Btw, it's spelled "collapsing" & "vertical"-----------have a nice day----

-- Modified on 1/25/2012 1:44:01 PM

Bank of America will have a bigger percentage move upward than oil for 2012.

Double or nothing on that bottle of Krug you owe me.

   Mr. NoGood says BOA is "doomed" and oil will "skyrocket."
I say he is wrong. What say you?

    I'll give St. Croix the same bet, except instead of oil we will substitute his favorite chardonnay maker, Constellation Brands.

It's a very interesting bet that I will not lightly dismiss.

ng of course is very easy to dismiss as he is a hysterical, chicken little rabble rouser who only occasionally makes any sense.

Mari, I am on a plane at the moment, just getting back from the Bahamas, let me take your bet under advisement and get back to you tomorrow. Feel free to remind me if you like. I might make a friendly wager, but it's a bet I really don't want to win. If BOA tanks again and the price of oil doubles, I won't have to go to third world countries any more, the US will become one. Truthfully, I don' think that is going to happen, nor do I wish it to.

Contrary to WW's opinion of me, I don't want to get rich at the expense of the entire nation going down the shitter, I am doing just fine the way things are TYVM.

BAC closed at $7.35. A 30% move gets BAC to $10, which is very doable based on a simple value play. It's already up 40% over the past month. Oil is at $100, and would have to spike to $130. A lot of weird shit has to happen for $130. Now maybe if you changed the bet to the first one that gains 30% from today's closing price (BAC to $10 and oil $130). This removes 12-31-2012 from the bet.

I'm not picking Constellation Brands. What do they sell, wine in a box? Jesus marikod, why don't you just pick Gallo (lol). Keeping with the vice theme, I'll take Las Vegas Sands, MGM Grand, or Wynn. Pick one for me.

I don't drink champagne. How much does that shit cost, $300? Think of something else worth that amount of money.

BOA must sail through a fleet of black swans to avoid tanking again – the March stress test, rejection of the robo-signing settlement, the mortgage clawback litigation, the AIG suit, the collapse of European banks, and the remaining countrywide lawsuits.

  Conversely, oil could spike up if the Straits of Hormuz are blocked (very unlikely), Israel bombs Iran (that could happen), or some other Mideast calamity de jour occurs. That is why we have to give BOA a bit of a head start.

    Hey, if Gambler is willing to bet on a Willy posting hiatus he ought to be willing to take oil over BOA.

    Now back to the Duke-Maryland game. How about this-number of wins by Duke vs, number of wins by UCLA from this point forward. I'll give you 2 to 1 odds.

and besides only Iran is doing this to avoid US sanctions.

    Oil is priced by dollars and my guess is India will simply value its gold by the spot price in dollars and trade for a dollar equivalent amount of oil.

EVERY country in the world now seeks to buy oil with gold...

http://www.infowars.com/india-to-pay-gold-instead-of-dollars-for-iranian-oil/

Iran to sell oil to Japan, India, China and Russia FOR GOLD

http://adask.wordpress.com/2012/01/24/iran-to-sell-crude-oil-for-gold/

DEATH TO THE DOLLAR!

War with Iran IS ANY DAY NOW... as we try to replace Iran's government to a puppet regime that wont sell oil for gold


The price of oil will SKYROCKET any day now!!!


http://quotes.ino.com/chart/?s=FOREX_XAGUSDO  silver



-- Modified on 1/25/2012 1:38:07 PM

You know the greenback is in trouble when organized crime now prefers payment in euros.

Don't know why they don't seem to be related, so while gold has gone up, silver ALWAYS stayed low...


THIS IS BIG NEWS FOR THE DOLLAR!


That was OBVIOUSLY a typo you spelling nazi - so what you can spell...LOL

This video will make it real simple for you to see, the only thing that had value the whole time was gold - the paper was and is, as the narrator states, an idol of worship.

http://www.youtube.com/watch?v=FJuN2s5gP-8

OR, to our "recovering" economy

-- Modified on 1/25/2012 3:26:14 PM

They are not going to do that and I presume you mean link the dollar to the price of gold as we did in the fifties, not link oil to gold. But where are you getting that idea.

what do you think that will do to the price??

What your news not talking about this??


What do you mean where did i get the idea?? Do a yahoo search on iran selling oil for gold..


However I do AGREE that pegging oil to gold would stabilize the price... RIGHT AFTER, it skyrocketed



-- Modified on 1/25/2012 4:13:07 PM

But I wouldn't be one, if this shit really wasn't happening...


YEA,. I am making ALL this shit up..lol


Tell ya what...

I'M PREPARED, and either way I win...


I moved my assets to physical over a decade ago



-- Modified on 1/25/2012 4:23:20 PM

The masses are fooling themselves if they invest in BAC. The blip up is a knee-jerk reaction to Obama's plan to support more mortgages. BAC still has tons of toxic mortgage assets that it needs to dispose off.

-- Modified on 1/25/2012 5:51:16 PM

Things are falling apart! and what may feel like the end of the world are really the beginnings of the new one..

and hopefully, if we let this system fall away, and don't hold on to it, or look to it for any answers to the problems they caused we won't get their banker funded new world order


http://www.google.com/search?q=saudi+arabia+may+send+troops+to+iran+over+strait+of+hormuz&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a







-- Modified on 1/25/2012 7:18:01 PM

Come on mari, why will ANYONE continue selling oil for the worthless dollar when they can get VALUABLE GOLD???


