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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (48887)3/22/2002 1:32:18 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
but I can remain in the rational game until they break
provided margin is not employed
you can remain irrational as long as you can tolerate having no silver for coins, electronics, superconductors, film, development of film, filtration systems, healing solutions, etc

Tim, this market cannot physically remain irrational
dont you get it ???
an outbreak of widespread defaults and THE JIG IS UP
when private investors like me and you invest in silver, the game will fire up !!!

the breakpoint for silver may be much sooner than you think
last summer experts thought it would be early this year
deficits and empty reserves make a bad combo for shorts

as I said earlier, the game can continue for gold a long time
but for silver, a very different story

BECAUSE PAPER SILVER DONT CONDUCT ELECTRICITY
AND IT DONT DEVELOP FILM

let's watch and see if silver defaults make the news by endofyr
/ Jim



To: Sully- who wrote (48887)3/22/2002 2:49:22 PM
From: Jim Willie CB  Respond to of 65232
 
let's look at the conspiracy game differently
the mere mention of the word "conspiracy" inspires accusations of being a kook, talking to oneself, divorced from reality, un-American, etc

how about I produce a partial list of movements which some distant voices labeled as conspiracies when they were occurring, and we now know were indeed Ponzi games

- the dotcom IPO game and subsequent stocks rising 100-fold, despite lack of any profits

- LongTermCapMgmt and their Nobel models to hedge against everything breathing and produce annual 30% gains

- Enron and its stream of profits that nobody understood

- 1980's Savings & Loan buildup of bad debt

- 1999 telecom expansion of debt
- 1990's telecom and fiberoptic and networking expansion

- 17th century tulips

- removal of most silver from US coins in mid-1970's

- Soviet Union economic system, and its forced 1:1 ruble:dollar

- Presstek, Conseco, and Carlton Lutts' endless stock touts

- Cendant and its wonderful growth story

- Japan's export nation miracle dependent on debased currency

- Pebble Beach Golf Club real estate value in late 1980's

the better questions, Tim, seriously are:
1. WHAT CONSPIRACY IS HAPPENING UNDER YOUR NOSE RIGHT NOW ?

2. WHAT IS THE CONSEQUENCE TO THE ABANDONMENT OF 1972 BRETTON WOODS AGREEMENT ON CURRENCY/GOLD STANDARD, WHICH HAS LED TO UNPRECEDENTED VOLATILITY IN BOTH ECONOMIC AND FINANCIAL CIRCLES FOR 30 YEARS ?

3. WITH ALMOST 50% OF UNITED STATES FEDERAL DEBT HELD BY FOREIGNERS (NO PRECEDENT IN HISTORY), WHEN WILL THE DOLLAR SLIDE, HOW MUCH WILL IT SLIDE ? AND WHAT WILL THE EFFECT BE ON THE U.S. ECONOMY AND U.S. DOLLAR ?

4. WITH AN ANNUAL $400 BILLION TRADE DEFICIT FOR UNITED STATES BALANCE OF PAYMENTS (NO PRECEDENT IN HISTORY), AND THE UNDERSTANDING THAT OUR ECONOMIC GROWTH MEANS WIDER TRADE DEFICITS, HOW LONG BEFORE THE SYSTEM RETREATS ? AND WHAT WILL THE EFFECT BE ON THE U.S. ECONOMY AND U.S. DOLLAR ?

5. HOW LONG CAN PAPER SILVER SUPPLY SILVER CONSUMERS ?


the burden of proof lies on people who warn and ridicule concerned citizens who identify and elaborate upon the CONSPIRACY


how about answering the above 5 questions
then talk about conspiracy in that light
not upset, not angry, not even feeling belittled or attacked
just tired of the complacency you and others show
you expect the US economy to revive because "we are Americans"

but America has witnessed a rash of dishonesty, where responsibility has shifted away from individuals, where God is disinvited from public life, where deceit and theft are rampant unless caught, where many politicians are in lobbyists' pockets, where brokerage houses sell what they advise you to buy, where conflict of interest is widespread, and now where our Federal Reserve is encouraging you to continue the debt parade deeper into destruction

I dont buy it, I buy conspiracy, and hunt down the next one
the whole market is sniffing out the Next Enron
I think I know what it might be
do you?

what is the next conspiracy that blows up?
any idea?
are we all through with conspiracies?
is JPMorganChase the next blowup to occur? I think so

well I got news for you:
"our currency is flawed, our trade debt is a timebomb, our foreign held debt is a king's ransom, our household debts are a ball & chain, our entire system is in deep trouble mired in a sea of DEBT (public, private, international)...

and the gold/silver warning system has been dismantled without a peep of objection"

in a matter of time the warning system will become very valuable
it may someday soon become the safest money
ironically, I expect it to become most valuable soon after it becomes ILLEGAL to own
just like 25 years ago
money is by definition valuable and valued if it is scarce and precious
printed paper does not qualify
all thru the ages, wealth of nations has gone hand in hand with mining valuable minerals
that ancient trend cannot be repealed by govts

the USMint is out of silver, my man
what does that mean to you?
/ Jim