Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (25696)	8/11/2007 10:46:47 AM
From: sea_urchin	Respond to of 81102

> liquidity historically is the grease of the wheels of stocks. Give the perma-bulls liquidity and guess where it goes. In the Weimar Republic as there currency went to zero their stock market went to infinity. wakeupfromyourslumber.com >>The Simple Truth For the past few days, the Fed has been trying to avoid a financial tail spin in the stock markets as the real estate market continues to crash. But, what really is going on? It's not just a failure in the real estate market. What we are witnessing is a systemic failure in our entire financial system. WHY? Quite simply - There's Not Enough Money on Earth to Satisfy all Outstanding Debts And there never will be. Because ours is a debt-based financial system PLUS interest. And interest is NEVER issued. It's only charged. As a result, the Fed must continually pump "new money" into the economy just to keep it solvent. Where does all that money go? Into real estate. Into stocks. Into bonds. Into all sorts of commodities. Into ANY legal instrument concocted - no matter how exotic - that promises to "yield" a profit. The trouble is - the more money they pump into the system, the higher the prices climb. The higher the prices climb, the more money needs to be pumped into the system to keep it running - and to keep its "value" afloat (long enough for the kingpins to bail out, taking the value with them). And so on and so forth until the whole system reveals itself for what it really is - a path to self-destruction. Americans will never rid themselves of this financial tyranny until they learn how to pinpoint the source of the malignancy - interest and speculation (aka, usury and gambling) - fueled by a private banking cartel. Those two practices have destroyed civilizations before us and they are destroying us now.<<

To: sea_urchin who wrote (25696)	8/11/2007 4:13:04 PM
From: Jamey	Read Replies (1) \| Respond to of 81102

"It is thus my argument that gold is not the best hedge, and certainly not the only hedge, against the devaluation/debasement of the paper money." I think all should be concerned, whether one is wealthy and stands to see his wealth dissappear overnight or senior citizens, like myself who have savings but have to depend on a set income. I cannot see that a savings account is the way to go since taxes and growing inflation will certainly leave your money in worse shape then when you began. I hold gold and silver in my bank and have a small concern of bank closings and sealed security boxes that can only be opened with an IRS agent standing next to me. I have thought about getting a 500 lb safe and guns I already have but then their is the small chance of a home invasion or a fire. I have some in gold and oil stocks but they also are monetized by FIAT money and perhaps they would be affected. In any case I see stocks as the biggest gamble to losing one's life savings. In any case, if you have another way that is guaranteed or at least has a large margin of safety I want to hear about it. I do not care to buy foreign money as I believe that will be affected also. If we have a crash, one will have to have some sort of quick moving plan but what? Jim