Archive - May 28, 2010 - Blog entry
BP Suspends "Top Kill" For Second Time After Trying Two Junk Shots. Less Than 10% of Injection Fluids are Staying Inside the Leaking Pipes
Submitted by George Washington on 05/28/2010 15:44 -0500There is so much misinformation being flung around, that - as a public service - I will continue broadcasting the real scoop ...
The U.S. Government Bond Bubble
Submitted by Expected Returns on 05/28/2010 15:28 -0500What follows will read like an indictment on our entire economic system. But underlying my (relatively mild) harangue is an observation that people are ignoring the most obvious bubble out there; that is, the bubble in U.S. government bonds. The following is my attempt to figure out why.
Why I’m Not Buying Google on this Dip.
Submitted by madhedgefundtrader on 05/28/2010 08:26 -0500Don’t kid yourself, Google didn’t leave China, it was booted out. Blame Sergei. Google is increasingly being priced like a public utility it has become, not the hyper growth super nova it once was. Investors are growing less tolerant of the firm’s quixotic forays into other money losing business. Did I mention that they have a space program? (GOOG), (BIDU).
The Force Is No Longer With This One… As a Matter of Fact, They May Be Seeking Protection…
Submitted by Reggie Middleton on 05/28/2010 07:32 -0500At the request of one of our Professional Subscribers, we performed a preliminary analysis of Force Protection, Inc. While it doesn’t suit our needs, I have decided to put the summary out in the public domain. This company is a text book business failure waiting to happen, and is a monument to the consequences of not diversifying your revenue stream.
Marc Faber: Make Money on Stocks Volatility While Holding Physical Gold
Submitted by asiablues on 05/28/2010 07:17 -0500Faber's latest market call in a Bloomberg interview on May 24, plus my comment and a technical look of the SPX and gold.
BP Using 30 Year-Old Playbook in Responding to Oil Spill?
Submitted by George Washington on 05/28/2010 04:10 -0500Operation SOMBRERO ??!!
Delaying College in Today's Economy is a Smart Choice
Submitted by smartknowledgeu on 05/28/2010 01:29 -0500Since college students are already likely to end up living back at home with their parents after they graduate as the job horizon will appear no better in four years than it is today, why not spend that time immersed in self-education of how the financial and monetary systems really work? In the process, students will save their parents hundreds of thousands of dollars in tuition and save themselves the ignoble fate of being a sheep led to the slaughter by banking shills like Joseph Stiglitz, Paul Krugman and Jeffrey Sachs.
Top Bond Vigilante: Fiscal Austerity May Not Work
Submitted by George Washington on 05/28/2010 01:10 -0500So what will work?
"Top Kill" Has Failed
Submitted by George Washington on 05/28/2010 00:19 -0500They're already talking about the next approach ....
