ddearborn

Silver Options for the Next Two Weeks

Well one thing is certain. The usual suspects will magically be in just the right position (what ever it may end up being) at just the right time to maximize their profits and quietly slink away for the summer. Some things never change. There is a reason the rich get richer; they lie, cheat, steal and bribe all the way to the bank. It has worked for centuries. I have no ax to grind bye the way. I am currently all liquid having no assets tied to the markets.

Cramer's Stop Trading! CEO's Pay Increase Is a Load of Kraft (3/31/09)

Look at UPS's CEO who recieved more than 100% salary increase for 2008. Why? because he managed to squeeze the teamsters into a 5 year contract the allowed for less than 2% pay increases per year. Which translates into about a 10% pay cut after inflation per year for the rank and file. Health insurance premiums were not raised, however the amount of coverage provided is steadly being reduced year by year.

Cheap at the price considering the new contract will save UPS billions per year. Well worth the price for share holders

Could Capital Gains Lose Some Preferential Tax Treatment?

Instead of increasing capital gains. Why are we allowing the very rich to pay only 15% on their dividends? (they own the bulk of the dividend paying stocks)

No Shock over Government Handling of Automakers

OK SO 10+ TRILLION for banks/bankers/bank investors who lied, cheated, stole, etc... and continue to do so. Result, tax payer funded buyouts, massive layoffs, more jobs offshored, no reduction in home mortgage foreclosures, no change in credit card interest rates to consumers, no change in bankrupcy laws for consumers, massive bankruptcy tax breaks for finanancial institutions, massive bonuses for complete failure, zero legitimate oversight.

US car makers get 40 billion, Union CONTRACTS allowed to be broken (coming soon) CEO's fired, terms dictated, massive micomanaging, millions of jobs in peril and soon to be lost.
Hmmm....trillions for a few rich bankers and jack sh*t for the working stiffs (who happened to pay a lot of the taxes-no offshore accounts for them)

The biggest robbery and transfer of wealth in the history of mankind
Once the man in street finally figures it out there will be revolution.

Why Aren't Gold and Silver Even Higher?

Gold/silver is being kept artificially low because Joe Public would realize the jig is up if gold skyrockets. As long as they keep the lid on gold they can continue to steal our money. After there is nothing left to steal, AND they have bought up all the (now) incredibly cheap assets now for sale, THEN the price of gold will sky rocket. And don't be surprised to see who holds the most physical gold and gold mines. Of course it will be the same group stealing from us right now

Privatize the Banks, Or Create Entirely New Ones?

The question that should be asked (should have been asked) is since we have already spent over 10 trillion in the financial sector is:

Why don't we own the banks already?

We have certainly paid the money up front. First we need a thorough and complete audit of exactly where the trillions we have given them has been spent. And also complete and accurate accounting of all US banking assets worldwide. If the banks stonewall in the least, put every single officer of every major US bank in jail. None of this is rocket science, depsite protests from the industry that constantly suggest otherwise. It is however a massive coverup of the biggest swindle in the history of man.

Recession, Not Depression

Good Morning

I have to say just as politely as I possibly can;

"Are you crazy?"

I have to question your definition of a depression vs a "recession"
By any traditional measure we are already in a depression. This "not a depression" talk is pure nonsense. Trying to calm the victims of the largest transfer of wealth from the working class to the very rich perhaps? In the final analysis it is just another example of a small group of insiders stealing from everyone else.

Gold Bubble Still Expanding - Canaccord

I find it incredibly manipulative that so many pundits are calling the current gold situation a "bubble". What a crock! Gold is still less than a quarter of its 1980 high in inflation adjusted dollars! Not only that but the dollar is being debased by the fed/treasury as we speak. In other words gold is increasing in value every day. The NWO is manipulating the entire world's currencies for trillions in profits. Gold and silver prices have been throttled for any number of reasons by them, all profit related of course.

The world has just whitnessed the biggest robbery in the history of man. And it was perpetrated by the same small group that has controlled the US dollar and now virtually every world currency for for over 100 years.

What Should a 'Bad Bank' Pay?

we the people should pay the banks exactly what the "bad" debt is worth,
a big fat ZERO!

U.S. Dollar: The Trade of the Decade

Mark

Hmmm.....dollar up gold down/even. Clearly market manipulation by the Fed
and Banks. Once gold explodes Joe six-pack will finally realize the jig is up.
As for the dollar being a solid investment....were you dropped as a child, perhaps on your head repeatedly?

Stocks Heavily Owned by Institutions Up Big

There is another possibility of course. Massive manipulation and outright fraud perpetrated by the top wall street firms. Hmm...even marginally "random" markets would cause these guys at the very top to stumble a good percentage of the time. And yet over and over again these same guys manage to "read" the market and come out on top. The only difference of late is that these guys have started to fight amongst themselves. And as a result there have been some spectacular casualties. Naturally the tax payer picks up the tab.

If you believe anything the "leaders" of wall street and our government are saying about just about anything; I have a bridge for sale........

Automakers Seek Bailout to Reward 40 Years of Bad Decisions

Hmmm.

Lets see, 8 trillion committed sight unseen (by the American public), with
zero oversight by congress to Banks/financial institutions unknown (by the American public or Congress) by a group of private banks (the fed) who as we speak are thumbing their noses at Congress over requests asking to know the who/what/where/how and why exactly happened to that 8 trillion. And yet you and your ilk spend literally thousands of pages demanding we abandon our own car companies. Even thought that would result in the direct lose of about 3 million jobs. Funny I don't believe that if we had let those banks go into receivership we would have lost a 10th of that number of jobs. Not only that, those banks have hundreds of billions in assets that could have been easily liquidated.
At least the ones we have been told about. These trillions stolen by the fed are a clear violation of the law and the US Constitution.

And lets be clear here; much of the money given illegally to the banks by the Fed has just been handed out no strings attached. The US car companies are only asking for a low interest LOAN! It was not by accident that the bailout bill passed by Congress included a clause that prevents criminal prosecution of the banks receiving the money or the individuals giving away the money!

Since you claim so fervently to being a free market follower; where is the cry by you and the hundreds of other paid hacks bashing the UAW to abolish the Fed and absolve the American people of the debt owned those criminals? You are a hypocrite of the first order. And you clearly have an agenda that is contrary to the best interests of the People of this great nation.

Junior Miners Facing Extinction

I am totally confused (as usual) Nearly all of these "junior" miners were in
existence when gold was at $300. But some how or another with gold 250%
higher they cannot survive? I realize operation/material costs have gone up significantly. But still good grief. The entire mining sector appears to more
a game of charade then honest business.

Mark-to-Market vs. Mark-to-History

This problem is not complex nor difficult to understand. This crisis is the
natural outcome of an extended pyrimid scheme that finally went bust. The only difference this time is that the bad guys got the victims (taxpayers) to pay the piper and they walked away. Even Accounting rules never trump dishonest business practices. If they did we would be in this mess.