Avoid Single Digit Midgets, Consider Gold [View article]
According to Ted Butler at butlerresearch.com ,one or two banks have a huge illegal short position in silver and slightly less in gold due to manipulateing these markets. Sooner or later they must default, thus destroying the COMEX & CFTC henchmen and futures markets. Avoid any paper promises or metal ETFs except the Candian one which I am drawing blank on now. It starts with a C. The bank is probably JPM.
What Citi Gets Out of the Wachovia Deal [View article]
This is for the very smart ones..which is correct and why! I just figure the $42 B will be written off and deposits will reduce as the economy sickens.
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.
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.
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.
WFC has a reverse mortgage program and I wonder how large it is and how under water it is since home prices have fallen. I feel sorry for those taking that progam now unless the proceeds allow they take delivery on silver bars, eagles & maple leafs to protect against hyper-inflation. The $ is ready to lose another 40%+ in less than 3 years.
Your comments help my Jan 12.5 put on C feel good. Would you look at WFC & MER & WB in same kind of detail? I have puts on them as well but am cashing WB profits today. and hope to re-establish it after guessing a short term pop up is in the making.
U.S. Bank Dividend Yields Revisited [View article]
Then there's inflation at an admitted 4% but really double that and soon to be triple. My $ are in very small new firms having global footprints about to be profitable or there,and huge growth in their headlights. Talking resources, silver, molly, copper, oil, gas, gold, water, technology. They are all beaten down to wonderful levels. I figure sooner or later, folks will bale the big stocks and look for places with large earnings growth track records and potential even if they are less than $5 stocks now. Dividends in hyper inflation mean nothing unless it is a stock dividend in a fast growing firm that is under valued. I'd give examples but then some would suggest I'm hyping a poor stock I trying to unload. It is OTC time!
U.S. Bank Dividend Yields Revisited [View article]
Even after the war is over (2010-2011) their earning power will be greatly reduced, and after some unpredictable knee jerk up action they probably will stagnate for a long time under reform rules or practice. This is dead and dying $.
Dilution, Infusion and Collusion: Push Stocks Higher! [View article]
The author is upset that so many can't see the trouble we are all in. The folks with the strength to get ready to write off the IOUSA are on the correct path to protecting their ass by living elsewhere. Long financials..... no way! It is put time!
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
See my reply to Macro Man (Gold A Dynamic Play) Friday I also started a put program on WB & WFC. The financial mess... just starting the 3rd inning I'm afraid but in a rain delay.
Avoid Single Digit Midgets, Consider Gold [View article]
What Citi Gets Out of the Wachovia Deal [View article]
Citi's Pandit: Still Going in Circles [View article]
No, the Financial Crisis Is Not Over [View article]
Banking Sector: Band-Aids Just Won't Do It [View article]
Citi, Merrill, WaMu: Death Spiral Financing [View article]
Citi's in for More Pain [View article]
Citi's in for More Pain [View article]
The Great GSE Meltdown: Market Adding Fuel to Fire? [View article]
Gold's Regaining Its Shine [View article]
Gold's Regaining Its Shine [View article]
U.S. Bank Dividend Yields Revisited [View article]
U.S. Bank Dividend Yields Revisited [View article]
Dilution, Infusion and Collusion: Push Stocks Higher! [View article]
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]