Hello Ramsey, I believe Maurice is delusional, mistaking a quick looting of a burning house that is Q for a permanent move-in to a good neighborhood.
My bet on CHL and CHU has less to do with Q, but more to do with emerging this and Chinese math that. The companies in question could be using smoke signals to communicate for all I care ;0)
I am in fact thinking of adding more to my gold/gold share positions based on the same logic. Here is why …
(a) I believe we are at the beginnings of globalized equalization of cost, whereby many income levels will gravitate toward the pervasive global level;
(b) I believe Greensputin and Bernankaput are trying to reduce the dying anguish of the old order, by printing money, and in effect, unwittingly, expediting the birthing of the new order, also by printing money;
(c) I am sensing a 100 billion USD FDI investment flow into China over 24 months, resulting in new and pension-obligation free factories filled with energetic and obedient workers, ready blessed with global brand names and endowed with planet-wide distributions, that improves on existing capacities elsewhere in the world;
(d) I heard that Greensputin say manufacturing is not necessary, and I am curious whether he will be proven right;
(e) If Greensputin is wrong, as he is likely to be, because he has been wrong about so much for so long, then the world financial order as we have known it is over, and if so, then gold will rise, not directly because of traditional inflation, or musty archive deflation, or jewelry needs, or mining output shortfall, but because of chaos and mayhem.
Once again, do resources, believe in energy, trust gold, forget the everyday equity, drop the long-term bond, and swear off many types of soon to be worth less real estate.
The central core of thoughts that guide me is that 'the system in place is breaking up' and so 'we must try to step out of the way', by 'investing in non-traditional ways'.
Chugs, Jay |
