Japan's nuclear crisis has amounted to a radiation increase equal to a prolonged dental x-ray, James Altucher says, and the media owes everyone an apology for overhyping it. Equally, the media should apologize for overhyping and then ignoring many recent events, including the Greek debt crisis, which is now worse than ever. [View news story]
James Altucher: Really, why don't you stand there and fight the nuclear fire yourself. If it is only Chest X-rays radiation then you can prove to be a Hero. Thanks to the journalists continue covering the event. They have exposed the flawed system with Tepco. In a month or longer, some people may develop light radiation sickness. Any abnormality of the cells will mutate further. "prolonged dental x-ray." How long is prolonged? Over a week, 2 weeks and longer. I don't recall having my dentist give me a X-ray shot longer than 1 split second / shot.
Breaking down in tears, the managing director of TEPCO concedes the radiation being emitted from the damaged reactors is enough to kill people. The NISA, which earlier raised its rating of the severity of the disaster, acknowledges the water-spraying operation is "fighting a fire we cannot see." [View news story]
This site will take weeks before can be bulldozed and cover with concrete & lead. Nuclear fuel can ignite and burn right thru them + build up hydrogen with explosive result. This is not the end yet I am afraid.
2 Standout Companies Among Junior Rare Earth Miners [View article]
I am in agreement with Jon. The mix of Rare Earth investment is subjective. I would not put too much money to spread across all 5 companies. Best picks are MCP & LYSCF. You really have to look at the funding partners. These two are real. The rest are really speculative at best.
If Obama does pull the plug on Seniors then he is going to be in HOT water! There will ten of thousands of them surrounding the white house demanding checks.
The Next Crash Could Be a Lot Worse [View article]
Looking for a final support level on SPX @ 1250. This is likely the week (June 13-17) to test this support. Once broke, you are looking at 1220 is likely. Again, you are only looking at a normal correction pattern. Anything extraordinary SPX can fall into this zone 1175-1130 within a week period. Anyway you cut it, a stronger correction is coming. This week IMF got hacked so it is likely something ugly will come. Somebody got a lot of sensitive information and they may use them against Europe and US.
FOMC minutes: Fed members saw no need at their March 15 meeting to ease bond buying before June. A few members said that economic conditions might warrant the beginning of the end later this year, and a few others said that Fed policy may be appropriate "beyond 2011." Economic growth appeared to be on "firmer footing." [View news story]
Are they trying to build a new QE3 to float all the way till end of this year!? If it is then GAS goes to $5+ and OIL goes to $125+ All commodities go up another 10-15% higher. Who cares they are all transitory?! I want to be a FED member. Life is so nice there.
Bernanke is betting that surging prices for food and fuel won’t wind up breaking the cost of living for Americans. The historical record shows the odds are in his favor. But the debate over whether core inflation accurately predicts overall inflation rages on. [View news story]
It will cost more when they are unable to get all the parts for iPad 2.
Forget Mubarak, Paul Farrell writes, it's Bernanke who needs to be toppled: "Just as Mubarak was blind to the economic needs of the masses and democratic reforms, Bernanke is blind to the easy-money legacy that’s set the stage for revolution, turning the rich into super rich while the middle class stagnates and peanuts trickle down to the poor." [View news story]
...."turning the rich into super rich while the middle class stagnates and peanuts trickle down to the poor."
I somewhat disagree. It is the middle-class get slammed and not just stagnates. The poor has a welfare net to catch them and middle-class people catch with what??? Super rich may not necessary go super rich. We need 15% flat tax (state tax included). Don't need any surprises with fees hike either. Ben is only a puppet. Who is the master? I think many in the congress are playing masters. You can throw Ben under the bus but there will be many just like him after that. We need to fix the structure of the government. Change the way how budgets being written and re-calculated at all government levels.
Will a Budget Freeze Power Markets Higher? [View article]
People are missing the message. He said freeze the budget but he is increasing INVESTMENT spending. What is investment to you? It is another form of Spending! Fool you once you are FOOL...Fool you twice you are an IDIOT!
