Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Horace Heffner
On Sep 15, 2008, at 5:48 PM, Terry Blanton wrote: I moved to T Bills over a year ago. Will they survive? http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929 Tery You may be very happy about that choice. I didn't know money markets could fail like this: http://tinyurl.com/5a2cc8

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Jones Beene
- Original Message From: Horace Heffner I see palladium is really cheap these days, about half price: http://www.monex.com/monex/controller?pageid=prices I agree that Pd could be an excellent investment, since it has fallen much more than other precious metals, plus when the

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Terry Blanton
Do you want to hold the metal? How much you talking about? Short term or long? Here is the easiest way: http://bullion.nwtmint.com/palladium_maple_leaf.php You can get these through a metals broker, coin dealer, hell, even ebay. ;-) For large transactions you need a commodities broker like

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Terry Blanton
Oops! The mint is currently sold out of 1 oz. rounds. Terry On Wed, Sep 17, 2008 at 1:17 PM, Terry Blanton [EMAIL PROTECTED] wrote: Do you want to hold the metal? How much you talking about? Short term or long? Here is the easiest way:

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Horace Heffner
Leapin' Lizards! The London palladium ETF is up 10% today: http://finance.yahoo.com/q?s=PHPD.L Best regards, Horace Heffner http://www.mtaonline.net/~hheffner/

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Edmund Storms
Gold is up also because people are bailing out of paper money. The financial system is in the precollapse stage and the crew is going overboard. Ed On Sep 17, 2008, at 12:08 PM, Horace Heffner wrote: Leapin' Lizards! The London palladium ETF is up 10% today:

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread R C Macaulay
Howdy Horace, Was it my imagination, or did I read early this year that AIG had moved offshore to Caymans or Bermuda along with their 15 bil in cash. Further, congress had passed a law last year that allowed big insurance firms to maintain cash equivilant reserves in US banks in lieu of cash

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Terry Blanton
On Wed, Sep 17, 2008 at 4:20 PM, R C Macaulay [EMAIL PROTECTED] wrote: Warren Buffett skated on the deal last year that caught some AIG and Gen Re people playing poker with a pinocle deck and they got a few years at the desert hilton.. I love the analogy! Warren's brother Jimmy went offshore

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Terry Blanton
The real indication of demand is the differential between offer and demand prices. This is usually a fraction of a point but Pd is seeing several points spread. Terry On Wed, Sep 17, 2008 at 1:08 PM, Horace Heffner [EMAIL PROTECTED] wrote: Leapin' Lizards! The London palladium ETF is up 10%

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Horace Heffner
On Sep 17, 2008, at 10:56 AM, Edmund Storms wrote: Gold is up also because people are bailing out of paper money. The financial system is in the precollapse stage and the crew is going overboard. Ed Yes. I follow the Kitco graphs daily, and I don't recall ever seeing the x-axis

Re: [Vo]:[OT] Capitulation

2008-09-17 Thread Horace Heffner
On Sep 17, 2008, at 1:20 PM, R C Macaulay wrote: Not to worry.. if you want a safe haven for money.. it's not gold or commodities.. it's beer, whiskey and wine.. the stuff is selling in Galveston for real money while FEMA is giving mre's. water and ice away. another one of the surest

Re: [Vo]:[OT] Capitulation

2008-09-16 Thread Horace Heffner
On Sep 15, 2008, at 5:48 PM, Terry Blanton wrote: I moved to T Bills over a year ago. Will they survive? http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929 Tery Sure, but the dollars you get back might be worthless because the only way the government can pay for all this is to

RE: [Vo]:[OT] Capitulation

2008-09-16 Thread Remi Cornwall
@eskimo.com Subject: Re: [Vo]:[OT] Capitulation On Sep 15, 2008, at 5:48 PM, Terry Blanton wrote: I moved to T Bills over a year ago. Will they survive? http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929 Tery Sure, but the dollars you get back might be worthless because the only

[Vo]:[OT] Capitulation

2008-09-15 Thread Terry Blanton
http://dictionary.reference.com/browse/capitulation Capitulation A military term. Capitulation refers to surrendering or giving up. In the stock market, capitulation is associated with giving up any previous gains in stock price as investors sell equities in an effort to get out of the market