Recent content by Lobster

I think what he means is it's not a few people engaged in a zero-sum game writing I.O.U.s backed by real money; The players are using, instead of real money, I.O.U.s backed by I.O.U.s backed by nothing, because "the house" bribed their great-great-grandparents' lawmakers. Politics, wars, in...

I'm waiting for ammo to post, "add 1222, avg 1221."

True, true. In the grand scheme of things, the coup works by concentrating power in the hands of fewer and larger corporations and then calling in their debts. It's really just feudalism.

Maybe the thinking is, With the election out of the way, Benjamin "Shalom" Bernanke is likely to underdeliver. That would mean a sell off in gold and stocks.

Just someone with a very limited understanding of options pointing out that someone else may have an even more limited understanding. What else is new?

People live in the delusion that the purpose of life is to amass money. They believe politicians are responsible for the environment that determines stock market performance. They are invested in stocks. Politicians want to be re-elected. Therefore they manipulate the stock market before the...

Not to get too philosophical, but exactly which days do you consider "free"?

The Dow Jones Transportation Average Index, supposed to be a leading indicator for stocks.

Look at the DTX. Now I don't even want to be short anymore.

While I am not a US citizen, I have lived in the US for over 10 years. Name one country on the planet where the politicians are not morons who have sold out their country's sovereignty to international bankers. Let the citizen of a country without a central bank or fiat money cast the first...

Not if the DTX has anything to say about it.

Ah, so you're the one who owns the Bank of England. I have always wanted to meet you.

The economy is still in a depression. It's not like stocks are becoming more valuable; they are just losing value a little bit more slowly than the USD. So when the USD corrects, so do stock prices.

Hehe, good one. If you change your mind in a couple of years and want to buy some when it hits 6000, let me know.

They are giving those participants who are just getting into the office time to liquidate their long positions.