I STRONGLY SUSPECT THAT GERMANS ARE A LOT SMARTER THAN YOU RIGHT WINGERS GIVE THEM CREDIT FOR!!! They may well have good reason to dislike the way the United States handles the world's and its own economy, including that trivial gold thing... BUT THERE IS NO WAY ON GOD'S GREEN EARTH THAT THE GERMAN'S WOULD ALIGN THEMSELVES WITH RUSSIA AND CHINA.... unless things got so bad that they HAD to do so just to survive!!!
HE SHORTED 10,000 SHARES AT 18 AND A QUARTER AND ON 70% MARGIN, SO NOW HIS FORTUNE HAS EVAPORATED. ALL YOU LONGS JUST WOULD NOT LISTEN TO HIS CONSTANT BASHING, AND WOULD NOT GO SHORT WITH HIM, SO NOW HE IS BROKE... but getting the last laugh! He is living on food stamps and rent subsidies and welfare, and getting almost as much as kids working at McDonalds' and single moms working at Wal-Mart! HMMMM. I know of a LOT of Republicans who I wish would meet that same fate... they always bash poor people for living off the government... IF THEY HAD TO LIVE AT GOVERNMENT EXPENSE, they would realize real soon just how stupid it is for Republicans to be jealous of poor people and the stingy government assistance that they get!!!
SO... YOU ARE TELLING US THAT YOU BOUGHT AT THE TOP... ON MARGIN... AND HAVE BEEN HOLDING ALL THE WAY DOWN... RIGHT??? Smart boy!!! Too bad that you did not even sell any calls or buy any puts to at least hedge the whole deal! But I guess it would be hard to sell calls on your 5 shares of SLW!!!
NAW... THEY PAY THESE GUYS ONE ZIMBABWEAN SHILLING FOR EACH POST THEY MAKE... AT THAT RATE...IF THIS GHOST FELLOW KEEPS PUMPING OUT 200 POSTS PER DAY, HE OUGHT TO EARN ALMOST 5 CENTS AMERICAN WITHIN 3 YEARS OR SO! But after his Nigerian bosses and managers hold out their cut, he will owe them about $ 5,000 USD... HE DID NOT READ THE CONTRACT VERY CLOSELY... so he does not know about THAT part of the deal... YET!
POOR REINHOLDGERST... trying to single handedly hold back the massive tides of history and global culture... just so his short position will not get hammered even more!!!
WHAT... THEY LET THIS PASCUA DIMWIT OUT OF HIS CAGE AGAIN??.. Dang Republicans NEED to stop cutting the zoos budget all the time... they can't afford to keep all the chimps in their cages anymore!!!
replying only to bring this idiots posts to the top of the board, so we can all enjoy watching this short get roasted, and so he cant hide behind a LONG list of his stupid posts. MAYBE IF WE RUB HIS FACE IN HIS CONSTANT STREAM OF BS, HE WILL GROW UP AND STOP THINKING LIKE A 3 YEAR OLD!!! doubtful, but worth a try!
replying only to bring this idiots posts to the top of the board, so we can all enjoy watching this short get roasted, and so he cant hide behind a LONG list of his stupid posts
shorts getting roasted... gotta love it!!!
IF YOU CAN GET IT UNDER 5 BUCKS A SHARE... LOAD UP THE TRUCK!!! I should have done that 5 years ago, when it got down to 3 or 4 dollars a share... but dang it... I didn't! HAPPY NEW YEAR, ALL! Here's hoping Silver Wheaton doubles this year... or at least stops falling!!!
THE ENERGY SCENE, ESPECIALLY OIL AND RELATED, is something I have been following fairly closely for about 35 years... so I will let you in on a BIG secret... the Republican view of energy issues... like the Republican view of most issues... is pretty much total baloney! As every honest economist knows, the economy ALWAYS tanks when Republicans take control of the country.., and the more control they have, the bigger the tank... the last economic crisis and the painfully slow recovery from it being just YET ANOTHER example of that! THE REPUBLICAN FANTASIES ABOUT OUR ENERGY SITUATION IS TRULY DANGEROUS... and it will likely take a few years to realize it, BUT we face the worst energy crisis is all of American history... MUCH WORSE THAN THE 1970'S NIGHTMARE... probably by 2020 or 2025 at the latest! WHY??? Because the United States, just like nearly all of the rest of the world, is HEAVILY dependent on cheap conventionally produced oil...GLOBAL SUPPLIES OF WHICH ARE DEPLETING AT MORE THAN 4% PER YEAR!!! That is HUGE!!! What that means is that a larger and larger share of the world's oil supplies are coming from non-conventional sources... biofuels and natural gas liquids and oil and tar sands and coal seam gas and, lately, from shale gasses and oils!!! MOST REPORTS OF OIL SUPPLIES DO NOT EVEN HINT THAT THIS IS THE CASE...JUST LOOKING AT MOST CHARTS AND GRAPHS AND TABLES, YOU WOULD NEVER KNOW THAT CONVENTIONAL SUPPLIES OIL ARE DECLINING RAPIDLY, AND THAT NON CONVENTIONAL SOURCES HAVE BEEN MAKING UP THE DIFFERENCE, AND SUPPLYING ALL OF THE GROWTH IN SUPPLIES!!! Non conventional sources are non conventional for a reason... they are generally MUCH more expensive than conventional oil and gas...AND ARE MOSTLY LIMITED IN SUPPLY BY A VARIETY OF FACTORS!!! For example, it very unlikely that we will produce much more ethanol in the future, for a variety of reasons! AS FOR THE HUGE INCREASE IN SHALE OILS AND GASSES, THESE DEPLETE SO FAST THAT NEW WELLS CAN HARDLY KEEP
THE RICH THINK VERY DIFFERENTLY ABOUT MONEY AND WEALTH THAN US AVERAGE SCHMUCKS DO...which is why THEY are rich... and WE are not! Of course, IT TAKES MONEY TO MAKE MONEY... and THAT is probably the REAL reason why the rich are rich... Republican baloney about hard work and being smart just clouds the issue!!!
