The payback party has caught most people off guard. Tonight, even Citibank $c has joined the party . I have run a hedge fund since 1998 so NOTHING surprises me anymore. I have long titled this rally/upside crash ‘The Inconceivable Rally .’
It was fun calling for the end of the world and it was definitely trendy. The problem for the bears is they are insane. You can definitely predict the demise of a company, industry, even country, but the world…?
I have been pitched countless ideas for stock market games over the years and have always turned them down. There is now a board game at Walmart $wmt and it will fail badly. Tonight’s repayment of Dubai loans by Abu Dhabi of a mere $10 billion reminds me why…The Stock Market ‘IS’ the game.
When I was a kid I watched The Flinstones who lived in Bedrock. I loved Barney and Fred. They wore fur.
Today, there is a city/country underwater in the desert that is broke, whose inhabitants wear sheets. That city received $10 billion tonight. The joke is on the shorts.
The Abu Dhabi, Dubai, Yabba Dabba Doo bottom.
The Flinstones had KAZOO. The US has Greenspan and Bernacke. The world has a coordinated effort to reflate.
Gold has no cash flow, but the tremendous cash flow created by finding it and digging it out of the ground. Gold is at $1100, but likely will look cheap a few years out. I don’t know why. Just a feeling.
If you are not following and honoring price, you better be an insider, have deep pockets, a high tolerance for pain or lazy investors.
We should see green martians soon. They may just ring the opening bell at The Nasdaq.
PS – Greenspan definitely has his hand on Cramer’s thigh and congrats to Jack Damn for my fave headline ‘The Hairless Recovery’
PSS – I really WAS stuck in an elevator.
Among the finest things in life,
a good marriage
is the most satisfying and rewarding,
the deepest and best of pleasures.
That blessed relationship
uplifts, enriches, encourages
and strengthens both husband and wife.
A loving marriage
Among the finest things in life,
a good marriage
is the most satisfying and rewarding,
the deepest and best of pleasures.
That blessed relationship
uplifts, enriches, encourages
and strengthens both husband and wife.
A loving marriage
Among the finest things in life,
a good marriage
is the most satisfying and rewarding,
the deepest and best of pleasures.
That blessed relationship
uplifts, enriches, encourages
and strengthens both husband and wife.
A loving marriage
There are also some additional facts that are related to the stock market trade profit facts
There are also some additional facts that are related to the stock market trade profit facts
It is definitely a game. Seeing how quickly everything has been reflated has been pretty amazing, especially given jobless rates. Seeing the abandoned cars in the Dubai airport parking lot should have been a sign that the construction and tourism industry over there was not quite what we all thought it was.
It is definitely a game. Seeing how quickly everything has been reflated has been pretty amazing, especially given jobless rates. Seeing the abandoned cars in the Dubai airport parking lot should have been a sign that the construction and tourism industry over there was not quite what we all thought it was.
if gold is rallying, its a bear market for the world. maybe not for certain casinos, but for real world producitivity/economics, gold rally = bear. because in reality gold doesn't rally, it's more like everything else falls against it.
predicting the end of the world is easy; the big picture is easy to see and can be seen a mile away, it's the small details that are impossible to predict.
The free lunch can only last for so long, eventually we’ll have to pay the piper for the reckless decisions of our government. And I think that until the govt addresses the basic structural problems in our financial system of too much debt, we will not have a sustainable recovery. So while the stock market can stay irrational in the shorter term, in the long run I believe it will go back to reflecting the fundamentals of our boom and bust economy. And that’s why I continue to feel that for long term investors a better portfolio allocation is in cash and gold. I think the gold price will continue to rise due to a lack of faith in central banks’ policies and in fiat currencies. I recently read a good article on this topic called Gold Price Wobbles Under $1,130 But U.S. Dollar Future Bleak, which discusses the relationship between the dollar, the gold price, and gold mining companies as a result of the Federal Reserve’s monetary policies. I thought it was especially helpful for investors to read to get a better sense of the relationship between these asset classes given all the uncertainty in the economy.
The free lunch can only last for so long, eventually we'll have to pay the piper for the reckless decisions of our government. And I think that until the govt addresses the basic structural problems in our financial system of too much debt, we will not have a sustainable recovery. So while the stock market can stay irrational in the shorter term, in the long run I believe it will go back to reflecting the fundamentals of our boom and bust economy. And that's why I continue to feel that for long term investors a better portfolio allocation is in cash and gold. I think the gold price will continue to rise due to a lack of faith in central banks' policies and in fiat currencies. I recently read a good article on this topic called Gold Price Wobbles Under $1,130 But U.S. Dollar Future Bleak, which discusses the relationship between the dollar, the gold price, and gold mining companies as a result of the Federal Reserve's monetary policies. I thought it was especially helpful for investors to read to get a better sense of the relationship between these asset classes given all the uncertainty in the economy.
if gold is rallying, its a bear market for the world. maybe not for certain casinos, but for real world producitivity/economics, gold rally = bear. because in reality gold doesn’t rally, it’s more like everything else falls against it.
predicting the end of the world is easy; the big picture is easy to see and can be seen a mile away, it’s the small details that are impossible to predict.
if gold is rallying, its a bear market for the world. maybe not for certain casinos, but for real world producitivity/economics, gold rally = bear. because in reality gold doesn't rally, it's more like everything else falls against it.
predicting the end of the world is easy; the big picture is easy to see and can be seen a mile away, it's the small details that are impossible to predict.
The free lunch can only last for so long, eventually we'll have to pay the piper for the reckless decisions of our government. And I think that until the govt addresses the basic structural problems in our financial system of too much debt, we will not have a sustainable recovery. So while the stock market can stay irrational in the shorter term, in the long run I believe it will go back to reflecting the fundamentals of our boom and bust economy. And that's why I continue to feel that for long term investors a better portfolio allocation is in cash and gold. I think the gold price will continue to rise due to a lack of faith in central banks' policies and in fiat currencies. I recently read a good article on this topic called Gold Price Wobbles Under $1,130 But U.S. Dollar Future Bleak, which discusses the relationship between the dollar, the gold price, and gold mining companies as a result of the Federal Reserve's monetary policies. I thought it was especially helpful for investors to read to get a better sense of the relationship between these asset classes given all the uncertainty in the economy.
When can I buy stock if I am in bankruptcy? Please help
When can I buy stock if I am in bankruptcy? Please help