Oracle of Omaha Warns of 'Onslaught of Inflation' [View article]
"You cannot multiply wealth by dividing it." So true...and that has been exactly what the financial markets did for the last 2 decades- unregulated, which is why we are in this mess. Take a loan, divide it and resell it 10 different times...who can make any sense of who owes whom?
Bernanke, Paulson and the banks are playing one big game of Monopoly and changing the rules every time the get the dice. Remember when you were a kid and the "banker" always ended up winning? It's easy to stay ahead when you are the one doling out the money to yourself and your best friend. The best way to end the game is to stop playing. One option - and they will hate you for it, is to invest in gold and take possession...As long as you are playing with their "play money" they win the game.
Which Black Swan Will Pop the Treasury Bubble? [View article]
What will burst the bubble is the realization that foreign governments, and their wealthy investors are no longer buying our debt! November report is already out! No one wants to be the last one in.. There will be no small unwind, just one mighty pop.
Airline Rescue, Obama Inauguration Provide Hope for Troubled Economic Market [View article]
As much as I would love to put my hope in miracles, I think I for the time being I am going to ignore the manic rallys of a market out of control. When bad economic news is ignored and a miracle on the Hudson rallys a stock you know something is clearly "skewed".
Global Markets in Review: Stock Market Outlook [View article]
With foreign governments and foreign investors dumping our long term securities, (report just out) I would say our sh*t just hit the fan. As the rest of the world and Americans wake up to the aroma of BS, they will start to dump and this bubble will be popped. Next?
"But now, I don't see any crisis ahead of us in the foreseeable future. There may be another bank or two failing. There will be many hedge funds closing -- perhaps the peculiar pattern in the last two days was a prelude to it. There will be long-term inflation.
But all the risks I mentioned above have been priced in. We have thought of all the terrible scenarios. "
"There are other problems, but the structure of the preferred bank infusions makes clear that the Fed/Treasury are aware of the longer-term implications of what they're doing."
Oh yes...If they are so aware of what they are doing , please tell me why we are in this mess in the first place? They have NO idea what they are doing, which is why the bailout hasn't worked and why companies are going bust at record numbers. Notice the jobless numbers? There is no "plan"... just a series of last ditch efforts to plug a dike with your remaining 4 fingers.
The entire globe is facing a financial meltdown and the dominos will continue to fall... Invest in Walmart and Target, they will be the only stores people will be shopping at this Xmas.
Were you also advising the rest of the cheerleaders that the "fundamentals of the economy are strong?"
I am so glad that I ignored drivel such as this and charted my own financial course. Dave Young, how much money have you lost so far for yourself and your clients?
A Relief Rally, But Is Anyone Really Relieved? [View article]
Ashizashiz, Absolutely spot on. I am sitting here shaking my head right along with you. The stupidity of the majority of the population frightens me. Self-preservation is the operative word...
The Market's Disassociation with Reality [View article]
"So it is up to the individual to make up his/her own mind, and to realize, that most economic and financial figures are representations of information that is at best outdated by the time you read it, and at worst a complete misrepresentation of reality even at the time of their compilation"
World economic meltdown. period. You have been warned. Now, prepare yourself.
Hopefully, most of you had your eyes wide open months ago and saw this coming. It is interesting to just go back and read some of the past comments by the posters here and on other articles. Just click on the names to read their the older posts... Self preservation is the name of the game here. Keep that in mind as people keep telling you not to panic... That does not mean "do nothing".
A friend sent this email today, and it is worth sharing:
Remember; when you come to the edge of all the light you know and are about to step off into the darkness of the unknown, faith knows one of two things will happen; there will be something solid to stand on, or you will be taught how to fly.
Lehman makes hundreds of millions as his company tanks and he is considered a "success"! I bet the SOB is a Republican! These are the Republican family "values" that so many of us find repulsive. Then McCain tries to shove Palin - Joe 6-pack, beer drinkin', drivin' your kids to sportin' events to try and connect with the dumb and dumber. Thanks for the vote of confidence. Can you imagine the uproar if one of Obama's daughters (if they were older) was pregnant? Republican family values?? Only when they are convenient.. Cheny's gay daughter? OK...But see...their family values just don't work at home.... Hypocrites. Pathetic.
The Chickens Come Home to Roost, But Have We Really Learned from Our Mistakes? [View article]
If you knew without a doubt that your country was broke, and relying on debt, and printing paper money to pay that debt... whose only value is based on "the full faith of the US government", and that nobody has any more faith in that government...what would you do? BUY GOLD! Which is exactly why, despite the governments attempts at price manipulation it will rise at rates that will never have been imagined. Just as this crisis was unimagined by so many....
Oracle of Omaha Warns of 'Onslaught of Inflation' [View article]
So true...and that has been exactly what the financial markets did for the last 2 decades- unregulated, which is why we are in this mess.
Take a loan, divide it and resell it 10 different times...who can make any sense of who owes whom?
Helicopter Hank [View article]
The best way to end the game is to stop playing. One option - and they will hate you for it, is to invest in gold and take possession...As long as you are playing with their "play money" they win the game.
Which Black Swan Will Pop the Treasury Bubble? [View article]
No one wants to be the last one in.. There will be no small unwind, just one mighty pop.
Airline Rescue, Obama Inauguration Provide Hope for Troubled Economic Market [View article]
Global Markets in Review: Stock Market Outlook [View article]
This Is Not "the Big One" [View article]
Is the End of the Crisis Near? [View article]
But all the risks I mentioned above have been priced in. We have thought of all the terrible scenarios. "
Care to rethink all that???? WRONG!!!!
Deflation Now; Inflation's Coming [View article]
Oh yes...If they are so aware of what they are doing , please tell me why we are in this mess in the first place? They have NO idea what they are doing, which is why the bailout hasn't worked and why companies are going bust at record numbers. Notice the jobless numbers? There is no "plan"... just a series of last ditch efforts to plug a dike with your remaining 4 fingers.
The entire globe is facing a financial meltdown and the dominos will continue to fall... Invest in Walmart and Target, they will be the only stores people will be shopping at this Xmas.
Stop Calling This a Depression [View article]
Were you also advising the rest of the cheerleaders that the "fundamentals of the economy are strong?"
I am so glad that I ignored drivel such as this and charted my own financial course. Dave Young, how much money have you lost so far for yourself and your clients?
A Relief Rally, But Is Anyone Really Relieved? [View article]
Absolutely spot on. I am sitting here shaking my head right along with you.
The stupidity of the majority of the population frightens me. Self-preservation is the operative word...
The Market's Disassociation with Reality [View article]
World economic meltdown. period. You have been warned. Now, prepare yourself.
Is the End of the Crisis Near? [View article]
Is the End of the Crisis Near? [View article]
Self preservation is the name of the game here. Keep that in mind as people keep telling you not to panic... That does not mean "do nothing".
A friend sent this email today, and it is worth sharing:
Remember; when you come to the edge of all the light you know and are about to step off into the darkness of the unknown, faith knows one of two things will happen; there will be something solid to stand on, or you will be taught how to fly.
Have a GREAT day.
Owen
fragerfactor.com
Our Coming Depression [View article]
Can you imagine the uproar if one of Obama's daughters (if they were older) was pregnant? Republican family values?? Only when they are convenient.. Cheny's gay daughter? OK...But see...their family values just don't work at home.... Hypocrites. Pathetic.
The Chickens Come Home to Roost, But Have We Really Learned from Our Mistakes? [View article]
BUY GOLD!
Which is exactly why, despite the governments attempts at price manipulation it will rise at rates that will never have been imagined. Just as this crisis was unimagined by so many....