Alex Wallenwein

U.S. Can Blame Wall Street - Who Should Everyone Else Blame?

Blame? We, Americans, need to blame ourselves for allowing the financial elites and their political gophers to create a system based on nothing but debt leveraged by debt-derivatives and further derivatives of those. If we try blame it on anyone else, we'll never fix it.

Preserving U.S. Economy Over Free Markets (Short Sellers)

The free market doesn't need a helping hand. Here in the US, it has received way too many 'helping hands' that ultimately tied it down and made it unfree. It is this lack of freedom that has prevented long-overdue liquidations of bad (mal) investments.

Government excuses for rigging the market are as endless as the excuses for restricting individual freedom. In the end, they never work and only lead to bloodletting, whether financial or biological. If any country's history stands as a testimony to that point, it is this country's. Too bad the schools don't teach history anymore. This article (and many of the comments made to it) testify to that sad fact.

Precious Metals Manipulation: Lawyers Prepare for Battle

To all would-be manipulators: THANK YOU!! I am enjoying the ability to buy at depressed prices tremendously. Please keep it up.

You folks who want to sue them - are you nuts? Let them continue and enjoy the ride. You lose money only when you sell during these engineered downturns. Need to sell a portion to pay for living expenses? Did you habve to sell at lower than normal prices? That's comes with the territory. If you sell your entire holding because of price drops, you haven't understood the fundamentals. Time to brush up. Do you think Indians are unhappy because of this price drop? Or the Vietnamese?

Bernanke's Words

Excellent post, Reggie! Short, to the point, and dead-on!

Will the Commodities Bubble Stay Deflated?

All that, of course, assuming that commodities really are in a bubble and that whatever they are in even began to "deflate." What's in a bubble is fiat-issuance, which has caused all the other, speculative bubbles. Gold, for example hasn't even begun to "bubble" yet. it won't, as long as long bond yields are staying below 5 or 6 percent. When that changes - watch out!

Reflexivity Driving Risk and Reality

Low yields mean low returns, which can then only be raised by climbing up the risk ladder.

Reflexivity Driving Risk and Reality

The truth is that lowr-than-normal Fed interest rates after 2001 have caused investors to starve for risk, driving their risk tolerance ever higher, causing an unprecedented amount of leverageing throughout the markets. It's only natural and healthy that this should unwind now. Any more Fed interventions, and we will go through the same cycle again and again, each time at higher risk to the overall system.

Requiem for a Departing Economic System

Prescient: The author neither owns any equity nor holds any short positions.

Signed: The author

Gold and Silver Will Not Save You From a Sell-Off

Sorry, dude, but you have no idea what you are talking about - as gold's price action beginning right after your article was published amply demonstrates. Not only did you miss the boat - you jumped in the wrong direction. Gold was then under $700, now it's at $960! Nice try, anyway.

The Monolines Need $200 Billion? No Way

Egan did not say thebond isurers need $200b to "stay solvent." He said they need that to maintain (or now recover) their AAA credit ratings:
business.timesonline.c...