Search results

All the FED is currently doing is monetizing the $32Trillion of direct GO Debt of the U.S. The money was spent recently, or a long time ago. Doesn't matter. No country has ever repaid that level of debt. If the FED doesn't monetize it, what will happen? Maybe the NFL can sell some season tickets...

The next QE starts as soon as a major financial falls over and looks to die. Think Lehman Brothers. No telling where if will come from, but it certainly will happen.

Good post, but perhaps expand it. If a trader/investor wants to make clear, independent decisions, which is a better way to go? Fundamentals or TA? Which of these can block the outside "background noise". e.g. you want to buy a beverage company. PEP looks great, but then you hear an advert that...

You bought your first home for cash? Really?

Liar loans are just a mechanism to cheat the system. When we bought our first house, there were certainly items on the App that bordered on fiction. Nonetheless, we paid the 30 year mortgage off in 12. Always pay your debts. Your turn.

I don't know what that is about. You want detail. OK. *** It was Pres Bill Clinton who started it. And he used that stat (blacks who have recently bought houses) to run for re-election. "See what a great job I am doing" His enforcer was Janet Reno (Attorney General). She threatened to sue these...

Shorting the underlying security (MBS) was NEVER the cause of the problem. *** I was going to post a thoough response. But it is not worth it. People who want to believe what is "comfortable" for them have no interest in facts. No idea what case the OP wants to make. But it is probably based on...

It's not a waste of money if one of the beneficiaries has a notion to sue you (as executor). And of course up-front legal expenses of an executor are not "out of pocket". If an attorney is needed, that cost is deducted from the estate, before distributions are made.

Why not just one computer, multiple monitors and single keyboard/mouse. I have never done it, but I think you can partition a hard drive anyway you want. For me, I always have an external storage drive (Western digital) Everything that is important is stored there.

Used to be, people opened a brokerage account, e.g. Estate of John Doe. Then the executor has to gather the supporting docs: Death Certs, Affidavid of Domicile, etc Then deposit the certs to a broker. They will then check with available REORG sources, market values. A lot of really old stuff is...

OK fine, Which of these charts are you more comfortable investing your cash? 5 year or 50 year?

Yes, and because of the obvious defects in Win11 OS, I bought a used Win 10 server. Plugged it in, the lights go on. But I am trying to use my non-MSFT spplications that I favor. Like Mozilla Firefox. Seems this Firefox install doesn't want to load Youtube.com, or gmail. Cutting in on the MS...

If you don't start with a 35-year chart, I don't think the shorter charts are of much value. Frankly, I think the problem (posts of losing money etc) is so many people here can't afford $500/yr for charts (or any paid subscription for charts). People read they can do it on the cheap, sharing a...

Sorry to say, we are on the back end of 250 years of government growth. Lately (past 50 years) it has been truly parabolic. And now the larder is empty, and everybody (governments) have tons of debt. Best thing to do is change the subject. Global Warming, viruses, etc will keeps most of the...

Sorry my friend, Either you are dipping into the sauce (the good stuff - 12 years old) or you just haven't done that much with TA. Probably the latter. This stock is NOT "ready for prime time". Get the kids out of the room. The UL fan boys will disagree with me, so what.

Back when I was Series 7, I knew plenty of guys who would push stocks around, especially at the close. Candlesticks were either new idea (in a book), or they didn't exist at all, except in Japan. One daily candle does nothing for my decision making.

Last day job I had (HSBC.com - nearly 20 years ago), used to have meetings after everything. Especially if there was a problem. Casually called the "Post Mortem", because somebody might be dead afterwards. Might be blood on the walls. When I departed that job, I was in charge of deploying new...

Oh yeah, going to four monitors ASAp, next week? Only issue so far. Seems this server has some blocks to youtube. I watch a lot of financial stuff (e.g. Palisades Gold Radio) YOUtube (this tower) works fine on the MS browser, but does not open videos on firefox. Any idea where that kind of a...

Yes, seems the futures ("commercials") are less squeamish about prices going up. They have to deal with it. It's their job. Traders (e.g. ET), not so much.