Search results

You are not being contrarian. This is the common perception.

Rahm Emanuel will be Obama's chief of staff. He was member on the board of directors at Freddie Mac during the time Freddie was cooking the books and knowingly gave out loans to people who could not repay them (how is this 'CHANGE'?) Make no mistake about it. This man is a criminal who has...

Well, in the case of the EURO, there would probably be some members that would leave first, therefore creating a drop in confidence among traders and then causing a currency attack. My money is on Ireland to leave first (if this were to happen). It can happen to any currency but at the...

You should start by researching the prototype to the EURO, the ERM and read about why the GBP has to leave it in 1992. http://en.wikipedia.org/wiki/European_Exchange_Rate_Mechanism The Euro did two things: 1) Make it easier for European companies to manage currency risk and therefore...

As long as there are government produced and sanctioned currencies, holding gold is risky. If were ever return to a gold standard, any holders of the metal would be in trouble. However, if everything falls appart and we enter into a bartering system, those who posses gold would be, well, golden...

The "smarties" as you call them wanted the market to go higher in 1929... didn't quite work out, did it.

It's clear what will happen: Obama faces an impossible situation that no mortal could ever solve. He will be seen as a failure and there won't be another dem elected ever again in my lifetime.

The 1929 crash was slow?

If you are using 1:50 then your stops must be super tight. We are talking around 1-5 pips. Otherwise you will be risking to much of your account on any single trade.

IB allows you to open up an account through which you can run a small fund (for family members, friends, etc.). Are there brokers out there that allow traders to run their full fledged fund (offering fund management tools including software the allows investors to deposit/withdraw)?

Doesn't mean that money is being lent out. So not necessarily another bubble.

100% correct.

That was the 70s, this is 2008.

You think you know Buffett's methods? LMAO!

Yup it's all fake. Hedge Funds's didn't overleverage, bad loads weren't given, demographics are pointing to another 80s style bull market...

That's one way to keep it from tanking! :D

It also depends on how you define safe-haven. A safe-haven doesn't necessarily help you grow your wealth, but rather puts it into hybernation until the storm passes. People who held DM during the Weimar lost it all due to hyperinflation. Those who had property watched it drop dramatically in...

It's not a matter of trust. ETFs carry a lot of risk. This is not something that most talk about.

Indeed. Gold ETFs carry similar risks. In my opinion I think that the ETF explosion is a bit worrisome.