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 : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (258170)7/2/2010 11:36:28 AM
From: DebtBombRead Replies (1) of 306849
 
Yeah, faber is wishy-washy short term....longer term dead on, IMO.
Even Jimmy says that he himself is the worst market timer....me too. ;-)
LOL.
But, let's stop pretending....we're going into the greatest depression and Europe is far worse off....so the euro is probably toast and the eurozone break apart.
That means deflationary depression for us. It's been like a 1930 sucker rally.
Then....after the PIIGS and the euro are toast....smart money will move in there and buy everything up on the cheap....that's when the dollar gets it, IMO.
So....we have both....deflation first....then inflation, IMHO.
The trick is to beat them at their own game.
How has one beat them at their own game over the last 10 years?
Gold is up about 500% since then, and the Dow is down about 80% in gold.
Why do you think they bash gold?
Why do you think they call gold a bubble?
Why do you think only crazy bears own gold?
IMHO, gold is the only thing that's going to save our sorry azzes.
No one even owns gold yet.
I buy gold and hedge with shorts.
Fiat currencies are failing. This debt can never be paid off.
10 months of stock market gains have now been wiped out....the sheeple have been maddof'ed IMO.
Now the Dow is where it was March 1999.
The first few months of this year....the snake-oil salesman screamed....the individual will come back in the market....and they did in April....then the crooks pulled the plug on them.
It's criminal, IMO. But, it is what it is.
I'll take the gold.
Let the currencies collapse.
;-)
Notice how the bull clowns are gone. They stopped coming here taunting folks. I don't even see how they can have any money left. Maybe they don't and maybe that's why SI is like a graveyard.
I can tell you one thing as baby boomer....they aren't taking me down with their titanic and getting my money.
I'm constantly preparing. Prepare for the worst and hope for the best.
As long as wall street is more important than main street....we're going under, IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News