patrick.net

It seems as though the so called market experts who trade gold don't know what the hell is going on either with the price movements.

Analyzer says

It seems as though the so called market experts who trade gold don't know what the hell is going on either with the price movements.

SFAce was buying GDX in December, easy 25% in two months.

bgamall4 says

Real tears come with a real emotional experience. Liz Taylor was not a method actor, and drew on real emotion from the past. The fact that these bad method actors did not cry a single tear or have a single red eye condemns Sandy Hook to being a total fake. Give it up Bigsby, you are making a fool out of yourself. No tears by all the participants. Obvious method acting in hyperventilation for Carlee and Robbie.

Don't continue to be a dwarf, Bigsby.

Why didn't the folks in charge of Sandy Hook hire better actors then? Crying on cue isn't exactly a difficult skill to acquire--I would think there are thousands of actors out there that could have fit the bill.

In fact, I question whether there are any professional actors that can't cry real tears. That's pretty much a basic skill. A better argument can be made that they can't be actors because all actors can produce real tears when needed.

tr6 says

Analyzer says

It seems as though the so called market experts who trade gold don't know what the hell is going on either with the price movements.

SFAce was buying GDX in December, easy 25% in two months.

And how many picked the opposite trade?

Tim Aurora says

The chart is a stat, so it neither pointing or misleading.

It is because the way its being presented is that here are the most and least affordable cities when in fact a city like Detroit which has lost 60% of its population and is bankrupt simply does not operate on the same economic scale as the rest of the cities on that list. Given that a huge chunk of its population lives in poverty shows that there's not hardly a huge number of people who can afford even the houses there. So is it affordable? Not really. It might even be less affordable than some of the ones at the top of the list ranked as least affordable.

My point is, we'll be bailing out Pepsi and Coke before we know it.

The to big to Gulp act.

bgamall4 says

So, Tatupu, you don't get it. People aren't actors and don't notice most of lthe time unless they are trained to notice. Many Sandy Hook Hoax proponents are trained or are learning like I am. No tears, no red eyes, you can be considered a good actor, but you are not being real.

How many kids died? How many parents are you saying are actors? Remember when I asked you how many family and friends you have? How many family and friends do these people have? How many of those have come forward to say that they are actors playing a role? Do you get the point, and do you get how bloody stupid you are being?

Jesse's hotdogger goes flaming horndogger and winds up in wedding dress at Attica.

Zimbabwe says "machete massacres OK, but no man can have more than 80 wives."

Tim Aurora says

Get this, it is a stat. You can form your opinions based on the stat and you can argue against some of the obvious conclusions that people draw ( just like you initially did regarding Detroit and then went back again and said, "no my initial conclusion was wrong") but this is just a stat.

I didn't say that " My initial conclusion is wrong". with regards to that chart. And yes, its a stat. Duh? And I drew a conclusion.... duh again. So what is your point? I think you also need to go and re-read what I just wrote above, which is that within my reaction to the chart I said " Most" in regards to the cities of either selection in regards to my commentary. If you disagree with what I have made of the stat then fine, who cares. But misquoting or misinterpreting what my response was isn't very helpful.

I don't expect this to happen. Republicans never have & never will allow this type of Socialism & govt. interference in the Free Market.LOL

Tim Aurora says

Like it or not that could be good news for existing housing price.

That depends on what you mean by "good news". To most on this board that means falling prices.

I agree with the conclusion of numbeo website. It seems to me that rather than acknowledge and analyze their results, people try to discredit the researchers and claim that they have america-centric bias. However, some number are not subject to biases, namely cost of living and housing costs.

Only a fool would buy in this market.

"LACK OF BUYERS!!!!"

The Bulls ask,"What the Hell do buyers have to do with home sales?"

tatupu70 says

It is patently obvious--I agree. That's why I'm having so much trouble understanding what you don't get.

Ah, quoting out of context - the last resort of one who has been beaten.

The things YOU EXPLAINED are patently obvious. But the things you explained are not the things I ASKED you to explain.

tatupu70 says

lol--you're kidding, right? So, your contention is that the DJIA only moves in the "upper reaches" but the Nasdaq isn't so constrained?

My contention is that we were discussing the DOW, and you all of a sudden substituted in the NASDAQ. Why?

tatupu70 says

% Gain or Loss in the index. I think you're just trolling at this point, so I'll be done now.

