"THE MARKET... consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Alexander Elder


Friday, December 31, 2010

Wednesday, December 1, 2010

"The Euro Game is Up!"


A proper scolding...
see: Nigel Farage

Monk of the Month

Your comments,
tips and prognostications.

(Click on image to discover parable)

Saturday, November 27, 2010

Thursday, November 4, 2010

Monk of the Month

Your comments,
tips and prognostications.

(Click on image to discover parable)

Saturday, October 16, 2010

Friday, October 1, 2010

Sunday, September 5, 2010

Wednesday, September 1, 2010

"Pop" Culture

The sound of money.
see: Seeking Alpha

Monk of the Month

Your comments,
tips and prognostications.

(Click on image to discover parable)

Friday, August 27, 2010

Friday, August 20, 2010

More debt than the USA?


Ireland, Netherlands, UK, Switzerland, Portugal, Austria
see: Debt/GDP

Monday, August 2, 2010

Sunday, August 1, 2010

The Big Chill


A Time for Every Season
see: Seeking Alpha

Monk of the Month


Your comments,
tips and prognostications.

(Click on image to discover parable)

Saturday, July 3, 2010

Monk of the Month


Your comments,
tips and prognostications.

(Click on image to discover parable)

Sunday, June 20, 2010

Sunday, June 6, 2010

Gold


hear: Ron Paul on Youtube

Why Big Government Hates Gold

by Ron Paul

This past week several emerging and ongoing crises took attention away from the ongoing sovereign debt problems in Greece. The bailouts are merely kicking the can down the road and making things worse for taxpaying citizens here and abroad. Greece is unfortunately not unique in its irresponsible spending habits. Greek-style debt explosions are quickly spreading to other nations one by one and yes, the United Stated is one of the dominoes on down the line. The people who run the printing presses have trouble shutting them off. In order to limit one's exposure to this reckless behavior it is wise to exchange unsound assets for sound ones. As the foundation for their power, their fiat currency, is rejected or avoided, government power is compromised. Fiat currencies trade the people's freedom and security for the government's freedom to squander the wealth of the nation on wasteful pet programs, wars and corruption. This is why the freedom of the people is so intertwined with a sound monetary unit. This is also why the founders liked gold and silver and supporters of big government hate them.

Tuesday, June 1, 2010

Monk of the Month


Your comments,
tips and prognostications.

(Click on image to discover parable)

Friday, May 21, 2010

"Flash Crash"

"...hundreds of stocks and exchange-traded funds lost as much as 99 percent of their value and then fully recovered in a 20-minute period." (well, kind of!)
see: Reuters
see: Fixing Fat Finger Fantasies

The Wave(s) Down


“The best place for most people to be is in cash”

see: Prechter
eXTReMe Tracker

What is a Bucket Shop?

"Bucket Shop is a specifically defined term under the criminal law of many states in the United States which make it a crime to operate a bucket shop. [2] Typically the criminal law definition refers to an operation in which the customer is sold what is supposed to be a derivative interest in a security or commodity future, but there is no transaction made on any exchange. The transaction goes 'in the bucket' and is never executed. Without an actual underlying transaction, the customer is betting against the bucket shop operator, not participating in the market."
see: Wikipedia

The SEC believes that "internalization" is somehow different, and this affects ALL of your online trading, no matter what you are trading. Trades that are executed outside of the exchange, never reaching the main market, effectively hide data from technical analysis, and skew pricing.
see: Not a bucket?


"... internalization hurts retail customers and market quality"

see: EconPapers

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