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  • Wall Street Breakfast: Must-Know News [View article]
    In 1918 the Spanish flu had a small impact during the spring, but subsided. The powers thought that it was over, but in the fall it took over and killed 50 to 100 million people worlld wide. If that percentage were seen today it could translate into half a billion deaths. Unlikely, but possible.

    This ralley is like a Tsunami. An unseen event takes place (like an underwater earthquake). In the real world it is these profits of the financials that came out of government bailouts and GS insider info. When the water pulls back to reveal prettty shells (not unlike these earnings "surprizes") fools rush to pick them up. Those same fools will drown when the waves crash over their heads.

    There is too much optimism everywhere for the pridicament we are in...STAY OUT

    We will see DOW 5000 before we see DOW 10,000
    Apr 30 11:23 am |Rating: +7 -3 |Link to Comment
  • Wellington West Studies Eight Gold Equities, Picks Two Favorites [View article]
    At what price point does gold become so expensive the government confiscates it? $1000? $1500? $2000??? At some point the inflation (hyper-inflation??) caused by the immoral bank bailouts for the wall street thieves will happen (between Oct 09 and Mar 10??) and gold will explode. The government already has the power to steal gold from ETFs and your house and give paper money in exchange.

    The only question is when?
    Jan 16 10:49 am |Rating: +2 -3 |Link to Comment
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