tag:blogger.com,1999:blog-7982981413278241287.post4559932995883262360..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: A Warning On The Dollar From il Padrino...Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7982981413278241287.post-69074414765407482012011-01-26T22:23:39.565-07:002011-01-26T22:23:39.565-07:00hey bill...look at the BDI from the bright side of...hey bill...look at the BDI from the bright side of things...it's up over 100% from the 2008 lows :)SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-40007685020853019142011-01-26T11:06:25.799-07:002011-01-26T11:06:25.799-07:00Italian authorities have confiscated $20 billion i...Italian authorities have confiscated $20 billion in counterfeit U.S. government bonds.<br /><br />http://finance.yahoo.com/news/Italy-confiscates-euro20-apf-1927243563.html?x=0<br /><br />Ha ha ha ha<br /><br />BillBillnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-39831758392865830542011-01-26T08:46:39.462-07:002011-01-26T08:46:39.462-07:00Bill, I think the BDI is worth following, but the ...Bill, I think the BDI is worth following, but the question is, does the index level move based on whether or not new ship capacity comes online or demand changes? Capacity is "lumpy" and if a lot of cargo ships were orded two years ago, we could be seeing extra marginal capacity vs. a change in demand. I don't know the answer to this. I think it's possible there is a slowdown in demand for commodities in China but who the heck really knows.<br /><br />All this is to say that I think the BDI is worth tracking to use in conjunction with other data out there, but not necessarily a good leading indicator in and of itself.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-56533334420399752692011-01-26T06:29:07.289-07:002011-01-26T06:29:07.289-07:00HOLY S*IT!!!!!!!!!!!!!!!!
http://www.bloomberg.co...HOLY S*IT!!!!!!!!!!!!!!!!<br /><br />http://www.bloomberg.com/apps/quote?ticker=BDIY:INDBillnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-50665925221638457622011-01-25T23:38:56.946-07:002011-01-25T23:38:56.946-07:00In terms of civil unrest I think Denver is not goi...In terms of civil unrest I think Denver is not going to get too ugly. But nowhere in this country will be safe from the tentacles of what will become a totalitarian Government. I tell people that I can explain to them how to get to the "other side" of what's coming with their wealth relatively intact. But do you really want to see that the "other side" looks like?Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-52651947369435527292011-01-25T22:43:20.927-07:002011-01-25T22:43:20.927-07:00hey dave, just an off-topic question: how safe do ...hey dave, just an off-topic question: how safe do you feel in denver/CO more generally riding out this storm? why?<br /><br />as i used to live in denver over a decade ago, i can't imagine the changes since then, but it seems like it's just as overbuilt as everywhere else (save Nevada).<br /><br />I'm curious to know your thoughts since you're there (and I used to live at quebec and iliff).<br /><br />satyaSatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.com