gordon

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    • Sun Nov 16th 11:51 AM | Rating: 0 0
      Commented on:
      Less Negativity, More Inflation
      As Jim Roger said last week, the IMF is selling gold to suppress the price, and he isn't buying. If Trimtabs is right and hedge fund redemptions will be $250 Billion
      between now and year end (after $100Bil in Oct), they will be selling resource
      positions to raise cash, so gold could be pressured, still, right?
      Likewise, the Dollar is being goosed up, not by fundamentals, but flight into
      short-term Treasuries by all this fund liquidation money, and Soverign Wealth
      Funds reportedly are selling US equities into Treasuries also, figuring the gov't
      will always pay it back, even if they print it.
      View article »
    • Sun Nov 16th 11:41 AM | Rating: 0 0
      Commented on:
      Another Look at 3Q 2008 GDP
      The last GDP report showed, again, the US is the largest ARMS DEALER in the world, with a jump by 38% in DEFENSE, primarily weapons aircraft/hardware/secu... etc.
      If you take that out of our exports, what number do you have? Anyone?
      View article »
    • Sun Nov 16th 11:31 AM | Rating: 0 0
      Commented on:
      Bailouts Don't Solve Underlying Problem
      Obama must be STOPPED before any more "stimulus" , especially $600BILLION
      which is being floated! He's made campaign promises. I voted for him but he needs to be reminded the end to Iraq was supposed to pay for his deficit spending, right?
      I say break up the auto makers and sell the parts off to those Toyota, etc who opened
      plants in Tennessee and elsewhere in the US. Try to find jobs them with those viable
      foreign car makers. Face the music, there is not a rathole large enough to bail out
      the "big" three until they retool. Besides, they will time it wrong if oil goes to $50
      and this deflationary spiral takes hold, we won't need 100 mpg autos.
      View article »
    • Sat Sep 20th 20:32 PM | Rating: 0 0
      Commented on:
      It's a Bull Market in Government Intervention
      Paul Krugman says EXACTLY WHAT I TOLD YOU, paying premium prices at Paulson's SOLE DESCRETION.:


      UPDATE (4): Paul Krugman says No Deal. Writing in part about this bail out:

      I hate to say this, but looking at the plan as leaked, I have to say no deal. Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay premium prices for lousy assets.

