SI
SI
discoversearch

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


To: Lizzie Tudor who wrote (81292)4/29/2007 12:20:05 PM
From: pogohere  Read Replies (2) | Respond to of 110194
 
Gold just isn't worth anything unless we go back to the gold standard. Its not limited like real estate, it has no uses in industry that require a meaningful volume, nothing.

I love it when you post these thoughts. Please don't stop. Your disinformation specialist check is in the mail. Denominated in US$.



To: Lizzie Tudor who wrote (81292)4/29/2007 6:00:35 PM
From: TobagoJack  Respond to of 110194
 
<<Why do you prefer gold to real estate? Both are inflation hedges>> ... I do both. I am an equal opportunity hedger.

worldmarket.blogspot.com
"Cash 40.36% (CAD, AUD, Euro USD)

Metal 19.29%(physical and paper = highest watermark point ever)
Bonds 1.79%
Real Estate 25.91%
Equity 12.65% (67% energy, 11% uranium mining, 6% gold & platinum, 30% currency etf, 14% short)"


... and when able, I combine the plays, like so

Message 23266465
Message 23333311

... which will blessedly close today.

I have faith in inflation. I love it.

On Bush, no arguments from me. I believe he is very good ... for America's strategic competitors, and that he simply exposed America's tendency towards theocracy, due to increasing and now 1% too many folks who may or may not be well trained but certainly not well educated, thus allowing a panel of few judges to decide on which spendthrift rules, a process that is arguably less democratic than the schema in hong kong, place of #1 economic freedom in the universe and locale of #1 wealth in the galaxy, where approximately 800 folks decide on who the Chief Decider would be.

As to <<Yeah- in the 90s the former eastern bloc was dumping their huge stockpiles of gold on the market which means it was artificially depressed>> ...

take a deep in-take of mind-clearing fresh air, think, why wer the eastern block the eastern block if they had huge stockpiles of gold?

answer, they were, and didn't.

the western block, led by ex-empire britain, sold, and they sold because they were going bankrupt, forced to sell, as the imf is discussing new sales, because that is what spendthrift bankrupting nations must do, let go of their gold.

the important truth to remember is that each and every ounce of gold sold was indubitably bought by someone, and that someone most assuredly has surplus savings and spare capital.

now, as the usd, dow, s&p500, russell200, etc collapses against gold, the true measure of worth, america is going on sale, get ready for the blue light special on aisle #2, and don't forget to grab a bag of chips on the way out, as the usa elites are doing.

ask yourself, why are the hedge funds and private equity folks leveraging up america, looting the corporate treasuries via privatized dividend distributions, delaying investigations by way of lobbying a muddled congress, and quickly siponing assets via hollowing out of manufacturing or relocating corporate headquarters (ibm global procurement to shenzhen, halliburton to dubai, microsoft r&d to ireland, etc ao on and so forth ad infinitum ad nauseam)?

Chugs, J