Jun 5 2011

great, great depression

http://georgewashington2.blogspot.com/2011/06/yastrow-we-are-on-verge-of-great-great.html   But this is not news to anyone who has been paying attention. As I pointed out Tuesday, billion dollar fund managers agree: the government never fixed the underlying economic problems, so we’ll have another crash. I provided details last month: As I noted in January, the housing slump is worse than during the Great Depression. [Confirmed here] As CNN [...]

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May 31 2011

euro – prolly going to rally now… backwards

yep … the euro is probably going to rally.. in my opinion greece technically defaulted just now.. but it doesnt matter, perception is reality and perception is dicated by billionaires who think that this is a short term win.   this default just postpones the inevitable.  i like american companies with lots of cash… honestly. [...]

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May 25 2011

Deflation – Sell your home, etc. $$ $JPM $C $BAC Zombie Banks

Well, the title says it all. Sell your home, walk away from your home, banks will be walking away from homes as they go from assets to liabilities on balance sheets that still rely a lot on mark-to-whatever accounting. JP Morgan, Citigroup, Bank of America — Crap, Crap, Crap. What’s funny, is that all of [...]

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May 25 2011

Fool’s Gold $GLD $$

Cullen Roche The gold standard failed because it imposed natural constraints on countries that left them unable to defend themselves and their citizens. It is absurd to form an entity for public purpose and then not be able to utilize that entity when you most need it. Some people like to think of govt’s as [...]

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May 23 2011

$SLZM – Oil $3.44/gallon from Algae? That would solve so many problems.

At large scale, it expects that it can be competitive in chemicals and fuels as well in a purpose-built manufacturing plant, forecasting a cost below $3.44 a gallon. Read more: http://news.cnet.com/8301-11128_3-20042446-54.html#ixzz1NAI02xHT

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May 23 2011

$$ $FXI $FXP $BOM China – 25% Real Estate Crash next 6 months, 50% Real Estate Crash next 5 years

  Great Leap Forward From Wikipedia, the free encyclopedia For other uses, see Great Leap Forward (disambiguation). History of the People’s Republic of China 1949–1976, The Mao Era Revolution Korean War Zhen Fan Three-anti/five-anti campaigns Hundred Flowers Campaign Anti-Rightist Movement Great Leap Forward Great Chinese Famine Cultural Revolution Lin Biao Gang of Four Tiananmen Incident 1976–1989, [...]

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May 21 2011

$PSEC $LEE — $T $CTL $FTR $NTLS $USMO $VZ $WIN $AEE $DUK $EXC $FE $TEG $POM $PPL

I like PSEC and LEE. if you have any opinion on the list of high dividend stocks from the following list as being good/safe dividends.. feel free to shoot me an email. in the meanwhile, i expect markets as a whole to go down. http://pragcap.com/seeking-yield-from-stocks-not-bonds   S&P Composite 1500 Stocks Yielding 5% or More Company [...]

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May 16 2011

Calling China Out $$ $FXI

http://www.heritage.org/research/reports/2011/04/the-united-states-vs-china-which-economy-is-bigger-which-is-better#_ftn24   Abstract: China’s leap from poverty due to the marvelously successful market reforms introduced in 1978 has obscured serious weaknesses in its economy—especially compared to the American economy. These weaknesses have been exacerbated by renewed Chinese state intervention that began around 2003. Many seem convinced that China is at the cusp of surpassing the [...]

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May 14 2011

$BAC $JPM $C $$ Banks that I’d give junk bond credit ratings

the too big to fail banks have put options on the us government. i agree with soros in this regard. a few years ago, i bet on djsp, which was a foreclosure company in florida. basically the government stepped in and stopped the processing of all foreclosures, which was bad for djsp but great for [...]

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May 13 2011

Chimerica’s slippery slope to stagflation – a word from andy xie

http://www.marketwatch.com/story/chmericas-slippery-slope-to-stagflation-2011-05-13?dist=beforebell By Andy Xie BEIJING ( Caixin Online ) — The global economy is heading toward another double-dip scare, possibly in the third quarter, in what could be a repeat of summer 2010. Financial markets may stumble in a few months, and that could prompt the U.S. Federal Reserve to introduce a third round of quantitative [...]

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