Quick, do some coke and buy stocks…
If I bought every rumor of a Euro bailout fund or saving grace maneuver that was popularized in the last year and a half, I would be down something like 50% over the same time period.
You guys are so fucking gullible, it would be laughable if it wasn’t so sad. Somebody made off like a bandit today, because some first years who haven’t cut their teeth yet were hand delivered a hard lesson about journalism and news feed.
As a rule of thumb, unless you can verify the sources through at least three major outlets, then it’s not true.
Hell, sometimes even after verifying it through three major outlets, it still isn’t true. Which is why it’s good to use bipolar outlets, like Fox and CNN, or Fox and MSNBC, or Fox and … because sources that hate each other tend to only agree on the facts.
I’ll see you “blood buyers” at the receiving end of a volley of arrows, presently in transit and set to arrive first thing tomorrow morning.
P.S. Did you like how, like clockwork, Bernanke followed my first post with a speech that detailed the threats of inflation, and not the imminent need for more monetary stimulus? That speech, in my eyes, said one thing: input costs are issue number one of the Fed’s list of “Things that need addressing.”
If you’re still running on the QE3 dream, buying PM’s and commodities, guess who doesn’t have your back right now?
Plenty of time for monetary stimulus after you’re dead and gone…If you enjoy the content at iBankCoin, please follow us on Twitter