Today In Commodities: A Tiresome Trend For Crude [View article]
The Dollar is going lower due to inflationary pressures. Commodities will enjoy this environment. Increased demand from a recovery will raise energy costs, squelching growth, get used to the range bound scenario. Of course the government could manipulate things further which could cause further consternation of investors wondering which direction the next breakout will be, or Europe, or a flash crash...
“The financial crisis is over,” quips Rosecliff Capital’s Michael Murphy in response to Meridith Whitney's upgrade of Citigroup to hold late Monday. Whitney has had a Sell or Underperform rating on the stock since starting coverage at her new firm in April 2009, and the call sets a milestone of sorts for the credit crisis, given that Whitney was one its most outspoken prognosticators. [View news story]
The sense of entitlement due to some superior genetics, IQ, or Ivy league diploma is nauseating. Wall Street insiders are cashing checks the average American wouldn't make in a lifetime, due to the worlds economy being brought to the brink by their greed and malfeasance, all the while maintaining they deserve it like the impetuous spoiled brats their parents raised them be. Branded as perma-bears, Patriots hold out hope of failure of this system so that men of courage, integrity, and vision can once again restore the "Shining city on the Hill" Reagan spoke of to it's former glory! "In God We Trust" has been replaced with "Increased Return to the Shareholder"
The SEC will reportedly charge ratings agency Egan-Jones with misstatements on its regulatory application. The news follows a story from earlier this week that the SEC had concerns over the firm's internal procedures and staffing levels before it ever gave it approval to rate bonds. [View news story]
What a travesty of justice. Where are the charges for S&P, Reuters, and Moody's?
Stocks are up 100 percent since March 09, and flat to slightly down over the last five years. Buoyed by seven trillion dollars conjured out of thin air in the largest economic experiment in history. Entitlement spending is accelerating as burnout is achieved.
Fixed interest has been the safe play since it became apparent the Euro is in trouble. Many investors were convinced Greece would be bailed out, and a default seemed impossible. The default of a larger European economy could be disasterous for equities.
“The financial crisis is over,” quips Rosecliff Capital’s Michael Murphy in response to Meridith Whitney's upgrade of Citigroup to hold late Monday. Whitney has had a Sell or Underperform rating on the stock since starting coverage at her new firm in April 2009, and the call sets a milestone of sorts for the credit crisis, given that Whitney was one its most outspoken prognosticators. [View news story]
Amen to that! Hank Paulson deserves recognition for his role defrauding the American people in the biggest scam in history! It's hard to believe that such a bumbling fool could have perpetrated such a massive heist, handed the money off to his Wall Street compatriots, all with an immunity clause!
Stocks To Continue Sell-Off Next Week [View article]
Our creditors (2/3 of the world) are conspiring to relieve the US Dollar of its reserve status. Our achiles heel is energy, especially oil. Everything has a beginning and an ending.
Stocks To Continue Sell-Off Next Week [View article]
Silver has done very well, however, betting against the establishment those gains were erased by QE I and the like. (I was short the day Bernanke announced it). Silver is for the long haul, and inflation should reinforce its value. Two lessons learned: 1. Dont fight the FED. 2. Dont fight the tape.
Stocks To Continue Sell-Off Next Week [View article]
Precious metals will get a boost on the safe haven aspect, the USD should benefit handsomely (for the moment), oil will fall as recovery hopes dim. Then once again months or possibly years of jawboning and then the tortuous non event of a default. US corporate earnings will suffer and the reports will come in with a six month delay. Then Portugal is up to bat.
Europe Has Reached The Point Of No Return [View article]
I dabbled in the market for a quick 1.6% then quickly back into fixed interest, guaranteeing 6.6% for the year. I would be happy with 6.6% anually over the long term barring inflation.
The United States Has Two Choices: Depression Or Bankruptcy [View article]
Exactly what will lead us out of darkness now! Exports. When the Dollar erodes to a certain point the US will begin producuing and exporting goods again. The price of energy will be the key to this puzzle. Everything comes back to the price of energy.
The United States Has Two Choices: Depression Or Bankruptcy [View article]
Agreed Levin! The powers that be will never relent and admit defeat. It will end as a crisis of confidence, in a fiat currency, the US Dollar. Americans will be out bid for everything from oil to wheat as the Dollars' value erodes, contagion happens quickly and with a vengeance. We will all wish we had bought more gold and silver when we had a chance.
The United States Has Two Choices: Depression Or Bankruptcy [View article]
So you are in agreement that precious metals will run higher until deflation sets in, and then ultimately systemic failure and a possible currency crisis will once again buoy PM.
Today In Commodities: A Tiresome Trend For Crude [View article]
“The financial crisis is over,” quips Rosecliff Capital’s Michael Murphy in response to Meridith Whitney's upgrade of Citigroup to hold late Monday. Whitney has had a Sell or Underperform rating on the stock since starting coverage at her new firm in April 2009, and the call sets a milestone of sorts for the credit crisis, given that Whitney was one its most outspoken prognosticators. [View news story]
The SEC will reportedly charge ratings agency Egan-Jones with misstatements on its regulatory application. The news follows a story from earlier this week that the SEC had concerns over the firm's internal procedures and staffing levels before it ever gave it approval to rate bonds. [View news story]
Q2 Markets: Don't Expect Smooth Sailing [View article]
Q2 Markets: Don't Expect Smooth Sailing [View article]
“The financial crisis is over,” quips Rosecliff Capital’s Michael Murphy in response to Meridith Whitney's upgrade of Citigroup to hold late Monday. Whitney has had a Sell or Underperform rating on the stock since starting coverage at her new firm in April 2009, and the call sets a milestone of sorts for the credit crisis, given that Whitney was one its most outspoken prognosticators. [View news story]
Stocks To Continue Sell-Off Next Week [View article]
Stocks To Continue Sell-Off Next Week [View article]
Stocks To Continue Sell-Off Next Week [View article]
Stocks To Continue Sell-Off Next Week [View article]
Stocks To Continue Sell-Off Next Week [View article]
Then Portugal is up to bat.
Europe Has Reached The Point Of No Return [View article]
The United States Has Two Choices: Depression Or Bankruptcy [View article]
The United States Has Two Choices: Depression Or Bankruptcy [View article]
The United States Has Two Choices: Depression Or Bankruptcy [View article]