GoldFinger1969 ✭✭✭✭✭

It's not a car or a room that was damaged by fire. It represents years of sweat equity...travel....false leads....being outbid before you got lucky one time....numerous trips to coin shops, loca… (View Post)

Coastal, the PE guys have more cash that is uninvested. I think the LAST thing they need is more $$$ !! :D On LEH, MLPF&S, CW, etc.: focus on the leverage, NOT the assets. The assets were mediocr… (View Post)

OPEC fell apart in 10 years. You really expect to sell people that an anti-silver conspiracy has been holding up for 47 years ? :D :D :D (View Post)

MBS market was $9.5 trillion in 2008. Only a few hundred billion in Agency GSEs failed; about the same amount in non-Agency. Total "bad" MBS well under $1 trillion. The problem wasn't … (View Post)

They were designed to add liquidity to the Repo market. The TOTAL was under $300 BB as I recall, maybe $250 BB. The Fed made about $1 billion in fees. 99.9% of the assets were money-good. They wouldn… (View Post)