Search results

Pretty soon there won't be any more middle class or even upper class. Just the ultra-rich and then the rest of us, and the rest of us are going to just keep paying more for everything we need until we are all in basically the same shape, broke. And then people will all wake up and think, what...

Also, What the Hell is wrong with this picture. This sold for 5.5 million in 2007 at Barrett-Jackson Auction. I don't give a crap if there was only one made in the history of man kind. Things can only get so "krazy" before the craziness has to end.

Yea, your right. They are probably doing much worse than the graph. Most people put their money into their 401k and just pick the first 4 or 5 funds on the list that seam to be doing the best and then don't touch it until it goes bad for a while. Then they move it to other funds that are...

Today is Chart Day Open your eyes!

Of course this was not a stable market either. Great to trade but how would you like to have your 401k in that market. 25 years and a negative gain!

I don't see any stability going forward. Looks like a sling shot on steroids. Right shoulder at about 11500 to 12000 and neckline about 7000 and then on down to 3000 or lower.

Looks just like a chart of the Nikkei index. Amazing similarity.

Gold is not for the faint of heart, however all bull markets end with some kind of a blow off top. Gold in 1980 was a blow off top as was the Nasdaq in 2000 along with the Nikkei in 1990. I don't see anything like that in gold now and I don't see the printing presses slowing down anytime soon.

That's probably not a bad idea. When gold is making new highs and GDX is not, then that should tell you something. The only problem with that is that there is always the chance that gold goes parabolic like it did in the 80's which would take GDX for a ride also.

They are probably going to need it at some point to support the dollar if foreign governments decide to completely dump their dollars and US treasuries. At that point the US does not have nearly enough gold.

There is more perceived risk with anything paper than the actual metal. You have to own the metal. The stocks that make up gdx can easily be manipulated but the actual metal has real supply and demand. Metal futures can be sold by anyone or bank or fed trying to make the dollar look good, by...

The US would get full price for their gold cache without blinking an eye (if they actually have it). There are several governments that are trying to increase their gold reserves right now without driving the price up too high too fast and would love to be able to buy this amount in one fail...

All the charts look the same. Would be helpfull to see the actual time of your trades or simulated trades and your stop.

You are thinking way to small and way to short of a time frame. We (as in the whole world) are entering into a new "dark ages" period that could last 500 years. This little bear market rally shouldn't even be talked about until we take out the old highs. The stock casinos (er markets) around the...

Insiders sell like there's no tomorrow Corporate officers and directors were buying stock when the market hit bottom. What does it say that they're selling now? By Colin Barr, senior writer Last Updated: September 12, 2009: 7:25 PM ET chart_insider_sales2_03.gif spx.mkw.gif Stocks...

Here's how!!! Mark-To-Market Is Back — With A Vengeance! Jul 31 2009, 1:15 pm by Daniel Indiviglio Attention: This may be the single most important piece of news regarding the financial industry you will read this week. Maybe for the whole month. Maybe for the whole year. Okay I’ll...

What recession? Nine U.S. banks pay $32.6b bonus New York (PTI): They survived the financial turmoil with taxpayers’ money, still nine leading U.S. banks shelled out more than $32 billion in bonus to their employees last year, with crisis-ridden Citigroup alone paying $5.3 billion...

Here is a nice little chart of what we have to look forward to for the next 20 years if the system lasts that long.

chart

Chart of the day. Sell, Sell, Sell, or your 401k may go to zero. And thats another thing, what a pile of crap we were sold about saving for retirement with a 401k. Tell that to the Japaneese.