Search results

What about your FAZ position? What ever happened to that?

$25,000 daily dollar volume? Wow.

That's just ridiculous. According to the artcile, the McAfee guy put a large percentage of his networth into bonds trading at 50% of face value. This was either blind stupidity or blind greed. Both usually don't go unpunished. Not "they" screwed him, he screwed himself. He became a victim of his...

Didn't Lehman "earn" $4.2 billion in 2007? :cool:

Time to move to Spain and take advantage of the looming implosion in consumer prices. I've seen properties that are still still listed for sale at e.g. €2 EUR for rent at €3300 EUR monthly, an astounding price to rent annual ratio of 50.5! Who in their right mind would ever buy properties...

How does a default event in Ukrainian government debt get settled? In car loads of vodka, AK47 guns and women?

Patience = adding to losing short positions as indexes march higher? Because the market "has got it wrong" and everything is a bubble?

ZAR went nowhere over the last 2 months. I'm still down on this pig.

I don't recall Schiff ever pumping the EUR or European stocks? He's in love with CAD/NZD/AUD + the asian currencies & stocks AFAIK.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aWyu1gOpqXQo Metal traders have reported incidents when “a rich man walked into our office and asked us what had been the lowest and highest prices of nickel,” Scotia’s Liu wrote. “After telling him those prices, he said the...

Will Jim Rogers be back on Bloomberg pumping the hell out of SB the second we break through .2475?

I think over the last 20 years, many people have been lured into the "a home is the best investment one can make" myth. Heck if one home is good, why not own three? To me, a home that I live in is consumption, not an investment. It doesn't make me any money, it costs me money. Plus, the...

No. Visa/MC works as intermediaries between cardholders and merchants, facilitating the transactions and charging a processing fee per transaction (and fines for disputes). Visa/MC are not involved in the debt side of the business. If a bank goes bust and has CC debt on their books this means...

Very interesting. Thanks for posting!

Investing most (all) of your liquid net worth in your own investment product.

Im using eSignal data in IB TWS. Works like a charm.

Your point is?

Still arguing how the market must go down because the economy is in the dumpster as you're looking like a deer in the headlights in the process?

No problems at all with IB all day. Europe.

No it doesn't. You are assuming consumers are using 100% of their debt to purchase investment assets. Obviously this is a fallacy.