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


To: John Vosilla who wrote (83551)7/13/2007 3:02:38 AM
From: shades  Read Replies (1) | Respond to of 110194
 
Followers of Puplava got buried in many junior miners.

Puplava has some interesting guests sometimes, I really like his format too - but I have the same problem with him that I have with general chen. Putting all my wealth into shiny metal doesn't make the world a better place and if a time of chaos comes that causes gold to go to 10K an ounce - the social services and peace and order that surround us will be in such chaos civilization will break down - the link I provdided shows the ANARCHY that was in the streets in argentina in 1989 - a country that had a stable vibrant economy the previous 50 years. The gubbment put in all kinds of controls on the citizens and according to the video it worked eventually and stabilized the chaos. I was watching a video of an MIT PHD talking about telomere lengths and how the bush administration is giving him a hassle about life extension research because it is against "GOD" - he compared himself to galileo and said we can stop or greatly reduce the ageing process - but not without research - to me - putting power and wealth behind his research is a better use of my wealth than burying shiny metal in my backyard. Burying shiny metal in my backyard does not bring me the fountain of youth and make mine and your lives better Vosilla.

Many leveraged in overpriced RE getting hammered too.

True, I just saw where they are coming down on the guy who is facing foreclosure - but many made out like bandits - all in the timing. I didn't take out massive loans to buy appreciating real estate - was just diversified and got lucky to be in the right place at the right time because of diversification of wealth in various assets.

Funny on CNBC the talk today was no one wants to hold cash anymore.

You know philster is always picking on joey bag o doughnuts, I watched kudlow today - it was a pretty good program for once - he had a lot of dissenting voices - and joey bag o doughnuts was the top bear - amazing how some people can do a total 180. It makes my skin crawl, if joey bag o doughnuts is the same crook he used to be and phil is saying he still is - then being bearish is the worst thing for most investors right now and joey is just trying to fool them again to trick the most investors at the worst time.

cnbc.com

cnbc.com

Then after joey bag o doughnuts made my jaw drop with his BEAR analysis cindy sheehan came on and told Krudlow that she is gonna take nancy pelosi's job and stick bush's balls in the slammer and then a few minutes later Kramer was roasting bears on his BBQ - I shot milk out my nose I laughed so hard - Murdoch is gonna have to get real creative to make his new business channel give me the entertainment and laughs I got off CNBC today. Cramer went on to say suckers that buy companies like the blackstone group are buying at the highs - my jaw dropped again - cramer admitted he won't be getting invited to anymore parties - but I thought the chinese gubbment was just about to pump a lot of their reserves into the blackstone group - what the fugg?