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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (58457)4/17/2006 12:40:54 PM
From: Square_Dealings  Read Replies (1) | Respond to of 110194
 
cash is trash

dollars that is

m



To: russwinter who wrote (58457)4/17/2006 2:44:20 PM
From: Wyätt Gwyön  Read Replies (3) | Respond to of 110194
 
it's interesting that Greenspan and the other idiots running our national monetary policy consider commodities to be in a Nasdaq-style bubble now. but as the recently released proceedings of 2000 show, they didn't consider the Nasdaq a bubble then. basically, they are just clowns like the people on CNBS and do not look at markets objectively. in other words, they project their own hopes and wishes onto the markets and do not simply receive the signals given by the real world. it is like somebody who refuses to use an umbrella because he doesn't like rainy days.



To: russwinter who wrote (58457)4/17/2006 11:13:10 PM
From: basho  Read Replies (3) | Respond to of 110194
 
Post deregulation of the financial system and floating of the dollar in NZ in 1984-85, an astounding boom in pretty much everything ran on for a few years despite interest rates of 20% plus. Most were convinced NZ stood at the dawn of a new era and foreign capital poured in. In other words, psychology can be the primary driver in the short to medium term.

I suspect a somewhat similar phenomenon lies behind much of what appears inexplicable at the moment. The commodities boom is not in my view driven by a "flight to real things" based on fear or distrust of fiat money so much as strong (albeit very distorted) supply/demand fundamentals and a widespread boom mentality. Ditto with other asset classes. All fed, of course, by a terminally dysfunctional financial system. As was the case in NZ, a shift in perceptions -- however caused -- can turn these reflexive trends around in a flash.

If we are to see a crackup boom, it will in my view only come about as a result of official responses to the severe downturn likely to result from such a shift in perceptions. The real end game, in other words, has not IMHO even begun.



To: russwinter who wrote (58457)4/18/2006 2:50:37 AM
From: Nikole Wollerstein  Read Replies (1) | Respond to of 110194
 
Russ, you should start policing this site or it will be completely overran by Idi-ts
Look at Uncle :
I gave him peace of old shit:
"Uncle, the trouble goes much deeper we should have stayed out of WWII
First we it was a mistake to offend Japanese by cutting
their oil supplies and should have let them do in Asia whatever they want
to do .
and then we should have left to Hitler and Stalin to sort thing out in Europe. "
he ate it and said thank you.