InvestorsHub Logo

starboy

10/21/08 2:27 PM

#24029 RE: DeepBlue1 #24028

I like Rick Santelli's no nonsense comments as well, (though I don't always get his bond and interest remarks) and Bob Pisani's ok too.
Erin and Maria are sharp, but where are their hair stylists for the kind of money they make! Lol!

I'm stocking up on canned stuff from the 99cent store, lol.

Really, the CSD's are either mostly paid for or a Democles sword hanging, waiting to fall and end this fake run up of late back over 9,000 in the Dow.

From Wikipedia:
The Damocles of the anecdote was an excessively flattering courtier in the court of Dionysius II of Syracuse, a fourth century BC tyrant of Syracuse. He exclaimed that, as a great man of power and authority, Dionysius was truly fortunate. Dionysius offered to switch places with him for a day, so he could taste first hand that fortune. In the evening a banquet was held, where Damocles very much enjoyed being waited upon like a king. Only at the end of the meal did he look up and notice a sharpened sword hanging by a single horsehair directly above his head. Immediately, he lost all taste for the fine foods and beautiful boys, and asked leave of the tyrant, saying he no longer wanted to be so fortunate.[1][4]

Dionysius had successfully conveyed a sense of the constant fear in which the great man lives. Cicero uses the story as the last in a series of contrasting examples towards the conclusion he had been building towards in this fifth Disputation, in which the theme is that virtue is sufficient for living a happy life.[5] Cicero asks

"Does not Dionysius seem to have made it sufficiently clear that there can be nothing happy for the person over whom some fear always looms?"[6]


Point being, as you remarked, too much is still not known, to really turn the markets around at this point. Bottom feeding going on for supposed value, and day trading, right now...



Starboy

starboy

10/22/08 1:18 PM

#24030 RE: DeepBlue1 #24028

DB1, this article, linked from www.thebulliondesk.com pretty much mirrors and clarifies our take on silver and gold.

Nice summation of the issues regarding supply, current silver investmenting, mining, and the silver/gold ratio.

http://www.moneyandmarkets.com/yes-we-have-no-silver-2-27680