![]() |
![]() |
![]() |
||||
Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
![]() ![]() |
|
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
|
Thread Tools |
![]() |
#51 |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
|
![]() ![]()
__________________
![]() FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#52 | |
My hips don't lie
Industry Role:
Join Date: Nov 2002
Posts: 10,129
|
Quote:
Do you know any of the specifics because all I hear from you is generalisations and assumptions written with this no-nonsense/Im cutting thru the bullshit tone... |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#53 | |
So Fucking Banned
Join Date: Mar 2005
Location: Put Shoe On Head Plz
Posts: 4,575
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#54 | |
So Fucking Banned
Join Date: Mar 2005
Location: Put Shoe On Head Plz
Posts: 4,575
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#55 | |
My hips don't lie
Industry Role:
Join Date: Nov 2002
Posts: 10,129
|
Quote:
well fuck me! Ill invest in the Jim Rogers index and become a BILLIONAIRE just like him!!!!!!!!!!!!!!!!! |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#56 |
So Fucking Banned
Join Date: Mar 2005
Location: Put Shoe On Head Plz
Posts: 4,575
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#57 | |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Quote:
Oh, come on. There were 20 recessions in the 20th century. One every 5 years. It was 7 years from Paul's prediction until the next recession. Just at random you would do better than that. Paul was wrong in '83. Unemployment in 1989 was never higher than 5.4%. It is quite obvious that the recession started in July of '90 when unemployment started trending upward. not in 1987. Not in 1989. Let's not forget the 1990 recession was one of the shortest and weakest on record; lasting only 8 months. As far as 1987 the US of course never went recessionary. In fact unemployment fell pretty much in a straight line from 1983 to 1990 and it is clear as to why the NBER choose July 90 for the start of the short, weak recession of 1990 Unemployment rates: 1983-01-01 10.4 1983-02-01 10.4 1983-03-01 10.3 1983-04-01 10.2 1983-05-01 10.1 1983-06-01 10.1 1983-07-01 9.4 1983-08-01 9.5 1983-09-01 9.2 1983-10-01 8.8 1983-11-01 8.5 1983-12-01 8.3 1984-01-01 8.0 1984-02-01 7.8 1984-03-01 7.8 1984-04-01 7.7 1984-05-01 7.4 1984-06-01 7.2 1984-07-01 7.5 1984-08-01 7.5 1984-09-01 7.3 1984-10-01 7.4 1984-11-01 7.2 1984-12-01 7.3 1985-01-01 7.3 1985-02-01 7.2 1985-03-01 7.2 1985-04-01 7.3 1985-05-01 7.2 1985-06-01 7.4 1985-07-01 7.4 1985-08-01 7.1 1985-09-01 7.1 1985-10-01 7.1 1985-11-01 7.0 1985-12-01 7.0 1986-01-01 6.7 1986-02-01 7.2 1986-03-01 7.2 1986-04-01 7.1 1986-05-01 7.2 1986-06-01 7.2 1986-07-01 7.0 1986-08-01 6.9 1986-09-01 7.0 1986-10-01 7.0 1986-11-01 6.9 1986-12-01 6.6 1987-01-01 6.6 1987-02-01 6.6 1987-03-01 6.6 1987-04-01 6.3 1987-05-01 6.3 1987-06-01 6.2 1987-07-01 6.1 1987-08-01 6.0 1987-09-01 5.9 1987-10-01 6.0 1987-11-01 5.8 1987-12-01 5.7 1988-01-01 5.7 1988-02-01 5.7 1988-03-01 5.7 1988-04-01 5.4 1988-05-01 5.6 1988-06-01 5.4 1988-07-01 5.4 1988-08-01 5.6 1988-09-01 5.4 1988-10-01 5.4 1988-11-01 5.3 1988-12-01 5.3 1989-01-01 5.4 1989-02-01 5.2 1989-03-01 5.0 1989-04-01 5.2 1989-05-01 5.2 1989-06-01 5.3 1989-07-01 5.2 1989-08-01 5.2 1989-09-01 5.3 1989-10-01 5.3 1989-11-01 5.4 1989-12-01 5.4 1990-01-01 5.4 1990-02-01 5.3 1990-03-01 5.2
__________________
skype = "adultdatelink" |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#58 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,660
|
Peter Schiff, Ron Paul and the likes are just small time players who aren't gaming the system. The Berney Madoff's of the world are. Unfortunately we have A LOT of Berney Madoffs (who is just a fall guy btw) gaming the system. All of this financial collapse and bailout shit is just these guys trying to keep their ill-gotten riches. Paul and Schiff can't just come out and say this stuff on TV because they get stuff like this
So they give it to you i small increments where they can.
