Jamie Dimon’s compensation from JPM is reported to have been $18.7M for 2012; over $51,000 per day including weekends, holidays, and a 29 day February. Broken down to the normal 252 workdays/year it amounts to more than $74,200 per WORKDAY! And that was a $4.4M reduction from 2011 compensation.
Anyone care to defend the old saw "Crime doesn't pay."?
nuf . . .
Any Wheaties still here? Here's an announcement from the SLW website:
"Silver Wheaton will be participating in the PDAC 2013 International Convention and Trade Show. This event is being held March 3-6, 2013, at the South Building of the Metro Toronto Convention Centre, Toronto, Canada. Randy Smallwood, Silver Wheaton's President & CEO will present on Tuesday, March 5 at 2:20 pm EST in room 803AB."
Looks like it won't be on the web, or have phone access.
&%#@# piece of shlt message board!!!
Sentiment: Strong Buy
I would welcome a shutdown of this piece of shlt message board. They have chased off all but a couple of the real contributers anyway, and a full shutdown would force all of us to find a legitimate message center.
nuf . . .
"Keep in mind that Randy Smallwood has stated a goal for zero cash on hand."
Hmmmm... I wonder if he would borrow Ben's helicopters for the dispersion, or use his own.
My plan for both SLW stock, and the metal that I hold is to add to each as I can, and to hold both until I sense that the general public is committed to getting on board an accelerating silver train. At that time I hope to convert those assets to either goods and services, and/or to some different, attractive asset class not yet polluted with herd money.
That is the plan. . . what actually happens will probably be quite different.
Here's the message I found posted on my broker's web site this AM:
"Customer Service Alert
Due to severe weather in the New York area, US equity and option markets will be closed on Monday, October 29, 2012.
The bond market will close early at noon ET.
Day orders will be entered on next available market trading session."
Who can tell me how to monitor SLW activity on the Canadian exchange?
nuf . . .
Well, we were a feisty lot in the late 1700s, but in those times we spent considerable time conversing and reading.
Maybe we could get feisty again if we could unchain ourselves from the advertising/propaganda machine in our living rooms.
nuf . . .
SLW closed above $38 Mar 1, 2012, then never saw $38 again for the next six months.
Sep 13 was its next close above $38, and it has channeled between $38-40 for the last 33 days.
Since 9/13 it closed below $38 one time, and above $40 twice.
Surely it will soon break this $2 channel, and probably to the up side. When it does break out it could be a real knee-slapper of a move. Are you in?
Sentiment: Strong Sell
hapiwondrer: "But it is a fact that governments and central banks are in attack mode on any advance of real money against their counterfeit fiat monopoly money. Their existence depends upon it."
Very well said.
tommiller: "The movie came out last year."
FYI: That was Part I. Movie Part II is due to release in October. The initial plan was to make it a 3 movie series to cover the entire 1000 page book.
Haven't seen Part I yet; reviews were mostly warm.
That's about what the book got from the professional reviewers when it was released over 50 years ago. However, it did well in the market, and it seems to be gaining in popularity now becuase it relates well to our current economic situation.
Forever vigilant for exposed spelling/grammar errors, our resident sniper picked off another. Good kill!
G. Edward Griffin, for those who don't recognize the name, is the author of famous "The Creature from Jekyll Island". That is the story of the shady beginnings to the Federal Reserve System.
hapi: Your response was interesting, but failed to address the question, Is Paper Money Constitutional?
The constitution addresses money, the coining of money, the debasement of money, and counterfeiting money. Does it prohibit fiat money? It seems that citizens, politicians, and judges find different answers according to their own personal bent. Although I tend to agree with Ron Paul that fiat is unconstitutional, I have not seen a definitive answer to the subject.
Do you have that answer?