frank90291

John Hussman: Defensive, With a Measure of Equanimity

I read Dr.Hussman every month..... a really smart guy!!
Government stats are interesting but what evidence is there that this dept is any better run than the post office or any other brain-dead gov agency...
My favorite economic indicators, which change hourly, are the number of homeless sleeping on the streets and the boardwalk in Venice Beach and the increase in the number white people working at McDonalds in black and Hispanic ghettos of Los Angeles....
We should all be able to explain why we own a particular stock or fund, otherwise we have no business buying the damned thing...
Why do I own GS? GS is the 9,000 lb gorilla, the great corruptor, the evil empire, the great Wall St shark... you name it... If the conspiracy guys out there want to know who will run the World, give GS a look.
Why do I own GLD? If anyone has a better, less volatile, more successful stock, ETF or fund for the last 4 years, please let me know...
Be sure to set your stops and get ready to pounce on TLT when it drops 20% or more...
Look out below!!!

Inflation vs. Taxation: Name Your Poison

inflation? > deflation? > taxation? > GLD > cash > short bonds > set stops > lookout below...

it's going to be messy and long term...

the preppies in charge are the dumbest in the last 50 years...

what the f.... did they teach these clowns in Haaarvaaard, Princeton, Yale and Columbia...

Why Today's Stock Markets Are All About Confidence and Gullibility

A sure way to make money is to bet against AJ Cohen...... I remember her in 1999 and 2000 telling ppl to buy buy buy. How wrong she was...... Another thing: I still own GS and had some OPY during the recent run up but I would never buy their mutual funds....... pure crap.... They are clueless when it comes to investing but are experts at screwing the public with the assistance of their corrupt ass-wipes in Washington.... One should always have a good reason to own a particular stock and my reason for owning GS is: they are the biggest crooks in the World of crooked finance!!!

Lessons from a Market 'En Fuego'

Good article....... this market is best described as "surreal" or a weird dream that goes on and on.. I have missed out on much of the rally since March but GLD has been good to me with far less volatility.
The next few months should be very interesting should this "run up" prove to be a "dead cat bounce" or another example of plain old "pump and dump" by very large forces....
So many variables and so many unknowns... Beware of the dudes who claim to have all the answers....
Set your "stops", watch your cash and watch out for the next cliff...

Pullback on Monday?

all these technical analysts, clairvoyants and predictocrats remind me of the b-s the politicians and their spinners are foisting on the gullible............

these guys must all be trillionaires ..... LOL

Thursday Outlook: Commodities, Global Markets

A terrific article !!
One thing for sure, the charts don't lie........... I use a 120 week SMA for GLD.......... got out at 74 and back in at 75 and am a happy camper............. GLD and IEF is all I have............. 95% of ppl have no reason to be in this highly volatile market......... this market is purely "pump and dump"......... believe it !!

Gold Is Going to Gain

One smart Lady !! IMHO


On Mar 11 09:35 AM Kelly Lieberman wrote:

> When one looks at the big picture -700 unemployed applying for a
> janitors job, 1,000's of Americans homeless and moving in with family
> or worse tent cities, millions of people out of work... you have
> to be realistic. The domino effect has just begun and it is racing
> around the entire globe.
> The world is not only on a precarious financial precipic, but we
> also have a myriad of security issues to worry about. Along with
> that, add in the usual natural disasters we can count on every year,
> and the growing discontent,frustration and fear in the world's population.
>
> Tell me, do you really think that the day to day ups and downs of
> the dow will make a difference in 99% of the world's population?
> Traders are making money whether the market goes up or down but the
> average guy in the street with no money and no job still doesn't
> have money to spend. Meanwhile, more jobs are lost every month,
> and the cycle continues. Unfortunately, this crisis is not over
> and we will continue to see fluctuations in the market. Have your
> stops in place...

Is Gold Really a Safe Haven?

you are sooo right


On Feb 26 09:12 AM know nothing wrote:

> Human emotion is a investors enemy. Be strong. Develope a game plan,
> and stay with it. Don't listen to the grubs, that have no foresight.
> They only live by the hour, and investors they will never be.

Protecting Yourself from a Gold ETF Bubble

It's 7:48 am, LA time and GLD is @ $95.27.......... my "stop" is @ $89.00......... I reentered @ $75.00....... so what's the problem. It's not like I actually worked for this loot (in my IRA)........ Relax, set your stops and take a break........ I'm headed to Starbucks with my latest novel,"The very Rich Hours of Count Von Stauffenberg" to hang out.

Gold: The Only Remaining Bubble?

for a graph(ic) view, try August of 2007...... that's when ppl should have started to bail out........ IMHO


On Feb 18 01:33 PM scottygee wrote:

> It's too hard to accurately predict the future when the government
> can change things at any point in time. The only future I can predict
> is what I'm going to do with the money I've made off of Gold in the
> past 6 months. Need help visualizing? Compare a chart of gold vs.
> Dow index over past six months. I don't care what you call investment
> in gold (inflation hedge, safety play, blah blah blah), I call it
> capital gains.

Barron's Takes Down Cramer, Again

Turn the damned tv off and get a life..........

A Simple Post on Gold

I know it's ridiculous, but I bought some GLD shares early in 2005 and have been adding and subtracting based on 200d SMA. When GLD was at $75.00 I started adding more and now use a 600d SMA and keep moving my "stops" accordingly......
I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............
Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......

Gold Poised to Move Higher

facts ma'm, just give me the facts........... AND SET YOUR DAMNED STOPS!!

History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008

finance.yahoo.com/etf/...

Silver and Gold: More Than Just A Christmas Carol

This guy is typical of the "Jerry Springer Generation" boobs who for now and in the near future will run L.A., California and the U.S.A. into the toilet........
A portion of your portfolio being in gold is not a bad idea and cash in your credit union and God knows where else makes sense also........
Let's not quibble about the merits of GLD, gold coins or cash. Just keep an eye on your taxes, especially death taxes.


en.wikipedia.org/wiki/...

Silver and Gold: More Than Just A Christmas Carol

bought some beginning of 2005 and added some over the years and always set "stops" so as not to ride it down to $60....... to tell the truth I use a 250 dSMA which means I did sell off but chose to get back in @ $75........ Try to buy gold eagles from the mint....... not possible........ GDX may be a good way to go at this time......... but a hell of a ride....
If one chose to buy GLD at the beginning of 2005 and held on, then !5% -18% is real...