The duty of the government is not protect you, is to protect the government. It is a Supreme Court opinion. Therefore, I am not surprised of the inaction of the SEC when presented with Madoff's scam. If SEC lawyers do not understand what a "collar" strategy is and how it works; then we as investors are truly screwed.
A Buy & Hold Forever Dividend Stock Portfolio [View article]
I was actually going to say the same thing. I bet you any money that at one time GM and Ford where on those lists of "buy and hold forever". Use trading stops and some hedging please!
On Nov 04 06:11 AM XeroJ. wrote:
> Took advice years ago and bought GM. Look what happened, worth less > & less each day. Big industries nowadays are all facing union > problems and one by one slowly moving overseas. There will be Strikes > again at Boeing a few years from now. They seem to love that. GM's > future is uncertain, and almost nothing is certain. Even what the > new President is going to do is uncertain, whoever he is !!
Nationalizing Detroit? It's a Good Idea [View article]
Another socialist communistic writer. You should move to Cuba. America car manufacturers fabricate poor products and do not listen to their customers. For example, the new Malibu is a beautiful car, but GM does not provide good customization packages. compare that with the Camry and you can customize the cars and purchase a lot of options. American car manufacturers need to get a grip.
The fundamentals of gold are there. You cannot buy the metal without paying a huge spread. The dollar is weakening again. We will see a runnup of gold in the next couple of years.
Ten Reasons Why Gold Isn't Above $1,000 [View article]
I fully agree with comment 1. Try to go out and buy gold at 732 dollars an ounce. You wont be able to find any below 800 dollars. The contract price is not real. With all the money printing we will see much higher prices in gold. That is a fact.
Five Behaviors for Making Money Now [View article]
I am going all in next week. I am convinced that the bottom is in. They cannot break the lows of October 10th even ifthey tried. Volume at the lows is drying up.
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On Nov 04 06:11 AM XeroJ. wrote:
> Took advice years ago and bought GM. Look what happened, worth less
> & less each day. Big industries nowadays are all facing union
> problems and one by one slowly moving overseas. There will be Strikes
> again at Boeing a few years from now. They seem to love that. GM's
> future is uncertain, and almost nothing is certain. Even what the
> new President is going to do is uncertain, whoever he is !!
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Who pays for the 5 trillion dollars? How can you predict that the Dow will be at 20000 in two years? Do you have a crystal ball?
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