a believer

The Sound and the Fury in the Markets

Do you think everyone is realizing that the shyster banks add no value to anything - they just subtract it - and that's why they are shrinking to zero?

The Sound and the Fury in the Markets

You mean there's no such thing as a Hedgie Zombie?


On Feb 20 10:53 AM ROLEXDAYTONA wrote:

> The hedge funds are liquidating, even the biggest ones, it will go
> on and on and on till 90% of hedge funds will be gone.
> There is no place for gambling, there is no money available to a
> hedgies from investment banks, theres is no investment banks either
> left, investors requests for money back will make this industry look
> like Jurrasic Park in few years, the scam is the word of the day,
> nobody knows what a portfolio is worth, people panic, who cares about
> some graphs, there is no prove for nothing, portfolios that looked
> 20% up turned to be a black holes.
> The hedge funds as an industry are dead, this is history you are
> witnessing today.

America's Banks: Are They Really Insolvent?

Cash will be the best investment until inflation or hyperinflation kicks in - then commodities will be the best investment.

Here is something interesting: I was on a street in Raleigh the other day and I counted 10 different banks in a 3-block stretch. 10! Most were in new buildings; some had just opened their doors.

The American people have all watched the absolutely reprehensible behavior of the banks over the past 1.5 years and the banks have shown their "true colors" to us all.

Here is a trend: Alot of the young people are starting to develop a NEW monetary system that freezes out banks because they realize so many banks are run by greedy crooks - the banks are destroying individuals and our country. They also realize the effect of "interest: (usury) on money supply growth is ruining the world's economy. Who can afford to pay back the ever-expanding interest? No-one.

Those young people are SMART.

Here is another trend I've recently noticed: More and more people are storing their money at home and are paying their bills with cash and money orders.

My prediction, therefore, is that most banks will disappear. Avoid loans, credit, banks, crooks, shills and the Wall St. thieves at every opportunity.

Minimize your business with banks; avoid them if possible. Our economy must go back to conducting business with cash and savings, NOT credit and loans, and it will.

Options Trader: Outlook for Turnaround Tuesday

I smell Zimbabwe the world over...

Next up - hyperinflation!!

No matter what 'the collective' does, it will not be able resurrect the House of Cards called the Leveraged Debt Industry because that industry has been permanently destroyed. Who in their right mind would ever buy another CDMO?

That part of our economy - which grew way too big by tearing the ARMs of off poor people - is gone.