      As I posted earlier today, it seems all too likely that a “fair price” for mortgage-related assets will still leave much of the financial sector in trouble. And there’s nothing at all in the draft that says what happens next; although I do notice that there’s nothing in the plan requiring Treasury to pay a fair market price. So is the plan to pay premium prices to the most troubled institutions? Or is the hope that restoring liquidity will magically make the problem go away?
      View article »
    • Sat Sep 20th 20:17 PM | Rating: 0 0
      Commented on:
      It's a Bull Market in Government Intervention
      here's the provisions of the bill, with the ALL-EXECUTIVE PAULSON POWER-GRAB! told ya,
      dailykos.com/storyonly...
      View article »
    • Sat Sep 20th 19:59 PM | Rating: 0 0
      Commented on:
      It's a Bull Market in Government Intervention
      We knew money markets were NOT insured, and played by the rules, switching to Treasury Reserve- only funds, you should lose your 1-5% unless the bank pays new insurance! Tonight it's reported Paulson wants sole say in which loans are bought, accountable to nobody else.
      As for restructuring mortgages (once you find them) 60% OF SUBPRIME BORROWERS NEVER MADE THEIR (low-teaser) FIRST PAYMENT!
      What makes you think Paulson won't buy these back at 60%, Then, he sells them to Goldman Sachs @ 33%, that is his plan. He still runs GS, they will transfer this wealth.
      This is classic pillaging under the guise of PANIC; CRISIS! It's the continued POWER GRAB, can't you all see that? Call on officials to put the breaks on, we want DISCLOSURE!
      View article »
    • Fri Sep 19th 13:36 PM | Rating: 0 0
      Commented on:
      It's Rough Out There: How You Can Protect Your Holdings in the Worst Market Since 1974
      No way to gauge this market as gov't intervention dictates all movement, and short-covering gaps in premarket give way to flat to down all day. Dow hit 11,458 50-day brick wall on parabolic move. If in the inverse ETF, you got creamed. I'm in 3-month FDIC CDs and TREASURY-ONLY RESERVE money markets, and sleep well, until the market moves sideways followed by non-short covering investor confirmation moving money back into equities, this isn't for me. The 10-yr back to 3.7% shows money coming out of bonds, but until I see that be the trend, that is, it not falling back to 3.5% next week, now that shorts were burned alive on Quad-Witching Options Expiration, when they needed to tap their cash to buyback stock, I won't be on this corrupt train wreck. Earning 3% FDIC on $500K feels damn good, folks. Enjoy your In'nOut.
      View article »
    • Fri Sep 19th 13:00 PM | Rating: 0 0
      Commented on:
      Toles on Wall Street
      This was engineered on Quad-Witching options expiration to achieve max pain on short-sellers, those who bet right on fundamentals, democracy and free markets be damned, UK says no short selling, period, but won't bailout autos, creditcard bonds, etc, only banks. Are autos, creditcards, student loan collateralizations included in Paulson's cash for toxic bonds? Is that next? The ECB discovered an Australian bank had re-routed toxic auto loans through a subsidary to disguise it as mortgages.
      View article »
    • Fri Sep 19th 12:54 PM | Rating: 0 0
      Commented on:
      Short Selling: The Free Speech of Wall Street
      Data showed after they banned NAKED shorting on 19 financials (because Goldman was being heavily shorted) , IT WAS SHOWN THERE WAS PLENTY OF STOCK TO BORROW (legal shorting) This "all shorting of financials) is a blatant financial fascism, like someone called it, TO RIG THE MARKET POSITIVE, with financials always leading the S&P direction. As they did several months ago, by lowering interest rates in premarket on QUAD-WITCHING, they have engineered the "BANG-FOR-THE-BUC... 6 weeks before an election, simultaneous with McCain taking credit for it on C-SPAN.
      View article »
    • Fri Sep 19th 12:47 PM | Rating: 0 0
      Commented on:
      The VIX and V-Shaped Bottoms
      Lousy charts. What time frame is each square? On your forst chart, you show the date 2007! Hardly professional. Don't you proof read? I would not listen to anything you say, expecially in light of Fed intervention moving the market.
      View article »
    • Tue Sep 9th 11:41 AM | Rating: 0 0
      Commented on:
      The Weekend American Capitalism Died
      good comment, buyit. I guess mortgages left up to the private banks means favoritism rules. Bill Clinton once said you need a new technology every 7 years to create jobs. Building houses w/ zero% real interest rates did the trick. What now? Can alt energy create enough jobs?
      View article »
    • Thu Sep 4th 21:59 PM | Rating: 0 0
      Commented on:
      Sarah Palin: Wall Street's Candidate
      Everyone should read this before believing this Republican PLANT has the first clue of what Palin represents thru her record.
      www.opednews.com/artic...
      View article »
    • Thu Sep 4th 20:40 PM | Rating: 0 0
      Commented on:
      Sarah Palin: Wall Street's Candidate
      You are a Republican PLANT! You don't know what the F your talking about, she used earmarks to build a $15 MIL HOCKEY STADIUM in a town of 8,000 people instead of a water treatment system, this forum has NO CREDIBILITY using it as a MCCAIN PUMP-RAG. You should be ashamed as McCain allowing Rove, using a $250 Mil 529 fund, to degenerate his campaign into a soap opera.
      View article »
    • Sun Aug 31st 18:29 PM | Rating: 0 0
      Commented on:
      Equities: Nightmare on Wall Street?
      The "West" should clampdown on Russia's elite laundering money in offshore accounts? It sounds like you're shooting from the McCain Hip! A Congressional report 2 weeks ago showed that 65% of the US CORPORATE ELITE payed ZERO corporate and Federal income taxes from 1999-2006. In the boom year 2005, 50% PAYED NO TAX. Did anyone on this esteemed blog report this? How many hours did the media cover it? ONE? Tax breaks allow our (patriotic) elite to open a factory abroad and get massive refunds, or open a subsidiary in a tax-free country, ship product there, then sell it back to Americans and PAY NO TAX ON THE PROFIT. How about starting with our own domestic corporate cesspool ?
      View article »
    • Mon Aug 11th 13:52 PM | Rating: 0 0
      Commented on:
      Will the Bear Market Rear Its Head This Week?
      CNBC now flashing "Goldman Sachs Commodities Index enters bear market with drop in oil and gold". Check the weightings and when Paulson manipulated it. Mission Accomplished. Just like 2006 July before Bush re-election.
      View article »
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