"I first addressed my negative views on gold in mid-October, and boy was that a learning experience. I had known the definition of "gold bug", but I was totally unaware of its antonym until I reviewed the 100+ almost exclusively negative comments that article generated."
GM: More Bailout-Worthy than Citigroup [View article]
Neither C nor GM, and for that matter any other entity no matter how big, should be bailed out. Badly managed companies need to die so in their absence a new and more innovative companies can be born. Bearing short term pain is a necessary price to pay for long term prosperity.
Last Thursday Was the Bottom - It's Time to Get Back in [View article]
You say;
"In short, it's time to get back in. I am buying good companies that have been unfairly beaten down ... companies like shallow-water driller Hercules Offshore (HERO), dry bulk shipper Dryships (DRYS), and solid financials like Bank of America (BAC)"
which sounds like you do not yet have them but will buy since you think market have bottomed.
But the disclosure says; "Disclosure: Author holds long positions in BAC, C, HERO and DRYS"
Which tells me you already bought these shares. So you are here to pump shares you already own. Will you be here telling people to sell before you sell? Or are you just a stock pimp?
OPEC's Pity Party: Portents for the Global Economy [View article]
I think we can now say that the rise in OIL price from $70 to $147 in 10 month period was not due to consumer demand, but rather due to speculative demand. Therefore it is no coincidence that OIL is tanking as global deleveraging is underway. Likewise, the so called demand for steel, corn, wheat, and most likely all hard assets, were driven by speculative demand rather than consumer demand. Therefore then what does CFTC have to say for their explanation of OIL price? Are these regulatory agencies run by idiots or criminals, or possibly both?
The Upcoming Recession Could've Been Much Worse [View article]
recession is a part of business cycle. It does not appear what we are entering is a part of business cycle. Instead we appear to be entering the other side of credit cycle. I don't recall we've been here before. As credit gets reduced/destroyed, what will happen to those who confused credit with wealth?
Surviving the Financial Nuclear Winter [View article]
If the FED is going to lend directly to corporations, then the $850B bail-out bill is pointless. Take that $850B and use that to lend to the corporates and let the useless, pointless, and needless banks to go where they belong.
It's a matter of trust; when Sarah Palin blames only the mortgage lenders for seducing people to purchase over-priced homes yet places no blame on greedy buyers who was thinking of home of as a cash cow, then she is either incompetent or worse ... How can you trust her to be in a position to become CEO of this country?
ECB Worried About Stagflation, Keeps Interest Rates Unchanged [View article]
In global economy, tricky Trichet is off loading global economic burden on US tax payers shoulder. This is another evidence in a series of policy failure of Bernanke Fed.
Paulson's bailout plan proposes to throw away $700B to bail out bankers and wall-street cronies while creating bigger mis-trust between banks by eliminating mark-to-market-account... and reducing capital reserve ratio to 0. Paulson and Bernanke should be fired immediately for proposing the bail-out plan then trying to ram it down the throat of US public with fear of economic melt down.
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Latest | Highest rated11 Reasons Why It's Time to Invest in China and 5 Ways to Play It [View article]
Own Gold? Time to Fold [View article]
Just try and say something negative about AAPL.
GM: More Bailout-Worthy than Citigroup [View article]
Last Thursday Was the Bottom - It's Time to Get Back in [View article]
"In short, it's time to get back in. I am buying good companies that have been unfairly beaten down ... companies like shallow-water driller Hercules Offshore (HERO), dry bulk shipper Dryships (DRYS), and solid financials like Bank of America (BAC)"
which sounds like you do not yet have them but will buy since you think market have bottomed.
But the disclosure says;
"Disclosure: Author holds long positions in BAC, C, HERO and DRYS"
Which tells me you already bought these shares. So you are here to pump shares you already own. Will you be here telling people to sell before you sell? Or are you just a stock pimp?
5-1/2 Ways to Make the Market Rally [View article]
Peak Oil's Bell Is Ringing [View article]
These is utterly false. Just ask the Russians.
OPEC's Pity Party: Portents for the Global Economy [View article]
The Upcoming Recession Could've Been Much Worse [View article]
Friday Outlook: Commodities, Emerging Markets [View article]
Wednesday Outlook: Commodities, Emerging Markets [View article]
Surviving the Financial Nuclear Winter [View article]
When Hedgies Attack: Morgan Stanley Drops 40% on Rumors [View article]
The Biden-Palin Panderfest [View article]
ECB Worried About Stagflation, Keeps Interest Rates Unchanged [View article]
Options Trader: Temptation Tuesday [View article]
globaleconomicanalysis.../
Paulson's bailout plan proposes to throw away $700B to bail out bankers and wall-street cronies while creating bigger mis-trust between banks by eliminating mark-to-market-account... and reducing capital reserve ratio to 0. Paulson and Bernanke should be fired immediately for proposing the bail-out plan then trying to ram it down the throat of US public with fear of economic melt down.