Posts

Showing posts from March 1, 2012

Greece Is D-O-N-E, $70 Silver In 90 Days (Very interesting article)

Image
Greece Is D-O-N-E, $70 Silver In 90 Days

NOTE: We should expect a brief dip in metals, if there is a banking crisis caused by the Greek "credit event" (read: default). In a credit crisis, many assets--even precious metals--will be liquidated to cover margin calls. Look at that as a short term buying opportunity

http://etfdailynews.com/2012/02/28/g...-zsl-gld-sivr/

Greece Is D-O-N-E, $70 Silver In 90 Days



Dominique de Kevelioc de Bailleul: Speaking with King World News, Goldmoney’s James Turk reiterated his $70 silver price target—but brazenly violates the rule of ‘responsible crystal balling’ by adding a date along with his price prediction. Turk expects a double within 90 days.
In essence, Turk expects silver to move up at a compounded annual rate of return of 700 percent by the end of silver‘s seasonally bullish months, which end with May.

Now, that is one bold call . . . or is it?
A move that large must mean only one thing: A big event is just over the horizon,…

WHAT DO THEY KNOW?? 50 Goldman Sachs "Partners" have quit.

WHAT DO THEY KNOW?? 50 Goldman Sachs "Partners" have quit.

Goldman Sachs experiencing executive exodus

By MARK DECAMBRE
Last Updated: 9:50 AM, February 23, 2012
Posted: 12:11 AM, February 23, 2012

http://www.nypost.com/p/news/busines...HN1khh2plX3hKN

The trickle of senior executives leaving Goldman Sachs is turning into a flood.

The Wall Street powerhouse, which has witnessed a string of high-profile departures in recent months, is facing a hollowing out of its ranks not seen since the firm established its partnership pool 13 years ago.

The exodus comes as Goldman, along with the rest of Wall Street, turns to cost cutting as new regulations and lingering economic challenges eat into profits, as well as bonus pools.

Yesterday, Chaim Howard Wietschner, 44, became the latest partner to leave. An internal announcement revealed that the senior hedge fund honcho was set to bolt.

Named a partner in November 2002, Wietschner will follow more than 50 partners who have opt…

A VERY RARE Thing Will Happen June 5th 2012

Image
The retrograde loop made by Venus has been said to be the harbinger for the Return of Quetzacoatl (Jesus Christ), the feathered serpent. There is a Rare Eclipse, around the 21 st of May, just 2.5 weeks before the Venus transit.

♬♪ Jesus Christ at the Spirit World ♫♭

Image