Tuesday, May 31, 2011

Trade Update: GS

Despite the official numbers Goldman Sachs actually closed down about two dollars today, having gapped up and broken out to $142.20 and fade...

Live Trade: GS

We will take a full position in Goldman Sachs GS, right here at $ 140.68 and stager our stops. We will sell 50 shares at $139.25 and the re...

Sunday, May 29, 2011

Saturday, May 28, 2011

Matt Taibbi - 'Nothing stops big banks from ripping off people again'

The fact that those responsible for the recent economic crisis have not been held accountable is setting a very dangerous trend, believes ...

Friday, May 27, 2011

Trade Update: JPM

We entered short JP Morgan at $42.75 and set our stops at $43.75. I must confess that I was surprised to see that I put in a full positio...

Wednesday, May 25, 2011

The American Dream

The AMERICAN DREAM is a 30 minute animated film that shows you how you've been scammed by the most basic elements of our government sy...

Tuesday, May 24, 2011

Prostitutes and Yellow Arm Bands

I felt compelled to share this Max Keiser report. This week Max Keiser and co-host, Stacy Herbert, report on color-coded prostitutes for ...

Live Trade: GLD

take a 1/2 position right here. buy 50 shares of GLD @ $148.63. Stop at $146.69

Live Trade: SLV

Buy 100 shares of SLV at $35.39 Sell stop at $34.39

Monday, May 23, 2011

Strauss-Kahn Screws Africa

I was sick, sick onto death of, ... Ok thats Edgar Allan Poe's line, but that is how I feel about the incesant pandering of the mainstr...

Live Trade: JPM

Sell short 100 share of JPM with a one dollar stop Sell short 100 shares JPM at $42.75 Buy stop at $43.75

Saturday, May 21, 2011

The Essence Of Banking

Friday, May 20, 2011

Trade Update: HL

You can see the strong support that Hecla Mining HL is getting at the $8 zone. The shares broke up above $8 all the way back in November of...

Wednesday, May 18, 2011

The Monstrous House of Morgan

Before the credit bubble exploded in the summer of 2007 JP Morgan was considered on the Street to be something less than the beat up red he...

Trade Update: JPM

Well I almost have ESP because JP Morgan came up to our stop of $43.89 and then retreated back again. The day's high was $44.02. This ...

Tuesday, May 17, 2011

Rapist

Well there he is, one of our elite. If that is what one of them looks like makes you wonder why they think that they deserve to rule the pl...

Trade Update: JPM

I am beginning to have (short) sellers remorse regarding JP Morgan. We shorted 50 shares, or a half position at $47.20 in anticipation of S...

Sunday, May 15, 2011

College Conspiracy

Another bubble about to burst. Spread the word.

Head Of IMF Pulled Off Plane In New York On Sexual Assault Accusations

What did you expect? These elites have been raping the ignorant masses for ages with impunity, why would one of them think twice about do...

Friday, May 13, 2011

Gerald Celente Is Right on Steve Forbes

Steve Forbes is championing a return to a gold standard in five years time. Will that help the slumping American economy though? Gerlad Ce...

Money Printing

Keep in mind as you watch this that whenever he says anything about the FED buying anything, that the FED prints the money out of thin air...

Thursday, May 12, 2011

Tuesday, May 10, 2011

Trade Update: SLV

We were stopped out of our short on SLV this morning at $37.50. 5-04-2011: Short 1/2 SLV @ $38.50 Stop @$37.50 5-04-2011: Short 1/2 SLV @...

Monday, May 9, 2011

Trade Update: USO

We were stopped out of our short position in USO today for a $300.00 profit. I think USO will likely go back to $43 zone before continuing b...

Live Trade: HL

take a full position of Hecla Mining HL right here at $8.54. Put the stop at $7.25 Buy at the market 100 shares HL @ $8.54. Stop at $7.25...

Trade Update: USO

Move the stop on USO to $40.42

Sunday, May 8, 2011

Trade Update: SVM

We were stopped out of SVM for a $100.02 loss. 2-15-2011: Buy Full SVM @ $12.22 Stop @ $11.20

Saturday, May 7, 2011

They Own You

It's all in how you look it I guess.

Friday, May 6, 2011

Live Trade: USO

Move stops down two dollars to $42.42. Buy Stop Buy to cover 100 shares USO at $42.42.

Occam's Razor Won't Cut It

Here is a counterexample to Occam's razor, showing that the simplest explanation isn't always the correct one. We begin with a re...

Thursday, May 5, 2011

Trade Update: EXK

We entered Endeavour Silver Corp. EXK long at $9.49, it went all the way to $12.75 where I decided to hold. Today we got stoped out at $9.25...

Trade Update: GLD

We entered GLD long in Feburary @ $136.59 and at $135.51 and were stopped out earlier today at $145.45. This trade was a continuation of th...

Trade Update: SLV

We switched from long to short on SLV yesterday when it broke down under $40. Actually to be honest we got out of our long at $45.09 and I ...

Wednesday, May 4, 2011

Live Trade: USO

sell short full position USO @ $43.42 Stop @ $44.42

Live Trade: SLV

Slv is breaking down. Put in a limit order to sell 50 shares, make the stop price $38.50. if the stop price gets hit the order becomes a ma...

Live Trade: SLV

sell short 50 shares SLV right here at $39.67. put the stop just above todays high of $40.44. Sell short 50 shares SLV at 39.67. Stop at $...

Live Trade: ETR

dump ETR! This has just formed a lower high and is going nowhere. We entered with a 1/2 position at $65.90 and it is currently trading for $...

Tuesday, May 3, 2011

Trade Update: AG

We went long with 1/4 AG @ $23.94 on 4-14-2011. Today we were stoped out at $17.50.

Trade Update: GDX

We entered GDX long at with a 1/2 position at $61.07. We were stopped out at $58.09.

Trade Update: OIL

We entered long OIL at $25.35 and have just been stopped out at $29.39.

Trade Update: OIL

OIL seems to be running into resistance at $30.00. It was repelled from here earlier in the month and is retreating from the level this t...

Trade Update: GLD

move all stops up to $148.50

Fight of the Century: Keynes vs. Hayek Round Two

Sometimes all you can do is laugh about it.

Trade Update: SLV

We got out of SLV at $45.09 and it broke down shortly after that. Save the hate mail and look at the action for the past ten days in the 15...

Monday, May 2, 2011

Live Trade: SLV

Thats the daily chart from last Friday. Despite what I said about the 15 minute chart in my prior post I can't see a semblance of suppo...

Trade Update: SLV

As badly overstretched as silver is it is showing signs of support at the $44 level. Last Tuesday when the SLV gapped down big at the open ...

Trade Update: SLV

Silver gapped down six dollars opening barely above $42 an ounce on the Hong Kong market. It has recovered and bit since and now trades at...