__________________
PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#59 | |
My hips don't lie
Industry Role:
Join Date: Nov 2002
Posts: 10,129
|
Quote:
how dishonest can you be? how many recessions in the last 25 years? And it started in July 1990 out of nowhere? It all started in 1987.. did you miss the part in the article I posted where it says: http://www.nationmaster.com/encyclop...980s-recession "The first burst of the recession was short-lived, as fervent activity by the government leading up to elections in both the United States and Canada created what many economists at the time saw as an economic miracle a growing consumer confidence and increased consumer spending almost single handedly lifted the North American economy out of recession." "It soon turned out that the quick recovery was illusory, and by 1989 economic malaise had returned." |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#60 | |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Quote:
Unemployment was shrinking in 87 and GDP was growing. That is WHY the NBER didn't list a recession in 87. There was NO recession in 87 and nothing started in 87. Unemployment dropped all throughout 1987 ending at a very low 5.7% in december of 87. Unemployment continued to fall in 88 ending the year at 5.4% http://www.bls.gov/opub/mlr/1987/09/art6exc.htm Strong employment growth highlights first half of 1987 Wayne J. Howe Employment rose markedly during the first half of 1987. The number of unemployed workers dropped by 700,000 to 7.4 million, and the civilian unemployment rate fell more than half a point to 6.2 percent. This brought the rate to its lowest level since the first quarter of 1980. The employment gains in the first half continued to be concentrated in the service-producing sector. In the goods-producing sector, there was an overall increase in construction and manufacturing jobs, and employment in mining began to show a recovery from recent job losses. Here are the GDP numbers: 1983-01-01 3382.9 1983-04-01 3484.1 1983-07-01 3589.3 1983-10-01 3690.4 1984-01-01 3809.6 1984-04-01 3908.6 1984-07-01 3978.2 1984-10-01 4036.3 1985-01-01 4119.5 1985-04-01 4178.4 1985-07-01 4261.3 1985-10-01 4321.8 1986-01-01 4385.6 1986-04-01 4425.7 1986-07-01 4493.9 1986-10-01 4546.1 1987-01-01 4613.8 1987-04-01 4690.0 1987-07-01 4767.8 1987-10-01 4886.3 1988-01-01 4954.1 1988-04-01 5062.8 1988-07-01 5146.6 1988-10-01 5253.7 1989-01-01 5367.1 1989-04-01 5454.1 1989-07-01 5531.9 1989-10-01 5584.3 How did GDP do in 1987? From 1/1/87 to 1/1/88 GDP grew 7.3%! That is very strong growth! And in 88? 8.4%! Do the math yourself! (4954.1/4613.8) = 1.073 = 7.3% growth! '87 and 89 were years of very strong growth and falling unemployment! ---- As far as over what period to determine an average length between recessions 25 years is way too short for a number that averages less than 10. I prefer to look over a century. Even over the past 25 years you have the 91, 01 and current recession. That's 3 in 25 years = 8 years which doesn't make him any more accurate (91-83 = 8!)
