Meerkatt

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4 Comments

    • Sat Jul 26th 10:37 AM | Rating: 0 0
      Commented on:
      What's Behind the Slide in Oil and Commodities?
      Greenspan started the housing bubble with 1% interest rates. Congress then pushed it along with welfare programs in the form of FHA and the GSEs and their policy of everyone can have a new house, no income or assets required. Then Uncle Ben takes the rates from 5.25 to 2% to "solve" the problem. That worked well, didn't it?

      While the rest of the world watched this Fed fiasco they decide our dollar was being printed fast enough to make it worthless. Oil zooms to compensate for this.

      If the Fed keeps rates at 2% the dollar will remain weak and oil with stay above $120.

      Raise interest rates and oil will plunge.

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    • Thu Jul 10th 23:00 PM | Rating: 0 0
      Commented on:
      Uninterrupted Declines
      True, but don't think any new administration will do any better. These problems caused by both a populace and government with out of control debt are not going away any time soon.
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    • Mon May 26th 22:42 PM | Rating: 0 0
      Commented on:
      Is Oil a Bubble? Part One
      "It is especially dumb to invest in PBR." Oh really?

      $10,000. invested in PBR 5 years ago would now be worth $184,555.

      Doesn't seem like such a dumb investment to me.
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    • Thu May 8th 17:20 PM | Rating: 0 0
      Commented on:
      Big Ben's Credit Card Moves: The Good, the Bad and the Ugly
      There is some truth in almost every argument here, but long term we are becoming a cashless society and that will only help V and MA which have what the small merchants call, "a license to steal". You can't beat them so might as well join them.
      View article »
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