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83 Comments

    • Wells Fargo: The Good, the (Not Too) Bad and the Ugly [view article]
      Thanks for the U Tube link.. I think I'll hold my Jan 20 puts on WFC longer so the news can spread deeper. Aug 26 11:17 AM
    • Private Equity Deals Wane [view article]
      The Fed, thus our system, is set up on 2% inflation as a goal. Deflation or stronger money is a bad word. Thus the Fed's plan from the start is to erode assets and buying power by about 2% annually from the un-rich and transfer it to those that control who keeps wealth for the in crowd. Then in self created emergencies double digit inflation is allowed for a while so everyone can cheer the return to 2% and be greatfull. A game of bowling used to cost 35 cents, bread 25 cents, a new car $ 3500. I wish deflation would allow my dollars that buying power today. Aug 14 04:42 PM
    • Private Equity Deals Wane [view article]
      Transfer most cash out of USD into silver & gold bullion with more $ in silver. Read Jason Hommel, Ted Butler and Peter Schiff unless you want to be a serf. August has again put the metals and junior mining stocks on sale! Aug 14 09:16 AM
    • Citi's Pandit: Still Going in Circles [view article]
      Suggest you protect with '09 puts 12.50's probably Aug 13 10:14 AM
    • Economic Outlook: Cut Out the Noise [view article]
      You don't read what I read from folks smarter than you & I. 19. Bank of America (BAC) agreed to take over Countywide Financial (CFC) and twice announced Countrywide will add profits to B of A. Inquiring minds were asking How the hell can Countrywide add to Bank of America earnings? Here's how. Bank of America just announced it will not guarantee $38.1 billion in Countrywide debt. Questions over Fraudulent Conveyance are now surfacing.

      20. Washington Mutual agreed to a death spiral cash infusion of $7 billion accepting an offer at $7.85 when the stock was over $13 at the time. Washington Mutual has since fallen in waterfall fashion from $40 and is now trading near $5.00 after a huge rally.

      21. Shares of Ambac (ABK) fell from $90 to $2.50. Shared of MBIA (MBI) fell from $70 to $5. Sadly, the top three rating agencies kept their rating on the pair at AAA nearly all the way down. No one can believe anything the government sponsored rating agencies say.

      22. In a panic set of moves, the Fed slashed interest rates from 5.25% to 2%. This was the fastest, steepest drop on record. Ironically, the Fed chairman spoke of inflation concerns the entire drop down. Bernanke clearly cannot tell the truth. He does not have to. Actions speak louder than words.

      23. FDIC Chairman Sheila Bair said the FDIC is looking for ways to shore up its depleted deposit fund, including charging higher premiums on riskier brokered deposits.

      24. There is roughly $6.84-Trillion in bank deposits and $2.60-Trillion of that is uninsured. However, there is only $53-billion in FDIC insurance to cover $6.84-Trillion in bank deposits! Moreover, IndyMac will eat up roughly $8 billion of that $53-billion.

      25. Of the $6.84 Trillion in bank deposits, the total cash on hand at banks is a mere $273.7 Billion. Where is the rest of the loot? The answer is in off balance sheet SIVs, imploding commercial real estate deals, Alt-A liar loans, Fannie Mae and Freddie Mac bonds, toggle bonds where debt is amazingly paid back with more debt, and all sorts of other silly (and arguably fraudulent) financial wizardry schemes that have bank and brokerage firms leveraged at 30-1 or more. Those loans cannot be paid back.

