orion077

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    • Sun Sep 7th 14:30 PM | Rating: 0 0
      Commented on:
      Stronger Dollar Pushes Down Oil and Gold?
      Isn't the demand for oil considered inelastic? People can cut consumption to a point, but no matter what it is still a necessity. Thus even if the dollar rises there is a limit to how far oil consumption can be cut back. The other issue is supply and demand. Is that not the ultimate regulator of price (provided it is not artifically controlled)?
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    • Tue Jul 22nd 02:41 AM | Rating: 0 0
      Commented on:
      Risk of Serious Meltdown in Spanish Economy
      Excellent analysis. Could there be a domino effect throughout the European Union? The financial system is the backbone for consumers and businesses, if it goes under so does everything else.
      In the US we lowered interest rates to save the mortgage industry, but it has devalued the $ further, boosted the cost of oil and ultimately we will face recession or inflation. A delicate balance is hard to achieve, but the Fed and Congress has taken steps to help maintain stability and confidence in the system. Spain's Govt. needs to act now to soften the blow.
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    • Tue Apr 15th 01:17 AM | Rating: 0 0
      Commented on:
      Jim Rogers' Picks and Pans - Barron's Interview
      China is not standing still. Yes, they have problems, but they are working on them and they have the capacity to leap into the 2lst Century. They don't have to reinvent the wheel. Look at the
      accomplishment of the 3 Gorge Dam that is 5 times larger than Hoover Dam and supplies electrical power equal to 15 nuclear power plants.

      China is not above getting expert guidance from other nations, including the US, to help solve her polluted air and water. Patience my friends, big problems take time to materialize.
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