Hello WF Godot, <<a controlled gold ascent?>>
... following on this early discussion
Message 16244385
<<August 22nd, 2001
Hi Joel, Well, in any case, USD is not going to rise, given that it has not risen despite all the problems more visible all around us. I think gold will rise relative to goods, services and fiat markers, and I believe gold is effectively still purchasable at cost.
I think creditor Japan holds the key to whether or not we have global depression (yes, there, I am now using that D word, and we will no doubt be haggling over the precise definition of the word shortly); and debtor/consumer America holds the key to "how deep, for how long".
On count of three, the keys may be turned to full-on position, and we will be learning New-age Economics up close, on a Washington Intern work-study program.
Get your cute outfit ready, and do not bother to mend those clumsy obstructive buttons.>>
... I am now scared, again.
I am struggling against so many unknowns leading to too many questions, shrouded to a lot of ambiguity, creating much danger and plenty of opportunities.
What do THEY want us to see? What do we think we see? What should we be seeing?
Perhaps much more importantly, what do we believe, as opposed to what we want to believe?
Do we reach for the Red pill or should we swallow the Blue tablet? Or do we simply exit via the apparent door at the end of the obvious hallway, then through the observable alleyway that leads to supposed safety?
Do we know what we are doing? Does it matter what we chose to do?
Looking back, we were spectacularly correct at the end of 2002, and deadly spot-on for 2003 that is now rapidly drawing to a close achamchen.com .
And now, amidst the confused cyber chatter, staring at cluttered rain of pixels on our monitor, and stunned by all the activities through our sniper scopes, a clear sign is detected Message 19503828
Do we move in for the kill? What is the NToeAwsBe achamchen.com ?
Should we be clever about it while navigating the vast and turgid financial sea or must we fall back on the tried and failed, analogous to “Operation Iron Hammer: Shock and Awe II” Message 19504277 , since Part I worked out so poorly, assuming the actual aim is long term security as opposed to short term petroleum gain.
Do we depend on an economic coalition that isn’t actually there and array our troops against recessionary stagflation foes, mirroring the uncertainty now apparent in Mesopotamia, with 100,000 fathers, mothers, brothers and sisters in various uniforms, arrayed in formation against enemies, imagined and real, actual and potential, that may number anywhere between 1 and 400 million, dressed as any ordinary non-descript resident of the Matrix, as related in the mystery drama of ”Who are Iraq's Guerrillas?” Message 19504280 .
Or do we cut and run, in our traditional stock market bubble end-game debacle.
In our bubble end-game, is there a corresponding maneuver to the real-politic world whereby we attempt the install an as yet unidentified ruthless ex-General to replace the ineffectual puppets accustomed to London’s Mayfair lifestyle? Can we short some proxy, sell some derivative, buy some indexed construct?
Have we already had enough exercise in the market mayhem, as one may be fed up with nation building? Do we want to sprint to the roof where the helicopter pad is? Do we simply go to cash, in all its flavors, or can we trust gold, that relic of the Aztecs?
Can another dozen basis points of discount rate decrease stop the stagflation that is borne of the few hundred basis points of discount rates that was burned at the stake? Ask the question another way, can a hundred some thousand fathers and mothers in uniform, traveling in air-conditioned Humvees pacify the desperate uproar of an ancient religion wanting to engage in Last Man Standing death match?
How many Humvees do we have?
The answer to all of the above must take account of this question achamchen.com <<The elapsed time of correction is dependent on the FED and the Administration - how hard will they fight the quick sand with stimulus that further mortgages the future and postpone market clearing?>>
In other words, is the FED out of ammunition in the way of discount rate cuts and money deluge, does the Treasury have any shoulder launched anti-aircraft missiles left in the manner of fiscal irresponsibility and debt-ly ‘wealth’, do J6P still have ample supply of rocket-propelled grenades in the form of economic security, financial freedom, and borrowing power?
Is it secure for us to fly our helicopter gunships in broad daylight over dense groves dotting the desert? Is it safe for us to engage in 105 Howitzer bombardments from aero platforms, and blow up every apparently empty warehouse? Is it harmless to machine gun every supposed chicken farmers who comes within view and blow away every mayor that gets in our way?
Will there be no TwoAPuc achamchen.com to our choice of actions? Will there be no reactions that can do harm to our portfolios?
How many Bulgarian moms, Japanese dads, Korean brothers and Italian sisters will want to bet with us on the direction of a financial market that is hoped up but may go down?
Is the world democratic? Do folks vote with their cash? Does economic gravity work?
Is the obvious that obscure, and the apparent not so? Is this script still good Message 15113604 <<January 3rd, 2001>> ? Or will the drama be still more dramatic?
Questions piled on top of queries, surrounded by issues, fogged in by uncertainties, and hidden in ambiguous finance-scape.
My mom had always taught me, ‘when coming to a fork in the road leading to different directions, take the path that leads to more options’.
So, what is your sense? Buy QQQ puts finance.yahoo.com ? Sell naked calls on DIA finance.yahoo.com , and/or short SMH finance.yahoo.com ?
Or are we as confused and paralyzed as THEY who are caught in the light and want us to see a different light?
Chugs, Jay |
