Financial topics

[aedens]

Iceland up 14.4 %
http://mises.org/document/2714

Every discussion of the relevance and meaning of historical facts falls back very soon on a discussion of abstract general principles, logically antecedent to the facts to be elucidated and interpreted. Reference to historical experience can never solve any problem or answer any question. The same historical events and the same statistical figures are claimed as confirmations of contradictory theories.

The intellectuals alone are responsible for the mass slaughters which are the characteristic mark of our century. They alone can reverse the trend and
pave the way for a resurrection of freedom. Not mythical "material productive forces," but reason and ideas determine the course of human affairs. What is needed to stop the trend towards socialism and despotism is common sense and moral courage.

[Higgenbotham]

The stock market is like looking at a fat, bloated pig that eats no solid food and subsists on nothing but electronic printed money and trying to guess how much it should weigh. Most people say, wow, look at that fat, bloated pig - it should weigh a lot! After all, it's a pig! While others say that pig is eating nothing but air; it's just a bubble ready to pop.

[John]

The stock market is like looking at a fat, bloated pig that eats no solid food and subsists on nothing but electronic printed money and trying to guess how much it should weigh. Most people say, wow, look at that fat, bloated pig - it should weigh a lot! After all, it's a pig! While others say that pig is eating nothing but air; it's just a bubble ready to pop.

Perhaps Bloomberg's ban on sugary drinks might have caused
the pig to lose weight.

[aedens]

http://budget.house.gov/uploadedfiles/s ... esfy14.pdf

If the newly created Amerikans class of debt peons sign on to this insanity they deserve the debt 4 by 4 rammed up there mindless carcass since they deserve it. After Justinian came Basil. Nothing new about sophisticated thieves as they think of themselves separated from the reality of natural economics blind in the ecstasy of the savior state worshipers. Statist debt is a mental disordered cult and the same parasitic disease since all government spending is theft based on violence. Lament the enemy who will swim the oceans to pillage and covet your posterity's grain colony of history. As the locusts move on of others shores in the last 10 years two of the three faces are no longer seen on the basis of employment of our global reality in north america.

latest tally of dead pigs floating in the in Shanghai water supply nearly 6000
never will understand this kind of event but we understand congressional feeding patterns
http://www.govtrack.us/congress/votes/110-2008/s213
https://www.youtube.com/watch?v=KeU6TqmbsBo

[aedens]

http://www.nbclosangeles.com/news/local ... 41021.html

http://www.zerohedge.com/news/2012-11-1 ... -inevitabl

http://www.zerohedge.com/news/2013-03-1 ... world-back

[vincecate]

There is a bond bubble people. Yields are at record lows. They have been printing new money like crazy and using it to drive up bond prices. When some asset class gets trillions of dollars worth of crazy buying then the price gets too high. Crazy buying making the price too high is the definition of a bubble. Eventually the new money will cause inflation or hyperinflation. The bond bubble will pop. It will be epic. Bonds are a fools game.

Yield-to-worst in junk bond market hits record low

http://www.reuters.com/article/2013/03/ ... A620130313

[Higgenbotham]

If I am right, the social issues are going to be very difficult. I don't think we devolve into anarchy and I do think the payment systems will continue to work.

Why did he feel he needed to say that?

http://kylebassblog.blogspot.com/

[Reality Check]

There is a bond bubble people. Yields are at record lows. They have been printing new money like crazy and using it to drive up bond prices. When some asset class gets trillions of dollars worth of crazy buying then the price gets too high. Crazy buying making the price too high is the definition of a bubble.

...

The bond bubble will pop. It will be epic.

...

There is a lot of truth in that.

The only thing that could avoid it, maybe avoid it, is an economic collapse.

Hard to know which poison to hope for. Of course a dictatorship could come with either.

In the best possible world we could get all three, along with a global war, at the same time.

[Reality Check]

Bonds are a fools game.

Bonds with a maturity date of less than one year in the future, regardless of when they were issued and how many years they had to maturity at the time of issue, might be an exception. Or at least they would have a different type of risk..

Assuming the relationship between U.S. citizens and the U.S. government related to U.S. government bond redemption remained unchanged.

Then again, buying gold might be a safer bet.

[vincecate]

Bonds are a fools game.

Bonds with a maturity date of less than one year in the future, regardless of when they were issued and how many years they had to maturity at the time of issue, might be an exception. Or at least they would have a different type of risk..

Assuming the relationship between U.S. citizens and the U.S. government related to U.S. government bond redemption remained unchanged.

Then again, buying gold might be a safer bet.

The shorter time you are locked in to any paper money the less risk. However, the value could drop in a weekend, or week, or month. In well under a year anyway. The odds that the US dollar's value relative to oil or other commodities is cut in half seems far greater than the odds that gold's value relative to commodities is cut in half.