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71 Morals are not bullshit because if you did not have morals you would still be sitting in a cave going, "uh uh..." The reason we evolved is that we developed a sense of moral compass. For if we did not we would still be killing each other. Ask yourself, why oh why on earth should we...

LOL... I thought this was really funny. It seems that neighbors of the guy I trade with "bought" a program that will "make" them money from currencies. Last week they made 40%. Of course this is completely sustainable ;) Sad as it is, to win, some have to loose... I just don't want to be the...

I can make the same argument on the American economy. Alaska, California, Florida, Texas, Washington, and New York states all have very diverging economies. California could even be its own country. Heck most of the states could be their own country. YET the fed manages to create a policy...

Oh yes trust a "Eurozone" paper... Sure the FT is pretty good, but stayed the same! http://kurse.focus.de/news/EurozoneArbeitslosenquote-bleibt-im_id_news_127438313.html "Die Arbeitslosenquote in der Eurozone hat sich im Oktober wider Erwarten nicht erhöht" In other words folks were...

Supposedly coming in the spring (2010)

No I disagree here. IB does do its trades and accounting right. Though I think what you are complaining about is that it is not accounting that you want. From what I see and manage their accounting is based on Mark To Market and general market valuation. Is this compatible with ledger...

I am in a hedge fund and getting HNW clients is not easy and yes I agree with you completely. Get their money and the rest is BS...

While I agree with you. What I think will happen is that India will quietly sell the gold through retail channels. Remember that this is the country that has desire to own gold jewelry. What I found to be another laugh riot is the following: Wednesday: Gold goes up because it is the...

Funny I was thinking EuroDollar, but then saw the strike price and thought must be GE the stock...

Buy trees.... I am being dead serious here. Look back at Bismarck and his investment philosophy. He was preoccupied with making good investments. He ended sticking all of his money into trees and forests. Did quite well actually considering all of the WARS, DEPRESSIONS, and so on that...

Check out the history of Canada and in particular 1992. Canada was facing the exact same scenario. How did Canada solve it? The commodity bull market, yes. But that was only around 2000 and a bit later. Canada did what they had to, and that was cut, cut, cut! For example if America cut its...

Ok, fair enough I mis-interpreted your betting the farm. I don't as a rule buy in these markets because it becomes momentum. There is no basis of gold. It is an arbitrary measure, just like money is an arbitrary measure. Money works best when it is kept in motion. It is not intended to be...

ES = American options SPX = European options ES = bigger spreads, but able to sell naked SPX = tighter spreads, but the margins for naked is gargantuan The NQ has a finer strike price, and can be sold naked, whereas NDX not really. When I mean can be sold naked, I mean you can sell ES...

No idea why, but they do. I compared the margins with a friend for an identical position at the same time and I got better margins. At the time I think it was for a naked ES position. IB gave me a margin requirement of around 2300 USD per contract, and ToS was around 3350 USD per contract...

And this is how people loose all their money. You can be bullish on Gold, but to say that you want to keep buying and buying is called greed and will cause you to loose your money. Gold can go up or it can go down. To assert that gold will go up because of the Fed is ignoring the fact that...

Get over it liberals? How do you know he is a liberal? Or are you making an overarching assumption? Bush f***d America up big time! Is Obama helping? Yeah he is by setting things straight again. Do people not like the healthcare plan? Absolutely! But it is the only rational thing to do. I...

Be careful on the European and American difference. If you trade Europeans you will get less premium than an American option. 1) 1100 SPX != 110 SPY There is a slight difference that can occur during cycles. It all balances out over the long haul, but there is a big enough difference that...

I call BS. What do you think is the right thing for the country? Want to make a bet that when Volcker jacked the rates that everybody had the same opinion as now? Want to bet that people thought Volcker was ruining the country and that people like yourself "knew" how to run the country?

And this is the reason why I don't want this bill to pass. Because the emotions you feel is called revenge!

Ok explain the following: Peak Gold: http://rawstory.com/2009/11/canadian-gold-mining-group-declares-global-production-terminal-decline/ Running out of gold http://www.businessinsider.com/south-african-gold-reserves-running-dry-2009-11 Gold represents a new currency...