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my favorite call was on cnbc in 2007. faber said that if the fed cut interest rates from 5% to 0% the dow would go to 50k but it wouldn't matter cause the dollar would be worthless. instead the dollar ripped 20% and the dow was cut by more than half. mentally the guy is living in a time where...

India has put the world on notice with its Commonwealth games preparation :eek:

didn't you hear? jim rogers is simultaneously long everything at the bottom and short everything at the top. the man's a genius, what can you say. and yet he manages to keep his folksy, aww shucks attitude somehow...

folks buying US Treasuries certainly disagree

I don't think anyone has actually mentioned the root of the problem which is FRACTIONAL RESERVE BANKING. before the fed existed in the US there were always massive bank runs whenever a crisis hit. one of the purposes of the fed was to put a stop to the bank runs. and in that sense they are...

wow! what is this guy's educational background? is he just a computer programmer? did he make this for a wall street firm? and what do you mean by "HFT"? the algos 10 years ago were very honorable and noble compared to the robber baron HFT's of today.

oh boy, if you are relying on anything canadian to lead some sort of recovery then it's not looking good for the world. stone age here we come...

http://ca.news.yahoo.com/s/cbc/100913/canada/business_payroll_survey_canada 59% live paycheque to paycheque: poll

canada bubble set to burst in 5, 4, 3, 2, 1.... canadians most indebted kunts on the planet.

“In the odd chance that it doesn’t [surge] with all the positive things underneath, I think it will fall 10 percent very quickly—which is not what I’m forecasting.” so the market is going higher but if it doesn't it will fall. hmm...

when you're in a gigantic credit bubble anything and everything gets approved. only once the party is over does the astonishing waste become evident.

the irony of metallica's crusade is that they first became known from underground fans passing around cassette tapes. 'Orion' is a masterpiece though.

http://www.independent.co.uk/news/uk/crime/illegal-downloaders-spend-the-most-on-music-says-poll-1812776.html Illegal downloaders 'spend the most on music', says poll this also holds true for those who download movies.

the kid should have responded to the "zero sum game" question by bringing up the stock market.

haha classic rant joovenile jatt...and all very true. unfortunately as someone mentioned previously the supernerds are not likely to get caught in a black swan event cause they pull at the first sign of trouble and flee like cowards. don bright, I believe, or someone working with him, wrote a...

exactly right. it's bizarre how mainstream "the end of the world as we know it" has become.

on what timeframe does it look like gold is topping out? it feels like it's about to break highs from the recent price action. even if does make highs though I don't see how it can stay up if/when the real deflationary selling takes hold...

the discretionary scalping day trader is the biggest victim of the fraud perpetrated by the HFT's and the two tier market system. the market is mostly pure ground and pound. if it moves it generally pukes out the entire move at once and then quickly returns to ground and pound. the smooth...

haha deadbroke you are definitely the most entertaining poster on ET. very educational too... I especially like your Mara river analogies.

oh boy. shameless quack schiff still has the gall to recommend canada and australia? this guy is seriously retarded. he doesn't learn his lesson. you'd think he would have learned something after being down 70% in 2008. literally, do the exact opposite of everything schiff says.