Hi Harry, I agree with you.
My logic does seem far fetched.
My math is questionable; but answerable with a Hewlett Packard financial calculator.
On everymen, given that there is no pervasive fear as yet, I naturally thought that the everyman investor is seeing something very different than the typical offshore investors who are closer to the entrance to the abyss. Some onshore investors who invests via offshore platforms, like Soros, Robertson seem to see matters more alarmingly.
I yelled fire back in December because I saw the smoke in November, and I knew it was not time for dinner yet. Call it a public service. I do not agree with Ms. Cohen and Mr. Applegate's approach ... i.e. "... I must look pretty stupid since March, but now is a time to buy again ...". It is not clear to me that these gurus will not be called to testify in front of the senators in the future. We know the script.
On the grandiose charge, you are again correct, else the thread is missing the extra 5% secret sauce. I will stop the dramatics now as I have already made my points, leaving the rest to time. I will now pay attention to the more important issue of how everyone on this thread intends to make money - favorite past time.
To close out the minor issue of security for private Philippines island, you again correctly point out that a private army is absolutely necessary. The troops, arms, fuel, and transport equipment (mostly home made banca boats) cost no more than a good alarm service contract and life insurance policy in HK, and can generate its own upkeep via dive shop and lodging operation or via pearl farming.
I only used the Philippines as an example. A oil reserve rich piece of farmland in the US will do even better, but requires a legal troop to defend one's right to development, costing somewhat more than the troops in the tropics.
All in good fun and not so serious. Chugs, Jay |
