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That's just more marxist drivel. America was founded as a capitalist economy. Taxation is a modern invention of the ruling class in America.

That's right, correct. Those are NOT moral countries, and those emigrants are NOT moral people. Moral as defined by the Ten Commandments *** Our current immigration policy is best described as: "square peg in a round hole"

Woah, Woah, woah. Yes, the U.S. used to be a powerhouse of innovation, natural resource assimilation, and labor attraction. **** But what was Number 1 on the list was included in the Declaration of Independence: "Life, Liberty and the pursuit of happiness" To the average 18th century Englishman...

Oh please. So according to you, all the persons in power on Wall Street made it there on their own, without cannibalizing the astute judgements of others left behind. And if you are correct there are very few to no examples of brokerages and banks having imploded. Commonly known as "Single Digit...

The ETF tracker Two months:

All right, all right. I always keep some T-Bills at AMTD, now Schwab. Oil and food are interesting topics. Summer of 1941, FDR was blockading Japan's oil imports. And then the Pearl Harbor attack happened. Ooops. The entire Japanese campaign in the South Pacific (Leyete Gulf, etc), was designed...

Well good for you. Good luck with your option selling program. I am long XOM and CVX. I just want the dividends, & longer term capital gains. If you are selling naked puts, that's in the margin account. Correct? Probably not something for me. Too much agita.

The Saudi fields were developed by the original ARAMCO (Rockefeller companies). When ARAMCO developed it (1930s), the Saudis thought they were nuts. Just a bunch of sand. But when the Saudis saw how much money was coming out of the ground, they begged Pres.Harry Truman to reconsider the...

You are guessing (with your money). Geo-political issues cannot be known in advance, with certainty. The Trigger For $200 Oil This Year And Destruction Of The Economy | Doomberg

Oil going up. A very simple action item. USD, more complicated. Right now USD is important: "Reserve Currency". High USD should cap oil prices. China is now buying oil without USD. A new paradigm, new hegemony.

The last 40 years have been a "long happy hour" for the deflation crowd. When the sugar rush wears off, reality bites. And the inflation comes in waves. Just like rallies in the stock marker. (gives the pundits on CNBC time to say "Yeah, we knew about that too"), as they try to stay relevant...

Mr. Schizo, I think we have moved well past the point of the FED jiggling interest rates for their self interest. The government chicanery is now at levels not imaginable just a few decades ago. Honest government left the station when Pres. Harry Truman drove himself and his wife home in 1953...

OK, I'll try. Gold, up 24%. Huge push, end of year 2008 into spring 2009. that's when the "mark-to-market" problems (the core of the crash) became evident. This isn't rocket science, ya know.

I was never much of a day trader, preferred swing trading. The best 10 day stretch years ago, I made $190K, triple leveraged TQQQ or maybe it was CURE. I'd insist to my wife we had to go to a restaurant on Friday, a nice place. That's when I realized my trading made me similar to a mobster. You...

Same to you. Your thoughts sound like gibberish. At least I am aware that in times of bankruptcy, all bets are off. The "adults" will likely do the unthinkable. And there will be NO FDR. No money for that.

Ya know, there is SIPC Insurance, I think it goes to $2.5Million. But that is in the event of Schwab going bankrupt. I wasn't even taking about that. I'm talking about the world of adults, where they spend huge $$$s today, pay it back (whenever or never) I'm talking about our government grabbing...

I was always kind of perplexed with how stock certificates work (sell, assign to ...), so there is a guy from a securities background telling people that they can lose their securities (at the broker, in Street Name). I think the interview was by Chris Martensen (Peak Prosperity). I guess the...

The problem is ... switching from the old paradigm (paper certs) to the new paradigm (electronic) book entry positions. It was seamless. Many people just went along with the change (it's progress, you idiot). they didn't understand the legal danger. Many still don't, even though Bernie Madoff...

Jim Rickards is a permanent bull on precious metals. He's looking for $25k on gold. Its all over the board

I think the key is what happens to Depository Trust Corp (DTC). The rest is camouflage. Trillions (literally) of $$$ of securities are held in a warehouse in Queens, NY. They are held in "beneficial form", aka "Street name" Ever looked at the back of a stock certificate? "Charles Schwab for...