So you don't understand that a percentage has to be OF something? Wow, I am floored. Didn't think I needed to explain this, but 10% of 100 is a different amount than 10% of 1000. If you are talking about a percentage, and you don't know what it is a percentage OF, then you quite simply don't know what you're talking about.

It's not inventory, it's price. The houses on the market are going to sit there until the prices go down.

Oh? No cash buyers for New Houses?

This picture tickled me. Would you buy a condo with that many lockboxes on the property?

Then again, maybe this condo complex simply needs a metal cutter like the other one.

Here in the Northeast, the low inventory means high prices and houses still going under agreement withing days or weeks. I don't know where you all live, but even I feel like I missed the boat and am willing to pay more for less.

I live in the northeast, and our lease ends in june. So we've been shooping both the rental market and the used house market. There's plenty to pick from, but the majority of it is overpriced crap.

I already own one house, but for our current needs, renting a primary residence has been a much better deal ( 1375 per month rent for a house that will hit the market @ 270k)

Agreed. Most is overpriced crap. I should have been more specific...anything worth looking at is closer to 475-600K in MA and things in that range are still going pretty quickly (and even with that, most of the houses still need upgrades). I was looking to pay between 400-450K and am now trying to figure out how to do 550K or more. I can only swing that with a huge down payment (which I have, thankfully) but only in locations with lower taxes. Unfortunately, the towns I am looking at have very high taxes (10K or more for that price range).

Yes, taxes are a bitch. In our current cozy little locale, the landlord is forking over 400 of that 1375 per month over in taxes. They are taking a bath, as they bought the house new in 2007 for 369k,,,,

I'm interested to see how motivated they are to sell. They won't renew our lease for another year, instead saying if they don't sell, were welcome to continue on a month to month basis. If something like that enters the fold, I'm going to demand some sort of compensation in the event that we'd be forced to move with such short notice

tts says

You can be totally mentally and physically fit and still end up poor if your economy is busted.

Economy doesn't look busted to me. Looks like average wage went up 7%. Robert Reich's graph should go into the next edition of "How to Lie with Statistics" if there is a next edition.

http://www.amazon.com/How-Lie-Statistics-Darrell-Huff/dp/0393310728/

First flaw in graph is no labels in the Y-axis.

Second flaw is no information about non-US wages. Non-US wages went up with globalization. So we are missing a bunch of wage growth. I'll bet extremely poor parts or China had percentage gains that blow away the productivity gains. This should be obvious when you are dealing with a small base.

Third flaw is why is he only going back to 1947? Quick search on Google shows many papers about productivity in the 19th century. But including that data might complicate the story he's trying to sell.

Homeboy says

Ah, quoting out of context - the last resort of one who has been beaten.

The things YOU EXPLAINED are patently obvious. But the things you explained are not the things I ASKED you to explain.

OK--at this point I don't even know what your question is. Why don't you try to clearly state it?

Homeboy says

My contention is that we were discussing the DOW, and you all of a sudden substituted in the NASDAQ. Why?

Because it illustrated my point. You didn't answer my question...

Homeboy says

So you don't understand that a percentage has to be OF something? Wow, I am floored. Didn't think I needed to explain this, but 10% of 100 is a different amount than 10% of 1000. If you are talking about a percentage, and you don't know what it is a percentage OF, then you quite simply don't know what you're talking about.

Of course I understand that. And I clearly stated it in my post earlier:

tatupu70 says

You obviously use the entire index value because you are comparing to a set starting point. You want to see the change from that index starting point value.

Like I said--I'm tiring of this. If you really have a question, please ask it and stop with the childish nonsense.

hrhjuliet says

It's not inventory, it's price. The houses on the market are going to sit there until the prices go down.

Easy enough to find out. Go to Redfin and look up the stats for your area of interest. you should find charts showing recent listing and sale prices per sqft. If your neighborhood is like mine you will find sale price / list price > 1 and you will also see crazy priced houses go pending in a week.

good luck.

My views on Bitcoin

http://smaulgld.com/bitcoin-a-mining-disaster-waiting-to-happen/

http://smaulgld.com/the-case-against-bitcoin-a-faith-basedemotion-backed-currency/

It's all about the weather. We never had so much weather in history as in the past three months

"Does this tool belt make me look fat?"

