- Search Crypto Craft
- gat commented Jan 2, 2014
Do something valued to earn a higher wage and a 9 to 5 employee can become a millionaire. Engineering fields, biochemistry, med flight nursing and other fields for examples. Or sales of various products/services can pay well over 100k a year. Such a ...
15 Billionaires Who Were Once Dirt Poor
- gat commented Jan 2, 2014
Spreadbetter: "The irony is that the American Dream, actually originating back in the 50's, represented the bare minimum, house, car, vacation, perfect 'nuclear' family. Now it's become so warped that many Americans are deluded into thinking they ...
15 Billionaires Who Were Once Dirt Poor
- gat commented Dec 30, 2013
The income gap is fueled by stock options. The wealth gap is fueled by stock prices. The Swiss 20x is an interesting idea but I think the better approach is one that has had limited use for decades. Income participation. Instead of a known salary ...
French Constitutional Court Approves 75% Tax On High Earners
- gat commented Dec 30, 2013
According to the Bit site there will never be more than 21 million of them. Divide by 300 million Americans + 350 million Europeans and how about China? Pretty ridiculous. Of course they could deflate by adding zeros to that. Bit coin is more like ...
There Are Now At Least 14 Digital Currencies Worth More Than $1
- gat commented Dec 26, 2013
Is this a reprint from the Onion? lol
Someone Stole At Least 11 Million Dogecoins — On Christmas
- gat commented Dec 26, 2013
Bitcoin is worse. It's a made up as fairy dust whereas the regular fiat currencies are at least backed up by the real values of assets in their nations. Also the productive output of its people is the real faith and credit of a nation.
A Trip Through The Bitcoin Mines
- gat commented Dec 24, 2013
Being curious I Googled excess bank reserve chart and fond this showing (if it works here) a 1.8 trillion increase since 2008. url
Is there no top to this market?
- gat commented Dec 24, 2013
Doesn't really take any Fed printing for stocks to rise - just sellers demanding more and buyers giving it. Might be they are trading back and forth with each other in a game of hot potato. Regardless the total value of stocks does not correlate ...
Is there no top to this market?
- gat commented Dec 18, 2013
So QE isn't providing growth and it has been bad policy since day 1. Anyway you look at it it has been a disaster to the point that one Fed member has apologized. There's more than one way to deal with this. How about raising the standards for ...
Taper or no taper, the Fed will never end QE: Marc Faber
- gat commented Dec 11, 2013
David Woo is a political whore. I don't know which is more absurd - gushing over the economy and the manufactured statistics or supporting the Bit Coin pet rock scam.
The US Is In Its Strongest Economic Position In 20 Years
- gat commented Dec 5, 2013
I checked Bit Coin exchange quotes yesterday. The BC to USD rate and the BC to EUR rate worked out to a EUR/USD of 137.36 while the Forex quote was about 1.50 lower. That was the GOX quotes. A spread of 1.50 would make for a good arb if you could ...
Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value
- gat commented Dec 4, 2013
So where does the fine money go? People get screwed by the banks but they don't get the money. It's like Bob screws Jim but then Bob pays the fine to Sam. Oh yeah, and it's not Bob's money at any point anyhow. So how could this possible encourage ...
Banks slapped with $2.3 billion fine for rate manipulation
- gat commented Nov 25, 2013
All of the Arab states are backward on equality and human rights. Do you not know Iran is also sponsoring Syria's terrorism? Do you not know the genesis of the various Islamic terrorist groups? (hint - Muslim Brotherhood) I don't know where you see ...
Iran agrees to curb nuclear activity at Geneva talks
- gat commented Nov 25, 2013
Even the Saudi's are against the deal because they know Iran's leaders are not only non-trustworthy but insane. The Arabs rejected Israel's offer returning 97% of the land taking it back to the indefensible 1947 borders. And they want peace? Every ...
Iran agrees to curb nuclear activity at Geneva talks
- gat commented Nov 25, 2013
If the Muslims lay down their arms there will be peace. If Israel lays down their arms there will be genocide. Without verification it is totally reckless. That is true no matter what nation since ethics has completely disappeared from leadership. ...
Iran agrees to curb nuclear activity at Geneva talks
- gat commented Nov 19, 2013
Well golly (Gomer Pyle voice) - who would have thunk it? I mean this administration is so open and honest. Must have been an isolated incident done by a lone wolf. Does anyone have as much faith in any government numbers now as you did a decade ago?
Census ‘faked’ 2012 election jobs report
- gat commented Nov 18, 2013
All of the QE has been a very bad investment with very little return. Unemployment remains high and most of the drop has been imaginary - part timers and those giving up. So they have built a false bubble in equities hoping the little people would ...
Fed's Plosser says does not favour lower jobless threshold with taper start
- gat commented Nov 12, 2013
Too big to fail was dealt with by merging those big banks for even bigger banks. hmmmm
Buba’s Weidmann: Banks have to be able to fail
- gat commented Nov 11, 2013
"...virtually impossible to manipulate...". Ha. "cuse me while I go roflmao.
If You Believe In Bitcoin, You Should Never Buy Anything In Bitcoin
- gat commented Nov 8, 2013
GatCoinss...GatCoins....get yur GatCoins right here...
Blodget: Bitcoin Is The Perfect Asset Bubble