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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (10396)	10/22/2006 8:36:24 PM
From: KyrosL	Read Replies (2) \| Respond to of 217879

Hi TJ. There will be no collapse of the global monetary system in our lifetimes and gold will not trade a lot more than (say, more than three times) its average extraction cost; gold will certainly never be considered money. There will be a US recession in 2007, and it may affect the world, but it will not collapse the system. I am positioned for imminent recession with most of my assets in cash and bonds, and few equities (the most substantial, VLO). I am sort the NASDAQ 100. I have sold all my energy positions, since I expect a US recession soon. I do have physical precious metals (gold and palladium), but they are less than 3% of my portfolio -- they are simply one of my inflation hedges.

To: TobagoJack who wrote (10396)	10/23/2006 8:16:52 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217879

<by your reckoning, when will teotwawki dawn be? use math, if you can; call on logic, if you are able> Depends on the exact definition of TeoTwawki, but I am planning the demise of all nationalistic, xenophobic, fiat currencies, even if they are very well-managed. "Well-managed" isn't possible because "well-managed" means diluted, robbed, swindled and kleptocratted by thieving electorates and politicians, who are the people who define "well-managed". The holders of said currencies are NOT the people managing the money and it is not being managed in their interests. They are the mark. Their job is to be the suckers. The dawn has already dawned. The die is cast. The scene is set. Already there has been huge dilution, swindling, confiscation and thieving, but it has largely been covered up by two huge factors. One is the burgeoning global economic boom, turbo-charged by 6 billion people and especially 1.3 billion in China and to some extent 1 billion in India. That means huge pixelation processes of newly-minted promissory notes can be produced with impunity. The other is the vast biotelecosmictechdot.com productivity boom which makes all previous booms, such as the industrial revolution, look trivial. This is nothing less than the reinvention of not just biology, but consciousness. This is bigger than everything since the first twisting of DNA into a self-fulfilling prophecy. No wonder the serf-running fiatists can keep the game going so well. But the very benefit of factor 2 that they have enjoyed is the means to their end, though they don't know it and think they are on a winner of a never-ending money-tree. It's morning in Qi-land. By the time they realize what's happening, it will be all over. Dawn has been TJ. I would say the first crack of dawn in the dead of night was in 1986 when QUALCOMM was born and Dr Irwin Jacobs decided not to just retire and play golf or something. The sky has been lightening through the 1990s and I suppose we could say sunrise was when cyberspace went mobile, powered by those amazing CDMA-phragmented photons. At present, they are jostling around in chaotic ways, not yet tamed into systematic psychic voltages. They are like a brain in epilepsy. A veritable netileptic fit. A quantifying mechanism is needed to tame the vast petatrillions of randomly flying bits, bytes and packets. I'm working on it. It's game over for the world as we know it. But I should be able to make it a largely peaceable transition, like China from Maoistic MADness to capitalism, rather than the USSR collapse into morass. If I succeed in the former, your g-ld will go down the gurgler in value [to a normal profitable production cost]. If the latter, gol- will have a brief resurgence. Mqurice