Seeking Alpha

earl880

earl880
Send Message
View as an RSS Feed
View earl880's Comments BY TICKER:
Latest  |  Highest rated
  • No More Wishful Thinking: Evidence Solidly Confirms The End Of The Housing Crash [View article]
    And what about the gigantic shadow inventory of homes the banks are keeping off of the market so they can keep them on the books at elevated prices. This glut of homes will just increase the supply of already unwanted houses, IMHO.
    Oct 16 11:20 AM | 12 Likes Like |Link to Comment
  • Eurozone Debt Crisis: We May Have Seen Worst [View article]
    Is this guy serious? Are home prices still falling and is unemployment still high in Europe? And are global CDO's and CDS's still tied to said mortgages? And is the global derivative market around 650 trillion? Then, NO, things are not about to get better.
    Oct 1 03:46 PM | 11 Likes Like |Link to Comment
  • Gold Hits New Record High - But Why? [View article]
    Why is gold going up? Four reasons.

    1) Helicopter Ben is readying QE3
    2) All fiat currencies continue their race to the bottom.
    3) Eric Sprott just doubled his gold holdings in PHYS.
    4) China is pretty much ordering it's citizens to buy physical gold.
    Apr 7 02:09 PM | 3 Likes Like |Link to Comment
  • Gold Hits New Record High - But Why? [View article]
    How can gold be in a bubble when less than 1% of the public owns any?
    Apr 7 02:06 PM | 2 Likes Like |Link to Comment
  • Southwest Airlines (LUV) grounds 81 planes from its Boeing (BA) 737 fleet after a three-foot hole opened up in the fuselage of one of its aircraft today, forcing an emergency landing. Southwest and Boeing say they're trying to determine the cause.  [View news story]
    I bet all of you jokers criticizing Mongie are on your hands right now praying for QE3.

    Conservatives = Hypocrites
    Apr 3 11:13 PM | 1 Like Like |Link to Comment
  • AIG (AIG) offers the NY Fed $15.7B for Maiden Lane II - a company the Fed created to rescue some of AIG's mortgage-backed bonds and stem its cash bleed. If accepted, the deal would reduce the taxpayer price-tag for AIG's rescue to $72B, and the Fed would log a $1.5B profit on Maiden Lane II.  [View news story]
    And what would AIG be using for money? Oh that's right. Our tax dollars.
    Mar 10 07:48 PM | 9 Likes Like |Link to Comment
  • At least two FOMC members have said they may vote against extending the Fed's stimulus program, and three votes against Bernanke would be an act of "mutiny,” Pimco's Anthony Crescenzi says. Dallas Fed's Richard Fisher left little doubt yesterday that he would dissent from further QE if growth accelerates.  [View news story]
    Complete and total kabuki theater. They will still be re-enacting this farce when we're at QE7.
    Feb 9 03:39 PM | 1 Like Like |Link to Comment
  • Crediting the muni crash to Meredith Whitney, Charlie Gasparino says it's time for her to show her hand and publish the actual report that led her to believe in mass defaults. Researchers keep info private all the time, but she's marketed her views on national TV - and let them fester for a month now, as taxpayers suffer.  [View news story]
    Yeah, Meredith made all of those municipalities inhale toxic CDS's and keel over. Give me a break. Next, he'll be blaming it all on the terrorists.
    Jan 21 01:13 AM | 1 Like Like |Link to Comment
  • In the Q&A follow-up to his testimony, Ben Bernanke says don't worry too much about muni bonds: "We're not seeing extraordinary stress." The Fed's got "no expectation or intention to get involved in state and local finance" despite some authority to do so. And don't panic on inflation: "The facts are that inflation is 1% including food and fuel."  [View news story]
    You lie!!!
    Jan 7 11:51 AM | 7 Likes Like |Link to Comment
  • The one reason the Fed did not mention for why rates rose after trying to keep them low: inflation. The FOMC minutes listed every other possible reason, despite surging commodity prices (before today). The Fed continues to see deflation as the greater threat, giving it a license to print.  [View news story]
    Nope. QE 3-7 coming soon to a theater near you!
    Jan 4 10:09 PM | 1 Like Like |Link to Comment
  • Gold will continue to rise until Ben Bernanke resigns some time in late 2011 amid broadspread deflation, Jim Walker, founder and CEO of Asianomics, predicts. On the euro: "I think there will be an exodus of countries from the euro that just can't stand the pain."  [View news story]
    The economy was in a death spiral long before President Obama was even elected to office. And yes, it is Bush's fault. And Clinton's for helping to repeal Glass-Steagall and offshoring our manufactuing base with NAFTA. And most definitely Greenspan's, Paulson's, Bernanke's, and Blythe Master's fault, while we're at it.

    The only ones who try to re-write history are those who are embarrassed by it.
    Jan 4 01:00 PM | 1 Like Like |Link to Comment
  • Gold will continue to rise until Ben Bernanke resigns some time in late 2011 amid broadspread deflation, Jim Walker, founder and CEO of Asianomics, predicts. On the euro: "I think there will be an exodus of countries from the euro that just can't stand the pain."  [View news story]
    You are correct but about five years too soon on your timing.
    Jan 4 12:54 PM | Likes Like |Link to Comment
  • Silver's Artificial Price Fixing Regime Has Ended [View article]
    When Bernanke has embarked on QE5 all of you gold and silver naysayers will be crying the blues.
    Jan 2 11:38 PM | 4 Likes Like |Link to Comment
  • Investors are growing increasingly bullish about stocks, which might just be a sign that most of the good news is already behind us.  [View news story]
    If it were not for the blatant and ongoing government intervention in the markets, the TBTF banks and the DOW would have collapsed like cheap accordions by now. The NYSE is now synonymous with a Potemkin village.
    Dec 25 10:06 PM | 10 Likes Like |Link to Comment
  • European leaders agree to amend the EU treaty to allow a permanent bailout fund. The new facility, known as the ESM, will take over in 2013 from the existing €440B EFSF. Details, such as the size of the fund, whether bondholders will take haircuts, or more stringent rules for profligate nations, are not yet agreed on.  [View news story]
    Wow. They just laminated corruption.
    Dec 16 04:37 PM | Likes Like |Link to Comment
COMMENTS STATS
137 Comments
286 Likes