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    Steve Jobs just died

    Will you be so sad when Bill Gates dies? Assuming you're still around..
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    Steve Jobs just died

    PLEASE let's stop blabbing on about what he did for humanity. He did a lot for his shareholders and customers, like any good businessman. I personally find his gadgets quite irritating, but appreciate others hold a different view.
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    What percent of your money is in PHYSICAL GOLD/SILVER/PM's?

    Every tom, dick and harry thinks gold is the only asset worth owning right now. The vending machines that sell gold bars (at rip off prices) to people with no knowledge or interest in commodity markets scream 'bubble'.
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    Goldman´s Jim O´Neill:Living in a surreal economic "doom and gloom" world

    All you need to read is "Goldman Sachs Asset Management Chairman". The guy is in charge of flogging stocks, so it's quite predictable what he'll say.
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    Greece Economic Meltdown

    Like a lot of people on ET, my mouth is watering. I really hope those Greeks screw everything up. I WANT MY CRASH!! NOW!!! And I mean a total bloodbath. A train wreck. Nothing less :)
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    *OFFICIAL* BLACK MONDAY Thread

    This is the 64k dollar question: what was the volume like on the selloff? Both the 1929 and 1987 crashes were preceded by a big Friday selloff on unusually high volume.
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    C'mon, this is too good to be true!

    Maybe that was the whole point. Everyday the BBC gets some banking suit on who pretends to be concerned about the global economy. This guy was amusing.
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    C'mon, this is too good to be true!

    Alessio Rastani, the bearish trader who scared BBC viewers with his recession predictions and declared that Goldman Sachs rules the world, is not quite the hot shot he made himself out to be. He's got about $1,542.70 in the bank and his trading assets are $15,737.17 in the red. Plus he's...
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    Groupon Is a Straight-Up Ponzi Scheme

    The fact we are even bothering to talk about a hyped up con job like this proves we are in (or close to the end of) Net Bubble II. A discount per customer is NOT a customer acquisition cost, it is a ONE OFF BRIBE. After the bribe he/she is no longer a customer, any more than a hooker is your...
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    No Panic on Main Street = Crash Soon?

    We're in a consolidation phase following early August's big drop. It's only a matter of time until the next big leg down.
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    Did anyone spot the real twist in Operation Twist?

    QE3, aka Operation Twist, is about both buying AND selling bonds, i.e. balance sheet neutral overall. QE1 and QE2 were just about buying up tons of bonds and sticking them on the Fed's loaded balance sheet. No more, said the shareholders. Yes, the Fed is a private company with...
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    No Panic on Main Street = Crash Soon?

    Prior to the 2008 meltdown, the DJIA had been steadily DECLINING for around a year from the 2007 late Summer high. Yes, fantasy is the operative word here.
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    How do you explain the economy to your kids?

    You need to explain 2 things: 1) In capitalist economies there are good times as well as bad 2) In the good times, IGNORE what everyone else is doing and save as much as you can
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    joy

    Those less fortunate? You mean those who bought the dips? :) My favourite trading motto: curb your enthusiasm. Exuberance is the enemy of rationality.
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    David Cameron is a weak leader...

    Not only weak, but not even a real conservative. Everything went wrong IMO from the point that David Davis failed to become leader. That was the starting point for ending up with a coalition rather than outright victory. He's more interested in keeping the libs happy than most of his own...
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    Why is the market going up?

    Last dying gasps on low volume.. before an Autumn meltdown. Possibly.
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    Warren Buffett, hypocrite

    It's a shame what senile dementia can do to a man
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    backer

    Are you looking for a sugar daddy? Girls who want an older guy to support them usually ask for about $2000 per month :)
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    There are some big riots going on in England right now

    When people in a major Western economy riot, it's a situation for other Western economies.
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    There are some big riots going on in England right now

    Congratulations, that's a wonderful counter cyclical business you've got there :)
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