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While John Maudlin is best at promoting... John Maudlin, I have read A Gary Shilling's books with some interest as he is one of the few writers that understands deflation. Gary's long term take on the long bond yield at 3% is tough to stomach, but good reading, if for nothing else but 'just...

Saddam's hanging is a weak november surprise - can't bring out osama, so bring out saddam. Actually, considering the situation in Iraq, this needs to be wrapped up quickly so that in a saigon pullout scenario he isn't around to resume power. That would be a bloody nose to the US the likes of...

Well, my level of TA is not as sophisticated, but here's my chart based on the GLD ETF (not set up for futures on amibroker, sorry). Fairly convincing rise out of this triangle on the upside. Target 850 -890. FWIW I did expect a downside breakout from that pattern, so keep your stops tight.

No, I think its a buy dollars short term situation. As far as gold, who knows. Islamists like gold because of their banking laws, you know.

Any military intervention in iran MUST be completed before the iranians have a working weapon. http://www.elitetrader.com/vb/showthread.php?s=&postid=1216805&highlight=iran#post1216805 Hey michael - good pickup on that carrier group moving towards iran. I missed that.

Actually, he's long his own floating rate products. + 75K PFN since last year current market value about 1.4 million. Hasn't sold out of it yet. http://finance.yahoo.com/q/it?s=PFN

were some in the last one too, you know.

Saving bandwidth. Please click on referenced link in the linked conversation. http://www.elitetrader.com/vb/showthread.php?s=&postid=1210489&highlight=social+security#post1210489

After the carnage that just occured in the canroy's, I have slashed my exposure to that sector. I have some longs near the lows from yesterday that I will take a punt on, but for the most part, I am out of this sector for a while. Note that some of the CEF's that specialize in this area haven't...

The 'wealth destruction' effect that occurred today is somewhat impressive. At some point, someone smarter than me will compare the 15% foreign tax withholding pre and post the massive capital outflows vs. the tax revenue obtained by the loss of favorable taxation status. I'll bet its probably...

Have been looking at this stock now for a while. Its business premise is novel, but nowhere near as good as the investing public seems to think. What has attracted my attention is the absolutely massive insider selling that has happened since issuance...

Concur on that. Went long south america in size (size zero that is!) and have never regretted my decision.

FED Trader: "Hi there. Where are you in EUR/USD?" Citi Trader: "On how much?" FED trader: "Oh, about 2 trillion USD." Citi Trader: "Ummm... I'm not sure my boss is going to let me make that market. Let me check." (clicks off on phone, and screams to the room to buy vol like its the...

if you think that the markets are completely random, you obviously have not traded CEF's around nov-feb. oh, don't know a thing about randomwalk the entity, sorry.

I salute you. You're done. Barring any sort of hyperinflationary scenario, you're set for life and your kids are set for life and your grandkids are set for life. You realize that if you simply put that in a ultra conservative asset allocation with plenty of cash and bonds earning 6%...

Think it depends on what the local economy is based upon. If the local industrial base is manufacturing (like flint MI - aside, one of the highest crime cities in the country now), forget it. Would get rid of that in a hurry. I think the rust belt is in for some severe pain - its the real...

Interestingly, in our area (central FL) prices are down only 3% close to the center of Orlando, and things are moving. Slowly, but they are moving. Not sure if this is the DCB (Dead cat bounce) or if it just represents sufficient demand to mitigate the lousy housing market. Six to 9 months or...

mods, please move this drivel to chit chat

Only a few mill? Gotta get up to that ten spot there so you're hanging long and strong with the boys...

no room at the low end for u.s. consumers. They are 'tapped out'. IMHO, anyone take a look at the progressively more draconian terms of credit cards these days? Credit noose is slowly tightening. Now WMT is forcing suppliers (P&G) to concentrate their cleaning solutions to decrease shelf...