__________________
skype = "adultdatelink" |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#61 | |
My hips don't lie
Industry Role:
Join Date: Nov 2002
Posts: 10,129
|
Quote:
You talk like certain economists talked in 2007 and early 2008 who were looking at the numbers and claimed the US economy was strong and those who talked about a recession were wrong... GDP numbers dont tell the entire story about the state of an economy... Read the quotes I highlighted... Read over the word "illusory" a few more times... and this one, "what many economists at the time saw as an economic miracle" Are you blaming Ron Paul for not forseeing a miracle?!! |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#62 | |
My hips don't lie
Industry Role:
Join Date: Nov 2002
Posts: 10,129
|
Quote:
but the 2001 recession was caused by 9/11... no economists could have taken credit for that prediction... so more like 2 recessions economists could have take credit for over 25 years... Hardly something easy to do... |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#63 | |
I'm Lenny2 Bitch
Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
|
Quote:
Just because you don't understand the proper role of short and long term debt in the overall economy doesn't mean that it's not important or shouldn't exist. What you're saying is the equivalent of saying if people can't pay cash for their house or car, they shouldn't have a house or a car. You're under this illusion that companies needing credit to survive is a new thing and that everything used to be cash and carry. IT'S NEVER BEEN THAT WAY. Debt and credit go all the way back to the dawn of civilization for crying out loud. Just because your grandfather told you that if you couldn't pay cash you shouldn't buy it doesn't mean that's the way business has always operated.
__________________
sig too big |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#64 | |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,660
|
Quote:
__________________
PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete. |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#65 |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Nope. The 2001 recession started in March, 2001. That's before 9/11/2001. By September 11th it was almost over. It ended in November.
__________________
skype = "adultdatelink" |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#66 |
Octopus Anime
Industry Role:
Join Date: Sep 2007
Location: Chicago
Posts: 1,064
|
http://finance.yahoo.com/tech-ticker/article/163844/Peter-Schiff%27s-Clients-Got-Hosed-This-Year-Too?tickers=^gspc,^dji
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#67 |
null
Industry Role:
Join Date: May 2006
Posts: 9,820
|
vid removed....
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#68 | |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,660
|
Quote:
Just one example U.S. Government Sanctioned Gold Price Manipulation? http://www.marketoracle.co.uk/Article8014.html
__________________
PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete. |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#69 |
Confirmed User
Join Date: Nov 2007
Location: Sacramento ca
Posts: 653
|
![]() I agree, thinking most people who predict economy issues are going to have a few things wrong. Human error. I saw the article and thought it was interesting no one else noticed.
__________________
When choosing between two evils, I always like to try the one I’ve never tried before. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#70 |
Confirmed User
Join Date: Oct 2002
Location: NJ
Posts: 1,215
|
schiff is right, and the dollar is going to cliff dive ala UK Pound style. the sudden blast up in the dollar is based on large ibanks in bed with the fed/treasury targeting hedgefunds that were driving up oil and all commodities just when bernanke needed to cut rates and the gov to throw gobs of trillions of fiscal stimulus. one example of political targetting was the ban on short selling of financials. hedgefunds, as a strategy, hedge! so when they were all short the equities and long the respective company bonds, well BOOM go a few hedgies who had a bit too much leverage. along with their short dollar long commodities positions as margin calls permeated throughout the entire investing world.
as fundamentals come back into focus, oil will be at $100 in short order. gold will be 1500-2k and unemployment will tick up to 12% in '09 and head for 20% (yes, 1 in 5 unemployeed!) by end of 2010.
__________________
tom at ryphs dot com |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#71 | |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Quote:
It is only true that the 1988 economy was slightly stronger than expected but certainly not a "miracle". Many economists thought that the '87 stock market crash would shave about 1% off GDP. Nowhere near a recession and of course as we now know it never materialized anyway. Here's an article from "The Economic Review" published at the end of '87. http://www.kc.frb.org/publicat/ECONR...7/4q87cacy.pdf "The US Economy continued to grow in 1987 as the current business cycle expansion extended into its fifth year, making it the longest peacetime economic upturn in U.S. history". Paul missed widely on that one. Although the paper expected sluggish growth in the first half of 1988 overall they predicted continued growth. They wrote "a balanced assessment of the economic prospects for 1988 indicated continued expansion is likely". Economic forecasting is a fool's game.
__________________
skype = "adultdatelink" |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#72 | |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Quote:
"This is not just a US bubble, it is a world-wide bubble and not just in real-estate prices but nearly all assets. What always happens in the manias is that people claim the fundamentals have changed and support the rise. In 2000, increases in productivity would push the Dow Jones to 36,000. Now people think there are fundamental reasons why people in Boston and Miami should be getting rich by buying property in one year and selling in the next. Bulls are a great ride for people who don't get on at the top. Those who do get bucked"
__________________
skype = "adultdatelink" |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#73 |
ICQ: 197-556-237
Join Date: Jun 2003
Location: BRASIL !!!
