Jessi, with futures you have to mark to market every day.
This means that you put up a small percentage of the total value of the futures contract (in case of silver 5000 oz).
The percentage is only around 5% now. That is what I mean by highly leveraged. With securities you can either pay 100% or buy on margin which is limited to 50%.
May as well start with the premise that whatever we hear about the raid on bin Laden may as well be taken with a grain of salt. We’ll be told what they want us to hear.
I’m not giving my opinion, just saying that seems like a strange fact. If you’re under attack, and have a weapon, wouldn’t you pick it up? Unless maybe, you’re saying he wanted to appear unarmed so they would approach him and then he’d blow himself up. I dunno.
Bin Laden’s $1 Million ‘Fortress’ Lacks Luxuries of Wealth
May 5 (Bloomberg) — As U.S. officials tell it, Osama bin Laden was living in a $1 million mansion when he was killed this week, undermining his image as an ascetic warrior holed up in a cave near the Pakistan-Afghanistan border.
“Here is bin Laden, who has been calling for these attacks, living in this million-dollar-plus compound; living in an area that is far removed from the front; hiding behind women who were put in front of him as a shield,†said John Brennan, the top White House counterterrorism adviser, in a May 2 news conference. “I think it really just speaks to just how false his narrative has been over the years.â€
Yet the large compound in Abbottabad, outside of Islamabad, has none of the luxuries that a million-dollar-plus price tag brings to mind. A view of the three-story structure from outside shows unpainted walls streaked with black mold that commonly grows on bare concrete in Pakistani summers. Video of the interior featured rooms with basic, inexpensive furniture. More luxurious homes in Abbottabad are listed for less than $500,000.
“That terrorist’s lair was pretty tacky.”
I think I even spotted some recessed lighting.
*GACK!!!!*
That terrorist’s lair was pretty tacky.
barbed wire,
bare concrete,
corrugated steel,
I even thought I saw shag carpeting in there.
Someone was in serious need of a home makeover.
“Yet the large compound in Abbottabad, outside of Islamabad, has none of the luxuries that a million-dollar-plus price tag brings to mind.”
Could say the same about buying a $1MM one-bedroom apartment in Manhattan that doesn’t have a washer/dryer or second bathroom.
Well, don’t forget the “underwear bomber.”
Jessi, with futures you have to mark to market every day.
This means that you put up a small percentage of the total value of the futures contract (in case of silver 5000 oz).
The percentage is only around 5% now. That is what I mean by highly leveraged. With securities you can either pay 100% or buy on margin which is limited to 50%.
May as well start with the premise that whatever we hear about the raid on bin Laden may as well be taken with a grain of salt. We’ll be told what they want us to hear.
Jessica Lynch/Pat Tillman, anyone?
I’m not giving my opinion, just saying that seems like a strange fact. If you’re under attack, and have a weapon, wouldn’t you pick it up? Unless maybe, you’re saying he wanted to appear unarmed so they would approach him and then he’d blow himself up. I dunno.
Hooror Show Abbottabad
Bin Laden’s $1 Million ‘Fortress’ Lacks Luxuries of Wealth
May 5 (Bloomberg) — As U.S. officials tell it, Osama bin Laden was living in a $1 million mansion when he was killed this week, undermining his image as an ascetic warrior holed up in a cave near the Pakistan-Afghanistan border.
“Here is bin Laden, who has been calling for these attacks, living in this million-dollar-plus compound; living in an area that is far removed from the front; hiding behind women who were put in front of him as a shield,†said John Brennan, the top White House counterterrorism adviser, in a May 2 news conference. “I think it really just speaks to just how false his narrative has been over the years.â€
Yet the large compound in Abbottabad, outside of Islamabad, has none of the luxuries that a million-dollar-plus price tag brings to mind. A view of the three-story structure from outside shows unpainted walls streaked with black mold that commonly grows on bare concrete in Pakistani summers. Video of the interior featured rooms with basic, inexpensive furniture. More luxurious homes in Abbottabad are listed for less than $500,000.
denton…ther’d be neverending lawsuits as to where the trial could or could not be held.