tag:blogger.com,1999:blog-4921988708619968880.post2623422435583940427..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, August 12 2008: A bursting leveraged speculating community bubbleIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4921988708619968880.post-47744856418232078032008-08-13T12:52:00.000-04:002008-08-13T12:52:00.000-04:00You know, all of the financial meltdown stuff I be...You know, all of the financial meltdown stuff I believe has partly contributed to me getting an ulcer! I'd stop reading TAE, but it's like watching a train wreck in that you just can't turn away!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51239849305282752632008-08-13T10:52:00.000-04:002008-08-13T10:52:00.000-04:00Yesterday from Jenna Orkin:“According to a Russia...Yesterday from <A HREF="http://www.mikeruppert.blogspot.com/" REL="nofollow"> Jenna Orkin</A>:<BR/>“According to a Russian friend, Russian news is reporting that the conflict in the Caucasus was instigated by Georgia with material support, in the form of weapons, from the U.S. The <B>motive</B> was to benefit McCain by highlighting the need for foreign policy experience. The fact that the attack Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51556548147261000402008-08-13T08:58:00.000-04:002008-08-13T08:58:00.000-04:00Nice link Cowpoke. There is also a complement for ...Nice link Cowpoke. There is also a complement for theautomaticearth too. Jeromie says:<BR/><BR/>“The automatic earth covers it in one sentence. Markets are deleveraging. Absolutely! Leveraged positions are having their loans phased out. They must sell out and make good the losses or take out the residual profits. Big commodity players leverage no different than Yen Trade players or asset Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71479699910749694742008-08-13T08:01:00.000-04:002008-08-13T08:01:00.000-04:00El pollo, Years ago Doug Noland coined the word “...El pollo, <BR/><BR/>Years ago <A HREF="http://www.investmentrarities.com/thebestofdn11-14-06.html" REL="nofollow"> Doug Noland</A> coined the word “moneyness”. As part of blowing the credit bubble people were encouraged to believe many financial concoctions had qualities of moneyness that really didn’t. Cash and 3 month Treasuries are considered low risk and equivalent for collateral purposes. ToBigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79500943613569050712008-08-12T22:25:00.000-04:002008-08-12T22:25:00.000-04:00For the kind souls here who are concerned about ho...For the kind souls here who are concerned about holding their wealth in the form of electronic digits called U.S. Treasury bills... consider silver and gold bullion coins... both are currently on sale... but I think the sale ends at the end of the month. Just some food for thought. GSJAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89324262731048479392008-08-12T20:49:00.000-04:002008-08-12T20:49:00.000-04:00^ Anonymous ^I think the first article Ilargi aske...^ Anonymous ^<BR/><BR/>I think the first article Ilargi asked us to read in full helps explain why the oil price is having trouble gaining traction again.<BR/><BR/>"The pool of players willing and able to acquire US risk assets is being depleted by the week. <B>To be sure, the unfolding change of fortunes for the leveraged speculating community is one more key facet of tighter system credit and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-69690192778041240092008-08-12T20:33:00.000-04:002008-08-12T20:33:00.000-04:00Ilargi, I assume that the "bursting" of the commod...Ilargi, I assume that the "bursting" of the commodities bubble has come because of massive selling on the part of speculators that drove prices up in the first place.<BR/><BR/>That must be the case with oil, for instance: Russia is invading Goergia (a BIG hub for caspian oil) and the price still goes down??!!<BR/><BR/>Unfortunately, I have found no news about it in the media.<BR/><BR/>I think Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-74123734445815289302008-08-12T19:35:00.000-04:002008-08-12T19:35:00.000-04:00What exactly makes a mattress full of $100's safer...What exactly makes a mattress full of $100's safer than 3 month's treasuries (other than the question of whether your greater risk is with the banksters or the gangsters)? This is a serious question.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-67796263925574273022008-08-12T15:59:00.000-04:002008-08-12T15:59:00.000-04:00Short term (3 month) Treasuries should be no probl...Short term (3 month) Treasuries should be no problem because the government day to day money is right there; default on those and the government is (use your imagination) immediately.Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-15247348713358999622008-08-12T15:52:00.000-04:002008-08-12T15:52:00.000-04:00cjSame dilemma here. My understanding is that in ...cj<BR/>Same dilemma here. My understanding is that in my "flight to safety", that is purchase of treasuries, I am investing in the most toxic sludge of the credit bailout, the exact thing that I was trying to avoid. Or should I say investing in a bankrupt nation instead of a bankrupt bank. It's a catch 22. It was quite brilliant on Hank's part--getting conservative investors with the real Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-21441512084362461322008-08-12T13:05:00.000-04:002008-08-12T13:05:00.000-04:00For some reason I continue to have difficulty in p...For some reason I continue to have difficulty in posting a comment. Your system will not recognize my password. I have to sign up for an account each time I want to post.<BR/><BR/>In the past you stated that you thought that US Treasuries was the best way to go in protecting real savings. Is that still your stance?<BR/>I must say that I have a very hard time handing my real savings over to the cjhttps://www.blogger.com/profile/16547550864363110987noreply@blogger.com