Market Speculator

How to Trade Using Game Theory

Naufal...hope you are still alive and kicking!

Goldman Sachs Is Toast

Looks like GS got denied at its 200dma...but I'd rather be in stocks like SOLR (already long) LFT (already long) that can run much greater than 50%.

The banks can't make money their model is broken, best go with stocks that have the potential to hit earnings out of the park!

Not too mention with all the excess cash the Federal Reserve is pumping into the market it will most likely find its way into the stock market giving it an artificial lift! Please google Zimbabwe and find out what happens when you print a MASSIVE amount of a fiat currency and see how it's stock market performs.

Goldman Sachs Is Toast

Timing may be an issue for Naufal here...but GS put in a key reversal day today. Not enough volume, but how many times have we heard these guys are well capitalized and they've gone down further.

Would I buy GS, heck no. Would I be short, maybe a tad, but I wouldn't be mortgaging my house for the bet.

Profiting From Bernanke's Super-Fed and Obama's Newer Deal

I am not so sure Banks will be lending soon, or at the same velocity they did before. Next, we'll see credit card write-downs....bad debt on the books is large as more and more lose their jobs they will be defaulting on credit card debt.

Do not own the gold ETF if you want to be long gold, get bullion.

Profiting From Bernanke's Super-Fed and Obama's Newer Deal

We have yet to see the $2 trillion to be lent out...a lot of it went to support banks reserve requirements where it can't be lent.

I agree with you, we are goign to see inflation but the wheels on this thing are moving slowly...it takes time to gain momentum.

Profiting From Bernanke's Super-Fed and Obama's Newer Deal

Naufal

do not forget that you need a contraction in the supply of goods to inflation...hyperinfla... is when confidence is lost.

At the moment, i know of no supply shortages...the reason we did not see inflation in the 40s after the two failed New deals was simply due to WWII. The dollar was in demand as well as us made goods (weapons, ammo, and food).

Profiting From Bernanke's Super-Fed and Obama's Newer Deal

Good job Naufal.

I think it takes time for gold to reach 2,000...not the end of the year. It will be a slow moving process. As for 10,000 the only way it reaches those heights is if we have a loss of confidence in the dollar. In effect, it would pretty much collapse every economy around the world as we are the world's reserve currency.