Ohhh, you must think the US dollar is still valuable...lol

-- Modified on 1/25/2012 7:33:32 PM

Looks like we sold the Saudis those F15 fighters just in the nick of time then.

"TEHRAN, Iran (AP) — Iran's parliament will begin debating a draft bill requiring the government to immediately halt oil exports to Europe, a prominent lawmaker said Wednesday, as Tehran weighs its options following the European Union's decision to stop importing oil from the country"

Sooner or later, Iran will be attacked. Probably moments after their first nuclear warhead goes live. Heaven help us all if Iran develops nukes.

Then you tell me who is the danger!

IMHO- We're the biggest threat here, and were the ONLY ones going around the world blowing up country after country...

Iran has as much of a right to have a nuc, as we do..

The truth is NO ONE should have any nuclear weapons, but because we do, and we go around the world blowing shit up, other country's feel they need to...

How many people have we killed?

Not that ANY war is understandable, but if your gonna fight with someone, at least Iraq is their neighbor, atleast that could explain why they had problems..

NOTHING can explain why we go half way around the world and call it defense..


Defense of what? OIL

Defensing the oil AND poppy seeds of country after country, so our government can control all the resources with cheap or free access so they can make a huge profit for their buddies the bankers, big oil, and big pharma

ONTOP of making a killing controlling the poppy fields fighting their "drug war"


WE DO ALL THIS FOR MONEY!

Greed kills



-- Modified on 1/26/2012 9:32:18 AM

Iraq and Lebaron.

go deep in your heart for me and ask yourself if you really think we spread "democracy" and "freedom" bombing the hell out of people and their countries??

Do you think after you drop bombs on people they will want your democracy?

The last thing they want is that, and were forcing them..That's why we bomb the hell out of country after country...

I know that search will tell you 135..

But 135 was the number BEFORE Libya syria and some other countries down in africa we've recently sent troops to, also known as occupying

Jl, the proof is in the pudding..

Look how many countries we're occupying.. Other nations see us as the threat, FOR GOOD REASON!

If we didn't have nuclear bombs, and we'rent invading country after country no other country would want nuclear bombs

Our troops are on ALL of Irans boarders because we've invaded all their neighbors In iraq and afghanistan..

No wonder Iran would want a nuclear bomb, looks like she's gonna need to DEFEND herself...Because it looks JUST LIKE we're trying to offend Iran by building bases on her boarders and pointing rockets at her 24 7



-- Modified on 1/26/2012 11:22:12 AM

Iran has only invaded one or 2 countries (Iraq for one).

But the danger that Iran poses isn't in a traditional warfare sense. Iran's danger is in the form of subterfuge and terrorism.

I wouldn't put it past Iran to sneak a nuclear warhead into Israel or the US, once Iran starts producing them.

When it comes to countries like Iran, I'm not going to let something like Iran's right to have nuclear weapons get in the way of attacking Iran before they actually get a nuclear weapon.

There are just some countries that you cannot allow to have nukes at any cost and Iran is one of them.

I really think WWI, WWII and Korea were ok wars to be in. All the rest were BS wars we shouldn't have had.

That not to say there would not be really bad reprisals for screwing with us. I mean really bad, but Cruise missiles, covert operations and cannon fire can accomplish a lot. I don't think we should get mad and start a war, just get a little more than even.

Who are we to distinguish between which kind of warfare is terrorism??

I mean why is their warfare less terrorizing than ours, is my point..

Great question. The answer is basically we are a global superpower and Iran isn't. It's not a fair or equitable attitude for the US to have to be sure, but it's the truth. It's also why many countries dislike the US to varying degrees.

I also think the difference between how terrorizing each countries' warfare is smaller than most are willing to believe. I am convinced that the US aided Israel in assassinating those Iranian nuclear scientists. Not exactly civilized by any stretch of the imagination, but quite effective for the time being.

Sooner or later, Israel and the US will attack Iran and put those nuclear enrichment facilities out of commission.

And then all hell will break lose...

I wouldn't consider the US having military bases on foreign soil an "occupation" as we do have treaties with those countries that permit us to establish a military presence there, including Afghanistan and Iraq (until recently).

It's be like saying that we "occupy" every country that we have an embassy in (which would result in a much greater number than 135).

Don't forget the:
Revolutionary War (War for Independence)
War of 1812 (Revolutionary War Part 2)
Mexican American War (to protect our legal annexation of Texas)
US Civil War (to keep the Union together and free the slaves)
Spanish American War (to protect Cuba from Spain)

Those were all "OK" wars to be in as well.

treaty or not


THE PEOPLE, of the country's end up hating us..


How would we feel if our government, allowed a Chinese military on our soil?


IT'S THE SAME THING!

-- Modified on 1/27/2012 3:58:51 AM

I can agree with that. But it still doesn't mean that having US bases in foreign countries equals an occupation, no matter what that country's population thinks about it. That's as silly as some saying that XLVI=4, when it really equals 46.

That's always a distinct possibility. But until that happens, the US is still a superpower and will continue to impose its definitions on other countries simply because it can.