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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carranza2 who wrote (97886)1/16/2013 5:52:27 PM
From: TobagoJack  Read Replies (3) of 219221
 
The boyz are discussing the technicals to pull an "Italian job" to engage w/ the 100 tons that may be w/i the facility. Boyz will be boyz, always for fun and challenge. Some would even go for 10+ years wagers.

Speaking of 10+ years wagers, am thinking that maybe

you collect the usd 1k from gps, buy some gold with it, and

whichever way the cccp goes, based on above advice my bet would be more than covered, as gold is the china play which also doubles as a hedge for all other china plays

as and when due, sell the gold and either turn over the usd 1000 + 1000 to gps, or turn over the usd 1000 to me

Even odder is that there are folks that believe end-point to end-point stock (presumably some select index) would 'outperform' gold over the next 10+ years. I like optimism, especially when such continue to be based in local currency term. I believe at one point Zimbabwe share market was higher by 900,000% (percent) over a decade, but alas, not against gold.

Wonder if the wagers considered the possibility that perhaps gold trading would be banned domestically and currency control could be full on de facto.

Between demographics, fiscal this, competitive devalue that, inflation of the east, deflation of the west, and eventual investor exhaustion, I am not optimistic about stocks n bonds, unless they are gold related stocks n gold loans.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext