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gold would be trading at barter unit to other commodities in a depression. ie a chunk of gold gets u a cow.

trading to not lose big vs. winning big is very profitable way of thinking and has longevity. all the great hedge funds of the past 30 years have invested in controlling loss first. most managers and traders with outsized returns one year inevitably lose it all.

gold could be at 5000 years and years from now, but it could also be at 400 again first. commodities never go straight up over hundred year periods. in fact they retrace 70-90% of value many times

americans love gold so much they send them off in the mail in little envelopes for 10 cents on the dollar

all philosophies and modes of existence make sense and work in an island of 20

Madoff is half chinese.

anger is a very useful tool. just need to correlate it to the proper action when it occurs

it is harmful to cover or hide emotions. one should embrace emotion but figure out a positive way to interpret that emotional data and use it to profit.

Actually this works.. the more emotions you keep pent up, more likely it will sabotage you in a big way later on.

presidents have no influence on the economic cycle. the trick is to get elected after a crash where the base line is low introduce a plan and take all the credit.

everyone's holy grail is different based on their constitution and emotional make up. the market basicaly plays musicial chairs and a particular strategy which a particular kind of person trades becomes in vogue for a period and then another replaces it for a period. this all cycles over and...

This place will take ur business and leverage you good. http://www.holy-ny.com/node/101

They don't have a slave problem like the US

95% are politically correct.

Sadly no. Burger king won't even hire you cos you actually speak normal English.

The pennies that prop guys made per shares traded each day were gobbled up by HFT. This has happened across the board from pit traders to mouse clickers.

No, I refer to American culture as in the size of their mini mansion, automobile they drive, size of their backyard, size of their wife's tits, etc. so an average european or asian foreigner has no problem living in an apartment the size of a closet cos everyone else does back home. Moment...

Default would be best option for jobs creation long term. Looking at 1998 asian default, those nations which defaulted now have the lowest unemployment rates in the world. How does that work? Basically you kill unions and dismantle the modern robber barons.

I also find it ludicrous that Obama wants to reward construction companies which profited massively off the RE bubble with tax subsidized jobs creation and contracts. This plan is nothing more than spending tax money to hire illiterate union workers to dig a big ditch and then fill it back up...

Unions are a tax on it's people and an uncompetitive disadvantage to the US. Not immigrant or outsourced labor. The latter is a reaction to the theft which the union handicaps onto the rest of society. Protectionist labor is nothing more than middle class socialism.