32519 Posted February 23, 2014 Report Share Posted February 23, 2014 Crazy price tag fuels bubble fear Quote Link to comment Share on other sites More sharing options...
32519 Posted February 26, 2014 Report Share Posted February 26, 2014 FaceBook throws in the towel on email Quote Link to comment Share on other sites More sharing options...
32519 Posted February 27, 2014 Report Share Posted February 27, 2014 Calm urged as investors pull out of local bonds. A couple of extracts from the article: 1. Newly appointed chief economist for the South African Institute of Race Relations, Ian Cruickshanks, on Wednesday called the South African market "heck of expensive". "There is huge risk in the market, with current valuations not reasonable." 2. Dreadnought Capital CEO and former JSE director Allan Thomson says a crash is not around the corner, but he does not expect the market to hit recent "giddy heights" of growth close to 30% either. Bullshit...The crash is a disaster waiting to happen. If you have any common sense, get out while you can. The NYSE hit a fresh high yesterday. On exactly what you may rightly ask? Corporate earnings are currently lagging WWWWAAAAAAAAYYYYYYYYYYYY behind current stock prices! Quote Link to comment Share on other sites More sharing options...
Al_U_Card Posted February 28, 2014 Author Report Share Posted February 28, 2014 One thing about the debt from interest payments (servicing national debts to central (private?) banks(?) Doesn't this suck up a lot of resources that might otherwise benefit the people rather than the bankers? Fractional reserve banking being what it is, what might also happen were the banks only allowed to charge interest on ACTUAL reserves and only able to charge a minimal fee for any "lending" of money that they create on their books without real depositor backing? Quote Link to comment Share on other sites More sharing options...
32519 Posted March 7, 2014 Report Share Posted March 7, 2014 Banks bear brunt of gold-fix blame Quote Link to comment Share on other sites More sharing options...
Al_U_Card Posted March 13, 2014 Author Report Share Posted March 13, 2014 http://www.kitco.com/ind/Schoon/images/darryl_20140312_4.jpg Quote Link to comment Share on other sites More sharing options...
32519 Posted March 13, 2014 Report Share Posted March 13, 2014 When the stock markets crumbleThe word of Yahweh will standStock prices may rise and fallBut his word will endureThough the investors may stumbleThe word of Yahweh is strengthI will not be shakenI will not be movedI will not be shaken I’ve had a visionThat we are livingIn strange timesEverything is shakingThe whole earth is quackingCan you hear it?Can you hear it?Victory’s in the air! Quote Link to comment Share on other sites More sharing options...
PassedOut Posted March 13, 2014 Report Share Posted March 13, 2014 The whole earth is quackingBig year for ducks. 1 Quote Link to comment Share on other sites More sharing options...
Vampyr Posted March 13, 2014 Report Share Posted March 13, 2014 Which Psalm is that? Quote Link to comment Share on other sites More sharing options...
ArtK78 Posted March 13, 2014 Report Share Posted March 13, 2014 Which Psalm is that?Psalm 2014.72 (based on its Star Date). Quote Link to comment Share on other sites More sharing options...
Vampyr Posted March 13, 2014 Report Share Posted March 13, 2014 Psalm 2014.72 (based on its Star Date). It needs to be set to a jaunty tune and used in a theatrical musical. It definitely seems to have the rhythm of something from Hair, but perhaps it is actually an oft-omitted song from Jesus Christ Superstar or Godspell. Quote Link to comment Share on other sites More sharing options...
32519 Posted March 16, 2014 Report Share Posted March 16, 2014 Here's some good advice to all you buffs who play the stock market, Are you owned by an investment?Here's an extract:"My advice to people who have such a significant exposure to one brilliant share is to sell small portions of your shares periodically to ensure that you have sufficient money stashed away for a rainy day. If you don’t believe that this investment will ever have a collapse in its share price, remind yourself of the Didata example. You don’t need to sell all your shares. Sell just enough so that a significant drop in the share price will not compromise your current lifestyle." Quote Link to comment Share on other sites More sharing options...
PassedOut Posted March 16, 2014 Report Share Posted March 16, 2014 My advice to people who have such a significant exposure to one brilliant share is to sell small portions of your shares periodically to ensure that you have sufficient money stashed away for a rainy day.Taken directly from Duh Magazine. Quote Link to comment Share on other sites More sharing options...
y66 Posted March 16, 2014 Report Share Posted March 16, 2014 According to Atif Mian and Amir Sufi, in House of Debt, it is not a coincidence that the Great Recession and the Great Depression were preceded by dramatic expansions in household debt. In the U.S. for example, household debt doubled between 2000 and 2007. When will the correction suggested by the OP occur? Who knows. To the extent that expanding household debt was a factor in 2007, this is not a factor now in the U.S. http://upload.wikimedia.org/wikipedia/commons/thumb/1/1e/U.S._Household_Debt_Relative_to_Disposable_Income_and_GDP.png/350px-U.S._Household_Debt_Relative_to_Disposable_Income_and_GDP.png Quote Link to comment Share on other sites More sharing options...
