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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (58690)4/19/2006 10:11:43 AM
From: shades  Read Replies (1) | Respond to of 110194
 
Right, as the printing presses go into over drive - everything is going to go up while the value of the currency plummets no?

Sandy Weill cashed in for 800 million clownbucks right? Where is he gonna spend all that money?

nypost.com

Riding a whirlwind of fawning press and gala events, including a star-studded party at the Metropolitan Museum of Art Monday evening, Weill's final meeting was held at Carnegie Hall, where a concert space bears his name.

Weill walks away having raked in close to $1 billion over the last decade at Citigroup and will receive a pension worth $1 million per year. Other perks include consulting fees of more than $3,800 a day, an office with related support, a car and driver, free flights on company jets, and insurance for him and his wife, among other benefits.



To: Crimson Ghost who wrote (58690)4/19/2006 10:12:14 AM
From: Tommaso  Respond to of 110194
 
Well, you see, a commodity is a real thing: copper, coffee, cocoa, corn, gold, silver, oil, natural gas, lead, zinc, cotton, and so on. People need or want commodities; they use them to stay alive or to enjoy life.

A stock is a piece of paper or an electronic entry. When people have to pay more for real things, after a while they have less paper money to bid up paper assets.

Except for short periods, stocks and commodity prices often trend in opposite directions.

It's more complicated than that, but I don't have time to write a book just this minute.