DrStool Posted October 9, 2006 Report Share Posted October 9, 2006 When Columbus hit the beach, he was running a little low on cash. He asked the first native American he met where the nearest bank was. The native American said, "Banks closed today." "Oh, really?" asked Chris. "Why is that?" To which the native American replied, "Today Columbus Day." apologies to Stan Freeburg. Link to comment Share on other sites More sharing options...
DrStool Posted October 9, 2006 Author Report Share Posted October 9, 2006 My podcast interview of Fleck has attracted its first hate response in the comments section of the podcast announcement on the WSE. http://wallstreetexaminer.com/?itemid=3051 If you have anything to add, please do. Link to comment Share on other sites More sharing options...
Last Dollar Posted October 9, 2006 Report Share Posted October 9, 2006 I saw this on a sign today: dumpinghomes.com Link to comment Share on other sites More sharing options...
Black Prince Posted October 9, 2006 Report Share Posted October 9, 2006 The Mogambo's closing comments were to good to pass up. And speaking of silver, something big is coming, as we gather from David Bond at the Wallace Street Journal, who got it from Peter Spina at Goldseek.com, who got it from Ted Butler at InvestmentRarities.com, that "Barclay's iShares filed Securities and Exchange Commission S-1 to acquire another 168 million ounces of silver." Mr. Bond helpfully notes, "That would be 11,525,000 pounds, or 5,232,452 kilos, of the stuff", which is roughly "one-tenth of the entire output of the Coeur d'Alene Mining District since the 1880s." Supposedly, this is more than the entire stock of silver in the Comex warehouses! Until next week, The Mogambo Guru for The Daily Reckoning Mogambo sez: If you are not buying more gold and silver at these ridiculously-low manipulated prices, then you are making the biggest mistake of your life. And that egregious mistake is why the rest of your life will be spent reading investment commentary, like the stupid Mogambo Guru, instead of drinking champagne at a fabulous luxury resort and hanging out with your rich friends. Link to comment Share on other sites More sharing options...
Black Prince Posted October 9, 2006 Report Share Posted October 9, 2006 Also from Daily Reckoning. No one knows why, but the absurdity didn't end with the long, pointless war...it just seemed to pick up speed. And by the '30s...practically every major nation was caught up in the farce. The only major exceptions were France, Britain and the United States. And in these countries, too, the institutions of relatively free societies were twisted into hideous new shapes. In all three, taxes were raised...robbing one group of citizens in order to spread the money out among another, more numerous, group. New 'social welfare' programs were imposed - following Bismarck's example - which undermined private, voluntary institutions in favor of the power of the redistributive police state. But the changes were far worse elsewhere. Germany was taken over by the Nazis. Italy by the Fascists. Japan by Militarists. China by Maoists...Nationalists...and the Japanese! And, of course, Russia, by the Stalinists. It has only becone worse. Link to comment Share on other sites More sharing options...
hokahay Posted October 9, 2006 Report Share Posted October 9, 2006 I saw this on a sign today: dumpinghomes.com <{POST_SNAPBACK}> " Live upstairs and rent the downstairs to graduate students" hahahaha. It's a one story! Link to comment Share on other sites More sharing options...
Big Doo Doo Posted October 9, 2006 Report Share Posted October 9, 2006 Drano, Double bottom could be in: Could be one heck of a short squeeze on any good news: http://www.nasdaq.com/asp/quotes_full.asp?...t&selected=BPUR End of day volume and price rise on today's intraday chart looks like shorts may be getting a bit nervous. Link to comment Share on other sites More sharing options...
Dr Bob Poodit Posted October 9, 2006 Report Share Posted October 9, 2006 I saw this on a sign today: dumpinghomes.com <{POST_SNAPBACK}> " Live upstairs and rent the downstairs to graduate students" hahahaha. It's a one story! <{POST_SNAPBACK}> that dump will never sell no stainless steel no granite counter tops clearly a fraud to bait the bears Link to comment Share on other sites More sharing options...
mdporter Posted October 10, 2006 Report Share Posted October 10, 2006 I saw this on a sign today: dumpinghomes.com <{POST_SNAPBACK}> Wow, the remodeler really beat the interior with an ugly stick, especially the floors. Probably got it all from home depot on credit. Link to comment Share on other sites More sharing options...
mdporter Posted October 10, 2006 Report Share Posted October 10, 2006 Today GOOG's management proved that they are idiots (albeit very, very rich ones). $1.6 billion for a company that has no revenues and was based (until today) on copyright infringement. At least they didn't pay cash, they instead printed up more GOOGbucks and paid in stock. Simply incredible. Link to comment Share on other sites More sharing options...
Gamma Posted October 10, 2006 Report Share Posted October 10, 2006 NSR up 1.26 Link to comment Share on other sites More sharing options...
Brisbane Bear Posted October 10, 2006 Report Share Posted October 10, 2006 I love youtube. , Link to comment Share on other sites More sharing options...
LeeWhee Posted October 10, 2006 Report Share Posted October 10, 2006 Today GOOG's management proved that they are idiots (albeit very, very rich ones). $1.6 billion for a company that has no revenues and was based (until today) on copyright infringement. At least they didn't pay cash, they instead printed up more GOOGbucks and paid in stock. Simply incredible. <{POST_SNAPBACK}> GOOG has $9B in cash too. So they could have paid for YouTube by just gathering up all the loose change they have lying around in their desk drawers. A couple of billion sounds like a lot of money. But merely chump change these days. Not really sure why GOOG felt the need to spend this money when it already has a video platform (Google Video). Seems like they could toss a few hundred mill into Google Video and blow YouTube out of the water. But that might've taken a year or three to accomplish and, by acquiring YouTube, they gain an instant global market leadership position in online video for now. I guess having $9B in cash and a market cap of $131B makes these decisions pretty easy. Why split hairs for a couple bil? The real advantage will come if/when GOOG is able to corner the copyright market and offer exclusive content. Anyone can technically put up an online video library. Not hard to do. But doing it legally and exclusively will likely take major deep pockets. And GOOG certainly has that at this point. Link to comment Share on other sites More sharing options...
Tzu Posted October 10, 2006 Report Share Posted October 10, 2006 Where is The End? http--img.video.msn.com-s-us-i-vlbg.gif dmm, there is some unreal stuff on utube that shouldn't be there. Graphic killing, people dieing, the whole nine yards. That doesn't even mention the massive amounts of copyrighted material. I can't tell what is actually being put out there on purpose. Lets take Pink Floyd. One of TE's favorite bands http://www.youtube.com/results?search_quer...d&search=Search wow! I only see legal ones for the hit series "Lost", but then again there are 32000 pages of clips. http://www.youtube.com/results?search_quer...t&search=Search The cartoon South Park has full episodes. I am sure they are everywhere. Link to comment Share on other sites More sharing options...
lineup32 Posted October 10, 2006 Report Share Posted October 10, 2006 NSR up 1.26 <{POST_SNAPBACK}> Gamma, nice to see the cash register ringing for you! Link to comment Share on other sites More sharing options...
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