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

To: shades who wrote (83757)	7/17/2007 11:15:32 PM
From: bart13	Respond to of 110194

That is true, that is why you guys who have the time and resources need to illuminate those of us that do not. Doing the best I can, and thank goodness for many others doing the same. It's how I learned what I do know. Well some economist once said in the end we are all dead anyways right? no matter what gets settled or what minds get changed. But if we get immortality - we invalidate that economists quote dont we? "Economics exists to make astrology look respectable." -- John Kenneth Galbraith "The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists." -- Joan Robinson, Cambridge University And as far as immortality: "Any sufficiently advanced technology is indistinguishable from magic." -- Arthur C. Clarke is as far as I'll go <g> I admit the crux of my post hinges on chromatics correct relating of rothbards books. I instinctively DISTRUST the fed and other OFFICIALS, I don't have this instinctive mistrust of a derivatives risk blogger talking about rothbard - but he could be very wrong. I looked at the whole area of data issues and data accuracy when I first started charting and then putting up my web site, and approach it via "innocent until proven guilty" and passing a "sniff test"... and it takes very little for me to establish guilt. The old "I'm from the government and here to help you" is way too old for me to buy into... and I'm not perfect and do get fooled too, as well as at least have a fighting chance of seeing when I blow it and go digging again. That's how I came up with the TIO stuff - I had a string of small losses in S&P shorts last year and started looking for what I was missing and was "hidden". That also addresses your 1935 silver purchase issue... and as a counterpoint you should both read that Armstrong book about the '20s and '30s for additional insight, and also note that silver could have been bought for .25 in 1932 and sold for .85 in 1935 (or .45 even during the war and over .80 in 1946). Or bought for .50 before WWI and sold for about 1.25 near Armistice Day. In other words, I don't have to prove anything - not only do I not accept the onus but you know as well as I do that trading examples like this proves little to nothing. Crooks and scum have existed since dirt... and profits go to those who know how to find and keep them. Soros also said it well: "Find the trend whose premise is false, and bet against it." And there's always one of my grandfather's sayings - If if was a skiff, we'd all take a ride.