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Depends what you are trying to achieve I suppose and a profit is a profit even if it's a penny.
Blue chips with nice dividends paid really well between the headlines in October.
No recommendation mind you. (Always check with your own advisor:)
Always DD first, just make sure you keep a SL in though as a saftey net.
It looks like its your problem because all those stupid ZH-ers are in cash for long time. Play uor game!
OMG THE FINANCIAL MARKETS ARE GOING TO CRASH AGAIN!!! Per zero hedge the markets are always one headline away from collapse
Hmmmm ..... I don't recall ZH ever saying markets are going to crash, not even close.
That's one thing I like about this site. TD's (however many there are) just report the facts pretty much, maybe with some editorial, but noting approaching "crashing markets" that I can recall.
As a matter of fact, it is one headline away from a total clapse. You'd rather be ready than supprised.
Don't worry, this will never hit the mainstream media.
And if you're not invested in PM's yet, you're a moron.
Don't be so hard on em' SD...More time to get more on the cheap....
I have this little voice in my head (well, one of them anyway) that tells me the recent CME crap is a precursor to an epic commodities beat down. I do think Europe is about to implode. What better time to throw margin/traders under the bus, collapse positions, so the big boys can back up the truck and take over huge portions of the long positions.
But I don't trade. Oh, and it started snowing here the other day ... still nice out (mid-30s) ... snow almost gone for the rain ... mountains sure were pretty with the light blanket of snow ...
I totally agree, i'm hoping for.
I'm not going to short it but if it goes below 26 i'm buying every slv call 40 2014 i can get my hands on.
I hope you're right cooter, starting to get worried that I should have gone all in at $1550 (Aus). I also have to worry that even if there is a beat down, the aussie dollar will nosedive at the same time, so Gold will actually go up.
The beat down, if it is really what is in the "cards", will be epic and the last chance to get physical (if dealers will sell at the new low prices). This is only driven by the need to dump shorts accumulated to date in price suppression. Smart dealers will just, um, well, you know, have inventory issues for a while.
I could be completely off base, just my "inner voice" per up thread. I prefer dollar cost averaging whilst I have the free money.
I looked at Australia when I was ready to pack-and-go. Good country over all and I think pretty solid. I also like New Zealand, perhaps more if I must confess. I do think your dollar is going to get a beating though, housing is still bubbly in your neck of the woods and international trade is about to tank as currency wars get going. But then, all currencies are going to the moon, so that makes you a hell of a trade with such commodity backing your currency!
Hope you got a safe hovel for the ride!
Keep listening to that particular voice. It's a winner!
After another highly anticipated weekend of headline risk, not much happened. We are likely to see a bit more "risk off" price action to open the trading week. Then we may see price action take on more risk as the week advances. Here is a look at the DX, EURUSD, GC, SI, and the SPX. http://bit.ly/tvybIw
The Germans and French banks are only part way through their asset dumping so expect bond yields to remain high for a while.
I.e. Stocks go up.
Bill Still: Still Report #30
I'll be voting for Bill Still in 2012.
Didn't know he has a regular show. MoneyMasters seemed pretty good.
Note: He has announced his candidacy for the Libertarian Party nomination for Prez.
Forgot to note this is Bill Still talking about Greece and giving his guidance.
Let all the Haters of Truth come out and Bash Julian!
ALL of you fucking scumbags who pray this system will never end..
ALL of you bottom feeders who just want to enjoy the spoils of your life long frauds committed against your fellow man!
Come and regale us with how the truth is a terrible thing and should be spun!
Tell us how B of A never got released! when Julian said "U.S. Bank" NOT! B of A!
Come and entertain us with your spin!
We do NOT!! Forget!
He said U.S. Bank?
I remember that, and then everyone ran with it that it had to be Bank of America. There were some emails...but they were not as delicious as we had hoped. But yeah, I buy that, the intial "tease" was about a US Bank.
You have a good memory....it was so long ago we last heard from Julian.
Actually it was pretty clear it was BofA, but the reason the docs never got released is because another wikileaks volunteer intentionally deleted them before leaving the organization.
In theory this was due to in-fighting within wikileaks, but there have been alternative explanations as well.
I really see WikiLeaks as an official vehicle of "government agencies" to break news and influence public opinion.
