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

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To: russwinter who wrote (83707)7/17/2007 5:48:21 PM
From: shades  Read Replies (1) of 110194
 
What you describe is not exactly what I'm seeing. I see Wildcat Finance types and Japanese housewives at trading terminals creating money (liabilities) to heaven,

chromatic dispersion says you can't CONTROL where this money flows - it might flow into gold - it might flow into new haircare products or houses - the intelligent investor will be in the asset it flows into - chromatic said this hyperinflation eventually busted the banks through exhaustion.

Only WORKERS made it through the crisis - if you didn't have a job or weren't productive you got crushed (like some fatass SI investors I know who have million dollar accounts but all they do is blow hot air)

Isn't this what some dream of Russ - non productive people that sit on their ass and don't add to the world get squashed and people out working hard and smart get rewarded?

They've been negligent about runaway dangerous credit creation by wildcat finance and Pig Men, but have not been "printing money" or monetizing.

So I will ask you again, if house prices are about to crash because the debt punch bowl is getting taken away, and gold is going to skyrocket cause every oprah wannabe wants some - would it not be prudent to heloc your house and buy all the gold you could? Where is all your wealth right now? Still in US treasuries?
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