Archive - 2010 - Blog entry

Send a loud message ...

You know Vesco and Boesky and Keating and Milken,--
Leeson and Mozer and Blankfein and Wiggen,--
But do you recall, the most famous Wall Street gangsta of em all?

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

They support WikiLeaks ... did you know they also support a new 9/11 investigation?

Dear Zero Hedge readers...

Throw this (most likely quite accurate) statement in the middle of the next geeky fanboi argument you come across and watch the sparks fly!

When you are running the World's largest fiat currency system, trust is pretty much all you do have going for you - unless you plan to resort to force, of course.

Brilliant plan, Brilliant!

ToP SeCReT images for the eyes of Zero Hedge readers only...

Recent news this week again proves that bankers are among the largest charlatans in the universe. First Jim Rickards reported that a Swiss bank refused to deliver roughly $40 million of gold bullion to a wealthy client for 30 days. Then James Turk reported that another Swiss bank still has not delivered $550,000 of silver to one of its clients demanding physical delivery for two months now and has repeatedly tried to convince the client to accept the cash value of the silver instead.

Its a new day and age where high barrier to entry business models in media simply don't work. The Magic of the Internet eliminates said barriers. It would behoove those in these shops to come to this realization and truly embrace the magic of distributed computing in lieu of trying to force the genie back into the bottle, replete with all of its accompanying magic.

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

New York State taxpayer-funded contributions to public pensions will "explode" in the next five years, forcing the state to divert resources from other services to meet the obligation. Maybe they can sell more pension obligations bonds to cover these expenses, just like they're now doing in Illinois.

If the shade of Adam Smith were to reappear today, he would be equally disturbed by the failure of the Bowles-Simpson commission to address the issue of war debts dealt.

We should be ecstatic that the Department of Justice is finally prosecuting fraud, right?

Unfortunately, it's just a p.r. stunt going after small fish and leaving the big criminals untouched ...