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Hedge Funds Are Now All Momentum High Frequency Traders - UBS: "Hedge Fund Selling Hits 18 Month High"
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UBS sucks. A lot. I don't know how those idiots even consider themselves a Swiss bank. They operate like an Argentinian bank.
LOL. They are all argentinian banks now.
Or Gramms, Phil Gramms that is
Anticipating redemptions?
I'm sorry Angela Merkel
But the prince is in another castle....
Everybody should pull their money out and let the robots destroy themselves.
That's funny cause it's true!!!!
http://www.youtube.com/watch?v=joDjwtjIQS8
I was thinking more along these lines actually.
http://www.youtube.com/watch?v=UuB3PyjHQFE
Just keep in mind, as hyperinflationary depression hits home(no way around it now), DOW will reverse and hit Tyler's infamous 36,000 mark, as gold/silver run through the roof as well. I say within 2-3 months we will start seeing the ugly "H" word in play. FED does QE 3.0 and the dominos game begins. Credit is getting squeezed bad again and in worse shape as of today.
You are wrong on the timing. Good news (I think) is that we will have some early warning signals, but they aren't out there yet. All signs point to near term deflation.
Boy, there is a lot of coordinated effort to beat down the shiny metal:
http://money.cnn.com/2010/05/19/news/economy/gold.price.collapse.fortune/index.htm
Boy, wouldn't it be nice to be able to purchase for $800. It would be like a 2 for 1 sale:) Even Gartman is telling his flock to sell.
Unintended consequences of financial reform...
Don't call it selling... CNBS is calling it de-risking now. I guess they are right since going to cash is no longer considered a risk free class.
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