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  • Dispelling Myths About the Stock Market and Precious Metals [View article]
    I assume you all remember this line:

    "I welcome any enterprise that increases my stake in it!"

    www.youtube.com/watch?...
    Nov 08 09:55 am |Rating: 0 -2 |Link to Comment
  • Dispelling Myths About the Stock Market and Precious Metals [View article]
    Unfortunately, the connection between the stock market and other parts of our society, mainly the elusive ‘Main St.’, has become a far more important connection. When we allowed a few short sellers to bring down our financial institutions, the confidence in our system almost destroyed the rest of us. This handful of narcissistic, Generation Me shorties have developed trading strategies that do nothing more then enrich their own pockets and create nothing in return. “Creative destruction”, ala Gordon Gecko era, that at least created something out of the mire they caused. The David Einhorn’s of today’s world do nothing for the greater good or for any good… except their own that is. When he was allowed to naked short Lehman’s into the toilet, we should have learned our lesson, but we didn’t. Now he is shorting the dollar into the toilet, just so that his large gold position increases in value.
    This time when he brings it all down he will bring us ALL down with it and not just a few brokerage houses.
    Nov 08 08:53 am |Rating: +1 -3 |Link to Comment
  • Pequot Capital: Yet Another Hedge Fund Buying Gold [View article]
    Really, but who cares!
    This kind of trading maybe the latest fashion, and listening to Cramer that long term investing is dead maybe very PC; but I have to admit that:
    "I'm Not Smarter Then a Fifth Grader", and I want my markets to reflect that. All this trading, Calls, Puts, CDS's, CDO's, SUV's, CIS's, etc.. etc, are what has made this market a total gamble and not a place to grow America.
    We all need to get back to simple basics and stop all this manipulation and gambling with our financial markets.
    Mar 27 07:25 am |Rating: +4 -1 |Link to Comment
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