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  1. countryBoy641

    10 million outstanding shares. But zero held at DTC. What does that mean ?

    No. Retail selling stock certs needs to deliver same to the broker who executed the sell trade. And if you sell 100 XYZ, but your stock cert says 500 XYZ, give the 500 to your broker. The 100 you sold will go to the buyer. You can take delivery of the remaining 400, if you wish. Fees for...
  2. countryBoy641

    10 million outstanding shares. But zero held at DTC. What does that mean ?

    I think DTC is just stocks (or bonds) held in "Street Name". DTC used to be a large warehouse in Long Island City, Queens, NY. Owned by NYSE. On the other hand, If you bought 100 shares XYZ and had the physical certificate mailed to your house, that is NOT in "Street Name". But of course you...
  3. countryBoy641

    CPI - January 2022 CPI weight update

    Using government generated statistics is like going to a casino that selects the cards that you are going to play. Oh Jeez ... Here's $CRB (Commodity Research Bureau Index). From the little I know, I would describe it as the Dow Jones of commodities. Someone more knowledgeable can help clarify...
  4. countryBoy641

    Safest way to make 1% per month

    Just want to add to this already long winded thread. I might know a few aspects of investing, but I certainly don't want to represent myself as an authority on anything. I spend some time (maybe too much) on stock charts stuff. And I have many books about it. But TA is only a small sliver of...
  5. countryBoy641

    Safest way to make 1% per month

    "Safe" ?? Old hackneyed phrase: "The only things we know for sure are death and taxes" Investing means risk. Much more risk than wages. That's the whole justification for preferential tax treatment on capital gains. or ... "It is not worth an intelligent man's time to be in the majority. By...
  6. countryBoy641

    Safest way to make 1% per month

    I am sorry for any confusion. Possibly, some or many here do not follow any TA signals, or MACD signals in particular. The MACD chart of Oil that I posted has a huge "left hand crossover" in Oct 2008 (red "signal line" crosses above the black "MACD line" - a sell signal), followed by a right...
  7. countryBoy641

    Safest way to make 1% per month

    Let me please clarify that ALL investments require some basic appreciation of facts of investing. One those facts is that markets are Pendular (a term meaning "moving or swinging back and forth in a regular rhythm like a pendulum"). In this regard, revert to the mean is also a common term. If...
  8. countryBoy641

    Safest way to make 1% per month

    The "Peak Oil" folks have been screaming for 30-40 years that this can't go on. Do you really think they will be wrong forever?
  9. countryBoy641

    Safest way to make 1% per month

    Big hammer approach ... Oil is going up. Invest in that, or anything that relies on diesel (all the AGs, so far as I know). Bonus points, USDA announced last month that funding for Food Stamps gets an immediate 25% increase. Meaning that the FED is going to sit back and watch those prices go...
  10. countryBoy641

    How to become a money manager?

    Have you ever considered getting registered Series 7 and see if anybody will buy anything from you? You know, it's not like securities is a brand new industry.
  11. countryBoy641

    Stockcharts.com users, please help (get logged out automatically)

    I use stockcharts too. Have for over 10 years. But I am not day trading. Most of my positions are nearing long term cap gains. I like stockcharts for other reasons. But i have complained to them for various little "nits". Usually they just blow me off with some standard "clear cookies, hit...
  12. countryBoy641

    Nixon Shock: 50 Years Ago Today

    Maybe the whole problem is that Fractional Reserve Banking is a creation of the government by way of the Federal Reserve Act of 1913. While it may have done some good over the past 100 years, the limitations of that system (Fractional Reserve Banking) will now be blamed as a defect of...
  13. countryBoy641

    Nixon Shock: 50 Years Ago Today

    Oh, MMT. That clears up ... what? I have no idea what that chart that you posted says about M2 growth. I have no idea what the chart is even trying to say. Has anybody checked the data in that chart, see if it is anywhere near correct? Here's a chart from a private sector vendor (who pays for...
  14. countryBoy641

    Nixon Shock: 50 Years Ago Today

    But I disagree that a credit-based banking system is such a great idea, or at least for a "one size fits all" banking system. There have been times in U.S. History when it may have been a good idea. I remember one or two quarters in the Reagan Administration GDP hit 8%. All the Krugman types...
  15. countryBoy641

    Nixon Shock: 50 Years Ago Today

    Replacements for U.S. and Western Europe are being groomed as we speak. Gustavo Dudamel and the Simon Bolivar Symphony (Venezuela) Beethoven: Symphony No. 7 - 4th Movement
  16. countryBoy641

    Nixon Shock: 50 Years Ago Today

    I think you meant Deflation is intolerable. The FED clearly has stated they want inflation right now, they say 2%, we have more like 10%. So, it seems inflation is very tolerable, for the FED and U.S. Treasury. Maybe you just don't follow the news.
  17. countryBoy641

    Nixon Shock: 50 Years Ago Today

    So, what's so horrible about deflation? After you get past the "pain" of paying less for everything, the problem is what? The largest deflationary period in U.S.was 1880-1900. approximately -4%/year. Ever walk through the houses people used to build back then, huge Queen Annes. Very few people...
  18. countryBoy641

    Nixon Shock: 50 Years Ago Today

    The gold standard was there to prevent massive fiat currency, which we now have. And the problem with massive fiat currency is that will lead to inflation. In fact, the term inflation used to be strictly a monetary term, meaning inflation of the money stock. But that definition has somewhat been...
  19. countryBoy641

    Nixon Shock: 50 Years Ago Today

    Wow, definitely some "high stakes gamblers" here.
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