tag:blogger.com,1999:blog-20377909.post114558720513294442..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: 25,000 HITS AND COUNTINGRandyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-20377909.post-1146014641017863992006-04-25T18:24:00.000-07:002006-04-25T18:24:00.000-07:00Really appreciate everyone posting up. Glad I was...Really appreciate everyone posting up. Glad I was able to summariza what many of you were thinking.<BR/><BR/>Robert, regarding "monitoring of hits": I actually use two separate hit monitoring systems.<BR/><BR/>The one at the very bottom of my page, which is displayed to the entire world, currently shows 26,935 hits. I believe however that this system is a little misleading, as it only counts hits on the main page.<BR/><BR/>Statcounter is my second method of tracking hits. I activated this counter nearly 1 month after activating the 1st, but the numbers are much bigger... I believe it tracks ALL hits on every page.<BR/><BR/>Example--Yesterday my site totaled out at 788 hits on Statcounter but shows only 560 on the 1st. <BR/><BR/>Statcounter shows 8,943 hits so far this month, yet the 1st shows only 6,730. As for overall hits since activation, Statcounter has counted 32,265 hits (again this was started ~1 month later than the 1st. Hope this answers your question.Randyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145994323575527522006-04-25T12:45:00.000-07:002006-04-25T12:45:00.000-07:00Re: 1983 GS1100ES. Still the bomb, NFW it should ...Re: 1983 GS1100ES. Still the bomb, NFW it should be legal anywhere on the planet. You need to be in shape just to ride competently. Upper body strength just to hold on under acceleration. Lower body strength for the seroius pucker factor and holding it vertical under hard braking. At my advanced age I'm considering a SV850/1000 series for weight and nimbleness. <BR/><BR/>Still, how do you monitor your "hits" on the site?Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145914332979984642006-04-24T14:32:00.000-07:002006-04-24T14:32:00.000-07:00Yes, I have seen this coming for some time.I refin...Yes, I have seen this coming for some time.<BR/><BR/>I refinanced my house in 2001 after 911, because I really expected things to go to shit economically. My house payment had been a burden ever since I went thru a divorce, lost my job and started my own business. It cost me nothing after factoring the difference in interest rates and my current lender giving me a no point deal. It extended the term of my loan though, big time.<BR/><BR/>I have to make a $437 house payment now, that should not be a problem.<BR/>If worse came to worse I have two spare bedrooms upstairs I could rent, but I'd really hate that.<BR/><BR/>I have been buying silver bullion since 2000, 20 ounces here 40 ounces there, now I have a stash, also an ounce of gold here and there. I also have precious metals stocks, the rest of my money is in cash, just in case.<BR/><BR/>My main goal,if things hold together that long, is to be totally out of debt in five years, I'm well on my way, owe 15k less than last year.<BR/><BR/>I have noticed that about 98% of the population just cannot think, analyze, use logic. They are very good at parrotting the latest cliche, masquerading as conventional wisdom, which in my opinion is for fools.<BR/><BR/>Two of the best are "you can't legislate morality" and "diversity is our strength" (one of Hillary's favorites)<BR/><BR/>I never thought the housing bubble would go this far this long, but never in my 51 years have I seen the total lack of lending standards. I thought (rationally)it would have turned in 03.<BR/><BR/>Oh well. <BR/><BR/>I am not anonymous, I am Julia.<BR/><BR/>I like your blog!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145912428934528302006-04-24T14:00:00.000-07:002006-04-24T14:00:00.000-07:00In general I agree with your gist, although I'm no...In general I agree with your gist, although I'm not sure I agree with the agressiveness of the "fiat currency" argument. After all, most of that currency held by foreign banks is issued as debt on security of actual assets (private or corporate) at some level. The US national debt, however, is a total mess and a big issue.<BR/><BR/>I also think you've got the timeline about right (06/07) although I think there is a large influence of generational dynamics.<BR/><BR/>The Finance WonkFinanceWonkhttps://www.blogger.com/profile/08637413446498983642noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145796432821826462006-04-23T05:47:00.000-07:002006-04-23T05:47:00.000-07:00Thanks Randy for an excellent synopsis of the curr...Thanks Randy for an excellent synopsis of the current economic state.<BR/><BR/>Living Japan doesn`t exclude me from recognizing all what you say to be true.