J. Assange is a ego maniac and is thus easy to influence/control. <yawn/>
I do not contest the validity of the material, I just question the "leaky-ness" of its source.
wiki leaks was outed as an israeli operation a long time ago. I agree some of the materials are interesting, but must be taken with a pound of salt.
I stopped reading after "in twenty years time"
Yeah, when I hit that point I was like ... is this content 20 years old? LOL!
Actually I am sure the main stream media hit this story quite a lot - DIE,DIE,DIE!
Last thing that big corporate media wants is the general idea that generally many corporations are bankrupt, especially banks.
"Whats the revinue implication of this ?"...
Having worked for a family owned company this seems to be the same dynamic that you would see there. The kids can fuck up, fuck up, and fuck up some more but the guilty daddy has to prove he still loves his little fucking losers and bail them out at every turn. Then he makes sure to always say publicly that the worthless little fuckers are "doing better" than they have. That is unitl their next major humiliation of the old man. It keeps going until the old man is dead or the kid's have bankrupted him.
I've seen this very show in more than one family. Know the script.
I read a long time ago that there is a "Chinese Proverb" that goes something along the lines of "Family wealth never spans three generations."
I probably mis-attributed the source, but I though it was very insightful, accurate or not.
It is a kind of stage theory:
Generation 1. Has seen hard times, works hard, saves, wants to see kids do better. Very conservative.
Generation 2. Prospers, enjoys fruits of parents saving, not as conservative, endows their own kids with lots of goodies but does not pass on much of a work ethic. May even talk of how parents were too stingy and they won't do that to their kids.
Generation 3. No work ethic, blows all the money, has no endurance or fortitude, crashes financially. Their kids have no legacy except their memories of the crash.
Generation 1. Has seen hard times, works hard, saves...
I think the only reason that the European Aristocracy got away with keeping their generational wealth was because they became and stayed inbred, thus making themselves so retarded that all they could think about was preserving their precious.
Tuche, Euro retards. Tuche.
Naw. It is calories and entertainment. Shit, Rome had that one figured out 2k years ago.
When things get interesting is when the food and fun spigot gets shut off ... you know ... like when trade collapses ...
That statement is really retarded. Are you retarded too or just drunk?
Look, the Rostheschildes, and other Aristocrate families, have kept their wealth and are retarded. What is wrong with me saying that?
Um, this is sort of awkward, but I almost posted the exact same thing, but thought "naw, he's just trollin".
That said, I don't think they are "in-bred" per se, at least in the literal sense. Let me put it another way. I used to tell folks (and still do although I keep my mouth shut more these days) there are two ways to be wealthy:
I never admitted the latter passes genetics and no one called me out on it. I am crazy smart because of my blood line; my mom was rearing kids and earning a masters in economics in the 60s. That is bawls right there. My old man is sharp as a tack. I had great support growing up, great role models, and enough ass kicks to make me self sufficient.
With all that said, I have no idea what its like growing up in an "old money" family, but I am sure it sucks. I am also sure if I had no soul and basic competence, growing up in said "old money" family, I would get a shot at running systems far bigger than I could create.
But I knew kids in HS that had nice mustangs. Most ended up horseshoe-ing trees.
Call me a red neck, but I think I know where this is going ... and I am in 100% agreement, mayhap for different reasons, with MLH.
The Rotheschildes intermarried into the 20th century.
You should watch this documentary MsC
wealthy families coached on how to maintain wealth throughout the generations...
I don't have a problem with wealth per se. It's how it's accumulated. And very few non-banking, non-oil families can maintain inter-generational wealth.
And I'll take a rich domestic manufacturer over a parasitic banker any day of the week.
Hulk, Thanks for your comments. Happy Thanks Giving . yen.
Just in case we don't speak before the end of the year.
Took a look at it. Brave of the youngster to do it. Like how their financial advisor about had a crap over what the kid was doing. "Don't kill the golden goose!"
Unless your family is a criminal bankster or Royal!!
Your the dad right?
Most of those Dads will never, ever, see that they are the Dad that did this. The fact that they can't see it, enables it.
NEW YORK (MarketWatch) — The French government will on Monday announce its latest efforts to bring its finances under control, with a new package of tax increases expected to be unveiled.
Is that for real? because Germany just announced a tax cut today.
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