tag:blogger.com,1999:blog-6257383212402829493.post6422615462946315669..comments2024-02-18T07:14:16.717-05:00Comments on The Gold Bubble: Howard Katz Takes Alan Abelson To TaskDaniel M. Ryanhttp://www.blogger.com/profile/07756525227609911646noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6257383212402829493.post-28329326444977323882013-01-02T17:22:40.221-05:002013-01-02T17:22:40.221-05:00Their is nothing like old fashioned gold.Their is nothing like old fashioned gold.QUALITY STOCKS UNDER FOUR DOLLARShttp://www.mysheriff.net/profile/finance/alsip/930503601/noreply@blogger.comtag:blogger.com,1999:blog-6257383212402829493.post-10544662751884571632010-08-04T10:06:13.624-04:002010-08-04T10:06:13.624-04:00Thanks for the link. The graph doesn't exactly...Thanks for the link. The graph doesn't exactly point to a long-term improvement in the conditions of the American worker. <br /><br />I haven't shifted to your position on the gold-bubble matter because one of the signs of a bubble before take-off phase (what I call a nasent bubble) is overvaluations that act like they're permanent. Long-term bull markets typically end in a parabolic rise - a bubble - and gold hasn't been through one this decade except in the short term. <br /><br />From what I've read, there was a general view that things were good and would be getting better back in 1970. The '70s were a disappointing decade (except for goldbugs.)Daniel M. Ryanhttps://www.blogger.com/profile/07756525227609911646noreply@blogger.comtag:blogger.com,1999:blog-6257383212402829493.post-58215154160114743272010-08-04T04:23:01.657-04:002010-08-04T04:23:01.657-04:00As far as the ratio of wages after taxes to gold i...As far as the ratio of wages after taxes to gold is concerned, have a look at<br />http://www.economicpopulist.org/content/wages-versus-gold-look-historical-data.<br /><br />The current value of the ratio suggests that we are not in a nascend bubble but rather in a full-blown bubble which is about to burst. The best time in the western world was 1970, which is supported by anecdotical evidence. I wasn't even born back then so can't tell for myself.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6257383212402829493.post-70583748510312922352010-08-03T13:42:23.233-04:002010-08-03T13:42:23.233-04:00Thanks for the compliment; I'm glad you're...Thanks for the compliment; I'm glad you're here.<br /><br />Even nowadays, moving a car plant to mainland China is a bit daunting unless they're made for consumers in the area. The transporation and other logistical costs are too high to make it worth any car company's while to make 'em there and ship 'em here. <br /><br />Jeff Rubin is making the argument that higher oil prices will make a lot of present outsourcing unprofitable in the near future.Daniel M. Ryanhttps://www.blogger.com/profile/07756525227609911646noreply@blogger.comtag:blogger.com,1999:blog-6257383212402829493.post-75290379921113069522010-08-03T13:05:25.540-04:002010-08-03T13:05:25.540-04:00Daniel, I enjoy your blog very much. I reckon Henr...Daniel, I enjoy your blog very much. I reckon Henry Ford had no opportunity to move production lines to China. Poor man...Anonymousnoreply@blogger.com