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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (80373)9/26/2011 2:56:08 PM
From: Maurice Winn1 Recommendation  Read Replies (2) | Respond to of 219911
 
Wow, Goldman Sachs ruling the world and I should prepare for it: <While he dreams of recessions, sees Goldman ruling the world, and urges people to prepare, it is hard to disagree with much (or actually anything) of what he says and obviously interventions and machinations means we will have days like this (in Silver for instance), there is only one endgame here and we hope there is less hopeful euphoria (and more preparedness) as we pull back the curtain further an further.
While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC.
>

Well, I did the obvious and checked the share price to see if GS was at $100 trillion or $10 trillion market cap [which I thought would be the right sort of size for something ruling the whole world. Maybe Yahoo! has the wrong price or something because that many zeroes wouldn't fit on their page, or maybe it's the wrong GS. But the market capitalisation is only $48 billion.

That's not a lot more than Qualcomm's spare change. Apple has more than that just in cash.

We do not know who that trader is, probably for a good reason. I think he won't appear on CNBC either.

GS will not be ruling the world and does not. They are just a smallish company which keeps track of financial instruments. There are many others you can use. That's why their share price is so low. I decided that GS is very cheap and I could rule the world by loading up my Tonka Truck with GS shares if that trader was correct. But he isn't, so I didn't. GS won't rule the world.

Mqurice



To: THE ANT who wrote (80373)9/27/2011 12:21:31 AM
From: elmatador2 Recommendations  Read Replies (1) | Respond to of 219911
 
The trader is telling: do not look at us, (finance) to save anything. We are in it to make money. Oh and by the way: don't even think about government coming to save you. Government don't run the show it is Goldman and Sachs.

Then he says: Just do like we do. Get prepared to make money in finance. That because your savings are going to be destroyed.

We (finance) don´t stop to think on improving the overall status of the economy. We look at the economy going to hell and we look at ways to make money as economy takes Charon's boat without paying the fee.

Charon or Kharon is the ferryman of Hades who carries souls of the newly deceased across the rivers Styx and Acheron that divided the world of the living from the world of the dead. A coin to pay Charon for passage, usually an obolus or danake, was sometimes placed in or on the mouth of a dead person.

Some authors say that those who could not pay the fee, or those whose bodies were left unburied, had to wander the shores for one hundred years. In the catabasis mytheme, heroes — such as Heracles, Orpheus, Aeneas, Dionysus and Psyche — journey to the underworld and return, still alive, conveyed by the boat of Charon.