Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TH who wrote (102853)	4/24/2009 2:53:55 PM
From: Sam	Respond to of 110194

Equities and gold would absolutely rock. You mean gold stocks, I presume? Not equities in general. How do you see Ford below $5? Or are they destined in the ripeness of time to be a flea bitten carcass along with the remains of GM and Chrysler?

To: TH who wrote (102853)	4/24/2009 11:04:41 PM
From: Jimh068	Respond to of 110194

GM Liquidates Two Employee Benefit Plans Posted by Tyler Durden at 5:27 PM In an 8-K just released, GM has announced that it has liquidated two key employee benefit plans (the Savings-Stock Purchase Program and the Personal Savings Plan). The plan custodian State Street started selling the plan assets, consisting entirely of GM stock, on March 31 and reinvesting proceeds into fixed-income investments and money market funds. The plan liquidation is permitted if State Street determines one (or both) of the following: "(A) there is a serious question concerning General Motors Corporation’s (“GM” or the “Company”) short–term viability as a going concern without resorting to bankruptcy proceedings; OR (B) there is no possibility in the short-term of recouping any substantial proceeds from the sale of stock in bankruptcy proceedings." The liquidation is expected to have been completed by the end of business today, which likely explains the 8-K hitting SEC after market close. Looks like yet another slap in the face of GM employees, not to mention a glowing endorsement of the automaker's viability. Sphere: Related Content

To: TH who wrote (102853)	4/26/2009 11:18:19 AM
From: Jim McMannis	Respond to of 110194

RE:"My primary competitor will announce on Monday they are done. Game over. Remaining players may eat the carcass. I'm hungry and already have an invite to dinner." What are you manufacturing/supplying to GM, F? If I may ask. TIA.

To: TH who wrote (102853)	4/26/2009 9:55:59 PM
From: dave9	Respond to of 110194

No Force Majeure Clause in the po? For some, the bankrupt penny stock GM did not happen last night but was predicted over a year ago. For others, last Thursday. Would not GM shutting down trigger a FM clause? Be careful. Be ruthless. I've been waiting for an automotive industry update.

To: TH who wrote (102853)	4/28/2009 1:12:47 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 110194

TH, Salbuchi (argentinian economist) has an interesting take on where gold may go... youtube.com youtube.com both videos are well worth the watching time, but if you want to focus on his two tiered gold theme, you can start at 2:00 in the second video. he speaks of "financial sacred gold" or "federal reserve gold" or "pagan gold."

To: TH who wrote (102853)	4/29/2009 12:28:44 PM
From: Stoctrash	3 Recommendations Respond to of 110194

TH..Auto Czar update: I spoke with the President of a regional auto dealer association last night. He was invited to DC a week ago, meeting all the "brains" in DC who think they know how to run a biz. The 2nd in command to Mr. "Czar" Rattner actually said a comment like this in a closed door meeting: "if we close half the GM dealers it's not that big of a deal because 90% of those workers will be absorbed by the existing dealers." One of the industry guys then asked him how much CA weed he had been smoking.