There's rules to this s**t, I wrote me a manual
A step by step booklet for you to get
your game on track, not your wig pushed back
The Ten Crack Commandments, Notorious B.I.G.
You want to survive this crash and the next one? Then follow Downtown Josh Brown's Rules for Surviving a Crash:
1. Acknowledge that its a crash.
2. Pencils Down!
3. Don't listen to "stockpickers" or sell-side equity analysts.
4. Ignore the asset-gatherers and the brokerage firm strategists
5. Also, margin balances must get cleaned up immediately
6. Make two lists
7. Watch sentiment more closely
8. Abandon any hope or intention of catching the bottom.
9. Suspend disbelief.
10. Stop being a know-it-all and shut up.
Read More: http://www.thereformedbroker.com/2011/09/22/the-ten-crash-commandments/
20 Quotes From European Leaders Reveal A Financial Doom
The financial crisis in Europe has become so severe that it has put the future of the euro, and indeed the future of the EU itself, in doubt. If the financial system in Europe collapses, it is going to plunge the entire globe into chaos. The EU has a larger economy and a larger population than the United States does. The EU also has more Fortune 500 companies that the United States does.
Coal Prices Report: What To Buy Before Coal Prices Climb
For most of the past 50 years, since the birth of environmental awareness, coal has been the "black sheep" of the power-production family. Now, thanks to more efficient furnaces, better exhaust-scrubbing systems and other technological advances, coal is regaining favor in the world's energy markets.
However, the biggest factor in coal's recent price surge is steadily increasing demand for the fossil fuel - in power generation and steel-making - aided by rising costs for other types of fuel, like oil and natural gas. The question for investors, of course, is will this rising demand continue - and how can you profit if it does? The answer to the first part of that question is almost certainly, "yes," but the second part is a little trickier.
Read More: http://moneymorning.com/2011/09/23/coal-prices-report-what-to-buy-before-coal-prices-climb/
Bull vs. Bear: A Technical Look at Gold, Silver and Stocks
After gold and silver got hit hard last week, some of you probably wonder if that was the end of the 10 year+ bull market for precious metals. In this article, we will describe both the Bull & Bear Cases for Gold, Silver and Stocks and we will also make some interesting comparisons. Let’s start off with the Bull case for gold.
Read More: http://www.econmatters.com/2011/09/bull-vs-bear-technical-look-at-gold.html
Roubini and Soros Say The U.S. Already in A Double Dip Recession and Warn of Uprising
Dr. Doom Roubini has grown even more pessimistic since he put a 60% probability of a U.S. double dip in 2012 just about three weeks ago. Business Day reported that speaking at a press conference in Johannesburg on Sep. 20, Roubini now says, "The US is already in a recession although it will not admit it." and that the rest of the world would not be insulated from the effects of another global meltdown.
Read More: http://www.econmatters.com/2011/09/roubini-and-soros-say-us-already-in.html