U.S. Economy: Golden Dreams, Fallacies and Nightmares [View article]
"Just like in 1933-1934 gold will be outlawed so only bankers can hold it. We must hope for something in between."
I don't think this time around that is even remotely possible, as any enforcing agency will receive a pretty likely higher dose of lead than Gold at the front door.
Plenty of Room for Gold to Go Higher [View article]
It's just about not worth listening to the media, the world "Bubble" is attached to anything with a current price rise that is in the public eye. Idiot's at CNBC for years have been "Gold Haters", knowing full well it's in the best interest of it's advertisers to not promote the funny yellow stuff.
Contrarians: Time to Ditch Gold, Look at REITs [View article]
I'll pass as well, my investments in canned goods & Spam will surely eclipse those of any equity, let alone REIT's. IF I'm wrong I can always eat my investment over time.......
The day any of the Central Banks make any attempt to hoard silver is the day I get into the trucking business, cause they would need to lease a gigantic fleet of em, to make any difference ROFL
Would someone explain to me how in the $#%#%# it's better to own pure common(real price risk) versus preferred that yields 7-10%. Where in the $#%# did they come up with 40% equity position as well, based off of the current preferred investment and notwithstanding the guarantees on $308 Billion.
Why Bank Nationalization Will Never Happen [View article]
This author makes valid points, however the aggregate losses already by share/bond holders in AIG & FRE & FNM easily have already eclipsed those of C & BAC in future terms. So, no big deal if C & BAC go the same route.
As gold continues to rise, the real collapse will be in the derivatives tied to Gold, this will be the cut, that infects the entire system. As usual the patient will be administered antibiotic too little, too late.
It has yet to be discussed why the aggregate supply imbalance in Gold has been in process for quite a few years. Simply amazing to me all of the yack about the various forms of demand destruction with no consideration to the inverse side.
Why do we have authors calling Gold's rise a bubble is beyond my thinking. Does this mean any asset class that rises over time is in a Bubble ??
Name me one other form of currency/hedge/investm... that has been this well received for over 5,000 years, that is still with us today and has no debt or liability attached to it's A$$
This is just another Gov't media spread that takes the sheep's eyes off the real problem which is a 60-600 Trillion derivative problem, that will in fact at some point render the banks useless. So who really cares which chairs on this Titanic belong to whom ?
The Danger in Financial Stocks in 2009 [View article]
I'm very negative the financial arena. But, unless they fail in big groups of 2-3 or more, I think the Fed can maintain perceived stability with their blatant propping program.(BPP)
As an aside, guys like Buffet, throw a lot of dart's, they all don't hit paydirt. Ask him how wise he was on the 950 Million Netjets purchase a few years back, still bleeding cash......
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Latest | Highest ratedBanning M2M: The Worst Mistake in History [View article]
AIG Bailout Empowers Class Action Lawsuit Against MBIA [View article]
U.S. Economy: Golden Dreams, Fallacies and Nightmares [View article]
I don't think this time around that is even remotely possible, as any enforcing agency will receive a pretty likely higher dose of lead than Gold at the front door.
Plenty of Room for Gold to Go Higher [View article]
Contrarians: Time to Ditch Gold, Look at REITs [View article]
Five Weeks of Silver Backwardation [View article]
Why Nationalize in 2016? [View article]
?????????????????????
JPMorgan's Dividend Cut Is a Clever Move [View article]
JPM is the hired paintbrush for the US Government and have a financial attitude like they are above the law.
Why Bank Nationalization Will Never Happen [View article]
As gold continues to rise, the real collapse will be in the derivatives tied to Gold, this will be the cut, that infects the entire system. As usual the patient will be administered antibiotic too little, too late.
Not All Aaa Sovereign Debt Equally Safe - Moody's [View article]
12 Reasons to Short Gold [View article]
Is JPMorgan Immune from Investigation into Spring-Loading of Options Grants? [View article]
The End of Gold, Part Two [View article]
Name me one other form of currency/hedge/investm... that has been this well received for over 5,000 years, that is still with us today and has no debt or liability attached to it's A$$
Nationalizing Bank Losses [View article]
The Danger in Financial Stocks in 2009 [View article]
As an aside, guys like Buffet, throw a lot of dart's, they all don't hit paydirt. Ask him how wise he was on the 950 Million Netjets purchase a few years back, still bleeding cash......