Skip to comments.Daily finance & investment thread (2-12-13 edition)
Posted on 02/12/2013 1:18:13 AM PST by dennisw
Trying to focus on the markets for today and each day and the economic news
A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow
freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism.
If you see another FR economic thread you like and want to link to it here, please do
Post your favorite economic site links. Your favorite precious metals blogs and sites
Apmex.com is a solid place with good reputaion to buy precious metals Kitco is a good site for charts and other precious metals information
Ping list -- on or off let me know here or via freep-mail. If I missed you then Fpreep-mail me
This thread would be vastly enhanced by the ability to post screenshots of charts.
I can’t post screenshots from my trading software because the firewall at work blocks photobucket and similar sites.
I was playing around at bigcharts.com but couldn’t get an image to post because it was driven by flash.
Please add me to your ping list.
As a partial answer on flash... you can press the *print screen* button on keyboard. Paste onto Paint. Crop and edit. Save. Email it to yourself in a gmail account.
try postimage.com for uploading pix though probably blocked for you at work
Peter Schiff talks about our downgraded national credit rating and the S&P and the housing bubble...which started a lot of this mess in the FIRST place. Grrr! (Full disclosure: I have a Fannie Mae at 3.9% through my Credit Union; I’m no idiot, LOL! And I CAN afford my farm and I WILL pay back every dime.)
“The 2011 downgrade came as the government passed a weak and inconclusive patch to the debt ceiling crisis. Now, a year and a half later, we see that they have slithered out of that poorly constructed straight jacket. With the new debt piling up faster than ever, and the government showing itself to be blatantly incapable of making hard choices, it should be clear to anyone with a half semester of accounting that the Treasury debt should be downgraded. Yes the government has a printing press, but that only means that the value of the bonds will disappear through inflation rather than default. S&P was far too lenient.”
IOW - We’re Screwed Again!
Much more useful than the Catholic Word of the day...
I’m watching AAPL (super-dividend?), MLM, oil stocks and finally gold & silver being kept artificially low as other countries buy it (Russia announced)
Yesterday, I started a new position in ALLT again (news of new contract) and switched in/out of 3X bear stocks as prices favored - still held some for insurance