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I wonder if it is time to get out Au shares. Any thoughts?
Dumb money is not in yet.
NOT INVESTMENT ADVICE
GC:
By 'previous', do you refer to an unspecified thread prior to this one, or to the thread immediately before this? (I.e. the word has two meanings that are very similar, and choice of article depends on the desired meaning.)
If you are referring to an unspecified prior thread, 'a' is appropriate. If you are referring to a specific thread, in this case defined as the one immediately prior to the current, then 'the' is proper.
Dumb money is in when Time features Au on its cover as the hot new thing.
Oh, and which of you guys is responsible for this:
http://en.wikipedia.org/wiki/US_property_bubble
Requiem, thank you. The use of articles in front of previous and next is always fuzzy to me.
Well, I have a slightly different reason for getting out of Au. There is a possibility, as I said over and over again, that Sir B. will keep raising rates and bust Au for the short to intermediate term. In the long run, Au wins. But again, I've already suffered one trauma from the Au crash in 2004. Another one might prove to be terminal.
N.F.,
Indeed today's raise has been priced in. But the market wasn't and still isn't sure whether B. will raise rates again. I said last time that his congressional testimony did mention the threat of inflation several times. So today's FED comment validated this impression (well, someone else pointed that out to me).
B. seems to like to play games with people.
Peter P, how do you know this?
I do not see shows like "Shinny Yellow Metal" or "Flip That Gold Coin" yet.
When pricing yourself at humanforsale, please do not lie about your size. OK? I know which size I am referring to.
I do not see shows like “Shinny Yellow Metal†or “Flip That Gold Coin†yet.
Listen to more AM radio. Dumb money is going in. You can hear the gold-investment-expert right before the bigfoot sightings guy.
You can hear the gold-investment-expert right before the bigfoot sightings guy.
But I have not heard statements like "gold always goes up in value" or "last opportunity to buy this 1oz gold coin for only $1000".
If I were Bernanke I'd keep an 8-ball on my desk an consult it for answers to the stupider questions.
"Are you going to stop raising rates?"
"I'd like to direct that to our honorary committee member here... Outlook not so good, he says."
You say that like an you're an emacs user.
I like vi. Saves me having to use my nose to type those ctrl-alt-meta-hyper-shift combinations.
Requiem,
I am mistaken. I do not know how to use emacs. I never learned emacs. It is too fancy for my taste. I like simple things because I am a simple man.
My only code editor is vi. VI is the first editor I learned to use and I've stuck to it all my life (which is not very short). Occasionally I use MSFT VS, when I had to write fucking GUI code. But my preference is always VI. When people see me firing up vi to edit code or paper (TEX), they are always surprised.
I've been drinking this Odwalla shit from the cafeteria. I think I am getting sick of it, although it's supposed to be good for me, especially since I rarely eat vegie when I cook. What is your favorite flavor of Odwalla?
I like Parisienne life. Life in US is too harsh, too rushed, too unpleasant. In Paris, right now, I can sit in the cafe, actually the weather should start to be nice, so I sit outside, sipping wine, watching people coming back (woops, slipping away) from work, checking out cute girls, eating healthy snacks and fruits, relaxing, debating philosophie and contemplating meaning of life, planning suicide, blah, blah, blah.
Yep, is Wolfgang's.
I rotate Odwallas. I go through the tangerine, grapefruit, and orange juice jugs for the fridge, and use the single-serving containers of "wellness" when I think I might be getting sick. The smoothies are also ok, but I avoid the green, purple, or protein flavors.
The protein flavor of smoothie is really disgusting. I tried once. It tasted like medicine.
I really wonder: Does anyone really take himself seriously, despite his appearance of doing so?
"Priced to sell...$788,000...Square Feet: 1,647...Lot Size: N/A...Year Built: 1973...On Market: 153 days..."
Ha, ha!
Now isn't that precious?
No, that's the Fremont address above.
I grew up in San Jose, moved to Pheonix seven years ago.
Even so, those figures look zany! I can picture the house: your average, nothing much, '70s suburban house.
Simply wacky for the common working man to pay so much for so little!
But you must agree that I did make some contributions other than these outrageous comments.
Also, some people take themselves too seriously.
If one takes himself too seriously, he is susceptible to manipulation (by people close to him, by the media, by the government, by anything).
requiem Says:
Well damn, there goes my chance to revive one of the older wars.
That war is over. All sane people now use VI. The more sane of the lot use (G)VIM in particular.
Now if that goes unanswered, the war is really over !
Softest, since technically you could eventually pay off the loan, "renting the money" doesn't feel quite right. (But I use it anyway.)
Assuming the property is sold, it's closer to renting the house from the bank, combined with an enforced savings account. Eventually, if you've saved enough, you can use that account to buy the house.
dual flush toilets are mandatory here as a building standard -- there are 2 buttons -- 3 litres and 6 litres... so the concept works well enough when you have 2 choices...
and water is so scarce they are giving away low flow showerheads... but they fail to recycle stormwater at all, they modelled the whole system on european ideas where there's so much rain the aim is to get it out to sea asap.
dual flush toilets are mandatory here as a building standard — there are 2 buttons — 3 litres and 6 litres… so the concept works well enough when you have 2 choices…
That is perhaps a good idea. It is confusing though. How about pulling up for 3L and pushing down for 6L?
they are usually designed now with two different sized buttons, in a stylish interlocked design or whatever -- the equal sized ones will have a logo with a half circle and a full circle or similar...
to say nothing of composting toilets and waterless urinals...
http://www.watersave.com.au/Uridan/default.asp
I like Parisienne life. Life in US is too harsh, too rushed, too unpleasant. In Paris, right now, I can sit in the cafe, debating philosophy and contemplating meaning of life
probably not advisable doing that in here, cheetah... the nation of shopkeepers has morphed into a bigger nation of bigger shopkeepers...
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I have come to the conclusion that it is impossible to suitably follow up on the last thread posted by Randy.
I do not have the economic chops to try, so I won't even attempt to fake it.
Besides, after reading this blog for more than a year, my head is swimming in all the stats, facts and predictions everyone has made. I can't decide what direction to go to next, and I'm too tired to try. Is that bad?
Besides, if we can post 401 comments on the "Duh" thread, we can talk about anything, can't we?