Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (70016)	7/25/2008 4:27:46 AM
From: Maurice Winn	Read Replies (2) of 74559

It's tempting to sell some QCOM, but that would mean holding US$ which are being warped by financial relativity theory into a shrunken size as velocity accelerates to the speed of light as the event horizon approaches. As Zimbabwe shows, my $53 might shrink as Big Ben issues $500 billion notes which buy a loaf of bread. If not holding US$, what would I own instead and how secure would that ownership be in the face of eminent domain and kleptocracy on the rampage? Oil and equivalents will tumble back to the long run marginal cost of a bushel of energy. Gold price is just the cost of digging dirt and sieving it, which will get cheaper as oil gets cheaper [gold is made of oil, which makes the exploration and production machines and their fuel], adjusted for relativity theory of course. I could sell QCOM repatriate the funds and give it to Helen Clark to distribute to hordes of bludgers which she thinks makes NZ a better place, but if that's true, why are so many fleeing? Mqurice

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