Friday, June 18, 2010

Market is Nuts!


Remember the Flash Crash?...It's still going on...

Text of report.
Notional amounts of derivatives held by federally insured banks have risen to more than $200 trillion.

Thursday, May 27, 2010

Soros: China Will Lead New World Order

Billionaire globalist George Soros told the Financial Times during an interview that China will supplant the United States as the leader of the new world order and that America should not resist the country’s decline as the dollar weakens, living standards drop, and a new global currency is introduced.

Wednesday, May 26, 2010

Gerald Celente : Financial Armageddon 2.0

According to Celente $11T of Gvt injection and backstop money has merely delayed the collapse. Capitalism is now dead and has been replaced by Fascism... Many countries will collapse - defaulting on their sovereign debt and the US will be no different. A looming bank holiday, another 9/11 style attack and a global war are all likely in our future.

Wednesday, April 21, 2010

40,000% gain in one day

There is a lot of talk about the 'timing' of the SEC charge against Goldman Sachs as it related to hearings on regulations, but did anyone notice that the timing fell on an options expiration day? Goldman Sachs April $165 puts jumped from 1 cent to $4, a 40,000% gain! Bhahaha! I hope GS was not in on this short for a change! What is the SEC's motivation: fixing the wrong or crowd control?
Video: Sorkin & Colbert.