<BR/><BR/>AndyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145753111922546302006-04-22T17:45:00.000-07:002006-04-22T17:45:00.000-07:00Ahhh and the Titanic was too big to sink. Not even...Ahhh and the Titanic was too big to sink. Not even God could sink it. <BR/><BR/>We all know how THAT turned out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145692905787588372006-04-22T01:01:00.000-07:002006-04-22T01:01:00.000-07:00Very nice post. You have nicely summarized what I'...Very nice post. You have nicely summarized what I've been thinking for awhile about our current economic situation. I’ve been trying to explain to friends, family, coworkers, etc. about the current situation in US. <BR/><BR/>When I tell people US is close to a financial crisis and real estate bubble is about to pop, I either get <BR/><BR/>1) A blank look with no response<BR/>2) Disagreement, often citing Bush (or other government officials) who states economy is strong and everything is great.<BR/>3) Disagreement, often citing their real estate agents/brokers, lenders, NAR, etc.<BR/>4) Somewhat agreement, but not complete due to the fact that US is the only superpower and can't collapse (we're too big to fail). <BR/><BR/>Anyway, your post will be very helpful when I try to explain the current dilemma to others.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145681613515546162006-04-21T21:53:00.000-07:002006-04-21T21:53:00.000-07:00Thanks to everyone for posting up!Idaho--Pretty fa...Thanks to everyone for posting up!<BR/><BR/>Idaho--Pretty fast; 0-100 in 6 sec and 150+ top end. Although I've been riding for years, my wife thinks the whole sportbike thing is just a mid-life crisis...lotsa fun though. Yea me too--Have had my eye on the 06 GSXR-1000 (sub 10's in the 1/4 mile and 165+ HP to the rear wheel), but mine had been paid for for years and I don't want to take a new depreciation hit on owning a new bike.<BR/><BR/>Robert--That bike used to be the bomb back in the day. I imagine it still scoots along pretty well.<BR/><BR/>Thanks David--appreciate your support in this whole Blogging thing.<BR/><BR/>Anon # 1 & 2--I really appreciate your comments... Makes it all worth while. <BR/><BR/>As for the question of how much gold is left in the US reserve--I'm as curious as you are. I'm quite certain much of it has been used over the last decade plus to suppress the price of gold in the world marketplace--in an attempt to snowball the public into believing the fiat dollar was a solid curency.Randyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145661172155633452006-04-21T16:12:00.000-07:002006-04-21T16:12:00.000-07:00Thanks for the repost. I had not seen it before an...Thanks for the repost. I had not seen it before and have now saved it to send to friends when I try to explain the potential problems ahead.<BR/><BR/>philAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145652162086641552006-04-21T13:42:00.000-07:002006-04-21T13:42:00.000-07:00Great Blog, thanks for the impressive posts. I won...Great Blog, thanks for the impressive posts. I wonder how much gold is really in the US Gold reserve. I've read that the Feds numbers are questionable. If that is true it would be an additional danger for our dollar. Has there been an independant inventory done recently? Anyone have any insight? Do we even want to go there?<BR/>JimAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145639816511572982006-04-21T10:16:00.000-07:002006-04-21T10:16:00.000-07:00Congrats. DavidBubble Meter BlogCongrats. <BR/><BR/>David<BR/>Bubble Meter BlogDavidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145634802057941562006-04-21T08:53:00.000-07:002006-04-21T08:53:00.000-07:00My '83 GS1100ES still scares me. How do you track...My '83 GS1100ES still scares me. How do you track your hits?Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145619207417316392006-04-21T04:33:00.000-07:002006-04-21T04:33:00.000-07:00Nice post Randy... I don't differ in any significa...Nice post Randy... I don't differ in any significant respect from your own viewpoints.<BR/><BR/>But my motorbike *still* doesn't look as fast as yours - and I refuse to get a CBR until I can pay cash! ;)<BR/><BR/>SpudMarkhttps://www.blogger.com/profile/02966009363351648139noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1145592635564018462006-04-20T21:10:00.000-07:002006-04-20T21:10:00.000-07:00This author is right on. There is indeed a curren...This author is right on. There is indeed a currency crisis that looms on the horizon. Consider the following events:<BR/><BR/>1. The prices of gold, silver, and of precious metals are hitting 25-year highs. If the dollar isn't in serious trouble then please explain why gold just broke the $600/ounce barrier?