Elmat, I agree with your clear logic 100%.
The issue is precisely, as BurnAndKaput stated, the excess savings, surplus capital, having not a whole lot of places to go, right now, and the more they print, the less avenues, fewer approaches, and so more speculation.
What money survives will be herded toward gold, imo, as it always had, repeatedly, since the dawn of time, and so I want to position the machine gun nests, prepare the mine fields, to set the Arena of Last Money Standing.
The kill, I believe, will be spectacular, and more complete than ever; ratatatatata, kaboom, ratatatata, boom ...
I will likely cry when it all happens, even as the munitions are unloaded into the escaping multitude, and I will do so because they could have spared themselves the pain, ignored Maurice, held the gold totem high, and marched into the promised land in time for redemption.
Salvation would have been so easy, just slightly harder than to instead regret what certainly will be.
To witness, Maurice sees what is happening to his QCOM that is stuck in neutral, his USD watered down, his NZD being done in, and house waiting to be razed, and yet, strangely, he does nothing at all about it all, all because the house is still going up in a depreciating currency. Whoa! What a concept of 'going with the crowd' !?
He thinks he will invest in a telecom business, even as he uses Skype and dreams of more constructively destructive innovations to surely come.
But then this is how Greek tragedies work out, and how events go biblical.
Chugs, J |
