SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Where to hide your money as the world banking system collaps

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marginmike who started this subject1/8/2001 12:46:37 AM
From: Yorikke   of 41
 
There are some interesting theories on the factors behind the events creating todays market.....and where it will go.
I have recently been reading a few of the Levy Institute papers.

Might I suggest the following:

Can the Expansion be Sustained? A Minskian View, LR Wray

levy.org

Drowning in Debt W Godley

levy.org

Hyman Minsky's Theory of Capitalist Development

levy.org

It Happened but Not Again : A Minskian Analysis of Japan's Lost Decade M Pigeon

levy.org

I recommend the first article to those of you with limited time; and for those heavy duty surfer dudes ridin the juice trades --try the last few pages for a really quick summary.

The interesting thing about Minsky is that he was 'right' about today's situation 10 years ago--at least in the sense that he described the factors that could lead to it. And where an economic situation like the one we face today might lead.

A better understanding of the forces at work can often help an investor more effectively defend personal wealth in times of market 'chaos'.

---------
With regard to gold, it appears that we have recently hit a short term top in various short term cycles, and the general agreement among many major followers is that long term cycle bottoms may occur into the spring of this year.

Of course given Al's love and defense of Goldilocks, cycle bottoms could be moved forward or backward quite a bit. The point is beware of purchasing gold right now. Do your DD and maybe even subscribe to a gold letter in order to get the 'skinny' from those who make a living at following gold.

regards,

Yorikke
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext