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: getanewlife who wrote (34352)	5/25/2003 9:32:44 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Gf, <<current commercial's heavy short again, is it going to be "this time it is REALLY different" for the gold bulls?>> The bad news is, truth be told, I am flying blind, because I have never gone through an economic/monetary/fiscal time such as the one now. The worse news is THEY, as in commercials, fund managers, and the aggregate officialdom of the world, are also flying blind, because they have also never gone through an economic/monetary/fiscal time such as the one now. My only compass is that: - monetary expansion beyond productive needs leads to bubbles; - bubbles can manifest themselves in consumer prices, equities of one flavor or all flavors, bonds, real estate, commodities, collectibles, or tulips - those who get ahead of the money can get relatively better off, - those who get left behind the money can get the shaft, and - those who refuse to move will definitely lose. To some extent, gold and commodities had always done OK, real estate had usually done alright, bonds invariably poorly, and equities? they just disappear after awhile. Chugs, Jay