Recent content by Steve Sperry

I would imagine that as the Greek Comedy/Tragedy continues to play out (some questions if all the loans will not just become a bigger problem down the road) and a default now would be better than a default later. Until the actual solvency (not liquidity) of the sovereign debt becomes clearer...

The seized notes include 249 securities with a face value of $500 million each and 10 additional bonds with a value of more than $1 billion, the police force said on its Web site. Such high denominations would not have existed in 1934, the purported issue date of the notes, Mecarelli said...

Link of what 134 billion looks like... http://www.minyanville.com/articles/citigroup-spx-socionomics-kevin-depew/index/a/23040

Can someone show me an example of where a country has devalued its way to prosperity?

Snip> For a chuckle here's a post by scam artist perm-bear/gold nut Larry Edelson who goes into detail about this theory of all currencies being devalued against, YOU GUESSED IT - GOLD. >End Snip Gold is not an option to back world currencies... but the article does bring up an...

Devalue of the dollar was the solution to the last depression to inflate assets and lower the burden of debt. "the price of gold from the treasury for international transactions was raised to $35 an ounce; the U.S. government thereby devalued the U.S. dollar by 41%." Executive Order...

Damn...gotta be a way to make money trading that from the long side.....need to start looking at some pairs to trade it with. For the new guy in the back of the short bus... how do you avoid the cost of shorting by trading pairs?

Noob alert... I am trying to understand options (I just started reading about options a few weeks ago) I try and picture the different stategies but I need to see it on a graph to make sense out of it. Is there any free software or web tools that I can put the different legs on a chart and see...