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Juries in a civil trial are the biggest crapshoot in the entire legal industry. A settlement is based on negotiation, and the final number is the closest to fair that everyone with a stake in the outcome can agree to. One side makes an offer, the other side a counter-offer, back and forth...

The only real threat to the euro would be if a member country started printing their own money without permission from the general counsel. Right now, if I have a euro then I can spend it any of a number of different countries. If I have to worry about it being a "German Euro" or a "Greek Euro"...

Can someone explain to me why the euro is getting hammered because of the Greece situation? It seems to me that Greek sovereign debt should bear the brunt of it, not the currency. If Greece defaults, why should that affect the euro?

It's kinda like we are about 2/3 through a big casino night. Right now the wheels of deceit are spinning fast and smooth. Too smooth. We're all having the time of our lives, but it seems like the cops are going to bust through the door at any second. Nobody wants to get left holding chips...

By manipulating prices in their favor.

I'm surprised they were cool for so long. Trendy fads usually come and go much faster than Apple. The million dollar question is.. who's next and what's their stock symbol? :D

So just late this afternoon, more developements. The wife and I were out part of the day, as soon as we get home a tan Suburban pulls up and a guy hops out asking if I want to sell that Volvo. I entertain him for a few minutes. His story is he is looking for a car for his kid brother. I told...

No way would I let a stranger into my house for any reason. If he was going to rob me in my driveway or steal one of my other cars, well I guess that's just my bad luck because he could rob any stranger or steal anybody's car.

Could be. But it would make a terrible getaway car.

Yesterday early evening a guy stopped by and asked if I wanted to donate / sell an old junker car I have sitting in the side yard. He said he was in an auto shop class at the local junior college, and they need some projects. Some negotiation, and he agreed to give me $100 cash, which he did...

Wow, and I thought Fibonacci lines were hokum. When do we sacrifice a goat?

Buy the pullback?

I'm in Oregon, so if shit goes sideways I'll start walking east! Watch for the guy dragging a tool chest mumbling "gotta find Ivanovich.. so hungry.." :p

It's not the lawyers, it's the juries. No lawyer ever awarded a huge compensatory and punative judgement against a defendant. Juries do all the time. Often a defendant will settle for less than a loss would cost them in the hands of a jury. Juries are composed of average citizens. Average...

I think I see what you're getting at, even if you aren't saying it outright. You're worried about a repeat of Roosevelt's confiscation of gold, and my tiny little stash will be de facto worthless. I still think it's a good investment even if things go sideways. If grocery stores won't / can't...

As an off-topic aside, "PIS the value for short positions" is kind of a poor choice of acronyms. I prefer the Universal Return Investment Net Evaluator.

Wait, I'm silly because you say my gold won't be accepted, but you are going to walk a cow into the grocery store and barter it for potatoes and aspirin? :confused: There's a sliding scale of currency collapse. I'm not going to take my gold today and go buy bread and cheese. It's not even a...

Meaning do you come up with some kind of a number, like "80% buy" or "4:1 short"? Or is it simply binary, like once conditions are met, it spits out "buy" or "sell" or "close"?

I love this idea. Any idea what premium they charge over spot?

In a dystopian Mad Max world, no. But in any terrible situation that the world has ever seen, yes I think exactly that; I will be able to go to the store and exchange my gold for food. I may have to make a quick intermediate stop at a gold exchange to break it into smaller denominations or into...