Search results

Philly bank index down 1.85% on my screen. Relative strength compared to rest of the market.

Nice knowin' ya

If you're 80% in cash there's little you should be worried about right now (except for your broker or bank going bust!). Just let things play out.

Remember how Paulson was saying they "won't bail out hedge funds"? I read an article the other day this might have been directed at Citadel's Griffin.

So where's Tice. No new target? Can't have a tradable bottom before this guy doesn't declare victory and lowers his target. :cool:

One could add the Mexican Peso to the currency list.

How many short vol put sellers blew up in Oct? Mayhem.

ESTX50 and DAX down -10%. Not bad!

Boy, thank God they didn't waste precious tax payers money on trying to bail out Lehman!

Great quotes otherwise, but the above has to be completely wrong: 1956–1969 Buffett Partnership, Ltd., Omaha - General Partner 1970–Present Berkshire Hathaway Inc, Omaha - Chairman, CEO

Excellent points. I saw an interview with the CEO of AngloGold Ashanti on Bloomberg a couple months ago (I believe it was in August) and he said that a third of their competitors start to make losses when gold drops below $800, as the cost of producing an ounce of gold has doubled over the last...

If you read carefully, I wasn't talking about resolving a recession slower or faster. Solving what merely would be a another regular recession is irrelevant to me. My point is if the government should get involved if it feels the national (or global) financial system is deteriorating beyond a...

From what I gathered in all these Rogers interviews he proposals include a) Dissolve the Federal Reserve with immediate effect. Bernanke should resign. b) If a bank or any other company fails, so be it. No bailouts, ever. This would help "clear out the system" asap so "we can start with a...

He said in the article he is not picking a bottom and there is a good chance stocks will drift lower over the intermediate term. It's not like he was trying to nail the bottom tick.

LOL that's a great video. Rogers finally gets called on his "Just let all the banks fail, stop bailing them out" BS and then the next second says the "the Great Depressoin was caused by bank runs where people pulled all their deposits from banks". What a tool.

Commodity stocks tend to lead their underlying commodities. If the stocks are trading down to 2006 level then Gold futures (in the mind of the stock investors) will follow down to 2006 levels in the coming months.

Post the screenshot of your short position or STFU.

Didn't Peter Schiff and Jim Rogers say the USD will goto zero? How the EUR, CHF, CAD and AUD are so much superior? :cool:

Yawn.

He means you won't get a work permit under the lump sum taxation regime in Switzerland.