tag:blogger.com,1999:blog-8822606000441641347.post1677209785948096982..comments2023-09-06T03:57:44.608-07:00Comments on Marko's Take: Budget Deficit On Parabolic PathMarkohttp://www.blogger.com/profile/07028301085211245105noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8822606000441641347.post-88795663061829136632010-03-13T06:24:55.606-08:002010-03-13T06:24:55.606-08:00Hi Anon:
Couple things:
It took years of excess ...Hi Anon:<br /><br />Couple things:<br /><br />It took years of excess in the Nasdaq before that bubble popped. Years of excess in real estate before that bubble popped. Budget deficit timing is hard to predict.<br /><br />Unemployment is NOT 10%, but in reality closer to 22%, which is close to Great Depression levels...Yes, doom and gloom is getting old, but if someone doesn't speak up and offer solutions, which we do if you the archives, than who will?<br /><br />Thanks for the comment!<br /><br />MarkoMarkohttps://www.blogger.com/profile/07028301085211245105noreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-48619607135254053262010-03-13T06:15:29.543-08:002010-03-13T06:15:29.543-08:00I'm I being too comfortable in saying, "t...I'm I being too comfortable in saying, "this issue of budget spending has been around for years and years and years". I hate to say, why is it different now? Have I(we) been comfortable in having it this way? What I am getting at is that all the gloom and doom of economic policy (or lack of any) never seems to really effect anything. Sure, purchasing power of the dollar is terrible over the years, but all in all, life goes on, we eat, drink and drive our cars. And yes, 10% or more are unemployed (very sad) ..... but 80-90% still do have a job. And yes, some are not making much, only because they spend too darn much themselves. Tough issues, just get tired of all the gloom and doom.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-47192996824065570242010-03-12T07:38:35.470-08:002010-03-12T07:38:35.470-08:00Moi:
Wade through is right. Waist high!
MarkoMoi:<br /><br />Wade through is right. Waist high!<br /><br />MarkoMarkohttps://www.blogger.com/profile/07028301085211245105noreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-39850696410271688122010-03-12T07:08:34.344-08:002010-03-12T07:08:34.344-08:00Well, I'm glad you're out there to wade th...Well, I'm glad you're out there to wade through all the numbers. But while my head may spin with the math-ness of it all, I am smart enough to know that if you spend more than you take in AND you do it with a fiat currency? You're in deep doggie doo doo.<br /><br />Ergo, our country is most definitely not on the right path. Start. Over.moihttps://www.blogger.com/profile/07824043795171732429noreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-64613984063276503112010-03-11T17:45:33.287-08:002010-03-11T17:45:33.287-08:00Hi Robert aka rdisrael,
I'm looking for Gold ...Hi Robert aka rdisrael,<br /><br />I'm looking for Gold to finally end this retracement period before entering a mania phase which ought to take us well into next year. The only reason the Dollar holds up at all is the Euro is even worse shape and Pound is, well, getting Pounded.<br /><br />I'm still a strong buyer here!<br /><br />MarkoMarkohttps://www.blogger.com/profile/07028301085211245105noreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-40913649682012226032010-03-11T13:59:53.696-08:002010-03-11T13:59:53.696-08:00Marko,
This week has been very strange , the cart...Marko,<br /><br />This week has been very strange , the cartel has done just about everything in its power to bring the price down .Just look at what happened on Monday and Wednesday,it was just ridiculous to say the least.What is even stranger is that the dollar has been going down,and in the past that would of made gold soar, but not this time.Not sure what to make of this. I feel the cartel is trying like mad to get gold/silver down, maybe because some news will be coming out soon that is gold friendly.What is your take on the gold price action this week and the dollar .<br />Thanks,<br />Robert IRoberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.comtag:blogger.com,1999:blog-8822606000441641347.post-53465097135767350292010-03-11T13:51:54.739-08:002010-03-11T13:51:54.739-08:00Marko,
This is somewhat related to today's art...Marko,<br />This is somewhat related to today's article, but lately the dollar has been down ,yet gold has hardly gone up. In the past when the dollar dropped, gold/silver usually always went up.This past week the cartel has been busy at work,trying like mad to drive the gold price down,for the usual reasons.( just look at the price action on Monday and Wednesday )but what is strange is that the dollar has been down.Not sure what to make of this.What is becoming more and more apparent is that gold and silver are<br />decoupling from the dollar ,I guess. Today the dollar was down almost $.16 and gold was barely up, very strange.I feel that something very big ( news ) will be coming out soon to make gold go alot higher, and the cartel( bullion banks,Fed )are pulling ever trick out of its bag to drive the price down. Whats your take on the gold action this week ?rdisraelnoreply@blogger.com