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$2M in VC funding for that? I have a bridge I want to sell some VCs.

Wiser words have never been spoken. :D

Same reason that stocks were reaching all time highs in 2007 when the economy was in recession. Stock prices do not do a good job of reflecting how the economy is doing. Eventually the market is always right, but until then it is always wrong.

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. The senior official claims the US has played...

6E used to serve my junkie addiction to futures well. I would trade 10 lots on a 25k account. NG finally blew me out of the water. Averaged down on 8 lots, lost 6k in a few minutes. YM used to be my favorite, but at $5/rt scalping my edge was very small. Always wanted to trade VIX futures but my...

OP, I think many of us who have been at this for a while have found the holy grain atleast a few times. Only to discover later that there was a logic flaw in our methodology. Wether it be curve fitting, wrong assumptions, basis, spreads, commissions, or the nature of the market changing. After...

http://www.seatgeek.com/ Interesting new startup company. I'm a big believer in efficient market theory. Due to that, I fail to see how following their advise will save you money over the long term. They'll probably be gone in a year, but not for lack of creativity.

This is just a sign of things to come. When resources are scare, they will be allocated to the rich elite first. Wether it be shortages of vaccines, food, gasoline, consumer non durables, etc. Everyone else will be left to fend for themselves.

Is this for real?

When I first heard of this deal I could couldn't believe the size of it, even by Buffet standards. At first I though the old man has lost his marbles betting so big on rails. But now its starting to congeal in my mind. I think I figured out the angle here: Buffet is converting dollars to...

You might have been able to get in for a bit cheaper than 200k, but not by much. The idea is you sell your home and put the proceeds down as a fully refundable deposit. BTW this is independent senior living, not like a nursing home. Now nobody will want to move in since the company's future...

I personally have 2 relatives living in Erickson retirement communities. This is a prime example of why you should not trust the system. Erickson communities builds mega sized retirement communities for wealthy retirees. I was truly in awe the first time I visited it, they are like small self...

Presumably, but "safety" deposit boxes are still not intelligent places to store your valuables. Remember that in the Great Depression FDR seized all gold out of safety deposit boxes. All safety deposit boxes had to be opened under the presence of a government official. Any gold contained was...

I think someone has lost his sanity. :D

Welcome to McCrematory. Please deposit your dead relatives body at the gate. We have several burial packages available for your consideration. Platinum is our best package. It includes an extra comfy looking padded premium oak casket. A premium burial plot at the McCrematory Cemetary is...

http://earthquake.usgs.gov/eqcenter/recenteqsww/Quakes/us2009msai.php#details 10 minutes ago. I doubt it but maybe.

Peak oil is assured (unless you believe 86 million barrels of oil a day can be produced ad infinitum). The only real question is "How soon, how bad?" btw: its forwards not futures

This economy sucks for young people the most. Business startup costs are less expensive, and stocks but they are lower for a reason. Older people have SS/ medicare, and the 60s generation has savings. Young people have nothing and a ruined economy courtesy of the baby boomers. Wealth creation...

Cool never heard of hood2hood before. Defiantly gonna check out some of those blockumentaries. thx

Dollar crash = end of globalization, world as we know it It won't happen. Central banks won't let it happen. Devaluation will occur, but not a collapse of the USD. Not yet. This time isn't different. I predict the USD will collapse eventually due to resource depletion driving costs of...