I HAVE A FAIRLY MAJOR HOLDING OF SLW because I think it is the best way to own silver and gold... EXCEPT FOR HOLDING THE ACTUAL STUFF. My view of precious metals is that they are a proxy for oil... which in the long run is going to start going up... and up... and up! JUST READ A GOOD ESSAY ABOUT PEAK OIL... the best guess is that we hit true peak oil in 2008... and that by 2030, we will be long past that peak... and very possibly by 2020, we will have begun to get hit by the consequences of peak oil... STEADILY RISING OIL PRICES, AND MASSIVE ECONOMIC IMPACTS OF THAT!!! The article... published in the Manchester Guardian...THEIR ONLINE NEWS FEED IS VERY GOOD.. basically notes that conventional oil supplies peaked at least 5 years ago, and that non conventional sources have been keeping oil supplies from plummeting... BUT THOSE NON CONVENTIONAL SUPPLIES ARE LIMITED FOR A NUMBER OF REASONS!!! So, from what YOU have said... I would suggest that your girlfriend not only keep her gold fund...BUT ADD SIGNIFICANTLY TO IT IF PRICES KEEP FALLING!!!
Yeah.. we should keep on top military brass even if they have been caught committing fraud and theft and other such criminal activities... oleBush would not have gotten rid of such people... he would have promoted them and sent them to the Middle East to screw up that region even more than Bush and friends had already screwed it up!!!
I ONLY FOLLOW GOOGLE OUT OF CURIOSITY... the stock is WAY to expensive for me to play... BUT, YESTERDAY I NOTICED THE OCTOBER CALLS AT $ 1,000 WERE SELLING FOR 15 CENTS... SO I BOUGHT 100 OF THEM... TOTAL COST $ 1632 WITH COMMISSIONS... I sold them this morning at $ 3.20 and collected $ 31,868, counting commision costs... THAT IS $ 19.52 FOR EVERY DOLLAR INVESTED.... AND NOW I CAN AFFORD TO BUY 30 WHOLE SHARES OF GOOGLE... but I think I will play things safe, but keep my eyes open for similar miracles! I JUST MADE 3 TIMES MY ENTIRE ANNUAL INCOME.. FROM SOCIAL SECURITY... OVER NIGHT... but NOW I will have a WHOPPING tax bill... BUT SINCE I AM NOT A WHINY, SELFISH, GREEDY REPUBLICAN, I HAVE NO COMPLAINTS!!! With a little luck... I can run up my tax bill a LOT more by making a small fortune in the stock and options market... NOW THAT I HAVE REAL MONEY TO WORK WITH!!! And in my LONG experience, having REAL money to work with is BY FAR the most important requisite for economic success!!! Most people work themselves to death for NOTHING!!! We call those people Democrats and Liberals! Then there are the Republicans, for whom my over night success would be just another day at the office... or, more likely... just another evening at the golf course and a night out on the town with some high priced #$%$... AND IF I WERE A REPUBLICAN, I WOULD BE HERE BRAGGING ABOUT MY GENIUS... AND BAD MOUTHING ABOUT HOW LAZY ALL THOSE LIBERAL FACTORY AND CONSTRUCTION AND MINE AND TIMBER WORKERS ARE!!! Jerk Republicans!!!
