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 : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (2790)	10/16/2006 9:50:07 AM
From: crdesign	Respond to of 50179

The best trades are often either the ones you don’t make, or the ones you exercise great patience…before making. Thank you for making my point. Here's some pics of our trip to Gettysburg this weekend. pbase.com What I discovered is that it's not about the 52,000 deaths on the Battlefield. It's about apples and their distribution. What I learned is that CA imports a majority of its apples from China??? Which in turn forces WA Apples to the east coast of the US??? Maybe it's all about fuel comsumption and I'm not seeing the forest for the trees. PA Apples struggle to find a market. Ironically, PA Apples find themselves a market in WALMART.?.? WHODATHUNKIT?!?! According to my close friend, Alex, who's family owns and operates these PA farms the apple market is marginal at best. The world market of product distribution is a disturbing game of "Who's on First?" "I think the hardest workers will prevail LT over the high fliers." That quote will go 2000 ft over the head of most readers of this post. Tim

To: SliderOnTheBlack who wrote (2790)	10/16/2006 10:00:06 AM
From: SargeK	Read Replies (1) \| Respond to of 50179

Slider, I am responding to you not to re-engage in a new battle of SargeK vs Boiler Room (manipulators) like occurred several years ago. But, to present a view of present/future, price/risk perspectives against a background of fraudulent tax and welfare policies erected on a fiat depreciating currency (US$). Prospects of events that may unfold as the general public becomes increasingly more aware that their trust in government has been betrayed do not have a happy face. SOTB – >>>snip// it's not about having a "crystal ball" and making a call on the future...as much as it's about being able to determine "discrepancies between price & risk" -- in the present.//snip// so the transfer of all of those Trillions of Dollars of Social Security contributions over the coming decades can be channeled into the greedy hands of the Investment Bankers//snip // I do know a "discrepancy between price and risk" -- when I see one.<<< As I see it, the Trillions of future SS income taxes are already offset by SS expenditures on current and promised benefits. The ONLY MEANS of converting current SS deficits (created by Business Expensing of individual FICA income taxes) into positive cash flow is by changing the law (eliminating the deduction), raising the tax, reducing CURRENT and PROMISED benefits or a combination, thereof. An explanation of the current SS DEFICIT and reforms necessary to correct the situation may be found at debtism.com and related articles. Though the need for significant tax and welfare reform is urgent, I suggest it is highly unlikely until after the meltdown begins, because any serious discussions of reform WILL REVEAL the fraud that has been perpetuated over several decades. Many citizens still believe that the Government has been saving surplus Contributions (second income tax on wages) to fund “Baby-boom” retirement. As they learn that their savings have already been spent and that the so-called surplus is an accounting anomaly, they will become outraged and distrusting of political (government) commitments. No one knows when the full truth about SS will become common knowledge. When it does, the proverbial s..t will hit the fan. How the government, the Fed, the markets, foreign central banks, etc. will react to predictable public outrage is highly speculative from any perspective. Trust, once betrayed is damn difficult to reestablish. Dollar hegemony is already facing serious challenges, and only a small minority of Americans are aware of how much of US prosperity has been gained by exporting $100 dollar bills that cost 6 cents to produce to import valuable commodities that are becoming increasingly in short supply in the face of global demand. In retrospect, we probably should have let China SLEEP! FWIW SargeK

To: SliderOnTheBlack who wrote (2790)	10/16/2006 10:25:51 AM
From: maxncompany	Read Replies (1) \| Respond to of 50179

I appreciate your answer, but in your preoccupation with trying to paint everything to look bad for gold (or should I say "goldbugs", even though most gold metals and shares traders are not "bugs", just traders).............you basically sidestepped my question, saying you have no crystal ball. I recall the Greenman claiming he couldn't recognize a bubble until after the fact, though he knew full well there was a bubble and he was soon to intentionally create another bubble. So....to the point.......after having strongly stressed again and again the coming housing induced recession, you now claim not to be able to see the future. I suggest you are only saying that because to suggest otherwise gets in the way of last night's effort to slam goldbugs. Yes, I understand a trader being fluid and not fixed in thought..........but I simply can't let you get away with using that trading truism to just brush aside what you have so harped upon......the housing induced recession. The crowd (well OK, just us SI'ers) wants to hear you address specifically the housing induced recession, and what has changed, if anything, in your opinion of it.