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I'm not trying to diss Hugh Hendry, Makloda. I'm sure he is very intelligent and a great market player as his trackrecord proves. Good for him. Stll, gold outperformed his fund 100% last 10 years? Imagine that. Working 24/7 years in a row to try and create return on investment when...

March 11 09 Buying government bonds, shorting stocks and "can't buy enough dollars". "I dare you to touch an equity today. Tell me you're making money on equities" http://www.cnbc.com/id/29629997 :)

I prefer the Austrian view to Viruses. Let it spread. Do not close down borders. Do not wear mouthmasks. Let the markets decide if it"s a pandemic or not.

The patriotic thing to do.

Come on Makloda, you know how these things go. It's entertainment. If Cramer tells people to buy the banks and they crash he is a puppet. If Hendry tells people to short stocks and it blows up he is early? If Mr Hendry can't deal with that he shouldnt be on TV and he should just...

He said short stocks and after he said it stocks had their biggest multi week rally since 1933. Why can't he just admit he made a bad call?

Milan’s financial police seized 476 million euros ($620 million) of assets belonging to UBS AG, Deutsche Bank AG, JPMorgan Chase & Co. and Depfa Bank Plc as part of a probe into an alleged fraud. The police froze the banks’ stakes in Italian companies, real estate assets and accounts...

Bankers have created a multi quadrillion derivatives shadow banking system that is now exploding and will be tried to be saved by hyperinflating the currency. Something like that probably. You know, like the 'Hank Paulson and other gools from Goldman Sachs have hijacked the US economy'...

It was kind of a (silly) joke that Europe would persue a hard currency policy in times of global currency devaluation obviously. If we can take history as a guide anyway. Still, some kind of exposure to foreign currency could be wise. I read how when FDR devalued the $ and banned gold...

Buy the Euro. Mr Trichet is as hard core hard currency as they come by.

http://video.google.com/videoplay?docid=-2382683217626362775&q=krassimir+petrov Do not Prevent or delay liquidation. Do not re-inflate. Do not support wages. Do not support prices. Do not stimulate consumption. Do not subsidize unemployment. Do not prevent bankruns. Do not disencourage...

So the IMF is gonna sell all of it's gold, the banks are hunkie dorie again, stocks rallying like never before and the G20 gonna save the world. Today gold is +900$. That's some strength I would say.

:p

I'd say the Japanese banking health these days is a best case scenario for banks from the western world in the not to distant future.:)

lol lol lol :D :D :D No it isnt.

Taxes have been 50 % in my country (Belgium) for ages. People don't mind. Country has 300 billion euro debt VS 330 billion euro GDP. That's a tad high. But then again there is more then 400 billion euro in saving accounts alone. People get by ok. The idea of rich people...

Is that cause they have all their money in gold?:)

He said 'I know what the dollar is going to do but I can't tell it on TV'. :confused:

BLSH, wont the hungry mob trash your ride when you take it out on the street? Or do you live in one of those gated communities? Cheers.

USD is good for 60% of world currency reserves. Euro about 25%? If one of them truly totally collapses and keeping in mind Euro zone and US are trading partners n1 the only asset for capital preservation will be precious metals. 1 Euro = 4 dollars or vice versa will never happen ever...