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What? Aren't banks <i>supposed</i> to borrow funds at 11% interest, in order to lend it back out at 6% to 9%? Sounds like a great business model to me!

I wonder if that's why the futures just popped up like a balloon underwater. I can't find any other reason.

Even if the bull market is over (and like I said last week, this is indeed the toppiest looking market I've seen in years), once we're done testing the August lows we'll almost certainly rally back up above 1520 (spooz), to form the right shoulder. Triple tops are FAR more common than the...

The point is to look at each individual's abilities, judge them as an individual (and not as a 'representative' of some collective group), and leave it at that. There's no good reason to divide everyone into racial groups and then measure the intellectual capabilities of one collective group...

=The only post here that makes any sense!

When was the last time we had two separate high-VIX panicky dips within a four month time span? Anyone? Anyone? Bueller? The answer: This is the very first time it's happened since the 2000 top. I <i>had</i> been bullish on U.S. equities for years, and this week I finally switched my bias to...

The Swiss Franc <i>was</i> partially (40%) backed by gold reserves until 2000, when it unfortunately became 100% fiat like every other currency in the world.

So basically, the U.S. Dollar is backed up by the exact same things as the Weimar Republic Reichsmark? Ok, in that case I'm not worried.

"What is a Dollar?" I think recent events have made the answer pretty clear. ____________________________________________

Government bonds will NEVER default! The gov't owes these bondholders <b>dollars</b>, not <b>money</b>. The printing presses will still work just fine, no matter how weak the economy & dollar become. I made a post last year that many of you didn't really understand. I think it'll be far...

Scooter... guilty? Not necessarily at all. I'd think <i>you</i> would be able to recognize that it's far more likely that Scooter was just the designated fall guy/sacrificial goat.

This isn't the same situation, IMO. Last year, I dumped my oil long right before a sharp decline because it just seemed like EVERYONE was long oil and NO-ONE wanted to be on the other side. With gold today, you can see from this thread alone that the prevailing sentiment is quite mixed. BTW...

I'm sure if you criticized China without sounding like a total racist skinhead, ET would leave your posts alone.

I'm sure that having a golden vagina is great and all, but I highly doubt this is the main reason she became so wealthy. I mean, think about it: Back then, gold was only worth like $350/troy ounce... and how much bullion could possibly be contained in one human pussy? I mean, even if she was...

If your friend now decides to hedge himself on www.intrade.com , he's nearly doubled his money, 100% risk free. OOOOPS! :eek: On the above mentioned site, Hill-Dog has been given a 47% chance of winning, so risking $47 betting on Hillary to win would pay out $53 in profit. On the other...

All I see is a nice buyable dip in a raging bull market. East-Asians love to hoard their gold bullion, so I don't see gold weakening much at all until the Asian Tiger quits roaring.

I do that like a hundred times per day- Very standard stuff.

I know it's a long shot, but if Ron Paul succeeds in his mission to restore freedom to America, this nation will once again be worth fighting for.

I can bring you up to speed on this: Before 9/11, Bin Laden's terror gang was simply called "Bin Laden's group". For some petty legal reason, before launching the 'War on Terror', the U.S. government needed to pin a 'real name' on this terror group- "Bin Laden's group" wasn't deemed...

You're saying Bin Laden founded his terrorist group AFTER 9/11?! So much foolishness in one little thread...