Jim is a straight shooter. He is one the best minds there is who has uncanny knack with commodities and macro trends. I pay attention whenever he talks. You too should pay attention to this veteran and ignore other pigs who always promote the Street on CNBS.
He echoes my sentiment, “European Stress Test is a [...]
Analyst firm Gartner has formed a new advocacy council around the issue of IT maintenance contracts and issued a “code of conduct” it wants vendors to follow, actions that could further intensify an already hot topic.
Maintenance fees, which are charged annually in exchange for product updates, bug fixes and technical support, have come under increased [...]
Watch it in its entirety. Don’t know if you remember Tiger Woods crashing the car while wife chasing him animation, it has become normal for thes chinese media channels to animate few popular news
Yes, that should be the proper headline for the settlement of Goldman Sachs, the Emperor of Fraudsters, with SEC.
Via AP News:
WASHINGTON (AP) — Goldman Sachs & Co. has agreed to pay $550 million to settle civil fraud charges that the Wall Street giant misled buyers of mortgage-related investments.
The settlement was announced by [...]
Guts, or kahunas as some would call it, look like this:
In this video, Dylan raises temperature on the congressman who does nothing but divert the topic to criticize the Govt and spew Republican talking points.
Talking point #1: Indict the Federal Government
Talking point #2: Divert the topic to all Republican talking points
And the ending [...]
So, you are a financial “professional” on Wall Street. You think the world owes you bazillion dollars because you are: a) very smart, and b) you have an MBA in finance, may be from Wharton, or Harvard or Columbia and therefore what you do must be good. You claim that your financial “innovations” help the [...]
When Congressman Alan Grayson asked this question, Bernanke said in a written statement, “No!”
But a lot of market participants believe that the government does in fact intervene in markets in many overt and covert ways, one of which is to buy S&P futures. CNBS guys debunk this. [This via Zero Hedge]
A highly amusing exchange occurred [...]
She is baaaaaack!
You may recall one of my earlier posts in which I featured a Frontline documentary on Brooksley Born. Well, this visionary and caring woman got to take on the chief criminal himself. From Huffington Post:
The panel created to investigate the roots of the financial crisis escalated the government’s assault on Goldman Sachs [...]
This guy doesn’t mince any words. With exception of a reference to ‘teleprompter’ (what does got to do with anything he said?), and a vicious attack on Obama, – he is right on.
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William Fleckenstein is a great resource of sanity in the midst of bubble. He is my erstwhile blogging buddy on Silicon Investor before he catapulted into mainstream punditry. In fact, I got schooled a lot from him about Greenspan’s follies.
Bill weighed in today about markets. Watch and think.
“after having completely ignored the bursting of the [...]
Folks
Here is an excellent summary on GLD. Please be careful and read the fund’s prospectus, if you are invetsed in it. The emperor is naked.
“The Gold ETF is an excellent conduit to redirect physical demand into paper. The Gold ETF is similar to a fractional reserve bank. As long as customers don’t fear for their [...]
IN the past few days, I have been occupied on several fronts, which is why lately I am not able to post much on TG. Today’s market action deserves some mention from me.
Add to this, Japan is at new 52 week low. 2.5 to 4% losses in a day don’t come that often. Tomorrow is [...]
Hello Friends
This is my first posting. If you are really want to know what a “Dollar” is please see this
presentation.
Collapse of the Dollar: Testimony on MT Sound Money Bill (HB 639) from Constitutional Money on Vimeo.
Some brave folks who shine the light -
http://www.gata.org/
This kind of totally goofy market action is happening too often and too much. From Zero hedge:
The kneejerk reaction to the completely unsurprising FOMC statement was down… Which is why the corresponding 12 handle move up in the ES is perfectly understandable… as long as one understands that our market is totally [...]
