Ray Lopez

Marc Faber on the Economy, Gold, WWIII

Faber is a permabear, that I like, but I wonder how rich he really is. I have my doubts. Seems that he's gloating to a degree. Of course he's richer than you and I, but a lot of really richer people got rich catering to the governments all over this planet, who are the 'gatekeepers' to wealth. Witness the bailout.

36 Opportunities for the Beginning of the Bull

"This week, despite the loss of ten percent of equity in the average portfolio in the span of five days, I wish to reiterate my belief that equity markets are in a cycle bottoming phase and that a new Bull cycle has commenced." What planet are you on? Easy credit was so five years ago. We will have a new bull cycle when you stop posting this nonsense and the DJ30 gets to 5000.

The End of Telecom As We Know It and I Feel Fine

"H/W is bad and S/W is superior" is a stale paradox caused by the lack of IP protection in the fomer and the inherent trade secret / trademark protection ("sticky") in the latter, which is self-executing and self-enforcing. If and when H/W is protected like S/W is today (a precursor was the Huawei-Cisco litigation suspended a few years ago), then the balance of power will shift back to H/W.

Short MSFT, buy IBM?