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    Intellectual property is dying. Free movies and TV shows.

    I personally think the music and movie industry is a great example of what free markets are about and how the people can change the world for the better. Sure by the letter you could call it stealing but that is just way to much of a narrow way of looking at it. People think downloading is...
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    Is there a real difference between having 200 million or 500 million?

    Maybe the 500 million number was a bit high but it's not like rich people are all only worth like 10 million or so. There are a lot of rich people worth a lot more and I was curious how the swings in their net worth affect their life(style)... Maybe a stupid question sure.
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    Global Macro Trading Journal

    I can't link the article (its in Dutch) but European tourism into Swiss is down 10% year to date. No idea on the significance of tourism or those numbers but I figured I'd just post them given how hot CHF is as a topic of discussion these days.
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    Is there a real difference between having 200 million or 500 million?

    I spent some days on holiday at the beach here.... Where all the rich go. Think like St Tropez or stuff like that although less well known obviously... Appartments go for like 10 milion USD which might not sound a lot compared to Malaga or whatever but it is here... Anyway.... as the...
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    There are some big riots going on in England right now

    A lot of Premier League stars are calling for an end of the riots. LOL. I bet they are.. Given the cars they drive...:p
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    Global Macro Trading Journal

    Good call on the CHF guys I hope that one guy didnt listen to me...:p
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    What is wrong with hyper inflation?

    To an extend the OP is right, without the obvious hyperbole. My grandma payed 2 cents to take the bus. I pay like 5000 times more to take the bus. Would I want to change places? I think not.
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    There are some big riots going on in England right now

    Finding a way to never have riots is like finding a way to make sure the stockmarket never goes down. It can't be done and it would be unhealthy if there never were riots or stockmarket crashes. Leave it to the politicians to claim they have found the way to utopia.
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    What is wrong with hyper inflation?

    Inflation deflation.... These terms are irrelevant. House prices crashing...wait I thought things were going to get more expensive. Stocks crashing....wait I thought things were going to get more expensive. Gold rising....I thought gold needs inflation to rise? Then why did it lag...
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    Yamana Gold (AUY)

    Check out DROOY. That's probably the worst gold stock in history. They have a PE ratio of 3, they actually pay a dividend (LOL) and its at the same level where it was when gold was at 500$ an ounce. I don't own it but really say gold goes to 4K it has to go up like 1000% or so. :p
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    Can't Go Wrong with Gold - Peter Schiff

    All hail the Schiff meister.
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    Global Macro Trading Journal

    How much did Soros miss out selling his gold in Q1? At least a billion or more no.... But who knows... maybe he got a large chunk of the meat and left the blowoff to the dentists.
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    There are some big riots going on in England right now

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    There are some big riots going on in England right now

    Yes for sure. Absolutely. These kind of burst outs have a psychology of their own and logic isnt one of its main characteristics.
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    Yamana Gold (AUY)

    Shorts covering... Let's be honest this should have been at 30$ like a year ago or so. Or am I just projecting...?:eek:
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    General Motors

    Oh boy... So sad. I am really not laughing it's just sad. Next up reverse split?
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    There are some big riots going on in England right now

    Two reasons I guess. 1 is when police acted previously against minor incidents the public thought they were using excesive force... 2 if you shoot and kill a 10 year old all bets are off...(regardless what he was doing....)
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