tag:blogger.com,1999:blog-99704500378481622.post220720913101001411..comments2023-10-14T08:23:14.641-07:00Comments on The American Energy Crisis: The MarketsA Quaker in a Strange Landhttp://www.blogger.com/profile/15425198389944137571noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-99704500378481622.post-57049528190577984582010-10-04T19:54:34.946-07:002010-10-04T19:54:34.946-07:00Bill:
I sold some Silver and Platinum.Bill:<br /><br />I sold some Silver and Platinum.A Quaker in a Strange Landhttps://www.blogger.com/profile/15425198389944137571noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-35674618482882325132010-10-04T18:25:12.603-07:002010-10-04T18:25:12.603-07:00I understand that you don't know what's go...I understand that you don't know what's going to happen and you aren't giving official direction.<br /><br />Let me ask it another way..if you had silver would you sell at least some of it?Billhttps://www.blogger.com/profile/11538147109007226573noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-32439690338213183272010-10-04T16:50:49.108-07:002010-10-04T16:50:49.108-07:00How bad is it?
African television stations are no...How bad is it?<br /><br />African television stations are now showing 'Sponsor an American Child' commercials!<br /><br />.... Wives are having sex with their husbands because they can't afford batteries.<br /><br />.... I ordered a burger at McDonald's and the kid behind the counter asked, "Can you afford fries with that?"<br /><br />.... CEO's are now playing miniature golf.<br /><br />.... Exxon-Mobil laid off 25 Congressmen.<br /><br />.... My ATM gave me an IOU!<br /><br />.... A stripper was killed when her audience showered her with rolls of pennies while she danced.<br /><br />.... I saw a Mormon with only one wife.<br /><br />.... I bought a toaster oven and my free gift with purchase was a bank.<br /><br />.... If the bank returns your check marked "Insufficient Funds," you have to call them and ask if they meant you, or them.<br /><br />.... McDonald's is selling the 1/4 ouncers.<br /><br />.... Angelina Jolie adopted a child from America .<br /><br />.... Parents in Beverly Hills fired their nannies and learned their children's names.<br /><br />.... My cousin had an exorcism but couldn't afford to pay for it, and they re-possessed her!<br /><br />.... A truckload of Americans were caught sneaking into Mexico .<br /><br />.... Motel Six won't leave the light on anymore.<br /><br />.... A picture is now only worth 200 words.<br /><br />.... They renamed Wall Street " Wal-Mart Street ."<br /><br />.... When Bill and Hillary travel together, they now have to share a room.<br /><br />.... The Treasure Island casino in Las Vegas is now managed by Somali pirates.<br /><br />And, finally...<br /><br />.... I was so depressed last night thinking about the economy, wars, jobs, my savings, Social Security, retirement funds, etc., I called the Suicide Hotline. I got a call center in Pakistan , and when I told them I was suicidal, they got all excited, and asked if I could drive a truck.Crybabynoreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-56687837721311166572010-10-04T10:41:40.014-07:002010-10-04T10:41:40.014-07:00Bill:
I have no idea what any other individual sh...Bill:<br /><br />I have no idea what any other individual should do. I am saying that the precious metals market went vertical - and that that has never worked out for long.... unless this is the big one.... or unless I am just plain wrong... or unless a lot of things...A Quaker in a Strange Landhttps://www.blogger.com/profile/15425198389944137571noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-77634465660903652362010-10-04T10:38:01.716-07:002010-10-04T10:38:01.716-07:00Bill:
I don't think hyperinflation is around ...Bill:<br /><br />I don't think hyperinflation is around the corner, and I do think that the silver market thinks that it is.<br /><br />Remember this, though.... "markets can remain irrational longer than you can remain solvent."A Quaker in a Strange Landhttps://www.blogger.com/profile/15425198389944137571noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-5941820568543651042010-10-04T09:41:41.537-07:002010-10-04T09:41:41.537-07:00Are you saying I should sell my silver?Are you saying I should sell my silver?Billhttps://www.blogger.com/profile/11538147109007226573noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-66854248586542170762010-10-04T07:26:03.396-07:002010-10-04T07:26:03.396-07:00(Illinois is the only state I'm aware of that ...(Illinois is the only state I'm aware of that is nursing its budget deficit by not paying anyone for 6 months after the products or services are provided -- $19 billion in the hole. These other states should try it sometime. :) We've done it for years and the world hasn't come to an end.)bureaucrathttps://www.blogger.com/profile/03869739125758038029noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-20332888495447606092010-10-04T07:21:27.467-07:002010-10-04T07:21:27.467-07:00It ends up in the same 20 year malaise that we exp...It ends up in the same 20 year malaise that we experienced in the 1970s. Not a lot of fun, but no disasters. We are forced to live "less," the inevitable reduction in SS & Medicare is not a "default," the Chevy Volt may indeed change the world of personal transportation, and Iraq could rev up oil production hugely. Perhaps an invasion of Venezuela by the US? <br /><br />That leaves us with a continuing housing malasise, an implosion in corrupt China, someone FINALLY ending the opportunitistic U.S. wars, and bad, bad news for dedictated government employees like me. :) <br /><br />Though we don't cost anywhere near as much as people are saying, compared to the big government budget items.bureaucrathttps://www.blogger.com/profile/03869739125758038029noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-68952199925464187592010-10-04T06:58:31.931-07:002010-10-04T06:58:31.931-07:00Marshall... you pretty much summed up my next post...Marshall... you pretty much summed up my next post... So if you don't mind... in the near future I am going to use your template and fill it out a bit... or you could do it as a guest post...A Quaker in a Strange Landhttps://www.blogger.com/profile/15425198389944137571noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-2738683017638038232010-10-04T06:26:01.011-07:002010-10-04T06:26:01.011-07:00And meanwhile, the US imbalances continue and or a...And meanwhile, the US imbalances continue and or accelerate-<br /><br />*US Fed Budget Deficit continues at USD 1,500 Billion/year and rising. It takes an awful lot of optimism to think that this situation can continue for too much longer.<br /><br />*Over 45 US States are insolvent and will require a Fed bailout<br /><br />*US Trade Deficit continues at over USD 500 Billion/year<br /><br />*U6 measure of unemployment continues at around 20%<br /><br />*RE Crash accelerating again<br /><br />*US importation of 65% of crude oil continues as oil exporters still ship valuable oil for bad debt paper. For how long?<br /><br />*Hollowing out of US economy continues as jobs continue to migrate outward<br /><br />*NO progress on any kind of Peak Oil mitigation with public ignorant of the whole issue.<br /><br />*US loses front positions in innovation and research. China patents up 18%. US patents down 11% in last two years.<br /><br />*US economy running on war and bad debt paper continues as the real economy hollows out. <br /><br />So where does this all end up? <br /><br />Cheers, MarshallAnonymousnoreply@blogger.com