How I have cashed in while everyone else cries.
It’s funny to hear my uncle, who is intelligent, successful, and investor for 20 years crying over how much money he has lost during this bear market. I ask him the simple question, “Why?” “What do you mean why” he answers ...
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Seems like everyone is pointing the finger at everyone else. The most common and most convenient to blame is the fat cats on Wall Street. Everyone is saying they should have been more honest and less greedy. Come on, that's just ridiculous. Wall Street is about making money... by any means possible. ...
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First of all we should understand the actual value of the crude and paper money which is too much higher than that of our expected price First of all what is the situation of the crude? The major producers countries of the oil are iran iraq Soudy Arabia And major of the Gulf Countries like kuwait ...
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Banks are wary of lending in the inter-bank market because the risk of a black hole is considerable. The current lack of transparency increases that risk. To prevent the financial system from choking up, the Fed will begin paying interest on balances held at reserve banks, effective Thursday, October ...
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I have sent this out to numurous people & congress men/women & nobody seems to get it If congress really wanted to help the middle class & the country they would not give in as the are doing..... What the should do is if the banks & holders of the bad debt / toxic securities really want ...
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The stated objective of the $700B rescue plan is to provide liquidity to the market and keeping industry and the economy going. This is a smokescreen under which the big banks want to offload their junk assets onto the taxpayer. Here is a suggestion: Instead of giving the $700B to Morgan Stanley ...
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The MSNBC talking head told us to remember this day to tell our kids. This would be a day studied in the future as “the day the U.S. nationalized the home mortgage market”. WOW, we truly live in historic times. After the bailout bill passed, the market tanked. Everyone that had sold this bill ...
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Every now and then the world is visited by one of these delusive seasons, when the credit system .... expands to full luxuriance: everybody trusts everybody; a bad debt is a thing unheard of; the broad way to certain and sudden wealth lies plain and open; and men are tempted to dash forward boldly ...
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LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY TO PURCHASE MORTGAGE-RELATED ASSETS Section 1. Short Title. This Act may be cited as ____________________. Sec. 2. Purchases of Mortgage-Related Assets. (a) Authority to Purchase.--The Secretary is authorized to purchase, and to make and fund ...
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I know a lot of you are nervous, scared, or one of many negative emotions. Some of you believe the economy is in real trouble the likes of which we have never seen before. I am here to assure you today’s situation is nothing new and just part of the normal business cycle. I have been on the ...
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So you thought you lived in a Capitalist, Free market country. A trillion here, a trillion there, petty soon your talking real money! Speaking of real money, buy gold and silver. Even better, buy gold and silver miners. A 20% increase in their commodities prices traslates into a 50% increase in ...
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We can no longer rely on ourselves any more. Everything we have comes from someone else(cars, clothing, food, toys) Funny, 20 years ago they said we must find ways to conserve gas. What happen?? Big Oil companies didn't want that. USA has gotten the BIG HEAD and we are paying for it. We have taught ...
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The number one problem with our republic is that it has become a democratic tyranny which contravenes much of the Constitution. Literally thousands of special handouts to special interests (mostly but not entirely Democrat constituencies) rob us daily. Following Federal legally authorized powers, ...
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Most people seem to think that the stock market has hit bottom or is close to bottom. Who will lead the bull market return. Many stocks are at or near their 52 week lows including the big banks. Risky, maybe? But financials will have to finance Big Companies and Little Companies to grow and expand. ...
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Greetings, I think we need to stop sending money to countries each time they're hit with problems(Georgia = 1 Billion). Invest at home first! I think we need to stop rebuilding areas that shouldn't be built (New Orleans + Flordia Coast + Malibu + anywhere we build in the desert). Invest at home ...
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