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Author Message
  Topic: IMF: Global financial system faces systemic meltdown
Micki

Replies: 17
Views: 792

PostForum: Economics & Finance   Posted: Mon Oct 13, 2008 1:49 am   Subject: Re: IMF: Global financial system faces systemic meltdown
Cramer may be right sometimes, but he is completely wrong for now. Yes, the market did bottom on Friday.

The fall in market last week was mostly to do with the Lehman loss settlement - the huge am ...
  Topic: Housing and Economic Collapse - In Progress #3
Micki

Replies: 938
Views: 54579

PostForum: Economics & Finance   Posted: Mon Oct 13, 2008 1:40 am   Subject: Re: Housing and Economic Collapse - In Progress #3

Have you got any source for Russel bgeing bearish gold?

..

That in turn makes TA if not useless, at least to some degree working against you as the tape painters fleece you. (Look at Gartman ...
  Topic: Housing and Economic Collapse - In Progress #3
Micki

Replies: 938
Views: 54579

PostForum: Economics & Finance   Posted: Sun Oct 12, 2008 5:27 am   Subject: Re: Housing and Economic Collapse - In Progress #3

Shady-

What is your take on the disconnect on the paper price vs physical price of silver (and gold?)? I can show you a list of completed Ebay auctions and people are paying double spot price!? ...
  Topic: G-20 nations to decide on larger bailouts or nationalization
Micki

Replies: 5
Views: 688

PostForum: Economics & Finance   Posted: Sat Oct 11, 2008 8:02 pm   Subject: Re: G-20 nations to decide on larger bailouts or nationaliza
From G7.
First it sounds like some sort of agreement to a plan, but at second thought it sound more like every nation for themselves and some nations will inflate like crazy.

My emphasis;
Fina ...
  Topic: For those of you on the metals sideline...best jump onboard.
Micki

Replies: 292
Views: 13525

PostForum: Economics & Finance   Posted: Fri Oct 10, 2008 7:25 pm   Subject: Re: For those of you on the metals sideline...best jump onbo
Silver is back over $12, so I guess people are fleeing the markets of the world and stashing their money in silver again.

I don't know if this signals a rally, but the price went up steadily all ...
  Topic: Jim Rogers: We Are Facing An Inflation Holocaust
Micki

Replies: 24
Views: 1777

PostForum: Economics & Finance   Posted: Fri Oct 10, 2008 6:52 pm   Subject: Re: Jim Rogers: We Are Facing An Inflation Holocaust
No point in arguing that prices are down.
What I am looking at is mainly gold mining companies and they are dropping on volumes that are 10-20% or less of their normal trading volumes.
Yesterday ...
  Topic: Jim Rogers: We Are Facing An Inflation Holocaust
Micki

Replies: 24
Views: 1777

PostForum: Economics & Finance   Posted: Fri Oct 10, 2008 5:38 pm   Subject: Re: Jim Rogers: We Are Facing An Inflation Holocaust
I agree and re-iterate what I said a few times earlier; action is always in reaction not as a pro-active move. We need to have crash and chaos threats before serious inflation can take place.
Give ...
  Topic: US considering guaranteeing ALL bank debt - WSJ
Micki

Replies: 8
Views: 378

PostForum: Economics & Finance   Posted: Fri Oct 10, 2008 12:01 am   Subject: Re: US considering guaranteeing ALL bank debt - WSJ
Someone thinks there will be more government spending (note; understatement):
After the upgrade they at least don't have to add more digits again until early next year sometime. Razz

NYC National ...
  Topic: Glenn Beck on financial crises and New World Order
Micki

Replies: 5
Views: 768

PostForum: Current Events   Posted: Thu Oct 09, 2008 9:14 pm   Subject: Re: Glenn Beck on financial crises and New World Order
The Russian president, Dmitry Medvedev, has called on European leaders to create a new world order that minimises the role of the US. ...
To remedy Washington's ambitions to play the global policema ...
  Topic: For those of you on the metals sideline...best jump onboard.
Micki

Replies: 292
Views: 13525

PostForum: Economics & Finance   Posted: Thu Oct 09, 2008 9:00 pm   Subject: Re: For those of you on the metals sideline...best jump onbo
Silver is back over $12, so I guess people are fleeing the markets of the world and stashing their money in silver again.

I don't know if this signals a rally, but the price went up steadily all ...
  Topic: US in deep a**hole. What next?
Micki

Replies: 17
Views: 802

PostForum: Book/Media Reviews   Posted: Thu Oct 09, 2008 8:52 pm   Subject: Re: US in deep a**shole. What next?
We Don't Talk, We Walk.
Like this:

A bit off topic but recognition should be given to the founders.
This started off in France by a group of people who call them selves Yamakasi (some Africa ...
  Topic: CNBC Split Personalities
Micki

Replies: 5
Views: 418

PostForum: Economics & Finance   Posted: Thu Oct 09, 2008 7:07 pm   Subject: Re: CNBC Split Personalities
CNBC can be fun.
When I was away overseas a few weeks ago I actually turned up the volume for a while and had this debate something like this about shares;

Man: So you don't think people should ...
  Topic: Have commodities bottomed out.
Micki

Replies: 11
Views: 417

PostForum: Economics & Finance   Posted: Thu Oct 09, 2008 6:18 pm   Subject: Re: Have commodities bottomed out.
Precious metals have not reacted in the way I would have thought, Micki.

Silver, platinum, and palladium are in the doghouse, since they're basically industrial metals.

Gold is basically just ho ...
  Topic: The cursed machine would have ground to a halt!
Micki

Replies: 12
Views: 692

PostForum: Psychology   Posted: Thu Oct 09, 2008 5:47 pm   Subject: Re: The cursed machine would have ground to a halt!
"And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return a ...
  Topic: US government to take stake in banks
Micki

Replies: 13
Views: 610

PostForum: Economics & Finance   Posted: Thu Oct 09, 2008 5:03 pm   Subject: Re: US government to take stake in banks
They should have done this from the beginning, instead of doing the questionable Paulson plan. Nationalisation seems to be the only workable solution.
Eliminate the Fed.
Outlaw fractional reserve ba ...
 
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