< They spent billions trying to accomplish ( weaken the YEN) that.>
Now you are revealing again one of your basic dogmatic assumptions: The CB's rule the financial world and whatever they set out to do is bound to work out in accordance with their intentions. Boy are you superficial. Soft landings, as I told you before, are not usually brought about by CB's as they raise interest rates to slow down an overheated economy. They usually overshoot, causing a recession. What Greenspan pulled off in 1994 was the exception, not the rule. Moreover, if the CB's are desperately trying to weaken the Yen, why are they not succeeding? That's a Question you are incapable of even asking because you bow down dogmatically at the altar of the CB's. Your final or culminating act of thinking always results in a reference to CB policy. The CB's can do no wrong! Whatever the CB's want the CB's get!
Your argument against gold is superficial and plastic. I can get all your arguments by turning on CNBC for a few hours. Your arguments against Gold are the most illogical and superficial I've ever heard in my life. One is that it is not good for the US economy. The other is your typical dogmatic CB statement quoting Greenspan that he will lease Gold in increasing quantities if the POG should rise substantially? I've responded to this shallow post of yours that you continue to spit out time and time again by having told you that Greenspan would only do this if Gold rose to $1,000 an ounce. My argument has always been that when the fundamentals move in Gold's favor, no CB, including Greenspan, will be able to prevent a rise in the POG. His jawboning of the Stock Market as "irrationally exuberant" when the Dow was at 6500 shows you how impotent he was to curtail stock market speculation. But your too narrow minded, rigid, dogmatic and totalitarian, like the Communist world you claim to despise so much, to see loopholes in your reasoning. As a thinker, your a joke, Ron. Your ruled by your emotions, your dogmatic presuppositions. Take a walk and learn how to think, Ron. Or, try surronding yourself with people who do know how to think. That obviously is impossible for you.
Why did your financial God, Greenspan, not be able to curtail irrational exuberance? Why are your divine CB's failing miserably to weaken the Yen? Who is buying the Yen with a passion?
And Finally, Ron, what is your real intention of posting on this thread? Are you on a divine mission to demonetarize Gold?
You can babble all you like, Ron, but your the loser here because it comes out loud and clear for the whole world to see that you only want to read what suits your dogmatic presuppositions. You only want to learn what doesn't challenge your uncritical totalitarian premises. That isn't what learning and thinking is all about. That's why I think your a farce and not a thinker.
Don't post to me anymore, Ron. Your arguments are stale, repetitive and totalitarian. Go bother someone else. Good night and good by. |
