Archive - Jan 25, 2011 - Blog entry
OFFiCiaL BeRNaNKe ReBuTTLe To POTUS
Submitted by williambanzai7 on 01/25/2011 23:59 -0500Source: Banzai7 News
SEC Probes Illinois Pension Statements
Submitted by Leo Kolivakis on 01/25/2011 23:51 -0500The SEC is conducting an inquiry into Illinois' projected pension savings and looking into California's as well...
Inflationary Tuesday: Record Earnings Based on Record BS
Submitted by Phoenix Capital Research on 01/25/2011 21:30 -0500Let’s say that your rainy day jar contains $10,000 to cover any unforeseen problems. Now let’s say that one day I decide that I only need $5,000 to cover unforeseen expenses. Does this random mental calculation mean I’ve made more money and need to report $5,000 more on my tax return that year? NOPE. However, this is exactly how GE, JP Morgan, and Citigroup generated their “stellar” earnings.
Lies, Damn Lies, & Statistics, or: Things That Weren't The Cause of The Financial Crisis
Submitted by Anal_yst on 01/25/2011 17:30 -0500Ever heard the joke "How many European Economists does it take to come to the wrong conclusion about the cause(s) of the American housing crisis?" No? Really? Well, anyway, the answer, it seems, is three:
Dow 12,000 Welcomes Top 0.1% to Davos!
Submitted by ilene on 01/25/2011 13:51 -0500The event is “chasing successful people who want to be seen with other successful people. That’s the game.”
Tradable Fraud, Goldman's Facebook Deal, Phantom Bank Earnings & What Happens When Its The Banks That Walk Away From Homes
Submitted by Reggie Middleton on 01/25/2011 12:36 -0500Another entertaining video on the ultra-animated Max Keiser show discussing topics such as Goldman's
Facebook offering that never was, what happens when its the banks that
walk away from a home, phantom banking profits, Chuppies (Chinese Yuppies), and more
shenanigans that are the tour de force that is today's banking system
and economy. To skip directly to the Reggie Middleton interview, move to
11:55 in the video.
GreaT MoMeNTS iN SQuiDSToRY
Submitted by williambanzai7 on 01/25/2011 10:59 -0500Always kick a Squid when it's down--WB7
Is It Now Common Knowledge That Goldman’s Investment Advice Sucks???
Submitted by Reggie Middleton on 01/25/2011 09:23 -0500You've heard me say it ad nauseum! You've seen me demonstrate it in real time! Now read Bloomberg report it... Absolutely amazing that these guys can keep a client worth more than $15. I'm tempted to open up shop right next to them on West Street and hire the head marketing guy from Apple to go toe to toe!
Market Keeps Moving Higher as Investors Now Buy the Rip
Submitted by MoneyMcbags on 01/25/2011 07:50 -0500Oh shit did the market get it's buying on yesterday as investors once again shunned the reality of Europe's tenuous hold on the Euro...
Will Junior Mining Stocks Be THE Investment of 2011?
Submitted by smartknowledgeu on 01/25/2011 06:22 -0500You may feel that this is an odd time to write a piece about one of the riskiest sectors in the precious metal investment class, especially as gold and silver prices continue to plummet in the futures markets but the proper time to buy, of course, is when fear is high and prices are low.
Trade Against The 90% That Lose Money 25th Jan
Submitted by Pivotfarm on 01/25/2011 02:06 -0500Retail 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.
WHeRe HaVe THe ZeRo HeDGe VeTeRaNs GoNe? (Banzai7 Redux)
Submitted by williambanzai7 on 01/25/2011 02:04 -0500A visual interpretation...
Robert Shiller Argues That Rising Inequality In The US Was A Major Cause Of The Recent Crisis, And Little Is Being Done To Address It
Submitted by George Washington on 01/25/2011 01:37 -0500The poker game ends when one person gets all the chips ...
