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Buddy Canuspare

Buddy Canuspare
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  • Why Has Gold Been Down? [View article]
    Wouldn't that be nice - especially if physical's headed for $1400/oz?
    Jan 7, 2012. 02:12 AM | Likes Like |Link to Comment
  • Why Is Gold Dropping? [View article]
    Somegold:
    "The socialist government policies also attack free enterprise which creates the wealth."
    Political, not economic. US trade balance with Germany and Japan tells me socialism is doing just fine these days. Yen/dollar trade is looking good for Japan, too. Socialist, in debt up to their collective ears, and an appreciating currency - nice work, if you can get it.
    Jan 3, 2012. 12:22 AM | Likes Like |Link to Comment
  • James Altucher is really really bullish on 2012. He notes the effects of QE normally take 6-18 months to be felt (the last dollar was printed six months ago), and reckons that if the S&P were to return to normalized PE ratios, indexes could more than double given today's non-existent yields.  [View news story]
    Dow to zero! Dow below zero! Go bears go!
    Jan 1, 2012. 08:03 PM | 2 Likes Like |Link to Comment
  • Why Is Gold Dropping? [View article]
    What has he been right about?
    Jan 1, 2012. 08:01 PM | 5 Likes Like |Link to Comment
  • Charlie Gasparino's biggest Wall Street loser of the year: Jon Corzine, not just for ruining MF Global but for "trying to convince the world that he has no idea how he did it." Rounding out his top five: Morgan Stanley, "because when you lie and get caught, you’re a loser;" Nasdaq CEO Bob Greifeld, Meredith Whitney, BofA (although it could be a winner in 2012).  [View news story]
    I'm with you there. Hope it'll happen soon!
    Dec 26, 2011. 07:02 PM | Likes Like |Link to Comment
  • 'Obviously Unserviceable' Debt To Weigh On Stocks In 2012 [View article]
    I'll give them what they think it's worth. If they think it's worthless, I'll give them...
    Dec 25, 2011. 12:28 AM | 1 Like Like |Link to Comment
  • Newest leading indicator of this year's improved holiday economy: U.S. wrapping paper manufacturers and retailers say they're posting their strongest sales since 2007.  [View news story]
    Way to keep bearish, guys! Keep ignoring any and all bullish signals and keep your shorts on! Go bears!
    Dec 24, 2011. 07:36 PM | Likes Like |Link to Comment
  • Charlie Gasparino's biggest Wall Street loser of the year: Jon Corzine, not just for ruining MF Global but for "trying to convince the world that he has no idea how he did it." Rounding out his top five: Morgan Stanley, "because when you lie and get caught, you’re a loser;" Nasdaq CEO Bob Greifeld, Meredith Whitney, BofA (although it could be a winner in 2012).  [View news story]
    Isn't that the approach we as a nation have already taken toward Blankfein, Dimon & Co.?
    Dec 24, 2011. 06:22 PM | Likes Like |Link to Comment
  • Charlie Gasparino's biggest Wall Street loser of the year: Jon Corzine, not just for ruining MF Global but for "trying to convince the world that he has no idea how he did it." Rounding out his top five: Morgan Stanley, "because when you lie and get caught, you’re a loser;" Nasdaq CEO Bob Greifeld, Meredith Whitney, BofA (although it could be a winner in 2012).  [View news story]
    It's not a penalty unless the ref throws the flag.
    Dec 24, 2011. 02:00 AM | 1 Like Like |Link to Comment
  • U.S. Unemployment Reality: The Truth Is Somewhere In The Middle [View article]
    CedarTree,
    How do you know? What are those numbers?
    Dec 22, 2011. 12:30 AM | 1 Like Like |Link to Comment
  • U.S. economic growth could slow by almost a full percentage point next year and send stocks down sharply if Congress can't agree to extend the payroll tax cut and unemployment insurance, some economists say. "If they really screw this up, we could retest those October lows below 1100" on the S&P, Phoenix Partners' Michael Block says.  [View news story]
    SFC,
    So, is a tax increase in order?
    Dec 21, 2011. 11:48 PM | Likes Like |Link to Comment
  • Young troops leaving Iraq can expect to face a tough time finding work should they return to civilian life: the jobless rate for those aged 20-24 averages 30%, over double that of their peers. Reservists also find it difficult, and the situation could worsen, with 1M vets predicted join the work force over the next 5 years.  [View news story]
    PT,
    Wouldn't that require government spending, and thus be inefficient, wasteful and fraudulent?
    Dec 18, 2011. 10:06 PM | Likes Like |Link to Comment
  • Printing money can't solve global debt problems, says legendary hedge fund investor Julian Robertson. Sadly, it's the overwhelming strategy being used today by global leaders, but it creates tremendous volatility in the market and doesn't get us any closer to fixing our problems. Unfortunately, as long as the printing presses around the world keep running, politicians will avoid the difficult decisions - like necessary cuts in spending - and take the easy way out rather than risk losing votes. (video)  [View news story]
    As compared to VW? They already do...and have for some time.
    Dec 16, 2011. 11:40 PM | Likes Like |Link to Comment
  • A decade of zero price gains, two burst bubbles, and a wave of successive credit crises may have set the stage for a huge bull rally, says Citi's Tobias Levkovich. A housing recovery, progress towards energy independence, and a number of other forces will align to spark the start of a bull market at some point during the next 12-18 months. Levkovich adds, “While we do not expect the markets to react to these drivers in the near term, their coalescence could generate a much more impressive rally over the next few years.”  [View news story]
    Gloom, despair and agony, forever and ever, amen.
    Dec 16, 2011. 11:39 PM | 1 Like Like |Link to Comment
  • Printing money can't solve global debt problems, says legendary hedge fund investor Julian Robertson. Sadly, it's the overwhelming strategy being used today by global leaders, but it creates tremendous volatility in the market and doesn't get us any closer to fixing our problems. Unfortunately, as long as the printing presses around the world keep running, politicians will avoid the difficult decisions - like necessary cuts in spending - and take the easy way out rather than risk losing votes. (video)  [View news story]
    Imports need to be shrunk and exports expanded - and Americans need to be convinced that a Ford really is better than a Volkswagen and a Sam Adams really is better than a Heineken. That'll be the tough part.
    Dec 15, 2011. 09:41 PM | Likes Like |Link to Comment
COMMENTS STATS
398 Comments
320 Likes