Marc Faber says Obama's stimulus a failure, Oct 26, 2009

[chickatawbutt]

Gonzalo Lira, Tom Woods, Peter Schiff, Mark Faber, Gerald Celente, Max Keiser, Jim Rogers, Ron Paul

[TheBlitz1]

its nice to hear someone who is not retarded for a change

[Nuanceqwest]

Gold over the US dollar?

[xxpandamidknightxx]

Fuck Obama. He is a failure. I hope he can suck his cock twice to find out he is a really sucky president. Hell, he should rot in hell for his failure to communicate (stimulus package). Let him throw a stimulus package since he has to give to the morons who do not believe in anything else but Obama the Fuck-Up.

[saturn5100]

Thanks to Marc Faber and a couple of suggestions that he made in early 2009, I have made a tidy sum of money this year. I wish that I had heard of Marc two years ago, when he was predicting a major recession and a tumble in the stock market.

[myyootube]

If not already, watch Peter Schiff and Ji Rogers.

Also, listen to every interview you can at:

kingworldnews-dot-com

[MrFluxcompensator]

Yeah, and why just use the name of Barro but quoting the article not quite right. A multiplier less than one was only measureable for defense spending. For non-defense spending Barro suggest that it may be also <1 but he is not sure about it. And that is what makes me worry; people like Faber talking about complex economic theories, quoting academics partially out of context and believing they know everything.

[focus21x]

Stop the Obama health/illness/death care legislation.

[Nuanceqwest]

Marc Faber is chasing his tale.

Dont worry about he US dollar Marc, it is not going to weaken too much more.

When the carry trader recoils, we will have a massive dollar rally so you will not be able to say that, because of a weak currency, we are heading for inflation.

[crabtrap]

LOLLOLLLL! wow! can i live in your fantasy land??

[Nuanceqwest]

Ok, if you say so.... Go ahead and short the US dollar.

[Nuanceqwest]

This week, I am gradually buying dollars and looking for opportunities to go short in the market when they appear.

[crabtrap]

i'm just a guy on youtube,but i really wish you would reconsider your position . i have not seen one economist that is bullish the dollar . please read up on inflation cycles along with how inflated the system has been since 2000 .

[Nuanceqwest]

Well that's just the thing, if you are going to have faith in these so-called experts who couldnt predict or prevent this crisis, then you could be in trouble.

[crabtrap]

marc faber,jim rogers,peter schiff gerald celente all predicted the housing collapse as did I (me based on differant reasons) bloomberg news concedes this point . i know it when landscaper dope heads that hung out at my night club started becoming mortgage brokers over night , at one point 70% of my customers were m brokers . guys u would not hire to wash dishes,thats when i knew the bubble would soon pop and was the reason i got a 30y fixed mortgage instead of a ARM

[Nuanceqwest]

Well yeah everyone could see the bubble, it is all about timing though.

America has been consistently consuming more than it earns for years. But if you had gone short in 2006 you would've lost everything.

Timing. I know there will be a bull market in the future, but as they say, timing is everything.

[Nuanceqwest]

@crabtrap

Do I still live in a fantasy land?

[crabtrap]

Yes you do . dollar rallies a bit one day and your happy? wow! gold lost 3% (GLD) it's up . 1% in afterhours .

todays dip is clearly based on the bernake news . it dropped all markets stock/commodites which BTW the commodities had a hard rise yesterday . by the dips,get out of the dollar period . the dollar is on a consistant down trend commodities(mostly gold/copper) are on an uptrend .look at your long term charts (3+years)

[Nuanceqwest]

@crabtrap

And that's the way I like it

[crabtrap]

"thats the way you like" what??

[crabtrap]

thats the way you like what??

[Nuanceqwest]

@crabtrap

It is important for you to disbelieve so that you can remain in your positions.

[Nuanceqwest]

@crabtrap

Ok, let me help you out. You need to have two sides on each position or else the stock market collapses.

Everyone hated to dollar but the smart money were buying dollars, Even Jim Rogers has, a raging commodity bull, has been buying dollars for the last 3 months.

