hitting another all-time high. Sell AAPL and load up on the only 'protected' sector in the Fed's stock market; FAS. The TBTF banks own their regulator - they sit on the Board of the NY Fed - and they own the Best Congress that Money can Buy.
Doesn't matter. It's just free monopoly money from the Fed. And if the TBTF banks are buying but are wrong, the Fed will make taxpayers cover their bad bets. Nothing to lose.
Why do you think that Buffy gets such a windfall from his insurance company? The rest of his 'investments' are GSEs but his huge insurer and reinsurer are ponzi GSEs. No extremely wealthy citizen has become ultra-rich without the ultimate 'friend-with-benefits', ol' Uncle Sam.
Yes. They can. Buffy's holdings are government-sponsored and subsidized. His TBTF banks are impenetrable and fully backed by the Federal Reserve. His massive insurance holdings default to government payoffs in 'disaster areas', like the $50B(!!!!) gift to Sandy victims. Buffy is a genius. He knows that the best investments are those fully subsidized by the endless flow of free money from taxpayers. The surreal Henry Paulson 'Wells Ruling' and the staggering Netjets 'Security' subsidies are just two examples of the GSE called Berkshire Hathaway.
tinfoil hat off.
Either Goldman's buddies have decided to bear raid LITB to Bk it or one of its biggest shareholders is unloading everything and at least one hedge fund computer program has picked up on it.
as conductors in solar cells and electronics. In addition, "Silverware" is to be replaced by "FRNware" and the former element known as Ag is to be replaced in all chemistry books and Periodic Tables with Ft ("Fiat"); atomic number 0 and atomic weight 0.
Sell AAPL. Buy FAS, the Fed's TBTF Bank ETF. It is the only protected ETF in the world.
4X the value of Hertz, twice as big as UAL. By this metric, TSLA needs to be at least $1,000. I expect multiple 'comparison upgrades' within a week. Or maybe the Superbubble has finally gone parabolic. Probably not as long as the Fed is the prime stock market 'investor'.
None of this matters. We are in the Bernanke Superdebt Superbubble Twilight Zone, where all stocks are measured by a metric that has no definition nor meaning, gold has no value, and 'Fed Balance Sheet' is just 3 words defining meaningless, imaginary 0s amd 1s somewhere on someone's computer.
the computer programs jump on the new high not even knowing what company they are gunning. All they know is that every single short is losing money and the Fed's Free Money Machine will be painful to shorts in ticker U-L-T-A. Isn't "investing" fun in the middle of a Superdebt Superbubble? Right now, computers are fighting each other over an arbitrary number (130). When that breaks we instantly pop +5. If it fails, we instantly drop 5 or more. Welcome to a stock market that has been totally debauched by the Feckless Federal Reserve and its monopoly money "swaps" machine feeding its corrupt owners...the ones that it 'regulates'.
retail. Maybe Goldman will decide to gun it another +20 tomorrow "just for fun", then upgrade ULTA and hold a bear raid to crush the longs.
Is this some kind of scam? I thought it tracked SLV and had real silver in the trust, not "Federal Reserve Swaps & Derivatives". Ag futures are up. SLV is up on light volume. USLV is up on light volume. But PSLV is being sold on extremely heavy volume. Are Central Banksters targeting PSLV? Is JPM shorting it? This is truly bizarre.
LITB stock should be protected by the Chinese Central Bank in our markets just like SBUX and FB stock and especially the TBTF bank stocks and the Dow stocks are protected by the Federal Reserve.
The Fed should NEVER allow the market to be RED. They are asleep at the switch this morning. At least they are holding up their TBTF bank stocks.
Here comes the daily "Europe's Closed" drop off a cliff. The Federal Reserve's target for the VIX is zero. No red days will be allowed in their stock market now that they have become more powerful than any government on earth.
And there is no end in sight. Nasdaq 5000 should be be crossed within a week or so and Nasdaq 10,000 is just around the corner. The Fed has figured out how to make its stock market always go up, and 100 PEs have become 'normal' for tech stocks. "Non-GAAP ex-"Items" " 'earnings' have created an entire new set of magic 'earnings' numbers that look nothing like old-fashioned 'earnings' numbers did. Now you can lose money hand-over-fist but report "Non-GAAP ex-"items" " huge positive numbers.
back-to-school q. Goldman has you shorts trapped and will not let you out easily with their infinite supply of free Fed money.
The "Bernax" are jumping on the bandwagon. Tomorrow Draghi will pump the market to new all-time highs and Goldman will squeeze ULTA even harder.
Guaranteed ETF, backstopped by the taxpayers. Largest holdings are all the TBTF banks that own the Federal Reserve and, get this, are "regulated" by the very same Federal Reserve that they own. Buy the only ETF that owns its regulator.