OnTheContrary

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OnTheContrary commented on an article. 1:24 AM

Gold Collapse: The Start of Something Big?

Gold doesn't correlate with inflation? In 1913 when the Federal Reserve was founded, the gold price was $18 an ounce. Since then the dollar has lost 98.5% of its value in purchasing power, or to put it another way it is worth only

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OnTheContrary commented on an article. 9:35 AM

The Incredible Shrinking Deficit

Most of the apparent improvement over the last six months is due to fiddling with tax policy. The anticipation of higher dividend and cap gains taxes produced a surge of fat special dividends in the last calendar quarter of 2012,

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OnTheContrary commented on an article. 4:43 PM

Obama's Budget Hurts Seniors, Helps Hospitals

" I doubt the increased premiums will put a major dent in seniors' budgets. Retirees making more than $85,000 per year will have to pay about $250 more per year than they do right now."

The problem is

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OnTheContrary commented on an article. 6:09 PM

The Unbiased Truth on Chained CPI and Social Security

Seniors trying to live on fixed income Social Security payments are not typical urban consumers, and they have far less flexibility in making substitutions. Thus a shift to chained CPI disproportionately penalizes this poorest class

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OnTheContrary commented on an article. 8:35 AM

The 25 Highest Dividend-Paying Stocks in April

Where is Pengrowth Energy Corp (PGH)?

Market Cap $2.49 billion, dividend 9.7%, and explicitly committed to maintaining the current dividend indefinitely, which there's every reason to believe they can do.

Article Comment

OnTheContrary commented on an article. 2:59 PM

The Difference Between Inflation and Outright Theft

If the overall inflation rate is in the neighborhood of 7% (and it is, measured by the undoctored CPI maintained at economist John Williams's ShadowStats website) that's an average of all the different inflationary components,

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