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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 (83628)	7/15/2007 11:43:36 PM
From: shades	Read Replies (2) \| Respond to of 110194

Housing bust = I asked Grace how high president hillary would have to raise her taxes before she rioted in the streets against the coming bailout - I didn't get an answer - but I see a lot of people that would just accept a tax increase - that hedge fund guy I talked too last week - he had his grandfathers tax return from several decades ago mounted on the wall - the year before the IRS started witholding taxes from the paycheck. We got into a talk of the EMH and rational agents and I told him I don't understand these people that are so excited that the gubbment withheld too much money and now they are getting an IRS refund - which you and I know is a free loan to the gubbment - but he says he has even million dollar clients that still have TOO MUCH withheld intentionally because they are UNABLE to control their money and are thankful some gubbment man is doing it for them - sigh. They have turned all their freedom over eh? leveraged J6P = did you catch this weeks puplava? puplava said the last few weeks figures of margin debt and almost all other debt is shrinking and he is scared but that he is ready for a police state and rationing. So does that mean I can only buy 1 hooker a month instead of 8? I know this guy KNIGHTY TIN and he probably isn't gonna be happy like I aint either if they start rationing our hookers!!!! Ration everything else - but don't crush my sex life anymore than it already is!!! Financial weapons of mass destruction meets 'Mad Max' and 'The Terminator'? For gold to go to 10K overnight or even in less than a year would mean the end of civilization as we know it no? If 300K dilbert financial planners went boom tomorrow I could see that - but short of all the goldbugs mass murdering 300K or more people all over the globe - I dont see it happening - remember MAD MAX was right after a major nuclear war that engulfed the whole world - if that comes and gold goes to 10K an ounce - do you really give a damn how many shiny metals you got buried in the backyard? There will be more pressing issues I think. I'm just not smart enough to really know any end game other than a persistent devaluation of my dollar and life goes on with a new set of challenges and opportunities.. Well lets cut to the heart of it - are we going to have mass warfare all over the globe tnat destroys most civilized cities - general chen is dreaming about it and he thinks we are going to have a nostrodamus predicted holy war between muslims and christians right? Or between china and russia and the USA or whoever - his gold beliefs require mass warfare and chaos eh? Therefore based on those beliefs it probably makes sense to him to hoard shiny metal (but he really needs to hoard guns and MREs as they will be more useful in that world no?) Do you think you and I here in florida are going to be caught up in bombs going off downtown and gunfire everywhere and bullets smashing out our windows? Now I can find places like that on the southside of Miami - hehe - but I don't think where I am living now will be affected much over the next several years. So a slow central banker BIS controlled deflation of our dollar - how to best play it? The diehards people are diversifying their US centric portfolios and getting more international/global exposure. I just don't think Paulson or Bernake are the mad scientists that a GWB or Bin Laden is and will destroy mankind as we know it.. If some crazy guy sets off a suitcase nuke in a major city and kills millions - what will paulson or bernanke really be able to control - if that city happens to be the one you live in and you are vaporized - what do you care? Look at the david koresh and the oklahoma city bombings - they were home grown americans eh? What is your contigency plan if one of these guys decides he needs to blow up MIAMI because they made a bad episode of CSI and he didn't like david caruso's suit that episode? hehe Bernanke and Paulson want to keep the status quo - it is folks like general chen who hoard gold or muslims who hoard gold that need a real shakeup of the globe to rebalance the power no?