Chubbs

The Android Army: Verizon Wireless, Google Ink Collaboration Pact

I hope Wiz is wrong this time. Verizon is THE nickle and dime professional.


On Oct 06 03:48 PM Wireless Wiz wrote:

> With Verizon on the job, you can bet the result will be a neutered
> version of Android forcing you into terrible services like vcast
> so they can nickel and dime you all along the way.

Ritholtz, Ratigan Take on the 'Giant Vampire Squid'

No, its actually operating as a giant hedge fund, all losses to be backstopped by taxpayers.

New High-Yield Muni ETF Isn't Like Other Junk Issues

But maybe you are right.


On Feb 08 08:05 PM Chubbs wrote:

> "He notes a Moody's study showing that historical default rates on
> high-yield munis run about 4.3% on an annualized basis. By comparison,
> high-yield corporate default rates come out about 32.7%.
>
> I don't think so.

New High-Yield Muni ETF Isn't Like Other Junk Issues

"He notes a Moody's study showing that historical default rates on high-yield munis run about 4.3% on an annualized basis. By comparison, high-yield corporate default rates come out about 32.7%.

I don't think so.

Time to Sell Apple

Held Apple since 1999 and now is the sell time?

Enlightening the Gold Bugs

PMpatio: Exactly, these gains are all temporary.

Enlightening the Gold Bugs

All concepts and arguments aside, I bought some gold coins in 2004 at $380. Not bad gains for 4 years. However, should there be dramatic future gains, not only is confiscation an issue, at the very least so are whopper windfall capital gains taxes.

Celebrating Wealth Destruction

The rich getting poorer is crushing the small mountain town where I live, where "the rich" come to play. I know a lot of these "rich." My God, they are humans like me, smart, funny, educated, and hard working, driven even. Sort of like me, except I'm not rich and definitely not driven.

Celebrating Wealth Destruction

Dean Baker is a hard core Marxist economist. It's amazing that anyone listens to him or takes him seriously. PhD from Ann Arbor too; I always wonder about the theme of his dissertation. He'd like us to be the old USSR. He would find paradise in Venezuela. He casually and reliably will distort the facts to suit his arguments, for example his use of the loaded word "The Rich" instead of the Middle Class as Alex just above has discerned. Pretty much everything I've read by him is twisted...

Is It Time to Buy Gold?

This is more or less a p.s. If gold does not go up then all the activity of the Fed and the Treasury since September will have failed and deflation will be the victor. Inflate or die, thats the bottom line.
Don't forget, no culture, civilization, or society has ever lasted more than a few hundred years without cataclysmic change. So cheer-up and realize everything is impermanent and nothing remains for long. Except gold.

We are still in the process of unwinding all the excessive debt and leverage. Hurts like hell.

The Manipulation of Gold Prices

I've been thinking backwards maybe. It's not that gold prices need to rise for the reflation to succeed but that if they don't rise, the reflation has failed and the black hole deflation takes full command.

The Treasury has no plans to recycle TARP funds by selling off its equity stakes or warrants in banks that have received federal money, and turning around to make new capital infusions into other institutions, Neel Kashkari says.

We can't keep postponing this by throwing freshly printed money at it. The tidal force of a bear market, the result of causes and conditions, can not be stopped by any government. Whatever you want to call it, people will try to save more and spend less. And go bankrupt. As it is, next year the government is going to sell or try to sell trillions of debt and it's likely there wont be enough buyers.

Jeffrey Christian: Gold and Silver Could Spike

The author is not exactly unbiased.

How Low Can They Go?

Besoke is far more precise at pin-pointing significant market activity than know exactly what to look for. Yes, they do point out the obvious but to most people it is an elusive obvious. They distill facts and do not predict the future. They frequently send out similar reports. I find it very useful and don't spend hours glued to my computer digging around. I want a succinct presentation of the market facts of the day, Is History yesterday's weather?

Contrarian Investing

I saw it coming. I froze with the audacity of my negativity. I ate it.