't good, and with you dipshits thinking that gold isn't doing well, lets see. Before Obummer took office, gold was around $900 an ounce, then when gold almost doubled, the FED came in to save the day and started printing money so the government could buy back bonds, to keep interest rates down, and people could borrow money to shovel into the stock market. If that FAUX money wasn't created and made the market go up(like it did in 1929) you can bet that gold prices would be over $2,000 an ounce or more. There are some "EXPERTS" who say gold could hit $25,000 and ounce. If that happens you can bet the dollar will be worth crap, people will be hungry, and the inner cities will be on fire. There will be a reckoning also, and I will be out there blaming LIBERALS. ElliottWaveTrader's Gilburt: Gold Will Hit $25,000 in Next Decade

"Yes, I know that this is quite a bold prediction. However, please remember that, for me, it is all a matter of mathematics and nothing more," Gilburt states.

Elliott Wave theory indicates that gold is now completing a 3 ½-year downward correction and is on the verge of "a major bull market phase that can last the next 50 years," he argues. "We are now on the cusp of the next major bull market in the investing world."

 

[EdwardBaiamonte]

There are some "EXPERTS" who say gold could hit $25,000 and ounce.

the experts buy and sell each day and for the last 8 years they have mostly sold because there is no inflation, the economy is recovering, and gold is worth less and less.

The idea that printing money always creates inflation has been 100% destroyed by the simple facts. Libertarian gold nuts predicted huge inflation that never came. Now you should be mature enough to admit it and move on.

 

[Mikeoxenormous]

There are some "EXPERTS" who say gold could hit $25,000 and ounce.

the experts buy and sell each day and for the last 8 years they have mostly sold because there is no inflation, the economy is recovering, and gold is worth less and less.

The idea that printing money always creates inflation has been 100% destroyed by the simple facts. Libertarian gold nuts predicted huge inflation that never came. Now you should be mature enough to admit it and move on.

And again if it wasn't for the ZIRP policy, and people not BORROWING money at 0%, the stock market would be around 5,000 and Obama would of been run out on a rail. Why is it everytime Janet Yellow even gets close to raising rates, the market drops 300 + points and gold takes off? Because people like you are stupid.

 

[EdwardBaiamonte]

Why is it everytime Janet Yellow even gets close to raising rates, the market drops 300 + points and gold takes off? Because people like you are stupid.

dear, the Fed is always very very close to raising rates, the market is near an all time high, and gold is dirt cheap because the experts are not buying it.

Why lie about the facts???

 

[EdwardBaiamonte]

And again if it wasn't for the ZIRP policy, and people not BORROWING money at 0%, the stock market would be around 5,000 and Obama would of been run out on a rail. .

dear, the real economy is growing at 2.5% which is about the fastest in world so the idea that companies would fall in value buy 2/3 because people cant buy anymore without zirp is pure stupid. Besides, if rates go up they will go up very very slowly for years so gold will stay down and the stock market will stay up for years to come.

Now do you understand now.

 

[Mikeoxenormous]

Why is it everytime Janet Yellow even gets close to raising rates, the market drops 300 + points and gold takes off? Because people like you are stupid.

dear, the Fed is always very very close to raising rates, the market is near an all time high, and gold is dirt cheap because the experts are not buying it.

Why lie about the facts???

The Fed has been close to raising rates for the past 5 years, when Obama "CLAIMED" that his policies has made the economy recover. Then the FED started changing the rules when ever the rates got close to climbing, because of the triple digit sell off each time it got close. Once again, if the 0% interest rates are no longer available, and people who have borrowed billions of dollars(APPLE) have to pay it back with interest, they are going to sell off their stocks and this will drive the market into the 25 year depression that the FED agencies have predicted and got prepared for(in previous posts on this link). But you can continue to be a goosestepping, koolaid drinking, low information, mindnumbed, useful idiot, and when(NOT IF) the market tanks, you will be holding worthless paper. Just don't come begging my way, as stupid people who voted for this shit, deserve what they voted for. ELECTIONS HAVE CONSEQUENCES.

 

[Mikeoxenormous]

And again if it wasn't for the ZIRP policy, and people not BORROWING money at 0%, the stock market would be around 5,000 and Obama would of been run out on a rail. .

dear, the real economy is growing at 2.5% which is about the fastest in world so the idea that companies would fall in value buy 2/3 because people cant buy anymore without zirp is pure stupid. Besides, if rates go up they will go up very very slowly for years so gold will stay down and the stock market will stay up for years to come.

Now do you understand now.

White House downplays first-quarter contraction

The White House is downplaying Friday's downward revision of the gross domestic product, attributing a small first-quarter contraction to temporary factors.

