Jump to content

fed balance sheet stinks


Recommended Posts

 

I posted this yesterday. The Fed is the last and biggest bagholder on the planet. The balance sh!t is nothing but worthless mortgage crap. Good job Ben! Way to save the planet. Now, what you gonna do with all that crap?

 

"According to its latest report, the US Federal Reserve owns over $1 trillion of mortgage backed securities, equal to 45.6% of the entire portfolio. One year ago mortgage backed securities were under 1% of its total assets. Actually the number was 0.6%, to make a 76-fold increase in toxic mortgage bond assets on the USFed balance sheet."

http://www.gold-eagle.com/editorials_08/willie121509.html

post-4028-1261090821_thumb.jpg

Link to comment
Share on other sites

  • Replies 50
  • Created
  • Last Reply
Yeah, I'm short. Waahoo. My shorts are now at break-even. <_<

I'll start celebrating when there's some gains involved.

 

Watching those ribs smoking away - Hickory wafting thru the air - 5pm. just cracked the first beer.

It's all about getting ready for tomorrow. B)

 

Sounds good to me ... Post pics tomorrow

Link to comment
Share on other sites

jickiss is back!

 

 

 

jickiss is back!

 

and

 

ok, so nobody cares about da Market tonight.

 

instead, we switch gears, and have a laugh! A Philly Laugh. Doc is from Philly, so is jick!

 

(fwiw, since da cops did not Show da (3) Tickets, (which they implied that they held), your jickiss says that in an Honest Nation, da bluz should be tried for entrapment)

 

but, alas, da Last Honest Man died what year in Merica????

 

http://www.philly.com/philly/news/homepage/79477647.html

 

click, it is really a funny story, for sure....only in Philly.

Link to comment
Share on other sites

NAZ Summation went negative again today. That has to be one of the weakest 6 week rallies in history on a summation basis.

 

Ass the good doctor likes to say...if that was the up phase......

 

 

http://stockcharts.com/charts/indices/McSumNASD.html

 

Looks like since the Oct. 21 high that shorts haven't run for cover sending the market higher.

 

Something has changed now.

http://www.StockSharePublishing.com/ChartL..._1261093143.png

Link to comment
Share on other sites

jickiss is back!

 

 

 

jickiss is back!

 

and

 

last post of da nite:

 

In re: GG

 

at this general Gold Price Level, if you can not figger out that GG is the MOST ATTRACTIVE take-over Target in the PM suctor, then, mayhaps, you do not work for Glockman.

 

remember, the PUBLICK is not in GG anymore....who do ya thimk has been buying Below the Zone of average or Fair Valuation.

 

Target = $100.

 

soon!

post-1911-1261094465_thumb.png

Link to comment
Share on other sites

jickiss is back!

 

 

 

jickiss is back!

 

 

and,

 

oops. meant to add this. a boi from Glockman is rumoured to be starting up a Big Gold fund early Jan 2010. How hard is it to figger out that you take big "parked positions" offa da Glockman Books, onto your fund, (yeah, Boyd did this stuff, and he be dead now HooHa) and then take on some leverage, then, induce a bidding war for GG to start, led by da Chinese who are dying to buy gold in da Ground at a discount, and then, presto, the whole fund goes up by 300% coming right outa da Box??????

 

naa, no body would try this stuff, would they??????

Link to comment
Share on other sites

jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

Dear Drano: in re GG buys CDE. at the right price, it would make sense. Since the GG mgt is anti share holders, and for the reason that the GG mgt has been installed by the dirty hand, that must have Kodaks of the GG mgt,

 

it seems unlikely that the GG mgt will take over CDE.

 

in addition, Thimk! that Mr. Sinclair HIMSELF has said on his website something like this: Before it is all over, Glockman (ok, he said Goldman Sachs, but here, we gotta be con-sistent) will make more money from the move up in Gold than any other entity.

 

you are quite correct in detecting that CDE is dirt cheep. it did have the 10 for one deal, so compared with the old shares, the stock is still FREEEEEEEEEEEEE.

 

jickiss!

Link to comment
Share on other sites

jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

Dear Drano: that film is excellent, and your jickiss has seen it before, of course. your jickiss was working in Philly back in 1980, and recalls the hit very well, as the roofers were becoming quite prominent.

 

what everybody ought to realize, of course, like the Royals in England, is that, for certain positions, (thimk the Philadelphia Club, as well, in Philadelphia) you really have to be Born into the group. Outsiders can do business, and even be resepcted, but they can never ascend to the very top. it is just impossible. to try is quite pointless, and, in fact, is foolish, indeed.

 

just like Tiger, there is at time to Quit, while one is ahead. to press on is to merely invite TROUBLE.

 

when your jickiss makes the Target Level, your jickiss will be out for good.

 

it is not easy to attain high targets, but to stay past the point of achievement in any field is always a Mistake.

 

the subject of the film did not have any idea of just how correct the above observations really are.

 

Thimk!

jickiss!!!!!!!

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...