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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (120662)	5/12/2009 6:19:58 PM
From: axial	3 Recommendations Read Replies (1) \| Respond to of 206200

Interesting. These days, we see fascinating disparities between news "as reported" and "as posted" on SI. Example: tight credit since last fall. I've seen many posts indicating no substantial difference in credit availability. Others indicate creditworthy customers with healthy businesses, suddenly cut off. After oil hit $147, I saw a noticeable decline in Vancouver rush-hour traffic that lasted until recently; now, it's crept back to normal. This is a strange time. Just posted elsewhere that it reminds me of the Phony War in England, before Dunkirk. Lovely weather, fighting "over there", but life went on in a kind of suspended reality. Many respected observers say things are bad. So do the statistics. The Washington/Wall Street spin is that Things Are Getting Better. Listened to Meredith Whitney on banks this morning; reality is diametrically opposed to their stock performance, but the prices keep climbing. Same with crude. Yet inventories are near capacity, and growing. Something is wrong here. This can't last; it's denial, Big Time. I've gone to cash again, just like 2007. "The market can stay irrational longer than you can stay solvent." Jim