The Smart money has left the building, be sure to turn off the lights when you leave.

[crabtrap]

let me help you,

Rogers is not buying dollars he is buying AG commods becuase they are presently extremely depressed,the dollar is also depressed but it can be to ez manipulated or dropped that is why u don't buy into it . gold will have its sell offs some day but that is years away,gopd has rebounded since your last comment and is now 1115 . oil silver copper and ag will be the best long positions in the coming year . the dollar is swan singing ,good luck though

[Nuanceqwest]

@crabtrap

Thanks for the good luck. I'll reply this comment in the coming months.

[crabtrap]

deal .

[crabtrap]

if you go to kitco,com you will see a dollar strengh/gold strength chart . it is a great tool to see the minute by minute W?S of the dollar and the buyin/selling trend of gold in relation to each other . give it a look

[Nuanceqwest]

@crabtrap

Thanks so much for educating me.

[Nuanceqwest]

Crabtrap,

Whats this? Faber says the buck could rally another 10%. You and Peter Schiff are the only people who hate the dollar.

Do you understand that if the buck rallys another 10% all the losses for 2009 will be erased? So for all the talk of the dead US dollar we would be back where we started in March 2009.

You and schiff are the last ones left. Remember, the smart money has left the building on the short USD trade.

Turn off the lights when you leave.

[crabtrap]

get back to me when you understand how the basket of currancies works . if the dollar rises next to falling other currencies,is that really a rise?? no . stocks have risen also .smart money is out the door on the dollar only traders are left holding the worthless money sack . gold is still holding steady with a probable $1050 floor

[Nuanceqwest]

I GIVE UP ON YOU.

THE GREENBACK IS KING

[crabtrap]

WELL IT IS CERTAINLY BETTER THEN GAS STATION TOILET PAPER . have a good new year you crazy nut

[Nuanceqwest]

@crabtrap

Cool,

Just remember, the Psychology towards something changes much slower than its price. That's why most folk lose money in the stock market.

Imagine if you have bought the breakout to 1.51 with the steadfast psychology that that was the day the dollar was doomed to become toilet paper.

[crabtrap]

gee and i thought all this time people lost money in the market because they bought high and sold low . silly me .

[Nuanceqwest]

@crabtrap

Well buddy, you seem to want to buy silver high only to be forced to sell low,

[crabtrap]

silver was up today . and if the dollar is streghening and the economy is getting better as you say, then silver is gonna sky rocket (it is a most have industrial metal like copper)

[Nuanceqwest]

@crabtrap

Happy new year buddy, I am trying to help you.

we are in the processes of negotiating a harsher depression than 1929.

IT is you who has to do your own research on how the crowd's investing track record............or for whatever.

[crabtrap]

happy new year back at ya ! i think we are in agreement that the financial down turn has not really even begun yet . so that is why i choose hard assets for now,we have at least another 5 years of bumpy road

[Nuanceqwest]

crabtrap

Hi there, I know that psychology changes much slower than price but is it starting to make sense to you now?

[crabtrap]

Look into the Greek default and how there is a Euro dump going on temperarily . I mean do you really believe the dollar is rallying?? european currancies are falling this give the false illusion that the US dollar is raising ; it's not . surely you can't be that naive to believe that magicly the dollar is going to raise with falling economy and unemployment and increased debt obligations . but enjoy your "rally"

[crabtrap]

PS read my comment from a month ago

it is exactly as i predicted

[Nuanceqwest]

Are you on crack? do you think Gold will stabilize at 1050? dude. You still havent learned your lesson.

Son it is going to be a long-haul lesson for you.

[crabtrap]

great! lets meet back here in 2 years,if you still own a computer .

[Nuanceqwest]

Ok. No worries. Are you sure about that Gold trade?

[crabtrap]

which gold trade?

[BlueSkies360]

5 stars

[TheSubterraneanTruth]

WOW, this is news????

[PontiffMystic]

Totally agree about asia.