Chris Henry

How Wall Street Keeps Dooming Itself

There is nothing wrong with giving them bonuses. There is something wrong with bailing out failed companies, regardless of what industry they are in.

The best thing we could ask for would be a complete failure of the banking system, we need a system based on sound money, the quicker the better.

If the government didn't bail out the banks the result would have been no bonuses for the bankers. It's that simple.

Cramer's Stop Trading - Summer's Draconian Statement (1/12/09)

Listen to Cramer, and take the opposite side of the trades he proposes...

The Manipulation of Gold and Silver Prices

Hedge funds dumping positions to raise cash are not the cause of the drop in price, they are the result of heavy government-led shorting through the bullion banks. These price take downs were so effective because government can always stay solvent by printing more money, while the highly leveraged hedge fund were squeezed by these bullion banks. Starved of money through increases in margins on futures exchanges and losses in other areas, long positions had to be liquidated due to the illegal short selling that is so easy under the US fascist regime.

Plausible?


On Dec 30 08:12 AM Metzenbaum Scissors wrote:

> "Mysterious sudden drops"?
>
> hedge funds dumping positions to raise cash.
>
> Conspiracy theories...

Goldman Bullish on Barrick and Gold Price

uhhh yeah.... I'm really confused. I might be crazy but just at the end of 2007 Goldman was predicting $600 for gold in 2008. These guys are more wishy-washy than Cramer.