Search results

Once again, some show how clueless they can be. This is a systemic beginning of what could lead to a total market and dollar collaspe. 700 BILLION dollars is just the tip of the iceberg. We are talking 47 TRILLION dollars in credit default swaps roaming around out there. 25%+(more like at least...

Fractal, I trade Gold very successfully. The reason the Dollar went up over the last 2 months was to help price in the massive dilution that Bernanke and Paulson knew was on the horizen. It wasn't because Europe might cut rates(they didn't), or any other reason. There was no fundamental...

Ticketwatcher this was done right after Lehman. Many accounts are no longer safe. I am gratefull my broker(s) are healthy and not publically traded. Many accounts could be potentially as risk, hece the need to post. G'Day!

Regardless of whether you are for gold or not isn't the main issue here. It is the very fact that the Gov. has given these institutional banks/brokerages the power to take you assets at will. This is unprecidented and just down right crooked. Money market funds are no longer safe. I am pro...

Here is the link again, this time is works./ http://www.kitco.com/ind/willie/sep182008.html

Looks like you have some simpleton genuis here. Who cares if the article was from Kitco(If link doesn't work go to Kitco.com website and look for article on main page). The article is on many websites. Many here still do not know the severity of the situation. Even Bernanke confessed in a...

"How fast can you print money?" Well, son, that's not fast enough! The systemic collaspe of fiat currencies is near(or at least massive dilution on a historic scale!) You know all those pathetic and BANKRUPT institutional banks went up yesterday on this temporary short ban. When the ban is...

I imagine nice folks at places like Interactive Brokers, Global, Velocity, etc will be just fine. However there is plenty of Institutionally tied brokers out there that just might be in a cash crunch and decide to use your money for there short term benefit(before they collasped). Read on you...

I started hitting the GLS options last Friday when I found the bottom on spot Gold at around 5 O'Clock in the morning(CST) at around 754. Bought the GLD Sep 85 and 86 calls and then went beserk! 100% and then 100% and then 3600% wednesday). Sold at the fake rally and looking to buy up the Otc...

"I sold every listed security I own [save for IBKR]. I won't be party to this incredible fucking scam. I refuse to trade any US market. Heading to Malta. Long 100% in EURUSD from 1.4292, unleveraged. Buy gold on this dip and don't sell it." I am with you Atticus. Same line of thought. I...

Finally, some one who sees behind the window dressing. This potential move and the lowering of asset quality by the FED to qualify for FED discount window lending could collaspe the US Dollar. I would say by the least it goes back to 1.61 to the Euro. Makes for a strong Gold and Silver...

"todays action formed a market bottom..." No it didn't.:)

IF you are having trouble trading, then stick to one vehicle and get very good at it. I would suggest GLD and SLV. Reason? They are commodity related(Gold and Silver ETF's). Basically GLD works to the inverse of the US Dollar. If you do not have a futures data feed to where you can get the...

I went I am waiting for the top and then I am going to hammer. Will find the bottom on Gold and buy back in. How can this be good news? There is, I think 550 TRILLION in Credit Derivitives. HOw much of that is bad paper? ALOT. If the bad debt goes into a repository held by the...

Huge buying to knock out options. All fluff and no substance. HOwever it sure is great to see the institutional order flow and hang on for the ride. I reversed again, see you on the way down. (Not trading ES, scalping SPY options).:)

Juat the absolute craziest day in the ES EVER. If Britain didn't come out with that socialist news that they where banning short selling, then no recovery. Thank you DOM and Charts! Will be interesting how the world takes this move. Unprecedented ploy and could be the end of the idea of...

There is nothing but risk. The do not have enough money to survive. And the only way the are going to get it is by Gov. takeover. It is the only way to avoid a complete and utter banking and dollar collaspe. Treasury will wipe out the common stock and thus it should be. There is no value...

I use them for equity options. Great fills, you can trade right from the chain. No charting to speak of. You can see the book, however you can not direct your order to a particular option exhcange(there are 6). Doesn't matter fills and price are better than most. Great for executing trader, get...

It is just absolutely, positively amazing to get back to Elitetrader( I have been to busy shorting this worthless equity market and hammering the commodities) after several months, to see yet more guillable newbies asking, yet more questions, about some stock scamming dope. Word of advice...

As per my last post, last weekend, I tried to tell a few at ET that we where in a bear rally nothing less, nothing more and that you would see a very strong sell off on the DOW through the week. All naysayers got schooled. Man! You have got to love this volitility and uncertainity, I sure...