SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (12311)4/15/2009 2:31:14 PM
From: Hawkmoon  Read Replies (2) of 33421
 
I still like my yield.. and cash..

With what, or where, are you getting any decent yield if I may ask (sorry if you've discussed it before)?

If it's on debt against deflating collateral, Mish's forecast of a deflationary spiral is not particularly reassuring. If it's a dividend from a stock, then again Taleb's view that equities are complete gambling warns one against them.

Btw, the rest of that interview was interesting since I happened to agree with him that large and complex financial systems (cross-border.. etc) need to be streamlined and financial products simplified in order to avoid Black Swans and assist market based price discovery.

It was amusing, if not a bit scary, when he responded about regulatory measures being improved. He said regulation was crazy because regulators were morons.

Here.. let him explain himself in this article:

fooledbyrandomness.com

As for gold, what can one say? It's a shiny metal that is dug from the ground and refined.. It's a commodity that some people want to treat as a currency.

What generally happens to all commodities during a period of deflation and recession?

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext