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  1. peilthetraveler

    How many nukes are we going to let NK build before we take them out?

    North Korea is obviously building these nukes to attack us. Does anyone have any doubt about it? I would rather not wait until they have 1,000 nukes in their arsenal and start shooting them over the ocean at us before we finally do something. I would not normally ever say to drop a nuke on...
  2. peilthetraveler

    Gazprom seals $2.5bn Nigeria deal

    I hope they do a public offering so I can buy some shares of that company. It would be great if i could tell everyone i own a bunch of nigaz. Even better if they paid dividends and I could say "my nigaz works hard to make me money"
  3. peilthetraveler

    Trading tax of .25% on all transactions! Have you seen this?

    Thats insane. Although I just buy and hold for a few months now, back when i was daytrading, I was doing 20 million dollars of trades per month. That tax would've cost me $50,000 per month on top of the 3-4k per month commissions/SEC fees i was already paying! This tax would not stop...
  4. peilthetraveler

    Greenspan on the 90-91 recession. US Is Still in a Severe Credit Crunch

    Also think about all those savers. They will listen to CNN and CNBC and all those networks and say "hey...the news says the recession is over...I'm going to take my lifesavings now and start a business" Then after 6 months and their money is gone and they have no sales, they are back to work...
  5. peilthetraveler

    CA Redemption

    Yeah, sounds like a good idea. Maybe Kim jong il is our lex luther who will launch a nuke into the San Andreas fault. Many will think that Obama is our Superman, but with all his policies toward NK, he is really our Otis. Maybe thats his plan. Does Obama own real estate in Nevada? Is he...
  6. peilthetraveler

    California to default next week!

    Arnold also got his degree in business & economics from University of Wisconson and used the money he won in body building contests to invest in real estate and start a mail order body building equipment company. He was a millionaire by age 22.
  7. peilthetraveler

    JP Morgan Chase Setting Up For Massive Credit Card Default Problem

    Thats nothing...I got a notice the other day in the mail that they are adding Prime rate to my credit card on top of the interest rate. So this means that if interest rates go up people will really be getting screwed.
  8. peilthetraveler

    RIP Michael Jackson

    Nah...not crazy...if you had made 100s of millions of dollars in your life and today at 12:30pm you found out you had spent every last cent you had, then you would die of a heart attack too.
  9. peilthetraveler

    Michael Jackson dies

    There would only be riots if a black man died.
  10. peilthetraveler

    Michael Jackson dies

    Children of the world are safe again! I wonder who will get his money...i mean debt.
  11. peilthetraveler

    silver

    263 pounds for 20 ounces is not a good deal. Silver is 14 bucks per oz right now. I converted your money to dollars and you are paying 21 dollars per oz. So either the guy is trying to rip you off, or you are trying to buy the cutsie fruitsie coins with the little pandas, kangaroos, or koala...
  12. peilthetraveler

    Treasury auction results

    But june 24, 2009 Lorenzo Bini Smaghi, Member of the Executive Board of the ECB in part of his speech he was addressing deflation in the Euro. Here is part of what he said "As the chart (slide 2) indicates, euro area inflation - measured in terms of rate of change of the price level over...
  13. peilthetraveler

    Treasury auction results

    Per Yahoo finance: The auction of $27 billion of 7-year notes completed this week's sales of Treasury coupons, with all three auctions seeing solid demand. Solid demand huh? But when you check to see how many of those bonds were bought by foreign governments, the number is shocking. 2yr...
  14. peilthetraveler

    Chinese official urges buying of gold, U.S. real estate

    China could buy half the worlds Gold with with 2 trillion dollars. I smell the beginnings of a gold bubble! Last one to the party is a rotten egg!!! Or i should say, last one to the party loses their life savings!
  15. peilthetraveler

    US picking up?

    Yeah its hillarious how news people do not understand basic math. Its like...If you are one of those guys that makes 5k per month, but spends 6k per month, right there you are in trouble. If you then lose 6% of your income one month, then another 5% the next month, you are not doing anywhere...
  16. peilthetraveler

    California to default next week!

    Same thing with Obama. But "we" the people do not vote based on whats best for us. We vote on who is most popular. We will vote for the coolest kid in school everytime. We will never vote in the brainiac nerd, because he is smarter than us with all those achievements and, by golly, we dont...
  17. peilthetraveler

    California to default next week!

    Agreed. Thats why you have to at least get some physical silver/gold. Worst that can happen when buying it is that the economy doesnt collapse and you take a small decline in the price of the gold/silver. Best that can happen is you are financially set.
  18. peilthetraveler

    California to default next week!

    They really are sugar coating this financial crisis. Looks like they dont want to call it what it is...a "default" But when you have to issue IOUs because you cant pay, thats exactly what it is...a Default. http://news.yahoo.com/s/nm/20090625/ts_nm/us_california_debt Imagine if...
  19. peilthetraveler

    My TV set became my boss, dictating to me, connected to the whole economy

    RCA isnt american anymore. It was bought by the french and they license the name to anyone. Currently i think the chinese are using it (TCL corporation) now. I think Iran & Saudi arabia is more a trustworthy people than Korea or china as far as their products. I mean their oil has never...
  20. peilthetraveler

    To believe hyperinflation or not.

    Ok, i believe we are heading toward hyperinflation and I know some of you dont believe it. Its funny that this is getting talked about as much as housing was in early 2005. http://www.elitetrader.com/vb/showthread.php?s=&threadid=43224&perpage=6&highlight=housing rolling&pagenumber=1 I...
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