Monthly Archives: October 2008

Platinum sold out in less than 24 hours

Did you see it at tulving.com? I saw it, and was still contemplating whether I should pay $129 premium over spot price, or more than 15% over spot. This morning waking up, it’s ALL gone. Incredible. Minimum order was about … Continue reading

Posted in Investing | 2 Comments

Final low is in?

I didn’t believe this from Bob Hoye, but maybe it could be true. He said that the low should occur by Oct 27 2008. The oversea rally seems to have confirmed this so far. I have got hurt very badly … Continue reading

Posted in Investing | 4 Comments

Markets won't bottom until US dollar tops

This morning US dollar index is at 87.237. It has been rising relentlessly with the merciless fall of the stock markets. The global hedge fund liquidation is still going on. Many lines have been drawn, the last one being at … Continue reading

Posted in Investing | 3 Comments

Depression?

Despite a very over-sold global stock markets, I start to think that one must consider the possibility of a Greater Depression. My biggest fear is obviously that we’re not even into the great negative ARM reset yet in mid-2009. Next … Continue reading

Posted in Investing | 6 Comments

A worsening picture for housing markets

I just checked the mortgage rates over the weekend. Just before the stock markets start to drop 7% everyday, the rates were pretty good at 5.875% for 30 years, and 5.375% for 15 years. Now the rates are about 6.25% … Continue reading

Posted in Investing | 6 Comments

Follow the smart investor Jim Rodgers

There are so many things that I want to blog about, but with things happening in a lightening speed, I simply cannot get to them. I think Jim Rodgers’ opinion sums up and represents my opinion very accurate: Jim Rodgers … Continue reading

Posted in Investing | 5 Comments

Silver & Platinum Extreme Shortage

I’ve tried to time the bottom of silver to make my “bulk” purchase. The bottom seems to be here, but to my amazement, both silver and platinum have basically “disappeared” on Earth. Initially, I thought it’s just something temporary. As … Continue reading

Posted in Investing | 4 Comments

A simple view of black swan event blowing up Wallstreet

Never say never. It’s always hard to say that the probability of an event is absolute zero. So let’s say you’ve got the following probabilities: 98% of the chance to earn 3% annualized return, and 2% of the chance to … Continue reading

Posted in Investing | 5 Comments

Wow! Markets are getting killed.

It almost looks like that this market will break 2002/2003 bear market bottom. Just another day and it will be there. Here is something for food of thoughts, from Todd Harrison: The path of maximum pain for most Americans plays … Continue reading

Posted in Investing | 4 Comments

Obama will win: false optimism and great inflation

I don’t know whether it is obvious to me, but it was obvious to me that Obama will win since this January. Of course, if Obama doesn’t win in November, I will really fall out of chair, and breaking my … Continue reading

Posted in Investing | 11 Comments