Chubbs

Ritholtz, Ratigan Take on the 'Giant Vampire Squid'

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

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.

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...

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.

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.

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?

10 Points About the Markets

Pocketbooks instead of principles? One of my guiding principles is to never let a far right wing Christian Fundamentalist extremist ignorant wing-nut anywhere nearer to the White House than the sidewalk in front.

The Biggest Bubble of Them All

>There are some socialistic economies out there that have measurably better quality of life for their citizens than the US.

What a ridiculous statement. Name one.

This Recession Will Be Anything but Deep

Inflate or die.

Price of Oil: Speculation vs. Fundamentals

Ah, Brian, sure, doubtlessly all true.

Natural Gas Bargain Justifies Obama's Stance

On the other side, the presumptive Republican nominee has picked a vice presidential running mate who has been unfriendly to oil producers."
-- More to the point she is clearly unstable and insane.

Sarah Palin: Wall Street's Candidate

By the way Jason, my oija board says oil will get back to $150 and that $30-$50 is just the daydreaming wishful thinking of shorts like you...

Sarah Palin: Wall Street's Candidate

I think it is amazing that self-interest is all supreme. Really, people, this is a person who says she is "doing God's will." ie, she's about as nutty as any religious fanatic on the planet. Haven't we had enough people in charge who hallucinate a personal connection with God? People apparently love the connection with personal greed and imagined personal dollar benefit and are willing to ignore utter insanity.

Just Your Average Bear Market

LarryH, the market is aware of all the scary things you point out.