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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%4:00 PM EST

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To: carranza2 who wrote (70208)1/7/2011 5:19:41 AM
From: Maurice Winn1 Recommendation  Read Replies (2) of 217868
 
Oh yes, that explains it: <You are arguing with the wrong guy > As Rosey says, it doesn't matter. But I was a little puzzled about your ideas which were not yours, which resolves the puzzle.

Meanwhile, I suppose I should start pondering the price of gold in US$ over the next couple of years to maintain my track record of amazing perspicacity. My subconscious must be thrashing away because I dreamed about a gold coin dated 1923 Shanghai with amazingly detailed relief artwork. Message 27068201

There are some guidelines already established such as Financial Relativity Theory having to deal with $10 trillion or $50 trillion of actual debts or political promises in the US$ realm. Not to mention the matter of 1.3 billion people in China continuing to work for low but increasing pay which goes a long way to overcome political lunacy suppressing creativity of the same 1.3 billion. The technological revolution continues apace and is accelerating.

There seems to be little enthusiasm other than in Islamic Jihad for grand geopolitical conquests of empire, or tribal megalomania. A few jihadists blowing up their shoes, undies, or even the odd A380 isn't going to amount to much.

Burning themselves with LPG in cars is interesting TV/YouTube but doesn't amount to much. At some stage they'll figure out that lpg bottles don't explode as seen on tv. The pressure relief valve gives way and they just send jet of flames roaring and even a burst one just makes a small bleve.

Sars, H5N1 and Swine Flu failed on take-off. There's plenty of oil. CO2 is not a problem. There are plenty of people looking for work so there are many willing hands for the work that needs doing. Mortgagees are grinding their way through their defunct mortgages, salvaging what they can. Pixelation processes aka quantitative easing are not totally out of hand. Congress is mumbling about trimming government profligacy.

A few bankrupt states defaulting on their pension promises to overpaid firemen and other "first responders" and legions of kleptocrats wanting to live in the manner to which they have become accustomed is not a bad thing. Same for the federal government. If they get laid off it won't matter and will make life easier for most people.

But the pixelation of new US$ is too tempting with judgment day able to still be pushed off for a while with some more dilution. So there is unlikely to be a denouement any time soon.

Mqurice
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