• Ricardo Espinosa
    Futures have halved losses to only -3.5 in S&P from -7,so I expect +14 by close.
    10/18/11
    Reply (16)
    • Mr. Massive: 1240 actually isnt a bad guess with this bullish bias, albeit inadvertent.
      10/18/11
    • Mr. Massive: its like the smart people know whats coming - but the market won't listen to the warning signs...
      10/18/11
    • Mr. Massive: country after country keeps getting downgraded - countries, needed to say it again. we have a european banking system that is leveraged
      10/18/11
    • Mr. Massive: 3x as much as the US banks were in 08-9, countries with higher gdp ratio, and they want to leverage the backstop to backstop their union
      10/18/11
    • Mr. Massive: at a rate to 6:1? Correct me if I'm wrong, but when government steps in and can't fix it, instead of letting death die, and encouraging
      10/18/11
    • Mr. Massive: renaissance and rebirth, confidence will be unable to be bought, the market 750.
      10/18/11
    • Ricardo Espinosa: I´m thinking that the exponential money growth has left Fed and central banks with their last semi-useful bullets, as they will have (cont)
      10/19/11
    • Ricardo Espinosa: to create no less than double what they created to bailout EU and banks (probably last 2-4 bullets), resulting in total system failure.
      10/19/11
    • Ricardo Espinosa: But politicans and bankers always amaze me, the length they´ll go to keep "capitalism" alive is incredible, magic tricks for grown-ups.
      10/19/11
    • Ricardo Espinosa: For more on exponential growth check out these graphs: the first is an example of exponential growth: http://bit.ly/oTuAU7
      10/19/11
    • Ricardo Espinosa: This one is the money supply, courtesy of the Fed (I know, right, pretty scary): http://bit.ly/n6xJjK
      10/19/11
    • Mr. Massive: totally agree - its juts their version of crony capitalism - not what our forefathers envisioned. going back to basics is what i want.
      10/19/11
    • Mr. Massive: *might need to add term limits to senate and congress, should be pinnacle of career, not your career, and be a servant of the constituents.
      10/19/11
    • Mr. Massive: money supply is crazy - sorta why i think we get to 2900 gold soon :(
      10/19/11
    • Mr. Massive: 5 yrs
      10/19/11
    • Ricardo Espinosa: At least 2.9k Gold, one thing you can count on right now is inflation.
      10/19/11