How easy it is for you to FORGET what happened in the past, as maybe you need to get out of your parents basement where the DOPE smoke is thick and your brain matter small. Do you know why there is an uptick in the GDP? Because the Administration has changed the formula to make it look better. Just like the FED only showing those looking for work in the unemployment rate(U-3) but not the U-6 which shows those out of work(not looking) and those underemployed. Liberalism - equality for all, equally poor and equally miserable. U.S. economy to 'grow' 3% under new GDP calculation | Marketplace.org

 

[Mikeoxenormous]

And again if it wasn't for the ZIRP policy, and people not BORROWING money at 0%, the stock market would be around 5,000 and Obama would of been run out on a rail. .

dear, the real economy is growing at 2.5% which is about the fastest in world so the idea that companies would fall in value buy 2/3 because people cant buy anymore without zirp is pure stupid. Besides, if rates go up they will go up very very slowly for years so gold will stay down and the stock market will stay up for years to come.

Now do you understand now.

dear, the real economy is growing at 2.5% which is about the fastest in world so the idea that companies would fall in value buy 2/3 because people cant buy anymore without zirp is pure stupid. Besides, if rates go up they will go up very very slowly for years so gold will stay down and the stock market will stay up for years to come.

Now do you understand now

Softening data set to stay Yellen's hand

The flow of data after the September meeting has been weakish, including the October nonfarm payrolls that showed job creation at just 142,000. Just on Tuesday, new orders for durable goods fell a seasonally adjusted 1.2 percent in September, from the month before, and consumer confidence fell to 97.6 in October from the expected 103.

"Absent a rip-roaring acceleration in the data in the next couple of months, it's going to be difficult for the Fed to move," said Joseph LaVorgna, chief U.S. economist at Deutsche Bank. "If they say there are downside risks, that shows they're not going in December."

You are an idiot(I apologize to idiots for comparing your intelligence to a liberal). You are dumber than a box of rocks. Now do you understand?

 

[EdwardBaiamonte]

Once again, if the 0% interest rates are no longer available,

dear, gold nuts said there would be huge inflation. There was none!! They look very very stupid. 0% interest rates will disappear 25 basis points at a time perhaps over years and years so no one will notice. In the mean time we have the healthiest economy in the world having grow at 2.3% for years and years so there is little cause to imagine any serious changes will occur.

 

[EdwardBaiamonte]

not the U-6 which shows those out of work(not looking) and those underemployed.

U6 is dropping very sharply and steadily as the economy recovers so there is not much to be concerned with. Sorry to burst your bubble.

 

[EdwardBaiamonte]

. "If they say there are downside risks, that shows they're not going in December."

why quote a guy who didn't say there was a huge looming depression to agree with you?? All he said was they may or may not go in December, but nothing about a new recession let alone a depression.

Do you understand now??

 

[Mikeoxenormous]

not the U-6 which shows those out of work(not looking) and those underemployed.

U6 is dropping very sharply and steadily as the economy recovers so there is not much to be concerned with. Sorry to burst your bubble.

I know this is going to be hard for you to understand. Could you show something that can confirm your opinion that the U-6 is dropping, or are we supposed to just believe you , like you believe Obama was going to save everyone $2,500 on Obummercare.

 

[Mikeoxenormous]

QUOTE="EdwardBaiamonte, post: 12669872, member: 34008"]

. "If they say there are downside risks, that shows they're not going in December."

why quote a guy who didn't say there was a huge looming depression to agree with you?? All he said was they may or may not go in December, but nothing about a new recession let alone a depression.

Do you understand now??[/QUOTE] http://moneymorning.com/jim-rickards-coming-great-depression/

These agencies, that include the CIA, FBI, Army, and Navy, they've already begun to estimate the impact of the fall of the dollar as the global reserve currency.

And our reign as the world's leading super power being annihilated in a way equivalent to the end of the British Empire, post-World War II.

And the end game could be a nightmarish scenario, where the world falls into an extended period of global anarchy.

Jim Rickards fears he and his colleagues' warnings are being ignored by our political leaders and the Federal Reserve, and we're on the verge of entering the darkest economic period in our nation's history.
One that will ignite a 25-year Great Depression.

Shame you are too fucking lazy to look back a few pages and find this article I posted before(typical sorry ass liberal). Seems that the Federal Government even sees problems looming out there, that will drive America in a Depression that makes the 1929 look like a holiday. But again, I don't give a rats ass , if you don't believe me, as you will be out there looking for anything to eat and survive, while your liberal political hacks will be in their bunker, waiting out the storm. Many Americans have taken the warning, have prepared for the worst and pray for the better. IMHO, the worst is coming.