eatthis

Goldman mega call: No Fed rate hikes until 2012.

it seems to be supported by the taylor rule.

Is a Gold Correction Imminent?

what contract are you buying?


On Dec 05 04:32 AM DaveinHackensack wrote:

> "Perhaps a good 10-15% correction is due but from there we go to
> $1400+."
>
> The GLD puts I bought Thursday were up 132% Friday on the ~4% drop
> in gold: stk.ly/71HfmN
>
> I'd take a 10%-15% correction happily.

Is a Gold Correction Imminent?

i agree with the above statement that gold is correlated to the devaluation of fiat currencies and not to how "crowded" the trade is. the "crowded" theory works in a finite model, but when the amount of devaluation is increasing, which it is every day as rates remain at historic lows, people will look for alternatives to paper currency. i believe that once this correction is behind us, possibly next week, gold goes higher as investors realize how long it will take to regain all the lost jobs and how long rates will remain low. bernanke will not raise rates before we see strong growth, he would rather have inflation than a double dip.

Not Quite 1987

finding patterns in randomness is self-delusion. there are too many variables in play at the given moment to rely on history for answers.

Is the U.S. Headed Down the Same Path as Japan?

thanks for another thorough article and compelling argument. i have yet to read the entire post, printing it out now!

my only thought is that we need to be careful of comparisons with japan since, as i understand it, japan was quick to raise rates and much more hawkish than this fed will be. also, since other countries are slowing down with us and also lowering rates, the coordinated effort will change the macroeconomic results. i truly think we are in uncharted waters.. and i have a hard time believing that it will end in a v bottom as we are now seeing.

Silver Prices Are About to Fall

missing one huge point... core inflation is not necessary for an asset bubble to persist as a global foreign rotation out of dollars and into commodities continues. this would then look more like deflation.

Of particular interest from Citigroup's (C) Q2 report is the rather remarkable turnaround in its subprime exposure, moving from a $2.3B mark-to-market loss in Q1 to a $613M gain. Commercial real estate remains a sore spot.

unfortunately we don't know how much of this is due to mark to model accounting changes. what would be useful would be just the percentage of delinquencies.

The great barbecue debate: As Americans fire up their grills this Fourth of July weekend, Brendan Koerner asks, Is it better for the planet to grill with charcoal or gas?

I only use crude oil.

Market Manipulation by the 'Big Boys'?

Excellent report, right now CNN is doing a story on the value of Michael Jackson's glove now that he's gone and CNBC is doing some serious paid advertising disguised as financial news from a retreat in Aspen.

There was so much hype and outrage about "too big to fail" and yet in the aftermath of the bailouts, we have the largest firms getting even larger.

I think shorting GS is crazy, don't you know they rule the world... it's not the Free Masons.

Trade Deficit Indeed Rises, Drags on Recovery

i remember even back in high school, when i realized that it wasn't cool to take machine shop, thinking who's going to make the stuff if everyone thinks they're too good to do it?

i guess the answer is asia and the losers in america that couldn't do better.

that needs to change, we need to compete in manufacturing again. if anyone doubts that we can w/o dehumanizing our workers, consider that toyota is doing exactly that right now, in america. they're holding our wrist and slapping us with our own hand.

U.S. Records Huge Trade Deficit: Obama's Broken Promise

He did propose a plan.. to reignite manufacturing and to do something about the artificial devaluing of the chinese yuan for starters.

it has always seemed counter-intuitive to me that we can grow w/o manufacturing, since that accounts for so much of the worlds prosperity. if we're just global consumers, then sooner or later we go bust.

we just have too many people in this country to only be the source of innovation, i.e. the brain of the world.. we also need a strong body, that's the middle class.

if ww2 lead us out of the depression, is it fair to assume that it was the exporting of our war-related products that led to our eventual prosperity and not simply the domestic infrastructure programs? if this is true then our current stimulus plan is nothing more than yet another ponzi scheme.

Stewart vs. Cramer: A Cheap Shot

i used to like stewart (more of a colbert fan), but the cramer thing was so overly pious and self serving it made me want to puke. the whole part about, "guys like you knew what the banks were doing", i mean seriously, people seem to think he was telling "the man" off? if cramer was only so well informed...

then invoking his 75 year old mother and making it sound like cramer ruined her retirement plan. i think the quote was "you used to be able to buy for the long term"... and "you can draw a direct line from guys like you to the guys on wall street... ". yea, and then you can draw a straight line to kevin bacon, it's like magic. in reality, he's so uninformed on who he is actually at "war" with that he doesn't even know that in the first chapter of jim's book he says that "buy and hold" is an investment strategy that will separate you from your money lickety split (not to mention that stuart's misrepresentation of buy and hold is a gross oversimplification of what that really means to value investors).

cramer has always encouraged people to be diversified, to constantly be diligent in managing your stocks and to think for the long term, in particular to start saving young. all sage advice for these times when 401k's and mutual funds are looking less and less reliable.

this is all because of his much reviled "lightning round" but you know what, that's probably the only reason anyone know who jim cramer is. i'm sure he's done the math and decided that the damage to his reputation is worth the viewership... it seems as though poor jim is being defined by the very thing that made him famous... shouting out "buy" and "sell". oh well, i guess it's just a twitter world we live in and everything is defined by the soundbite.

On Mar 15 02:58 AM arnoldsimage wrote:

> you're an idiot.

Thornburg Mortgage Must Sell Its Soul to Stay Afloat

I agree with you in terms of earnings and value, but if the share price drops below $1.00 this is all a irrelevant, they will be de-listed.

Thornburg Mortgage Must Sell Its Soul to Stay Afloat

Does anyone know if a future reverse stock split would violate any terms of this deal, or a buyback?

Thornburg Mortgage Must Sell Its Soul to Stay Afloat

Sorry, that's the 27th.