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WMARKW

WMARKW
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  • Gold Liquidation Now Accelerating [View article]
    wmateri - could it be that GLD and such have already fulfilled their purpose, and it doesn't much matter what happens now?
    May 22 10:52 PM | Likes Like |Link to Comment
  • Gold Liquidation Now Accelerating [View article]
    hat_trick3. What you saying is that we should all be happy that GLD is being forced to liquidate their stocks as that means fewer people own paper gold and more own physical gold. Hmmmm....sounds good to me.
    May 22 06:13 PM | Likes Like |Link to Comment
  • Gold Liquidation Now Accelerating [View article]
    So.....did Soros take delivery of physical from liquidating his GLD position. I wonder who knows?
    May 22 06:12 PM | 1 Like Like |Link to Comment
  • Gold's Sell-Off A Bad Omen For Equity Markets [View article]
    You say, "fire sale by Cypress" -
    1. Do we know they actually sold?
    2. The amount they had was absolutely inconsequential - 15 tons. China imported 275-ish last month - I think.

    And you say, "big money managers (such as Paulson and Soros) trimming their positions."
    1. And what about Soros going long call options in miners?
    2. And do we know if Soros took delivery from GLD coincident with his declining position?
    May 22 05:49 PM | 1 Like Like |Link to Comment
  • The Major Bubble That Nobody Is Talking About [View article]
    Talk to Barrick about the last time they paid to clear their hedge book. It cost them billions.
    May 22 05:30 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Ford.....I thought we just had this deal passed where minors could get the morning after pill without parental consent - don't recall if it was "free" or not.
    May 22 05:25 PM | 1 Like Like |Link to Comment
  • The Bernanke Agenda - It Isn't What You Think It Is [View article]
    So Stephen, what you are saying is that Bernanke is more than happy to have the banks sit on excess reserves and have the Fed pay them an risk free 0.25% on their reserves. This way the Banks don't have to lend. Oh....wait. Wasn't the Fed's charge not only to control inflation but to promote full employment? So, had I been there in the seat of a Congressman, I would have asked Bernanke how the Fed was fulfilling the 2nd part of their mandate by having Banks sit on excess reserves vs. lending them out. Why not zero out the payment for excess reserves?
    May 22 12:41 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Shaggie - "I can't get no.......satisfaction".
    May 22 09:30 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Oh Deer.....sorry - didn't see your suggestion before I responded above.
    May 22 09:23 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    You mean something like this:

    My daddy is sleepin' and mama ain't around
    Yeah daddy is sleepin' and mama ain't around
    We're gonna do the QE
    'Til we burn the house down
    Come on and QE….yeah baby QE
    Oooh-yeah just like this
    Come on little missy-
    Let’s do the QE.

    With apologies to Chubby Checker
    May 22 09:22 AM | 10 Likes Like |Link to Comment
  • Why Inflation Never Came [View article]
    Alex....so why aren't banks lending more?

    I don't disagree on government spending... I have advocated a $3 trillion plan to build 250 nuke plants, 50,000,000 electric vehicles and $1 Trillion in business development. So, beside the merits of any plan, Bernanke only put the onus on the government once (to my knowledge) last year at Jackson Hole, when he said they didn't have any more ammo and it was time for the government to step up. I guess he couldn't figure out a way to "convince" Congress what needed to be done. At the same time, he certainly never tried to "convince" the American people - who are focused on spending cuts. Now if the Fed Chief can't go to the Congress and public and convince them.....seems like he should step down.
    May 21 05:45 PM | Likes Like |Link to Comment
  • Why Inflation Never Came [View article]
    Luke, how many of those are SS checks that are a return of what the individual paid in. Not really a transfer payment in my book.
    May 21 05:44 PM | Likes Like |Link to Comment
  • 4 Scary Charts Warning Of The Next Financial Crisis [View article]
    Squeeky.....the BOJ has been printing money and selling BOJ debt to Japanese citizens. For every dollar they printed in the last 2 decades they took the same dollar from citizens who couldn't spend it in the economy. Never made sense to me.
    May 21 04:38 PM | Likes Like |Link to Comment
  • Why Inflation Never Came [View article]
    Try recalculating the impact of interest rate increases on outstanding US debt and the effect on US budgets.
    May 21 04:22 PM | 2 Likes Like |Link to Comment
  • Why Inflation Never Came [View article]
    Alex - Banks use Fed Credit to reduce their debts - remediating their balance sheets. I say again. This environment is about remediating the health of the major banking institutions of the world. They don't give a crap about "main street".
    May 21 04:21 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
8,383 Comments
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