barmar Posted March 17, 2014 Report Share Posted March 17, 2014 Here's some good advice to all you buffs who play the stock market, Are you owned by an investment?Here's an extract:"My advice to people who have such a significant exposure to one brilliant share is to sell small portions of your shares periodically to ensure that you have sufficient money stashed away for a rainy day.The expression "Don't put all your eggs in one basket" is over 350 years old, and still as true. Several of my employers have offered Employee Stock Purchase Plans, Stock Options, 401k matching in the form of company stock, and other forms of compensation in the form of company stock. My policy has generally been to sell when it's reasonably feasible (e.g. I wait until ESPP shares become qualified, so I pay only capital gains tax rather than income tax), on the basis that I'm already depending on the company for my regular paycheck, I don't want to depend on their stock price as well. One theory of paying employees in stock is that it will give them incentive to work harder, to keep the stock price up. I already do that just because it's my duty, and I don't think my individual contribution is significant enough that it will affect the stock price. Quote Link to comment Share on other sites More sharing options...
Mbodell Posted March 26, 2014 Report Share Posted March 26, 2014 http://www.kitco.com/ind/Schoon/images/darryl_20140312_4.jpg Even if past random walks predicted future ones and even if those curves were more similar than they all the different axis are important. In the 1920s graph the crash is from nearly 400 to 200, losing 50% of the value. The corrisponding current day axis would be from 17000 to 12000, losing less than 25% of value. Not a good day, but off by more than a factor of 2. Quote Link to comment Share on other sites More sharing options...
32519 Posted March 27, 2014 Report Share Posted March 27, 2014 Abolish the euro for Europe's sake Quote Link to comment Share on other sites More sharing options...
mike777 Posted March 28, 2014 Report Share Posted March 28, 2014 Abolish the euro for Europe's sake typical nonsense written by nonsense...junk The obvious conclusion is that austerity is not the answer. Indeed, France must abandon its policies, for its own sake — and Europe’s. France’s problems, like those of other troubled eurozone economies, stem from the fact that the euro exchange rate does not align with member countries’ economic positions. As a result, these countries’ virtual exchange rates vis-à-vis Germany are critically overvalued, inasmuch as wages in these countries have risen faster, and labour productivity more slowly, than in Germany. Given that the implicit nominal exchange rates are fixed "forever" within the euro, these countries have accumulated big deficits relative to Germany. 1) France is not austerity, to suggest is idiot.2) rest is well known well before euro...you accept or you don't. The entire article is nonsense ..stupid.Tell me something I did not know 20 years ago. If you accept euro you accept this issue...lol Quote Link to comment Share on other sites More sharing options...
32519 Posted April 9, 2014 Report Share Posted April 9, 2014 Global assets under management to exceed $100 trillion by 2020 So how much of this is your pension funding being managed by some or other parasite (sorry, retirement funding institution). What do you think the new figure will be when the stock market implodes? Quote Link to comment Share on other sites More sharing options...
jjbrr Posted April 10, 2014 Report Share Posted April 10, 2014 Global assets under management to exceed $100 trillion by 2020 So how much of this is your pension funding being managed by some or other parasite (sorry, retirement funding institution). What do you think the new figure will be when the stock market implodes? http://i.imgur.com/05IJvsx.gif What do you think the new figure will be when the stock market implodes? Quote Link to comment Share on other sites More sharing options...
mike777 Posted April 10, 2014 Report Share Posted April 10, 2014 The solution is often to have a culture that accepts entrepreneurs and one that accepts failure and second chances. Cultures, many don't accept failure. They see failure as shame. Innovation is so important, but a culture that sees failure as shame inhibits innovation. This leads to a culture seeking stability and that leads to stagnation. Many, many of us seek stability over the years, yet this leads to collapse, rather than creative destruction. Granted the whole issue of collapse vs creative destruction is painful and hence people choose to ignore it. Quote Link to comment Share on other sites More sharing options...
32519 Posted April 20, 2014 Report Share Posted April 20, 2014 Bank of England reveals the truth about money. Quote:Is a central bank (meant to manage this unruly lot after all) finally saying enough is enough? Let’s be honest about the monster we’ve created, because if we keep believing a system can rise and fall purely on borrowing and unlimited freedom to lend, the next crash is around the corner. Quote Link to comment Share on other sites More sharing options...
mike777 Posted April 20, 2014 Report Share Posted April 20, 2014 Bank of England reveals the truth about money. Quote:Is a central bank (meant to manage this unruly lot after all) finally saying enough is enough? Let’s be honest about the monster we’ve created, because if we keep believing a system can rise and fall purely on borrowing and unlimited freedom to lend, the next crash is around the corner. AND YET YOU DONT RESPOND. Quote Link to comment Share on other sites More sharing options...
mike777 Posted April 20, 2014 Report Share Posted April 20, 2014 Bank of England reveals the truth about money. Quote:Is a central bank (meant to manage this unruly lot after all) finally saying enough is enough? Let’s be honest about the monster we’ve created, because if we keep believing a system can rise and fall purely on borrowing and unlimited freedom to lend, the next crash is around the corner. AND YET YOU DONT RESPOND. Quote Link to comment Share on other sites More sharing options...
sfi Posted April 20, 2014 Report Share Posted April 20, 2014 To quote one of the comments on that page: Has the writer been living in a cave? This is the way money has worked for a few centuries already. Quote Link to comment Share on other sites More sharing options...
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