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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST

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To: freechina who wrote (1639)10/26/2005 3:54:19 PM
From: Maurice Winn  Read Replies (1) of 218131
 
<I like how in one of your recent posts you say you LOVE monetary policies General and the robbing of the little guy - so much for being altruistic - the silver tongued dragon is exposed! HAR HAR MATEY! hehe>

My understanding of TJ is that he enjoys whatever is happening, so, when he sees Big Ben loading his monetary machine gun, it's time for more fun, more Death Match, more looting. It's not that everyone can't see what's happening. It's not real looting. It's protecting oneself as best one can and finding the best return on investment.

Speculators are noble people. They carry the risk and buy as buyer of last resort from people desperate to sell. If the speculators are not bravely fronting up to buy when all around are crying woe, or selling when excited people are clamouring to buy, then prices would go down and up even more, causing economic dislocation as sellers go bankrupt and buyers lose their shirt by paying even more.

Good post and much food for thought. Thanks Franklee.

Mqurice
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