<BR/><BR/>2. The new Fed Chairman Ben Bernanke is a world expert on (of all things) the Great Depression and it's causes. Coincidence? Or insurance against the coming storm?<BR/><BR/>3. The Fed recently halted (March 20, 2006) publishing the M3 statistic which showed how many eurodollars were being held abroad. And they did this very very quietly. We now have one less way of knowing how many greenbacks are floating around.<BR/><BR/>4. Many countries (including China) are shifting their foriegn reserves away from the dollar towards a basket of currencies.<BR/><BR/>Here are a few quotes from a good friend written in the mid 80's:<BR/><BR/>"The pending economic crisis that now faces American is painfully obvious. If even a fraction of potential foreign claims against our gold supply were presented to the Treasury, we would have to renege on our promise. We would be forced to repudiate our own currency on the world market. Foreign investors, who would be left holding the bag with American dollars, would dump them at tremendous discounts in return for more stable currencies, or for gold itself. The American dollar both abroad and at home would suffer the loss of public confidence. If the government can renege on its international monetary promises, what is to prevent it from doing the same on its domestic promises? How really secure would be government guarantees behind Federal Housing Administration loans, Savings and Loan Insurance, government bonds, or even social security?<BR/>"Even though American citizens would still be forced by law to honor the same pieces of paper as though they were real money, instinctively they would rush and convert their paper currency into tangible material goods which could be used as barter. As in Germany and other nations that have previously traveled this road, the rush to get rid of dollars and acquire tangibles would rapidly accelerate the visible effects of inflation to where it might cost one hundred dollars or more for a single loaf of bread. Hoarded silver coins would begin to reappear as a separate monetary system which, since they have intrinsic value would remain firm, while printed paper money finally would become worth exactly it's proper value--the paper it is printed on! Everyone's savings would be wiped out totally. No one could escape.<BR/>"One can only imagine what such conditions would do to the stock market and to industry. Uncertainty over the future would cause the consumer to halt all spending except for the barest necessities. Market for such items as television sets, automobiles, furniture, new homes, and entertainment would dry up almost overnight. With no one buying, firms would have to close down and lay off their employees. Unemployment would further aggravate the buying freeze, and the nation would plunge into a depression that would make the 1930s look like prosperity. At least the dollar was sound in those days. In fact, since it was a firm currency, its value actually went up as related to the amount of goods, which declined through reduced production. Next time around, however, the problems of unemployment and low production will be compounded by a monetary system that will be utterly worthless. All the government controls and so-called guarantees in the world will not be able to prevent it, because every one of them is based on the assumption that the people will continue to honor printing press money. But once the government itself openly refuses to honor it--as it must if foreign demands for gold continue--it is likely that the American people will soon follow suit. This in a nutshell is the so-called 'gold problem.' (An Enemy Hath Done This, p. 218.)" (The Teachings of Ezra Taft Benson p 639-640.)<BR/>". . .it is even possible that some of the government manipulators who have brought us into this economic crisis are hoping that, in panic, we, the American people, literally will plead with them to take our liberties in exchange for the false promise of 'security.' As Alexander Hamilton warned about two hundred years ago: 'Nothing is more common than for a free people, in times of heat and violence, to gratify momentary passions by letting into the government principles and precedents which afterward prove fatal to themselves' (Alexander Hamilton and the Founding of the Nation, p. 21.) Let us heed this warning. Let us prepare ourselves for the trying time ahead and resolve that, with the grace of God and through our own self-reliance, we shall rebuild a monetary system and a healthy economy which, once again, will become the model for all the world. (An Enemy Hath Done This, pp. 220-21.)" (The Teachings of Ezra Taft Benson p 640.)Anonymousnoreply@blogger.com