Monday, 12/9, Market WrapUp (Things Beginning to Percolate)

Financial Sense Online ^ | 12/9/2002 | James J. Puplava

[rohry]

Deflation will not be a problem as far as I'm concerned...

Everyone! Please wish me and Tom Dashole a happy birthday (shudder)...

[rohry]

Market WrapUp is delivered...

[RightWhale]

Happy Birthday!

Live long and prosper!

[Billy_bob_bob]

"...the Dow 30 stocks have $6.5 dollars of debt for every $1 dollar in equity."

Just thought that bore repeating.

[Gritty]

More analysis on California,... none of it good!

Not only Davis and the Hacks, but Bush and the GOP will be in trouble by 2004.

[dalereed]

This entire nation is headed for bankruptcy!

[gabby hayes]

Does anyone know if there's ever any accounting of direct stock purchases by the Working Group/Plunge Protection Team? Japan has begun to come out of the closet in this respect. But what about here?

[arete]

United needs a dime and a billion

United most indebted to big banks

Also, here is a link to a complete list of UAL shareholds:

UAL Bagholders

Richard W.

[steveegg]

Sorry to hear that El Diablo D'Asshole took your birth date from you, but happy birthday anyway.

Now, for those that thought that gold was a magic bullet,...

The next bubble I believe is going to be in “things” as shown in these graphs of the CRB Index, gold, oil, and natural gas.

Bingo. The cycle of bubbles will continue until either profits improve (which wouldn't be painful) or the money dries up (which would be very painful for all markets, especially "paper").

[arete]

Does anyone know if there's ever any accounting of direct stock purchases by the Working Group/Plunge Protection Team?

I seriously doubt it. They are only accountable to their masters and I can't imagine that they would ever want their activities, if any, exposed.

Richard W.

[willyone]

Things do not look good. Every time I see a little kid or baby I wonder how we are going to explain how we pissed away the greatest nation ever. At least the illegal aliens will still get resident tuition. I feel so much better knowing that.

[arete]

The government doesn't want people investing in things that don't produce tax revenue for them. They want us buying homes because they tax it and tax it and tax it. Actually, you aren't actually buying a home -- it's more like you are leasing it from the government cause as soon as you don't pay your taxes on it, they take it back. You buy a couple of bars of gold and it just sits there and they get no return on it.

Richard W.

[B4Ranch]

Bush X41 was on CSPAN praising NAFTA, Globalization and the New World Order this morning. I listened for five minutes then had to shut it off before I shot the TV.

[BrucefromMtVernon]

I receive a pre-approved credit card application in the mail just about every month, which I promptly tear into little tiny pieces. While it is tempting to increase my purchasing power in the short run, I DO know better. Thus I have no debt.

[steveegg]

Point taken. Government is a cash-hungry money-grubber that isn't satisfied with whatever it squeezes out of the turnips.

That nice little scenario assumes that one actually takes possession of gold. I admit that I haven't followed the gold market that well, but from what I understand, not a lot of folks actually take possession of that gold. While I don't see FDR II repeating the gold ban of 1933, I'm sure that if too many people start taking that advice, that government will find a way to perpetually tax gold.

[steveegg]

Ouch. The only question is, when will some company bigger than United collapse?

[dalereed]

I have no debt either, I paid off my last mortgage 12 years ago and that is the only debt that I have ever had.

I don't know how you are so lucky as to only receive one pre approved CC application a month, I get at least 3 every week.

I do have on Quantum CC with a $25k limit but I pay the full balance every month.

[Nuke'm Glowing]

"Ouch. The only question is, when will some company bigger than United collapse?"

About 60 days after the next major terrorist attack.

[Soren]

I wonder how we are going to explain how we pissed away the greatest nation ever

You know the decisions made by TPTB are so flawed that you really have to wonder if it has been intentional. Part of the globalists' stated strategy includes equalization of living standards among nations, including the reduction of US living standards.

[Soren]

I receive one on a daily basis. When I started seeing posters for home equity loans in the supermarket a few years ago, I knew we had a problem.