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Now that the stock market is safe again

coynclectercoynclecter Posts: 2,111
in Precious Metals
Maybe its time to sell my PMs and get back into stocks. I feel so much better that they have a strong enforcement arm in the SEC and the new COO has so much experience with corruption.
As a Goldman Sachs employee (notice I dont say Ex-employee cause we all know who he will be working for) he should have a real good understanding of Wall Street corruption.


Article

Now that there are so many foxes guarding the hens, its time to get a jackal to make sure the some of the smaller foxes dont take more than they are allowed.

Comments

  • Norseman88Norseman88 Posts: 962
    Of course now that the talking heads and analysts have proclaimed the economy is out of the woods I think I'll trust them and also liquidate all my precious metals and buy financial stocks.image
  • derrybderryb Posts: 36,797 ✭✭✭✭✭
    image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Yup, this is a great time to jump in and take on the bankers/brokers at their own flash trading game. Joe6Pack has just a good a chance as anyone. And now that the SEC has made is even safer by hiring a 29 year old seasoned GS "pro," where do I trade my gold in for GS stock?

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • coynclectercoynclecter Posts: 2,111
    Actually GS stock is about the only one I'd feel confident buying.

    Nothing like being on the winning side when the fix is in.
  • Norseman88Norseman88 Posts: 962


    << <i>Actually GS stock is about the only one I'd feel confident buying.

    Nothing like being on the winning side when the fix is in. >>



    They are the 600 pound Gorilla of the financial world backed by the fed so I can see your reasoning.
  • jmski52jmski52 Posts: 22,838 ✭✭✭✭✭
    now that the SEC has made is even safer by hiring a 29 year old seasoned GS "pro

    I'm sure that "Uncle Timmy" will help take care of him. Not to worry.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Posts like the OP, in quantity, are often an indicator of a coming correction in the stock market. --Jerry
  • cohodkcohodk Posts: 19,109 ✭✭✭✭✭


    << <i>Posts like the OP, in quantity, are often an indicator of a coming correction in the stock market. --Jerry >>



    I took the OP to be in jest.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭


    << <i>I took the OP to be in jest. >>



    Me too.
    Becky
  • coynclectercoynclecter Posts: 2,111
    Me three
  • Norseman88Norseman88 Posts: 962


    << <i>

    << <i>Posts like the OP, in quantity, are often an indicator of a coming correction in the stock market. --Jerry >>



    I took the OP to be in jest. >>



    Of course he was being sarcastic, not everyone can drink the koolaid.
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