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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (83696)	7/17/2007 1:43:52 PM
From: shades	Read Replies (3) of 110194

Here's a little math for you, while treating your notion as a serious proposition. I am being serious Russ, when I see you and others truly commit their own personal assets in ways that maximize gold holdings only THEN will I believe that inflation expectations have a firm hold on the big money holders in this country and that hyperinflation is on its way. Until I see you or $mogul or even general chen borrow to the high heavens to buy gold - I don't really believe any of you have lost total faith in fiat money and have given total faith to HARD shiny metal. ANd as bernanke and others are signalling - it is EXPECTATIONS that drive markets no? If the money is being printed to high heaven but none of it is chasing shiny metal - I would be a fool to NOT follow the money eh? Does that really seem like a smart bet? BINGO Russ! Its not smart - alas - why no one with IQ has done it yet - alas why my arguement is correct that the hyperinflation just aint here yet because hyperinflation expectations aren't here yet. I can't take hyperinflation talk SERIOUSLY until I see you and others SERIOUSLY invest in such a way that truly EXPECTS hyperinflation just around the corner. You said it yourself - gold at 560 was enough for you - if other people with big money are not buying gold or taking on debt to buy gold - gold will not move. Its like Vosilla is saying with housing - people took on debt to buy it - alas housing goes up - some people caught that wave and got very rich very quick - when I see those same forces work on gold or any other asset - then I will think expectations are different. Lets say you know for CERTAIN that the helicopters of the global banks are about to drop 100 times the amount of money in current circulation - but you DONT KNOW where that money is going? You may HOPE it goes into gold - but you cant be certain - maybe it goes into iphones and gold doesn't move over 700 for the next 5 years - how can you know where billions of IRRATIONAL HUMAN BEINGS will put lots of HELICOPTER MONEY - general chen KNOWS it will be gold - but I don't know how he can know that - that is silly talk. Maybe MOZILLO comes out with a new sunless tanning pill and lots of that NEW MONEY goes into buying THAT instead of gold - how do you know? There are lots of people out there that want to look beautiful and will buy that tanning pill - they will NOT buy gold - no matter how many books about fiat france inflation general chen reads - it will not FORCE billions of IRRATIONAL HUMANS to send their FREE HELICOPTER MONEY where he wants it to go. General chen is trying to convince me if I own gold I can herd CATS - what foolishness! Hardly, but think it describes a lot of transactions and bets that people are making and we haven't even had a correction, let alone a real bear market. If I understand correctly - if the printing presses are zooming and the computers are just adding zeroes upon zeroes - why would the MARKET ever FALL? Phil says that is the trick - we just inflate to the high heavens and soon we will have dow 15K and dow 20K - I agree my prices are going way up on some things - but again until I see you and others leverage yourself to buy gold - I will not believe that any of you have TRULY adjusted your inflation expectations and really feel hyperinflation is just around the corner and are borrowing all the worthless confetti you can to buy shiny metal. Still the same arguement applies - if all the free helicopter money goes into iphones or pet rocks and not into stocks - they won't move either - hoover printed to the high heavens - no one took out any more loans - he could not CONTROL where the river of money flowed. It has been housing, but I see lots of silly people buying lots of silly things with lots of free money - take the Katrina people that were given free credit cards - they bought booze and hookers and strippers with YOUR TAX DOLLARS Russ - they did not buy gold. So here is the question you got to ask yourself if you really believe hyperinflation is on the way - where are all the stupid silly humans gonna send those clown confetti pieces? You are in zimbabwe or agentina Russ - you are CONVINCED money is printed to the high heavens - did the same assets in zimbabwe and argentina go up the same amounts at the same time? I dont have the data - but I would guess not - you have 2 different societies with 2 different groups of IRRATIONAL HUMANS that probably spent their HELICOPTER money in different ways - in zimbabwe I posted an article a year ago that HAIRDOS is where the MOST MONEY went - more than gold. WHy didn't those idiots read france fiat money inflation books - they should have bought gold with thier hyperinflated currency - not hairdo - stupid cats - why wont they let me herd them (sigh)

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