      What cannot be paid back will be defaulted on. If you did not know it before, you do now. The entire US banking system is insolvent. So much money has been printed with so much more to come that we are in a hyper-inflation period. Wages will not go up much as jobs will continually be lost and loan losses increase. The USA has had its golden years unless we find cheap energy. If not, the terrorist have won, the country is bankrupt, and most don't know it or care to believe it. The dollar will lose another 40%+ within 3 years and silver & gold will become real money again in place of the fiats of the present civilized old world. Because of the cheaping $ jobs will stop being sent over seas as we become the old, new 3rd world. Congress, the Fed, investment banks and dummified citizens are to blame for short term thinking that has destroyed our founders dream and warnings. With out cheap energy we can't work out of this hole. Buy PUTS while short term $ recovery exists, and take delivery of silver bars, eagles, maple leafs, & a gun. Read the silverstockreport.com on FAQ's and butlerresearch.com and save your butt with action. Watching the slide to disaster won't be as painful. The easy life is ending. Don't be fooled by the any near term $ strength just because the euro might stop raising rates or drop a bit. It also has an active printing press. Now, hope liquified coal gets a push to solve energy shortages, the Democrats allow off shore drilling, and Obama sinks in the polls. Can someone make a chart comparing the S&P500 with gold & the $ over the last 5 & 10 years? This should show the Bear market as it really is! How do you like less stock loss write offs and more stock tax on gain just due to inflation and no real value gain ?       Aug 03 11:45 AM
    • The US Dollar Elevator is Going Up! [view article]
      So much money has been printed with so much more to come that we are in a hyper-inflation period. Wages will not go up much as jobs will continually be lost and loan losses increase. The USA has had its golden years unless we find cheap energy. If not, the terrorist have won, the country is bankrupt, and most don't know it or care to believe it. The dollar will lose another 40%+ within 3 years and silver & gold will become real money again in place of the fiats of the present civilized old world. Because of the cheaping $ jobs will stop being sent over seas as we become the old, new 3rd world. Congress, the Fed, investment banks and dummified citizens are to blame for short term thinking that has destroyed our founders dream and warnings. With out cheap energy we can't work out of this hole. Buy PUTS while short term $ recovery exists, and take delivery of silver bars, eagles, maple leafs, & a gun. Read the silverstockreport.com on FAQ's and butlerresearch.com and save your butt with action. Watching the slide to disaster won't be as painful. The easy life is ending. Don't be fooled by the any near term $ strength just because the euro might stop raising rates or drop a bit. It also has an active printing press. Now, hope liquified coal gets a push to solve energy shortages, the Democrats allow off shore drilling, and Obama sinks in the polls. Can someone make a chart comparing the S&P500 with gold & the $ over the last 5 & 10 years? This should show the Bear market as it really is! How do you like less stock loss write offs and more stock tax on gain just due to inflation and no real value gain ? Aug 03 11:30 AM
    • P/E Ratios and Inflation [view article]
      What are you using for inflation? The false gvm't less than 3%, or the real double digit? Aug 03 10:36 AM
    • No, the Financial Crisis Is Not Over [view article]
      Thanks Richard for introducing your site. Going to spend some decent time there. The financials have lied repeatedly to hold stock value so they can sell more, they even fooled Cramer that stock action yesterday signals a bottom because big money went into MER. He probably is correct for the next 20 days. Odds are he'll have egg on his face again in 60 to 100 days. Jul 30 07:19 AM
    • Banking Sector: Band-Aids Just Won't Do It [view article]
      But that fools game is the game! So, if oil holds in $85-$105 most will think inflation is checked for a while. But with 9 years of double digit M3 growth and about 20% this year, you must buy silver and Put the financials. See butlerresearch.com & silverstockreport.com & jsmineset.com ....Trouble is if oil goes under $100, demand will pick up and the next crude leg up begins. That's when you better have taken delivery of silver bullion coins and bars with the present last chance low manipulated gold & silver prices of today. Jul 27 05:58 AM
    • Ten Bear Market Phases, Current Edition [view article]
      I bought puts on WB & MER no problem! For assets that will rise and protect from inflation get physical silver! Jul 26 06:56 PM
    • Financials: This Picture's Worth a Thousand Words [view article]
      yep....buy puts & physical silver> Jul 25 05:47 AM
    • Making Sense of Wachovia's 27% Bounce Amid Record Losses [view article]
      Read the death spiraling Alpha report above. Jul 23 10:20 AM
    • Making Sense of Wachovia's 27% Bounce Amid Record Losses [view article]
      Yep, but remember the trend is still down. When covering stops and the " we hit the bottom" hype cools, it is back to the longer trend. Jul 23 10:18 AM
    • Citi, Merrill, WaMu: Death Spiral Financing [view article]
      Thanks, I bought Jan puts last Friday on MER & C that are current losers, but you have added courage that the short covering will end sometime this month and more will see the light as additional bad news shocks the "we hit the bottom crowd" that have been scammed again. Jul 23 09:32 AM
    • If This Comes True, You'll Be Glad You Own Gold & Silver [view article]
      Did you forget about silver so quick? Try butlerresearch. com & silverstockreport.com Jul 20 09:30 PM
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