Monday, August 8, 2011

S&P fallout: Fannie and Freddie downgraded

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24 comments:

  1. all that has to happen is open the usa market and the shit falls apart, it's hilarious

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  2. hmmm... Gold /\ Silver \/ - bizarro world

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  3. felix it is bizarro indeed.

    waiting for a gold dip now.. need to get rid of some canadia paper.

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  4. I'm hoping to dump some fiat this week too!

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  5. USDI up?!?!?!? What is going on?

    I know how to make money in this market....do the opposite of what sound logic and reason says.

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  6. @felix was looking at the spot price of gold busting through $1700/oz early this morning and wondering why silver was not up like gold? Seems to me, that in the long run the price of $$ silver will really go parabolic when more and more of the masses can't live without the purchasing power and protection of the PMs and price of $$gold becomes way too expensive. So, patience, patience, patience. That day will come sooner rather then later. :)

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  7. Castanza is all over the map, up is down, left is right, black is white, and Jerry is still Mr. Even Steven after Elaine throws his $20 out the window and he tersely replies, "Couldn't you just have tossed a pencil?"

    and then a moment later he finds its partner in his slacks!!!

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  8. Gainesville just sold out of 100oz bars

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  9. SGS - When are you going to give the Tinka update? A time frame would be nice. Thanks!

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  10. JPM is late on the sched smack down .. they might be bussy atm...

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  11. JPM stock vs Silver Spot differential becoming large!

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  12. Silver monkey- I'm waiting till the markets pull it down to .05 then Ill release some info. LOL. It will dive with the markets. So free up some cash and wait for a bottom.

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  13. Get the violins out for Netflix buyers at 290!

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  14. Holy indexes. I remember when I got my first big wad as a software architect in 1998 and invested it in an S&P index when I was 28 ( even more sheeplike than I am now ), at the exact same level its at right now.

    Well done america!

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  15. Big boys Barrick and Newmont way up. Gold miners loving it today!

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  16. BERKSHIRE GETS A S&P DOWNGRADE...LOLOL

    Warren was mouthing yesterday and earlier this morning how STOOPID the S&P downgrade was....looks like S&P just showed him whos boss....LOL.

    Anyone who mouths off to S&P better watch their back. Bill Gross knows this all too well..that's why he says they made the right call.

    JIM CRAMER STRIKES AGAIN

    looks like Jim has been bashing Bank of America (BAC) this morning. Funny, as ZH states he gave 10 reasons why to own BAC at its high back in JAN 2011.

    I am surprised that one of his MAD MONEY viewers has not found him in public and shoved a fistfull of cat sh*t in his mouth. We must remember....Cat turds are by far the most foul of animal craps on the market.

    LASTLY...I am making a change to my JOE-BAG-OF-DONUTS name. It will be:

    NED-BAG-OF-DONUTS in homage to a great ANAL-IST

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  17. SRS, this one's for you:

    http://www.dani2989.com/gold/goldproduction2011gb.html

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  18. Anyone buying Paper Silver shorts here????

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  19. covered my NFLX, YHOO shorts.
    Last week - doh

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  20. Tom H....thanks. Yes, I have seen all of his newsletters. I like Chaize. He lives in CZECH or somewhere in Europe. I have sent him several emails in which he has an assistant reply as I believe he does not read english well.

    Regardless, he has come out with some very good graphs over the past several years. He is also a PEAK OILER.

    I have a future post on how the HYPERINFLATIONARY DEPRESSION will impact gold and silver mining. It will of course impact silver far greater than gold. This is highly bullish for the price of silver.

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  21. Between 7:30 and 7:45 Silver lost ~ $1US while Gold remained constant. Someone selling Silver? Why?

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  22. Fear, Greed, and Herd Instinct (the three great motivators of the markets/business world). I can understand how these are working in just about every area that I watch right now except for Silver. Can someone explain what's going on there? Is it manipulation or something else?

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  23. im sorry guys, go back and listen to the CIA stole gold in ww2 LINK ... gold is magnet for the elite, always has been ... I have silver too but it doesn't get them erect

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  24. gold just passed platinum by $1, is that first time ever? crazy

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