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.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Karen Lawrence who wrote (20069)	6/6/2003 9:46:17 AM
From: jlallen	Respond to of 89467

Take a pill and calm down, honey.... You can't handle the truth. Its obvious.

To: Karen Lawrence who wrote (20069)	6/6/2003 10:01:10 AM
From: Suma	Read Replies (3) \| Respond to of 89467

DITTO KAREN.. I live in NC in the summers and the radio is nothing but right wing conservative Clinton and Hillary hating talk show hosts. They would not or could not belive the truth if it were spoken from the heavens... Everything the Clintons' do or say is torn apart. It's laughable if it weren't so biased and sad. Everything BUSH( and company) does is so great. Never a dispute or question about motives. Yesterday it was... well we didn't find Saddam and we know he exists...and so we didn't find WMD and we know they exist. JALLEN is the same genre... He sees only one side of an issue, exempts himself from any other considerations by bashing the "sender". Hang in there. You are so right.....not to insult your politics....IMHO Suma

To: Karen Lawrence who wrote (20069)	6/6/2003 10:04:51 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

put the fool on IGNORE, wasting your time, breath, energy I have had that idiot on IGNORE for two months now I dont even know if he has been yacking at my back at least, with his current perspective of me, he has a good view of my best side: MY BACK and MY ASS / jim

To: Karen Lawrence who wrote (20069)	6/6/2003 11:23:51 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

"Inflation Is A Constant" by Ed Bugos (GoldenBar) an excellent discussion of what inflation really is, how we can measure it now, including CRB commodities, bond yields, gold prices, and stock PEratios this guy is growing on me monthly he has written some excellent articles, great teaching style gold-eagle.com * HIS CONCLUSIONS * Some important observations include: - The entire bull market in gold stocks was marked not by a period of rising inflation, which was a constant, but of rising inflation expectations (implied by rising bond yields 1947-1981), and currency debasement - There is a strong inverse relationship between gold share values and broad market values (even stronger relative to earnings multiples) - There is a strong positive correlation between bond and broad stock market values (or between bond yields and gold share values) - The long term trend in prices and currencies reveals Mises was right about a secular dollar devaluation interrupted by boom periods - usually manifesting in credit expansions - The cycles in yields and dollar devaluations or plateaus last anywhere from 15 to 40 years - they average about 25 years (the current one is 20 years old) - The gold share bull market began after the major market peak this time around, while it began six years ahead of the sixties peak last time - The only two periods since 1959 where deflation was actually a threat were 1968 and 1992 - in both years, gold corrected, as it should (and as opposed to some of the popular arguments today) If we used the seventies as a model for the most likely direction of the economy today - which I think is very appropriate - and assumed a similar devaluation in the dollar (and bull market in gold), the upside in gold shares is probably enormous. According to the extent of gains in the Barron's gold stock index back then, we could expect up to a 20-fold increase in the value of gold stocks on average over the next ten years or so. Maybe the AMEX Gold bugs index will go to 1000. I don't know. For now, we'd be happy with 225. I think much depends to what extent the Fed can fool people from perceiving the inflation for what it is - a constant. If you accept that equity valuations (as opposed to simply stock prices) have mostly peaked, and you reject the deflation model, the bulk of the evidence suggests that: - Gold stocks are on their way to higher ground (in their first wave so far) - The dollar will continue to devalue, and - The 20 year bond bull market is nearing an end / jim

To: Karen Lawrence who wrote (20069)	6/6/2003 11:52:22 AM
From: thames_sider	Read Replies (1) \| Respond to of 89467

Oh, superb. Don't be too sure about the bladder, either... quite apart from the cocaine aftereffects and the alcoholic brain damage, we are talking about a man who can't cope with a pretzel. You're probably right... poor jla, he'd vote for a fetid armadillo dropping if he was told it wasn't Clinton... actually, that might be an improvement on what he did vote for.

To: Karen Lawrence who wrote (20069)	6/6/2003 2:11:14 PM
From: jlallen	Read Replies (3) \| Respond to of 89467

THIS “BUSH LIED” THING JUST ISN’T GOING TO WORK Have you ever seen Democrats acting more desperate? The fought the tax cut because they knew it would boost the economy. That didn’t work. They fought the war because they knew that it would succeed and Iraq would be liberated. That didn’t work. Now Iraq is liberated. There are true strides being made toward peace between Israel and the “Palestinians.” The Dow just went past 9000 .. and is in its fourth straight “up” month. Not one single Democratic candidate is capturing any more than the hearts and minds of a few fanatics. Things aren’t looking good for 2004 … not if you’re a left-winger. Wait! Let’s try this! We haven’t found any WMDs in Iraq yet. Oh, we’ve found those mobile biological weapons labs. We discovered chemical weapon residue in the Euphrates … but we haven’t actually found the weapons! So, how about we say that Bush lied! Let’s say that George Bush knew there were no weapons but he said that there were weapons just so he could get us into a war! Oh, we’ll have to ignore the fact that the U.N. said those weapons existed, and that Britian, France, Germany and Russia also acknowledged that those weapons were there. We’ll also have to conveniently forget that our own Tom Daschle said “We do know that Iraq has weaponized thousands of gallons of anthrax and other deadly biological agents. We know that Iraq maintains stockpiles of some of the world’s deadliest chemical weapons.” We’ll also have to forget that our favorite Democrat, Bill Clinton, said “Some day, some way, I guarantee you, he’ll use the [chemical and biological] arsenel.” The Democrats know that they can count on the mainstream media NOT to remind the public about those statements from Democratic leaders … especially not now while these very same Democrats are trying to convince the American people that George Bush lied when he said the very same things. Well, hell. Nothing else has worked. Maybe this will. boortz.com