Who needs all of those tellers anyways? Fact of the matter is that THE ONLY WAY for the Federal Reserve to avoid a run on banks is to close ALL banks and replace them with ATMs. Most of the industry is sustained by electronic tickers, timers and tapes, so why continue with the expense of [...]
IndyMac or Indian-head Money?
Saturday, July 12, 2008
Don’t say I didn’t warn you about this. If I lived in Cali, I’d be camping on the front porch of my bank this weekend the same way I would to get a U2 concert ticket. Remember, first come, first served. You can cancel your electronic payments later. It’s not “All about the Benjamins” anymore, it’s back to [...]
U.S. Farmers Make Billions Overseas, then lose it.
Tuesday, July 8, 2008
A few months back, my older brother called to pat me on the back (he’s always good like that). He had just watched a very positive segment on CNN about farmers making bank locally and abroad. Knowing that I was in negotiations for a big dirt patch, he was happy for me.
He then related a [...]
Wikinancial is sloppy and will be shut down soon because…
Wednesday, July 2, 2008
Yeah, yeah, I know, who am I to criticize their spelling and inability to keep track of time when I can’t even get this image to load without it blurring. Sorry to wear out your clicker fingers, but to see this image, please click it.
Umair Haque
Tuesday, July 1, 2008
“It’s a betrayal as deep, perhaps, as that of Wall Street.” is the statement that caught my interest. It made me wonder, when was Silicon Valley ever not Wall Street? Which intellectual or physical property was ever created in Silicon Valley and not “monetized?”
Okay, even though there are several flaws in this man’s assumptions (click here to [...]
Starvation is a Great Motivator
Monday, April 21, 2008
The International Monetary Fund recently declared that the US has not seen times like this since the 1930’s. Well, the above photo was taken in that time frame. So who cares about financial markets, right?
Well, after money fails, food is next. Here are two articles, one regarding domestic subsistence conditions, the other regarding International subsistence [...]
Liked it then, like it now.
Friday, April 4, 2008
The new Grid Charts make me happy, like a trip down memory lane with ABBA. Click the image and enjoy the flashback.
Silver Dollars in the Eyes of a Dead Economy
Tuesday, March 4, 2008
The phrase, “wait till you see the whites of their eyes boys” is rendered by economists as: “wait till you see the silver in their eyes boys.” Always remember that the death of any fiat currency has a silver lining (or gold, or diamond, etc.).
Some bugs survive ice ages - they are called Gold Bugs
Friday, February 15, 2008
Have you seen the U.S. currency lately? It is cheap tin. Any model citizen could get more precious metal from the lid off a Copenhagen can. At least the Mexicans and Canadians and Tobacco companies have fairly good art on their coins. Were it not for these equally worthless and ugly fiat currencies that the [...]
mytrade™ is listening to smart people
Tuesday, February 12, 2008
I hear that there’s a new video that reveals how mytrade™ was hatched (yes, that’s a pun on the Swans). I hope to post it soon…
Here is the mytrade clip that I watched and wanted to share way back in February (today is June 30, 2008).
Here is another.
Why the delay?
Go ask your mother. (think Seuss)
Actually, if [...]
Yahoo Answer re: ThinkorSwim
Wednesday, February 6, 2008
A picture is worth a thousand words. Here is your answer, Timothy H. (I tried to reply last night but the web was swamped!)
Need Help; Which stock to buy? Got it down to two.
Sunday, December 9, 2007
Any of you folks any good at judging stock flesh? As I am new to the industry, I need all the help I can get. Please chime in. THANKS!!!
SWIMming is fun, especially if you FLY!
Sunday, November 25, 2007
Me and my bro tossing goober around at what my wife calls “Mini Lake Maracaibo.” If you’ve been there (Venezuela), you know what she means.
When the perma bears cry “uncle,” I go short
Thursday, October 11, 2007
With IV going nuts and prices pulling back, just I played the AMZN to the down-side. I hope to have caught the peak of panic today, but I left room to do it again tomorrow. My bear call spreads have one hitch: limited profit. Now I’ll check in on retracements in the FX market and go [...]
Not Mystified
Monday, September 24, 2007
There is no bullish conviction whatsoever in the recent trading days. Granted, the doji star I was wishing upon didn’t pan out. Forgive me for not predicting the ensuing deliberation pattern. However, that evening star is falling in the East this morning as the markets in China and Japan come back to earth. My buddy [...]
