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Mervyn King May 2008: Maybe the Bundesbank clowns in the ECB are next turning their heads from their "We won't cut below 2%" promise.

I wonder if he ever told them to get back in after the crash? :cool:

Yes, very possible. Actually very reasonable. Remember one thing though. Averaging 20% could mean annual returns of 38%,-2%,11%,29% over a 4 year period. How do you survive years 2 and 3 without touching your principal. What if you have a 20% drawdown? Things to consider...

Merckle is a family business man and investor that turned into a super-leveraged speculator (or was exposed as being one by the markets) and blew up. From what I understand he used his own money (and loans collateralize by his assets) though; he didn't burn through money of investors. Madoff...

THANK YOU!!!! WELCOME!!! How are those price targets doing???

Damn. http://www.bloomberg.com/apps/news?pid=20601087&sid=ao_E2.GY3YLE Jan. 6 (Bloomberg) -- German billionaire Adolf Merckle, whose investment company was renegotiating its bank debt, died after he was hit by a train and may have committed suicide, Die Welt reported. Merckle was...

My dogs (short), most of them rallying against me viciously during the last 10 trading days. "...party like it's 2003" --Prince VRSN XCO HOLX TAC TXT PXD CPN LUK RRI CCO SLM CCI MGM RJF SBAC BWA WY SHLD JOE MHK

This must be one of the dumbest and most misinformed articles I have read in a while. Time Magazine has hit a new low.

The best "trade" of his entire lifetime was probably quitting his hedge fund in 2000. This guy rode up a historic rally all the way to the top and managed to get out at the top, (allegedly) putting the majority of his net worth into muni bonds. A real achievement. He would have been eaten...

Both are equally good. CHF is backed with Nazi gold :cool:

Take out debt. The best way to capitalize on hyperinflation is owing money to some poor son of a bitch that you pay back a fixed interest amount.

Excellent trading. We're in a recession, there is simply no way you can lose money with these double and triple short ETFs in a recession. In fact, they're like free money.

NASDAQ:IRET Long term chart looks like its one of the "safer" REITs. Not sure about balance sheet quality.

I don't think anybody could point you to a REIT or any other stock for that matter where it's clear it won't continue to fall.

What percentage of Gold is used in Jewellery, Industry and Investment? Around 70% of gold demand is jewelery, 11% is industrial (dental, electronics) and 13% is investment (institutional and individual, bars & coins)...

http://www.google.com/search?q=Refcontrol+wsj&ie=UTF-8

http://beta.eset.com/ ESET smart security 4 Beta. Free until March 2009. Running it since November and very happy with it.

Let's put it this way: With IB's margin requirements it will take you 6 months instead of 1 month before you blow up.

ZB futures.

No proof needed buddy, it's just an opinion. Look up the high yield bond spreads, CDS spreads and LIBOR charts following September 15 (Lehman failure) and March 17 (Bear Stearns bailout). It tells a "story", but I agree it's not scientific proof.