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  1. V

    Schiff's latest prediction: depression, riots and end of economy

    I'm thinking the same thing. BTW, he has no margin and he decided that based on it being too risky. He got a lot right, but this massive deleveraging / deflation he glosses over completely. He keeps repeating 'it doesn't matter' , 'what matters is the end game', etc. His solution all this...
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    Jeremy Grantham - another one who got it right

    Here's a current article http://online.barrons.com/article/SB122367853796824483.html?mod=b_hps_9_0001_b_this_weeks_magazine_home_left&page=sp
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    Jim Rogers says all you 29 yo Wall Streeters driving Lamborghinis -

    Well for the first one, the USD, he did expect a bounce this year, and he said it ahead of time - I saw it on a clip. He just wasn't very vocal about it. So now during this rally he said he would sell his remaining USD holdings. The second part, can't help him out there.
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    Incredibly Bearish: Retailers Running Out of In-Home Vaults/Safes

    Here's the silver lining for clutter, tons of hiding places. Then you just need one bogus safe. :)
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    Roubini sends out emergency alert-Global Depression

    Yep, saw that too
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    What's the best currency to hold as Cash?

    I did a little bit of hedging using Merk's funds - you can check their fund holdings. Not recommending them, just for reference. http://www.merkfund.com/fund/mhcf/index.new.html http://www.merkfund.com/fund/macf/index.html
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    What's the best currency to hold as Cash?

    :p :p :p
  8. V

    Bank withdrawals & Cash hoarding

    I also thought that currency would be worthless, but I'm not convinced now. Consider the case of a temporary freeze, where the general public is shell shocked that electronic banking no longer works. People will fall back to something familiar. Everyone has at least been brought up with using...
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    Bank withdrawals & Cash hoarding

    wow, $100K is quite a bit, at least for me. I just pulled out $5K CAD and $5K USD, and that's it.
  10. V

    Hedge Fund Redemptions

    My understanding was that not all hedge funds had that option. What percentage can suspend and/or throttle redemptions?
  11. V

    Hedge Fund Redemptions

    I posted an article link somewhere else. According to that, most hedge funds have flexibility in redemptions, and until the end of the year fund managers typically try to convince the clients to stay on board.
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    Stocks with a P/E below 1

    Yeah, that one looks good - who owns it?
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    Unnamed hedge fund in trouble

    It's this guy who did the fraud http://www.bloomberg.com/apps/news?pid=20601087&sid=adkXg9yrKXgQ&refer=home
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    If you think you know what the economy needs here is your chance:

    They're late in the game, there's a couple of sites that have been up for a while http://www.halfbakery.com/ http://www.whynot.net/
  15. V

    Warren Buffett is buying (now GE) and so should you!

    That's interesting. I wonder how difficult it was for them to set this up? How about anyone else - how difficult could it be?
  16. V

    House Members Get Flooded With Calls Supporting Bailout Plan

    Astroturf? I wouldn't be surprised
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    Which Hedgefunds are going out of business? SAC, citadel, TCI,and etc?

    Yeah, that's the man to watch out for. I could be wrong, but what I've read there is a meritocracy there and very little group-think. So consider: 1. large head start against other quant funds (aren't they the first?). Compounding of strategies and knowledge. 2. large group of bright minds...
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    How Wall Street & Greenwich Have Changed: Masters of The Universe

    But what about this: http://news.alibaba.com/article/detail/finance/100008354-1-look-out-bloody-tuesday%253F.html
  19. V

    The A-bomb of this whole huge mess

    Question: Who would they sell too? There's also a section at RGE with a bunch of articles about this.
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