i would love to see the trading accounts of Ben, Obama and the 12 wealthiest in the country. i am sure i would see a 'group effort' buying, pour in, whenever 12k DOW cracks..they want it maintained FOR NOW....when they are loaded with short positions and want it to free fall TO WHERE IT BELONGS...and will be ready for and not care about the next 'margin call' crash/depression, i will laugh as i live on my silver.
i have paid earned income taxes since i was 17...never missed one year.... the last 40 of which were as self employed but last year, at 70, i filed my first 'loss' return. 5 brand new homes, 12 brand new cars, 2 wives, 7 children and lot of grandchildren later. My 'golden years'...ment i just sold all the gold i had to survive. i had to pay capital gains if i made a buck on a home sale or buy a new one for more within two years to deffer taxes...not now 250k tax free....my 100k credit card bal interest rates went up on the full balance even when i bought at 5% and then they wanted 12%.....(70;s-80's when CDs paid 15%)...not now....cc companies finally got controlled.
don't get me started on penny stock controls...and the joys of following the IHUB 'hotties'.....during the lat 12 years, as the toilet flushed away what ever i had left.
better luck to all in this new economy,
tom
AI