Posts: 57,559
|
![]() smells fight! hahaha
__________________
I'm just a newbie. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#74 |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Nah, just a friendly conversation. and a fun one at that. ;-)
keeping up with roubini?
__________________
skype = "adultdatelink" |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#75 |
Too lazy to set a custom title
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
|
Article in WSJ today.
Right Forecast by Schiff, Wrong Plan? "Mr. Schiff's Darien, Conn., broker-dealer firm, Euro Pacific Capital Inc., advised its clients to bet that the dollar would weaken significantly and that foreign stocks would outpace their U.S. peers. Instead, the dollar advanced against most currencies, magnifying the losses from foreign stocks Mr. Schiff steered his investors into" At least some unhappy clients. "A number of investors said their Euro Pacific portfolios lost 50% or more in 2008, worse than the 38% drop in the Standard & Poor's 500-stock index last year. People familiar with the firm say that hardly any securities recommended by Euro Pacific brokers gained ground in 2008." To be fair looks like there were better results in prior years. "When global markets were soaring, many Euro Pacific investors' accounts experienced strong performance. For several years, investors saw returns in excess of 20% a year as foreign stocks and commodities surged, according to people familiar with the firm." What have you done for me lately? ;-) Here's the decoupling bit which was a real miss. "One of Mr. Schiff's biggest forecasts was that many overseas economies would "decouple" from the U.S., gaining strength even as the American economy struggled. Instead, overseas stock markets plunged as much or more than U.S. stocks in 2008 as the global economy skidded. Prices for commodities also tanked, torpedoing another favorite investment theme of Mr. Schiff's. After last year's losses, his firm has about $845 million in assets." I don't believe his record is public but here's someone who came forward. "Early last year, Richard De Gennaro, a retired Harvard University librarian, put $100,000, about 15% of his assets, into a Euro Pacific account that included Canadian Oil Sands Trust, which focuses on crude-oil projects in Canada, and the India Capital Growth Fund, which holds investments in companies that do business in India. Both investments took big hits in 2008, compounded by the fact that the Canadian dollar and the Indian rupee fell 18% and 19%, respectively, against the U.S. dollar. The 83-year-old retiree's account is now worth about $37,000, a 63% plunge. Mr. Schiff "goes around saying that he was right," says Mr. De Gennaro. "He was right about one thing and wrong about everything else." And another "Among investors who turned to Mr. Schiff's firm just as his strategy began to falter, Brian Kullberg, a design engineer in Portland, Ore., says he started to worry about the state of the U.S. economy in early 2008. He put $70,000 into a Euro Pacific account, hoping it would benefit as the U.S. economy and the dollar weakened. By late January 2009, his investment had shrunk to about $25,000." Don't get me wrong. My view of Schiff isn't [b]all[/b[ negative. I'm just saying he gets some things right some wrong - but I don't think he is in any way deserving of the praise some are laying on him. Being right about an investment thesis can still get you killed if you have the timing wrong. Schiff predicted in 2002 that the Dow Jones would go "to 2000 to 4000 or maybe less". The next 6 years saw the Dow Jones rise 40%! Then in his book last year he predicted decoupling. if you bet on it you probably lose even more than you did in the Dow. We don't know all his client's results but we can see he is speculating based on his macro views and when the timing is wrong is losing his clients more money than they would have otherwise. But who has put their money where their mouth is? How many of you have invested with Schiff? Or how many would/will? His company, Euro Pacific Capital doesn't have a required minimum investment other than minimum lot sizes in any purchased foreign equities which is going to be minimal. If you've invested with him how are you doing? If not, why not?
__________________
skype = "adultdatelink" |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#76 |
Confirmed User
Join Date: Nov 2003
Location: 237 619 975
Posts: 8,944
|
the video is gone
![]()
__________________
|
![]() |
![]() ![]() ![]() ![]() ![]() |