Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (14224)	1/30/2002 7:41:47 AM
From: Box-By-The-Riviera™	Respond to of 74559

mighty fine. can't wait to read the final chapter. hope it doesn't take 17 years. <g>

To: TobagoJack who wrote (14224)	1/30/2002 8:21:00 AM
From: Ilaine	Read Replies (1) \| Respond to of 74559

Hi, Jay. You sure know how to have fun. As for me, I am sitting on a wooden bench, well-polished by countless flannel-clad behinds, while I listen to Keynes and various members of Parliament grill the Governor of the Bank of England (Norman) about "where did the money go?" circa 1931. (Macmillan Committee on Finance and Industry.) Norman hasn't yet admitted that the Bank of England deliberately deflated the money supply in order to maintain the prewar price of gold, but he may yet, and if he doesn't, he should, because he did. The Federal Reserve did it, too, as Milton Friedman and Anna Schwartz demonstrated a long time ago, but they didn't have access to the secret documents of the Bank of England, which were made available to the official biographer (do institutions have biographers?) of the Bank of England, Sayers, in 1976, that shows that Norman hid a lot of gold, 48 million English pounds worth, off the books in order to keep deflating, during the time that (1927-1928) Austrians say that money was too easy, because they look at interest rates, not money in circulation. Everyone knows that inflating the money supply makes prices go up. And everyone knew that during the Great Depression, prices were spiraling down, starting months before the stock market crash in 1929. But nobody seems to have understood that deflating the money supply makes prices go down, or that deflation can feed on itself. I am practically wetting myself with excitement.

To: TobagoJack who wrote (14224)	1/30/2002 10:13:28 AM
From: AC Flyer	Read Replies (2) \| Respond to of 74559

Jay: >>AC Flyer shouts down from his penthouse suite above, cigarette holder technology in place, impeccably groomed, the market always goes up after the fall.<< I am oddly flattered by this. My British education, with its heavy focus on punishment for failure, gave me a fair command of spoken and written English. People mistake this for wisdom or insight. It's sort of like mistaking someone who can draw a perfect freehand circle for an accomplished artist. Unfortunately in real life I am iconoclastic, often scruffy (though I clean up well on occasion) and usually sport a 48 hour stubble (laziness - not style). Oh, by the way, the recession is ending here - see my previous post. The American consumer is about to mosey merrily along to ever more impressive heights of indebtedness and consumption. This process shall continue 'til 2010 or so, when demographics will prove our undoing (via the Baby Bust Generation). Well I have a container arriving today from Shanghai, so shall be busy for a while. Regards, Mike

To: TobagoJack who wrote (14224)	1/30/2002 10:31:46 AM
From: pezz	Read Replies (1) \| Respond to of 74559

So far this morning more winners than losers in the first 1/2 hour. It's 7:00 AM and I am just starting breakfast. A can of sardines and some home made [ by me of course ] apple buckwheat pancakes. My apartment is a two bedroom dump for which I pay $1200 per month . The neigborhood is well, let me put it this way when I first moved in here two undercover cops came to my door trying to buy drugs..... <sigh>....Such is Santa Monica.. [ Edit damn sardine juice gettin all over me ] Just put in a bid for some more OPTK @ 2.85 on ARCA Checking out my apt ...Whata mess I never did get around to doing that laundry yesterday and it still sits in the middle of the living room floor, three computer screens light up the room several broken computers are setting in different corners. Fine set of oak stand alone shelving that I built a few months ago and never got around to putting on a finish are in the middle of the room, CNBC blares on the TV. In spite of my life style I'm happy doing what I do.... I see I just got about half of my order filled ...I dunno if that's good or bad...Oh well not too many shares either way. 7:30 and the NASDAQ is down 24 but I'm up 4 outa 6

To: TobagoJack who wrote (14224)	1/30/2002 11:11:03 AM
From: elmatador	Respond to of 74559

I am watching fascist dictator Vargas printing money to pay the coffee of the baron's and then dump it at the sea. Europe and the US after the Crash of 1929 no longer were buying the stuff.