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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (274144)9/8/2010 3:12:14 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>I think we need to differentiate a handful of guys from banksters.
Maybe JPM has held down gold....doesn't matter....it's still way up.<<

JPM is the freaking godfather of these criminals! does the godfather want gold up or down?

>>I'm not interested in arguing about who is doing what. I spelled out some facts.<<

not all were facts - as highlighted here.

>>Inflation/deflation? doesn't even matter to them....they'll still make money IMO.<<

it matters to us. whether you are right or wrong about the future direction of the dollar and gold, the euphoria you feel wrt gold is very dangerous - just ask those holding internet stocks for 1000% gains in months (not a decade!) when the naz was 5k.

no, gold isn't in a bubble. is it deflation proof? more than stocks, but probably not in terms of dollars being destroyed at a high rate of speed.

1. taxes going up to pay on the book debts - deflationary.
2. taxes going up to pay off the book debts - deflationary.
3. wage arbitrage with slave labor - deflationary.
4. debt defaults - deflationary.
5. house value drop - deflationary.
6. stock market drop - deflationary.
7. national credit card debt - deflationary.
8. job losses - deflationary.
9. rising interest rates - deflationary.
10. national credit card proceeds given to banksters and held in reserves - little real effect, inflationary psychological effect?
11. loss of confidence in dollar - hyper-inflationary (and apparently the all powerful inflating fed has no power to deal with a loss of confidence)
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