AuGod!

What's Citigroup Really Worth?

"What's Citigroup Really Worth?" Exacty - not one penny more or less than what someone will pay for it. That is the "market", second-by-second.

Which Banks Are More Risky, The Largest EU or U.S. Banks?

The "too big to fail" banks on either side of the Atlantic are NOT out of the woods yet. In terms of risk exposure, if you turned them all upside down, they would all look like sisters. The best of the best big banks are only as strong as the weakest link on their balance sheets just like the rest of us. As for off-balance sheet items, well, who really knows?

Insiders Continue to Sell, Sell, Sell

For every sale there is a buyer and if a widget owner and major shareholder is selling shares it means they are probably not selling enough widgets. It is the "insiders" equivalent to a stop-loss only more prescient - the rich man's "rumour" if you will. This is not new. To reference an Historical anecdote, "there's a sucker born every minute and two born to take him". PT Barnum's word say it all in this context. You remember this? Enjoy what is left of the summer. The Fall will come soon enough.

Five Reasons the Market Could Crash This Fall

In a nutshell: This is a debt driven rally - Remember that your Dollars are government debt - government is also a direct investor in the general markets these days - large private investors are on the sidelines - the economy is shrinking - consumers are squeezed - unemployment will rise with slowing demand - demand will shrink with growing unemployment - credit defaults will grow - lenders will not lend - institutional investors are playing "doomed minions" with small investors money = a vicious circle for the economy. The rot which began at the top will not be purged but will be paid for by everyone beneath. Look out below! We can always laugh it off if hopes for the best materialize. It could get very ugly if you are not prepared for the worst.