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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Nihontochicken who wrote (80600)6/24/2008 11:15:56 PM
From: TobagoJack  Read Replies (1) of 116555
 
<<So therefore The $USDollar is not rapidly becoming "dung" as are the Vietnamese dong (?) and Chinese renminbi, despite the 6%/yr rate of increase here in M2 and 16% in M3?>>

correct, a classic script, the race to the bottom, a competitive devaluation drama, involving sideshows and warm-ups of hoarding, scape-goating, legislative hearings theatre, and inexorable ramping of gold, not as useful mineral or pretty decoration, but as eternal store of elemental value (and yes, fortunately, at some point a 50% correction to shake out the unfaithful, before the parabolic leading to the asymptotic via the exponential)

towards monetary reset, first traversing the zimbabwe solution, then end up at the argentine outcome, the zero-state start-over point for the majority.

the reset will be a moment of revelation, when we can witness the umpteenth coming, and revel in bacchanalian style, but only if we happen to have managed to keep the faith

typical ingredients in the mess: early-bird special financial refugee-dom, revolution by all means, flight for freedom by those able at risk of severe harm , confiscation, redistribution, evaporation, money reset, ... dark interregnum between what was and what must be

also, control of gold trade Message 24699825

and,

punishment for betrayal Message 24700207 by the astute of the soon-to-be-doomed wastrels and innocent but ignorant tribes folks

an old and true script knowledgerush.com as democratically or dictatorially selected (makes little difference) for every time, and we are fortunate to be able to experience it first-hand and learn by paying

may we count our blessings ;0/

but, and oh, another detail, maybe a diversionary war or two, here by auto response Message 24700424 and there by intent Message 24699651 , and / or everywhere by accident

recommendations:
(i) whatever is destined to happen is already destined so

(ii) capital flight is easier done when early

(iii) hoarding is just inventory management

(iv) gold was destined good money, is a form of metaphysical as well as physical capital flight, will become ever more dear, until incorporation into reset prescription, but there isn't enough of it around in comparison to supposed size of global economy and scale of planetary activities, at least not at current valuation in terms of any paper promise by spendthrift politicians tolerated by wastrel neighbors

reminder recommendation: one word, hoardeverything, now, fast, hide deep, and keep quietly invisible amongst the crowds soon to gather at the village center, hammer and sickle in hands

hint, start by grabbing your unfair share of gold at basically dirt cheap 1981 nominal prices

engage and join up with the sure-to-win rebellion, and be positioned to inherit the empire

amen again :0)
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