THAT WHOLE DINAR REVALUATION THING IS JUST A SCAM THAT HAS BEEN FLOATING AROUND FOR AT LEAST THE LAST 8 TO 10 YEARS. I have an idiot brother who bought thousands of dollars worth of Dinars, and got others to do the same, and now those bills are worthless because the Iraqi Government is no longer the same government that issued those now worthless old dinars!!! THE SCAM IS... YOU BUY THE OLD DINARS FROM SOME PEOPLE WHO BOUGHT THEM UP BY THE TRUCKLOAD, FOR ALMOST NOTHING, AFTER SADDAM HUSSEIN WAS RUN OUT OF OFFICE AND HIS GOVERNMENT DISAPPEARED... AND HIS ISSUE OF DIANR BECAME TOTALLY WORTHLESS, EXCEPT AS SOUVENIERS (sp)!!! Those scamsters keep urging people to buy more, more, more, because the revaluation is going to happen any day now... AND HAS BEEN GOING TO HAPPEN ANY DAY NOW FOR THE LAST 8 YEARS OR SO!!! This whole scam works almost exactly like stock pump and dump schemes! A COUPLE OF GUYS ISSUE TENS OF MILLIONS OF SHARES OF STOCK, WHICH COSTS THEM A FEW THOUSAND OR TENS OF THOUSANDS OF DOLLARS.. THEN THEY HYPE THE STOCK AND SELL IT FOR WHATEVER THEY CAN GET... NEARLY ALL OF WHICH IS PURE PROFIT... THEN THEY REISSUE EVEN MORE STOCK, HYPE IT SOME MORE, AND THEN SELL IT AGAIN... THEN THEY CHANGE THE NAME OF THE COMPANY AND DO THE SAME THING OVER, AND OVER, AND OVER, AGAIN. Once in a while, the SEC steps in and busts up the scam, but often, these scams float around for years, JUST LIKE THE IRAQI DINAR NONSENSE!!!
AT THE END OF 1998, OIL PRICES DIPPED BRIEFLY BELOW $10 A BARREL... LESS THAN 10 YEARS LATER, THEY PEAKED AT $147 A BARREL..... WHAT HAPPENED TO DEMAND AS OIL PRICES ROSE?? DID DEMAND PLUMMET AS EXT4R SUGGESTS WOULD HAPPEN??? no... demand went UP, rather dramatically, as it turns out. High prices WOULD kill demand... but HIGH is a relative term. For us rich Americans... tens of millions of whom drive fancy high powered gas guzzlers... oil at $500 a barrel would likely be a truly high price that would kill demand...FOR MOST OF THE PEOPLE ON eARTH, WHO CAN VBARELY AFFORD A QUART OF KEROSENE FOR LIGHTS OR FOR THEIR COOK STOVES, AN EXTRA 25 CENTS A QUART WOULD BE A DISASTER.... but just another of many disasters. As rich people drive prices for everything ever higher, the low income peoples of the world, and of America, just have to make do. FOR THE RICH, PRICE IS NO OBJECT... AND SINCE THEY USE MOST OF THE OIL AND OTHER CRITICAL RESOURCES, WE CAN EXPECT DEMAND TO KEEP RISING, RIGHT ALONG WITH DEMAND, UNTIL PRICES GET REALLY AND TRULY HIGH... because the world really is running out of oil.
LOOSE LIPS SINK SHIPS... It is pretty rare for military personnel to have any clear idea of where they are going to be deployed, and for what specific purposes... and mostly, those who DO know would never tell anyone. They could get in very serious trouble if they did, and rightfully so. I suspect, that any given time, we have at least a half dozen subs in and around the Middle East. Your cousin is most likely on a boat that is going to relieve another boat. BUT, sailors like to talk, just like soldiers and marines and little old ladies.
Occasionally, I will take a chance on VXX, BUT it is like an option nearing expiration... it tends to have VERY STEEP time decay, so it is only profitable if you buy it at the right time, and hold it only for a few hours. I have held it over night, BUT it scares me to do so, because it can lose so much value in just a few hours. HOWEVER... I bought into VXX today, and am holding it overnight because it does seem to have flat lined just above 18 for the last week or so... even though the market has SOARED in the last week. EITHER THE NORMAL CONTANGO IS NOT AT WORK HERE.. ALMOST CERTAINLY A TEMPORARY THING... OR THERE ARE A LOT OF HOLDERS THAT SIMPLY WILL NOT SELL, IN ANTICIPATION OF A SIGNIFICANT MARKET CORRECTION. In either case, this is surely a very temporary phenomonon, and when the contango thing returns.. AND/OR when VXX holders give up in the face of an insanely over enthusiastic market, VXX will surely plunge MUCH more than it normally would. SO... YES... RIGHT NOW, THIS IS A NO LOSE BET... IF THE MARKET DROPS, VXX WILL RISE... IF THE MARKET RISES, VXX WILL NOT DROP MUCH... BUT IF VXX STARTS DROPPING... GET OUT IMMEDIATELY, BECAUSE IT WILL LIKELY FALL RAPIDLY FOR AT LEAST ONE OR SEVERAL DAYS... WHETHER THE MARKET IS CLIMBING OR NOT.
YEAH... BUY IT AND PRETTY SOON YOU WILL BE SCREAMING... the pain... the pain.