WSJournal Says "Start Stockpiling Food!" 700 Club Says "Ditch the Dollar Now!"

Started by stephendare, April 24, 2008, 10:48:57 PM

Driven1


Driven1

Quote from: stephendare on April 25, 2008, 02:24:15 PM
Quote from: Driven1 on April 25, 2008, 02:22:15 PM
ps - why is everything a homosexual insult to you these days?
Its usually supposed to be a sign of other stuff, but Im not a psychologist, so I don't know.

oh please, don't be so self-deprecating.  do you really expect anyone reading this to think that you don't know everything about everything?  you're not an etymologist, but that doesn't stop you from declaring "seperates" as a verb, now does it? 

Driven1

Quote from: RiversideGator on April 25, 2008, 02:12:14 PM
BTW, "seperate" is a common misspelling of "separate".  It is wrong, at least in American English.  Let's move on.

Yay!!!! 

Charleston native

Stephen, the important question for us "financial analysts" to answer is that if supply is down and demand is up for food, where is the source of this fluctuation? The problem is that the supply of food is being cut from one market where it solely existed, and a part of it is being placed into a different, highly volatile market in fuels. I would be interested to see a source showing that the demand has indeed tripled. However, I think its a combination of demand rising and supply falling due to the supply being used as a fuel.

Driven1

Quote from: stephendare on April 25, 2008, 02:33:27 PM
In fact the most reliable dealer of silver disks (are we going to argue about the alternative 'disc' spelling)locally has been sold out of both bricks and disks for the past week

Nope mo, that one is actually legit.  But let's not extrapolate from one correct example and say that every word has an alternative spelling.  Not in english anyway. 

Driven1

Quote from: RiversideGator on April 25, 2008, 02:09:12 PM
As the CEO of a fertilizer company, do you think this guy may have an ax grind?  He has certainly benefited from the increase in the value of the stock in his company which has occurred concomitantly with the commodity boom/bubble.

River... here is additional info from thestreet.com (which admittedly is partially ran and owned by an idiot -Cramer - but he is right on this one) today too...a 3rd party that is NOT a fertilizer co. CEO...

Quote
Better seeds and more fertilizer. That's it. Those are the technology weapons in the war against food shortages caused in the short term by a worldwide obsession with biofuels (we are the worst offender, of course) and in the long term by the increased affluence in China and India, which leads to more nutritious, protein-filled diets. Both forces, when combined with worldwide droughts and failed harvests, not augmented by the U.S. -- we are late to start with our corn season -- are driving prices up to ridiculous levels.

Driven1

Quote from: stephendare on April 25, 2008, 02:49:53 PM
Quote from: Driven1 on April 25, 2008, 02:43:17 PM
Quote from: stephendare on April 25, 2008, 02:33:27 PM
In fact the most reliable dealer of silver disks (are we going to argue about the alternative 'disc' spelling)locally has been sold out of both bricks and disks for the past week

Nope mo, that one is actually legit.  But let's not extrapolate from one correct example and say that every word has an alternative spelling.  Not in english anyway. 

I promise not to do that if you promise not to extrapolate the existence of 'incorrect' quotes in English from Ancient Greek Philosophers that never spoke the language.

you promise?  how can i trust this promise while you are still doing it?  while you are in the middle of making up a word, you expect me to believe such a promise?  i'm sorry, but you are going to have to show me better behavior before i will believe this "promise".

RiversideGator

Driven:  I suppose demand could be higher, but 3 times higher seems bogus to me.  In the absence of concrete information regarding actual wheat consumption (to use a common commodity example), I simply do not believe that demand has caused the entire increase in prices.  I think this increase is caused by maybe 15% demand increase, 40% money supply increase and 45% speculation.

RiversideGator

Quote from: stephendare on April 25, 2008, 02:33:27 PM
Quote from: Charleston native on April 25, 2008, 02:30:45 PM
Stephen, the important question for us "financial analysts" to answer is that if supply is down and demand is up for food, where is the source of this fluctuation? The problem is that the supply of food is being cut from one market where it solely existed, and a part of it is being placed into a different, highly volatile market in fuels. I would be interested to see a source showing that the demand has indeed tripled. However, I think its a combination of demand rising and supply falling due to the supply being used as a fuel.

On this was agree.  Ethanol production, plus the 1000 year drought and the failure of the indonesian crops placed a heavy burden on Rice and Corn.   But the ethanol production isnt enough to account for the shortages of wheat or cooking oil, most of which are composites.

by the way, River, Gold isnt actually my first choice of PMs.  Silver is. You would be quite surprised how many of the bohemian and downtown set have respectable stashes of silver piling up right now.

In fact the most reliable dealer of silver disks (are we going to argue about the alternative 'disc' spelling)locally has been sold out of both bricks and disks for the past week

Hes got plenty of gold on hand though.

Well, I for one am not prepared to take investment advice from the "bohemian set".   :D ;)

RiversideGator

Quote from: stephendare on April 25, 2008, 03:05:08 PM
mouthpiece of the bohemian set, Keith Olberman
http://www.youtube.com/v/Mk9ZfVaxY1o

Olbermann is wrong about so many things and on so many levels.  I really dont have the time to get into that right now.  Suffice it to say that he is really more of a far left entertainer than a purveyor of information.

Charleston native

Hmmmm...Stephen, you do know that quoting George Soros tends to conjure serious credibility problems?  ;)

I'm strapped with work right now, but I'll respond to that article later.

Doctor_K

Now I'm curious to know who the 'local retailer' of gold and silver is!  Any insights on that one?  I've been wanting to get in on that action for a while.

In other news, today gold prices continue to stay below $900/oz, platinum is dipped slightly further below $2000/oz, and silver is back down to just shy of $17/oz.  Which means, naturally, they'll be back to a hefty percentage above these rates by this time next week.  Gotta love it!
"Imagination is more important than knowledge. For while knowledge defines all we currently know and understand, imagination points to all we might yet discover and create."  -- Albert Einstein

Midway ®

Quote from: stephendare on April 25, 2008, 04:18:22 PM
Quote from: Charleston native on April 25, 2008, 04:15:05 PM
Hmmmm...Stephen, you do know that quoting George Soros tends to conjure serious credibility problems?  ;)

I'm strapped with work right now, but I'll respond to that article later.

on political philosophy or money manipulation?

Two very different levels of credibility i would assume.

Charleston Native doesn't like George Soros, which means Soros is wrong. After all what does he know, being the 80th richest person in the world and having made that money himself. I'm sure that Charleston native is much more astute an investor than Soros.

And we all look forward to you response just as soon as you finish cleaning out that kitty litter box.

Charleston native

Quote from: Midway on April 25, 2008, 07:05:13 PM
Charleston Native doesn't like George Soros, which means Soros is wrong. After all what does he know, being the 80th richest person in the world and having made that money himself. I'm sure that Charleston native is much more astute an investor than Soros.

And we all look forward to you response just as soon as you finish cleaning out that kitty litter box.
I would look forward to you not responding in general...isn't there some hamburger grill you need to clean? Keep on trolling!

Driven1

Quote from: stephendare on April 25, 2008, 03:02:38 PM
http://www.youtube.com/v/gUkbdjetlY8

i remember seeing this originally when it aired...i remember thinking wtf??  this is Cramers WORST by far, but not his only screwup.

DonHerrold.net for many other idiot Cramer instances.