2 Standout Companies Among Junior Rare Earth Miners [View article]
love people want to take down the rare earths mkt. Talk to Hitachi and WR Grace. Soon BASF will need to get in as well with one of the strong producers. MCP has been selling off their current stock pile. Lynas is coming on-line soon. BHP will be a big player to sweep up one of the strong players here. Btw, you must not have an ipod, iphone, ipad or hybrid car! If you do then you better watch this sector is going higher. This is only the beginning stage or hype stage. Next stage will shake out the weak players. This is the stage you make money by just picking any players on board. Not the next one though.
RIM: A Short Opportunity [View article]
Pandora Continues Slide - When Will It Stop? [View article]
Japan's nuclear crisis has amounted to a radiation increase equal to a prolonged dental x-ray, James Altucher says, and the media owes everyone an apology for overhyping it. Equally, the media should apologize for overhyping and then ignoring many recent events, including the Greek debt crisis, which is now worse than ever. [View news story]
In a month or longer, some people may develop light radiation sickness. Any abnormality of the cells will mutate further.
"prolonged dental x-ray." How long is prolonged? Over a week, 2 weeks and longer. I don't recall having my dentist give me a X-ray shot longer than 1 split second / shot.
Breaking down in tears, the managing director of TEPCO concedes the radiation being emitted from the damaged reactors is enough to kill people. The NISA, which earlier raised its rating of the severity of the disaster, acknowledges the water-spraying operation is "fighting a fire we cannot see." [View news story]
The Bears Are Really Starting to Growl [View article]
2 Standout Companies Among Junior Rare Earth Miners [View article]
Geithner says "we're running out of time" to raise the debt ceiling. Bernanke says failure would be "calamitous." Pres. Obama says seniors might not get Social Security checks without a deal. But, Kurt Brouwer asks, isn't this the same gang who said TARP, the stimulus, Obamacare, QE1 and QE2 would fix things? Is it any wonder that Americans "just do not trust our leadership anymore?" [View news story]
The Next Crash Could Be a Lot Worse [View article]
Anything extraordinary SPX can fall into this zone 1175-1130 within a week period.
Anyway you cut it, a stronger correction is coming. This week IMF got hacked so it is likely something ugly will come. Somebody got a lot of sensitive information and they may use them against Europe and US.
FOMC minutes: Fed members saw no need at their March 15 meeting to ease bond buying before June. A few members said that economic conditions might warrant the beginning of the end later this year, and a few others said that Fed policy may be appropriate "beyond 2011." Economic growth appeared to be on "firmer footing." [View news story]
I want to be a FED member. Life is so nice there.
Bernanke is betting that surging prices for food and fuel won’t wind up breaking the cost of living for Americans. The historical record shows the odds are in his favor. But the debate over whether core inflation accurately predicts overall inflation rages on. [View news story]
Forget Mubarak, Paul Farrell writes, it's Bernanke who needs to be toppled: "Just as Mubarak was blind to the economic needs of the masses and democratic reforms, Bernanke is blind to the easy-money legacy that’s set the stage for revolution, turning the rich into super rich while the middle class stagnates and peanuts trickle down to the poor." [View news story]
I somewhat disagree. It is the middle-class get slammed and not just stagnates. The poor has a welfare net to catch them and middle-class people catch with what??? Super rich may not necessary go super rich.
We need 15% flat tax (state tax included). Don't need any surprises with fees hike either.
Ben is only a puppet. Who is the master? I think many in the congress are playing masters.
You can throw Ben under the bus but there will be many just like him after that. We need to fix the structure of the government. Change the way how budgets being written and re-calculated at all government levels.
Will a Budget Freeze Power Markets Higher? [View article]
It is another form of Spending!
Fool you once you are FOOL...Fool you twice you are an IDIOT!
2 Standout Companies Among Junior Rare Earth Miners [View article]
Btw, you must not have an ipod, iphone, ipad or hybrid car!
If you do then you better watch this sector is going higher.
This is only the beginning stage or hype stage. Next stage will shake out the weak players. This is the stage you make money by just picking any players on board. Not the next one though.
Should I Stay Or Should I Go: BlackBerry Channel Checks Part II [View article]
Just watch it rises!!!
Ron
Apple's Earnings Fall Is Completely Unjustified [View article]