Guest Posted September 17, 2003 Report Share Posted September 17, 2003 Last time I checked, silver was adding on 5 cents. Looking strong. Silver shorts are going to get toasted soon. Link to comment Share on other sites More sharing options...
machinehead Posted September 17, 2003 Report Share Posted September 17, 2003 I actually had crapvision on early and heard him. He is going to be giving a speech later today and I hope that I can find the text. The information is so shocking, that it is little wonder that he appeared before 7 am. ? ? ? His name is David M. Walker, U.S. Comptroller General CBNC guest list Preview of Walker's speech Link to comment Share on other sites More sharing options...
DrStool Posted September 17, 2003 Report Share Posted September 17, 2003 Would someone pls summarize what he said? Link to comment Share on other sites More sharing options...
BeerMarket Posted September 17, 2003 Report Share Posted September 17, 2003 MCHP "narrowed" their guidance: Microchip Tech Narrows 2Q Net, Sales Guidance Range stock price getting narrowed about $1 pre-market. Link to comment Share on other sites More sharing options...
wndysrf Posted September 17, 2003 Report Share Posted September 17, 2003 Gold $376 Link to comment Share on other sites More sharing options...
Guest Posted September 17, 2003 Report Share Posted September 17, 2003 Gold $376 Link to comment Share on other sites More sharing options...
rog Posted September 17, 2003 Report Share Posted September 17, 2003 Bank of England hinting that rates will be raised. UK short rates pricing in 50bp raise by the end of the year. Pound firming up. Yen traded through 86 without BoJ intervention to knock it back down for the first time in 8 months. No intervention, no pesos to goose US Treasuries. Maybe Al's friends are leaving the party Link to comment Share on other sites More sharing options...
BeerMarket Posted September 17, 2003 Report Share Posted September 17, 2003 any bad weather / flooding will be a convenient excuse for any "unexpected" slowdown in the consumption fest this month. Link to comment Share on other sites More sharing options...
Guest Posted September 17, 2003 Report Share Posted September 17, 2003 Would someone pls summarize what he said? Only caught the last minute Doc. He sounded the "we must do something now" alarm on the national debt. Said something like that if you take the current published government debt numbers and multiply them by ten you will get the true government obligations. Link to comment Share on other sites More sharing options...
machinehead Posted September 17, 2003 Report Share Posted September 17, 2003 Only caught the last minute Doc. He sounded the "we must do something now" alarm on the national debt. Said something like that if you take the current published government debt numbers and multiply them by ten you will get the true government obligations. The Net Present Value of current obligations has been calculated by Gokhale and Smetters at $44 trillion -- almost four years of GDP. It's already over. Not until the dollar dies and interest rates soar to double digits will the public hear the crack of doom. And then it'll be even MORE 'already over.' Link to comment Share on other sites More sharing options...
DrStool Posted September 17, 2003 Report Share Posted September 17, 2003 Your Anals Opening Intraday is up and ready for download. Take a subscribatory, open it and download it RIGHT NOW, along with everything else in your Anals!? Fine tune your timing! Stooltrading is the place! Join your fellow stoolies sharing charts, trading signals and ideas! Each has a different style, and one may be just right for you. Doc gives his commentary as well, with illustrations of intraday cycles throughout the day with projections for highs, lows, and cycle time turns for the SPX and QQQ. He also gives cmap targets for individual stocks by request. There are no superstars in Stooltrading, just Doc and a group of hard working Stoolies, honestly trying to help each other and themselves, constantly checking and balancing one another's views. Our Founding Fathers knew it's good to have checks and balances. The more checks the more the balances. So take a subscribatory to Stooltrading RIGHT NOW, and increase your checks and balances! Become a Stooltrader and join the fun!? Link to comment Share on other sites More sharing options...
wndysrf Posted September 17, 2003 Report Share Posted September 17, 2003 Bank of England hinting that rates will be raised. UK short rates pricing in 50bp raise by the end of the year. Pound firming up. Yen traded through 86 without BoJ intervention to knock it back down for the first time in 8 months. No intervention, no pesos to goose US Treasuries. Maybe Al's friends are leaving the party Lance Lewis said that when the Yen breaks to the upside, that will be the key to gold's continued rally, since it often follows the Yen for some reason....... Link to comment Share on other sites More sharing options...
Guest Posted September 17, 2003 Report Share Posted September 17, 2003 The Net Present Value of current obligations has been calculated by Gokhale and Smetters at $44 trillion -- almost four years of GDP. It's already over. Not until the dollar dies and interest rates soar to double digits will the public hear the crack of doom. And then it'll be even MORE 'already over.' Yes, that is the impression I got also. It's over. Thanks for the links. Maybe c-span will cover the speech. <_< Link to comment Share on other sites More sharing options...
Yaryman Posted September 17, 2003 Report Share Posted September 17, 2003 His name is David M. Walker, U.S. Comptroller General CBNC guest list Preview of Walker's speech Here's a link to a LA Times story on Walker. The US is going to hell in a hand basket At least the LA Times online put the story near the top of the page, while Crapolavision puts it on while nobody is watching. Link to comment Share on other sites More sharing options...
dozer Posted September 17, 2003 Report Share Posted September 17, 2003 Is anyone else having a problem with typing in the box? Seems there may be a conflict with the java applet. Too much code on the page perhaps? ooohhh Doc, if ya did something to the stool, please, change it back. it's coming up all whacky this morning....the whole page is super wide....it's loading some kind of nasty java applet that eats bandwidth on this poor slow modem connection....it's eating cpu and slowing the trading software down....arrrhhhhh :D doc, the whole page comes up about twice as wide as normal, if that helps troubleshooting. moanin' all ! Link to comment Share on other sites More sharing options...
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