irondoor91

Comment Stream » FNM

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • Have the Limits of US Monetary Policy Now Been Reached?
    Sickening, but true. Excellent piece. Makes everyone just so happy to write out their income tax check, doesn't it? No politician or party has a clue about what to do other than deflect the attention of the American public away from these monumentaal problems and have them focus on a pregnant teenager, a candidate's age, race or some other surface issue. Anybody know a good country where the beer is cold and water drinkable?
    Sep 11 15:24 pm |Rating: 0 0 |Link to Comment |View article
  • Can Gold Be Suppressed Indefinitely?
    So, what does all that have to do with today's price of Gold?

    Gold is going down, like all other assets, because we are in a dis-inflationary environment. Not yet deflationary, but heading in that direction. Nothing can stop it until it runs its natural course, but the Plunge Protection Team will attempt it with the unlimited printing of dollars and a willing Congress that knows no limits on federal debt creation.

    Gold's next stop? try $600 as a way station. Silver's headed to $4.00, then we get to reassess.
    Sep 11 10:32 am |Rating: 0 0 |Link to Comment |View article
  • Will the Stock Market Continue Its Upward Trend?
    I assume you neglected to look at a chart that was longer than the last 3 hours of yesterday's data. Try starting with, say, October 11, 2007, when discussing trends.

    Dittos to CrossProfit and jlounsbury59.
    Sep 09 11:41 am |Rating: 0 0 |Link to Comment |View article
  • Palin, On the Ongoing Financial Crisis
    So, the folks in Washington are the brains of the country and anyone who cuts spending and returns money to its righful owner (in this case the taxpayer) is a rube. How are the books of the US government (now including the Fan/Fred guarantees) going to be balanced?

    McCanin/Palin should offer a simple solution at the town hall meetings: "Folks, what would you do if your expenses were more than your income?" The same thing Fan/Fred are telling homebuyers to do; cut your expenses and save up for a down payment.

    Why not just state that every government department (including all those off-balance sheet items) is going to freeze hiring and spending at the same level of inflation used to calculate Social Security payments. Ultimately, we might get the budget under control. At least the citizens of this count ry could understand the logic of it. If not, we don't stand much of a chance except with a revolution.
    Sep 09 11:28 am |Rating: 0 0 |Link to Comment |View article
  • What Will Fannie / Freddie Mean for Monday?
    Hey lanaslinesdotcom,

    Buy stocks that are "positioning themselves". Can you give us the names of a few of these gems? Is there a fund manager alive who hasn't been trying to find these gems forever? I direct you to the mutual fund statistics for the past 8-10 years. Seems to me that Cash has been the best asset to hold over that time and zero risk. But I guess that there are many out there who just can't get over the "buy and hold" mantra that Wall Street has been selling for 30 years. Its over.
    Sep 07 16:11 pm |Rating: 0 0 |Link to Comment |View article
  • The Reign of Uncertainty in Financial Markets
    I would like to ask the author to point to the most recent period of "certainty". A period of Certainty, like a period of low volatility is Certain to lead to a subsequent period of Uncertainty and Higher Volatility. That's the way human nature works. It abhors a vacum of Certainty where everyone's assumption is a continuation of the same. That's what Black Swans are made for.
    Aug 26 12:35 pm |Rating: 0 0 |Link to Comment |View article
  • The Pelosi Factor - Cramer's Mad Money (8/25/08)
    Hmmmm.

    I thought Jim's bottom call on July 15th had "no reservations". Now, it seems that only the Fed and Treasury can save the market. Let me see--- Fan and Fred have somewhere in the range of 5 trillion on their balance sheets. The Fed/Treasury step in. Now that 5 trillion is onthe taxpayers' balance sheet. How did all that action help the homeowner pay his mortgage, insurance and property taxes.

    Also, please explain how the Fan-Fred problem weighs on the "4 horsemen". Or is it now the "2 housemen"?

    Jim, we don't need lower interest rates. We need higher incomes and/or lower house prices. Which do you think we'll see first?
    Aug 26 12:24 pm |Rating: 0 0 |Link to Comment |View article
  • Global Stock Markets: Let the Gains Begin
    You can take a trading "stance" without actually executing a trade unless there is a trade to take. Don't trade out of boredom, but be prepared with a plan.

    Sometimes you actually have to watch what the market is doing to determine what it is saying. Why try and be a hero? A "long term approach" can also mean "get out and wait for lower prices".
    Aug 11 15:07 pm |Rating: 0 0 |Link to Comment |View article
  • Corporate Fraud + Government Intervention = Bailout Nation
    How many times have you heard that one of our major problems is our "low savings rate"? For years now it has been close to or less than zero.

    Out come the "stimulus checks" and lo and behold we find that about 30% of the money wasn't spent, but was actually saved in a bank account or used to reduce some credit card debt.

    The next outcry was bemoaning the fact that people were saving and actually coming to their senses!

    The whole world knows that if Americans ever returned to the '60's and saved/invested 5-10% of their incomes the global economy would be down the tubes. The world depends on Americans borrowing and spending themselves and their country into bankruptcy. And they will gladly sell us the junk and loan us the money to do it with.

    My question is, where will the world find the next goose to pluck?
    Aug 06 10:13 am |Rating: +1 0 |Link to Comment |View article

irondoor91's Comments Stream Stats

  • 130 Comments, 25 , 1
  • Total Comment Stream rating - = 24