don scott's (luckyblog) Blog

If this trend continues, you will lose 90% of your money in stocks and mutual funds. There is only one ray of hope and that is if we get BIG, BIG, BIG, BIG TRADING VOLUMN. For every seller there is a buyer and heavy volumn tells you that large sell trades are finding buyers, at this point the fat...

Ficticious real estate sales and ghost buyers in the sub-prime mess. Once it gets this bad you have to ask yourself, would you like to go down the 2000 tube now or if we emulate the asians go down in flames later. LATER, LATER! China selling killer chemicals to babies and children trumps the derv...

Unaccepted accounting practices is now accepted accounting to save whatever entity that has been affected by the credit crunch. This marks the end of civilization and of course the blog. Civilized now becomes uncivilized with all its trappings. If there is to be a blog, you make it out of concret...

Well the feeding lot gate has been closed as today's news is that gold and silver can not be easily found. One comment was that some back in the woods mint in Pennsylvania may still have some silver for sale. To refresh your memory again, gold and silver in your hand is about the only investment ...

China and Japan both own one trillon dollars in US Treasuries or half of these debt instruments outstanding. Others including Russia and the gulf oil states own a good amount as well. These purchases are the direct result of a positive trade balance with the United States. During a global slowdow...

It would be far better to create a $700 billion dollar venture capital fund used precisely to unfreeze the capital markets. Virtually every dollar would then be used as it was designed and bypasses any possibility of any banks holding back. Consider that the current quagmire to be Dante's 7 ring ...

The ongoing de-leveraging process will probably cut in half investment grade P/E Ratios (price/earnings). Back in times when thoughts of blue skies and amber waves of grain in Kansas the P/E ratios were: average stocks 6/1; growth stocks 15 - 20 / 1. These P/E ratios are now trading considerably ...

Prior to the toxic mortgage bailout the US Treasury reported that global capital was insufficient to fund the monthly US debt requirements. Normally these reports bounce around sometimes the account is positive and sometimes it is negative. The outrageous 700 billion dollar mortgage suggests that...

Thursday and Friday stock market trading confirms that the majority of investors believe that Senator Shelby is right. The US Treasury and The Federal Reserve are still putting out brushfires and lacking a comprehensive plan. The big, big, big, big volumn occured in gold on Obama's watching...

The heart of the financial crisis is the OTC derivatives meltdown. Senator Harry Reid said "They have no idea what to do." Actions to be taken by the US Treasury and Federal Reserve Board to restore market confidence being touted in the media simply will not work the derivatives experts say . The...