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One ET member who claimed to be in the know said according to his sources Rogers sold his long oil positions around 130$. Who knows.:D

You mean he was long oil from 10$ a barrel to 150$ a barrel?:eek:

It was capital guaranteed.... By Lehman Brothers. But only in the small print. Otherwise it was guaranteed by C, biggest and safest bank in the world. Your money is safe here. They kept selling it days before Lehman collapsed to grandpa and grandma who trusted their bank foolishly...

The advantage of becoming rich trough trading is you must have some kind of understanding of money and an idea on how to safeguard your capital once you have obtained it. Say you inherit 1 million USD and don't even understand the difference between a stock and a bond you are at the mercy of...

Pension funds will increase gold holdings to acquire “financial insurance,” pushing prices higher as currencies drop, according to Shayne McGuire, director of global research at the Teacher Retirement System of Texas. “I think the largest institutions like our own are realizing that we...

Goldman Sachs and the IMF calculated loses for the financial sector to top 2 trillion USD, Roubini estimated it to be more in the area of 3,5 trillion USD hence his call to really adress the fundamental bankrupt state of the system and fix it to deal with the aftermath later. Can't find the...

He said Goldman Sachs could not survive by itself given the fundamental changes in the market http://dealbook.blogs.nytimes.com/2008/10/10/goldman-sachs-takes-on-dr-doom/ He said oil would fall crash further in november 2008 at the very bottom of the oil market...

Sure but as I said he also advocated the FED to double it's balance sheet even after all the programs where set in motion at the debts of the crisis in 08. When you think of the political backlash the FED encountered now consider their position if they had followed up on Roubini's advice...

The masses always lose so goes the saying. Take the other side and get rich. But people have been saying the $ has been shit for a decade now and rightfully so. Maybe the crowd is right more then people think? Now people say gold is a bubble. Everyone likes gold. You can buy gold...

When you look at Roubini's background: After receiving BA in political economics at Bocconi University and doctorate in international economics at Harvard University, he began academic research and policy making by teaching at Yale while also spending time at the International Monetary Fund...

Percentage wise, how many of the people you know would consider this kind of texts to be conspiracy nonsense by some terrorist loving slacker living in his mothers basement?:

You say GS might have survived without any government help for any their weaker peers. The GS CEO says no chance in hell. Who to believe.... :confused: But you are right indeed, what the **** do these guys know. In the same interview Blankfein said he isnt bullish on gold...

BULLSHIT. Blankfein: WE CAN NOT LIVE WITHOUT A HEALTHY SYSTEM. In the days after the collapse of Lehman Brothers, when everyone was panicking, we received $5 billion from Warren Buffett and then raised $5 billion from public equity investors. But, we couldn't make ourselves healthier than the...

Soros said the same in his latest interview. http://www.ft.com/cms/s/0/79edee04-c00a-11de-aed2-00144feab49a.html?nclick_check=1 Despite his reputation of bloodsucker I like listening to Soros. He rarely talks in dogma's which is a change from most of his peers. You wouldnt have any...

Oops. Try this one.:D The Dollar is now collapsing http://www.youtube.com/watch?v=NHyq-I7ep2w

It always boggles my mind how you can be in favor of manipulation on the left hand but frown upon manipulation on the right hand. On Asian Central banks intervening to support the USD a few weeks ago Roubini has no opinion but when it comes to the crowded oil trade action must be taken...

He said the same thing when gold was at 700$.

http://www.youtube.com/watch?v=sjbgdg2_7XI Buy gold...:p

Thought about it and here is my take. If there is something like Peak oil, sure oil stocks are a good bet but.... Nationalisation of oil reserves could be the logical outcome and that leaves you where? It's a matter of national safety obviously. Do own COS.UN.:)

You have a great pen, BLSH.