CaptainShuddup says

My point is, we'll be bailing out Pepsi and Coke before we know it.

The to big to Gulp act.

Bush/Republicans bailed out the TBTF.So what's wrong with more Big Govt. Republican private business Socialism. The House of Republicans didn't stop all of their Big Govt. funding to prevent the auto bailout.

Current rally is a sucker's rally.

DUMP it now or regret later.

bgamall4 says

Exactly, they believe the NWO will be taken down but the NWO will incorporate it at the time of their choosing.

so obvious a Trojan horse. Digital currency/cashless society is the goal of NWO-total tracking/total control

The Austrians pretty much side with gold going up do to debasing of the currency.

The reality is that we have deflation and the only way gold goes up in value is inflation.

We are not going to have hyperinflation unless there is an extremely unlikely event.

The thing that makes the most sense to me is what Mish pointed out that the credit market has shrunk from what was 50 trillion to probably I'm guessing half that now.

In addition the dollar is still the most trusted currency (plus reserve currency status) so the dollars that are printed are spread across a big area.

This plus the fact that China is re balancing so the demand for commodities is way down.

Mike Pettis (Chinese Economist) he sees gold going lower by half

Of course this is just what I read...

So far the trend seems to remain in place.

indigenous says

This plus the fact that China is re balancing so the demand for commodities is way down.

China is also offloading US treasuries - watch out ;)

bgamall4 says

Perhaps they will come forward some day. But the argument that it is fake is not based upon family members blowing the cover of other family members. Now look at you being stupid Bigsby.

What about friends? How many friends have come forward? How many acquaintances? How many tens of thousands of people do you think that amounts to? You think this entire thing is a hoax because you believe 2 people look the same, one father acted strangely to YOU, and what else, oh yes, you can't see what you think are real tears in a couple of photos/interviews. That's it, isn't it? Try and guess how stupid that makes YOU look.

Robber Baron Elite Scum says

I don't mean to be rude or anything.

But if you are that young... Don't worry too much about what's happening with the economy.

WARNING!

Renting for Half The Cost has been caught in multiple lies on this forum. When caught this person does not admit wrongdoing but doubles down on the lie to ridiculous levels.

Do not believe anything posted by this person.

You have been warned.

mell says

indigenous says

This plus the fact that China is re balancing so the demand for commodities is way down.

China is also offloading US treasuries - watch out ;)

Yea but they already have taken dollars for goods.

Yup in the future they will buy fewer treasuries but they are looking at the same situation as the US in the early 30s they are not going to have fun. Until they develop their consumer market.

Bubble 2.0

or rather 1.1 since the only difference from 1.0 is that this time the govt is promising bailouts BEFORE the crash rather than after.

Tim Aurora says

hrhjuliet says

It's not inventory, it's price. The houses on the market are going to sit there until the prices go down.

Is that a wish, hope or dream. Anyways, you are allowed to have an opinion but until you can back it up with some kind of logic, it remains only as a wish.

It's not a wish. My home price goes down if the market goes down. I can see past my own little world though. The average home price should be about twice the median income. The market is artificially inflated and and therefore a risky investment. Only a fool would buy now. Yes, some fools will still be out there buying in this market, but that group is going to shrink. You can't make people buy at inflated prices. If you think this market is going up you are the one making wishes. At best it will flatline, but more than likely the market is going to tilt down, no matter how subtle, towards normal. The powers that be can't be can't prop up this mess forever.

A hybrid.

Behold the Champagne & Chicago Hot Dog!

Home prices should defiantly go up with these mortgages government backed.

They will very slowly lower the standards one by one.

The tapering from the Federal Reserve should also crash the precious metals markets.

Possibly strengthen dollars by a long shot and have another bubble economy.

Real estate flipping will be back. Those smart enough to quickly get in and out before the bubble pops will profit.

Another MASSIVE tech bubble should be here too like the on in 1999.

If the tech bubble collapses... The dollars will be moved to real estate.

Furthering the bubble.

During the height of the bubble. Precious metals will be all-time lows.

That's the time to acquire it. Not now.

Losses of the precious metals market maybe as much as 80% decline of gold and silver. Especially silver.