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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (27189)	1/2/2008 12:06:18 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 217543

are they rated as 1,2,3 CB or is the order unimportant... #2 piques my curiosity.. The Black Swan

To: Ilaine who wrote (27189)	1/2/2008 12:44:30 AM
From: TobagoJack	Respond to of 217543

what did CAUSE the Great Depression? the puffed up boom before it that ramped all assets to absurd pricing? the leverage applied to such assets which was than used to buy less and pay more for such assets? or the length of skirt in NYC? or the gold standard (which, after all, is simply a standard, like hem length)? meaning, had there not been a gold standard, there would have been a depression in all cases where a boom was puffed up, and unsupportable leverage applied, as the GDP is measured against gold, the natural standard, regardless of whether the standard is officially recognized or not so, in many ways, last year was a depression, when the GDP is valued in terms of gold, and the stock market continued to collapse, ever since 2001, when measured against gold the natural standard requires no official recognition, thus the natural standard the standard works, as those who invested in gold did extraordinarily well against those who did not, in purchasing power and ability to fund new looting initiatives the folks who were speculating against the natural standard, and achieved the flimsy nominal and horrendous real loss of the equity market are dying financially, they just do not realize it. when they do, they would be shining shoes or working in walmarts, while the gold investors / savers lead fruitful and fulfilling lives. do not believe me, just trend out the excel spreadsheet on the trend of the past so many years, the GDP, real income, inflation, gold price, equity return, and whatever else, then know that the equity index speculator is dying and we are only getting started, not even warmed up

To: Ilaine who wrote (27189)	1/2/2008 7:52:02 AM
From: TobagoJack	Read Replies (3) \| Respond to of 217543

During the elapsed time between this post Message 24174816 in response to your apparent take that the gold standard had something, anything at all, to do with the Great Depression, and now, this instant, gold has gone up by kitco.com around 10 dollars (close enough for SI work) in other words, the world's GDP, as measured by gold may or may not have gone down, but all nation whose currency are pegged to the USD has just suffered a down slip of GDP as measured in gold but not in dollar, meaning a mini recession within a trend toward depression if we take your meaning of gold standard caused or had anything at all to do with the Depression, then we would have to figure that Zimbabwe is not in a Depression, and is in fact booming, even though its stores no longer have enough goods or bads for a CPI measure so, no, gold standard or not, the Depression was a Depression, and in fact, at the core, had nill to do with the standard of measure The fact that the money was tied to gold is of no consequence in the big picture, as we will learn going forward from now, as in the case of Zimbabwe, certainly in Depression but most definitely without a Gold Standard In 1929 era, the monetary regime imploded, along with the banking system, as a consequence of the Great Depression, not the other way around. The exact timing of events is a false logic, for we have dead banks walking today too. It is just math. The sort of economist who wrote those fairy tales are the same rot that has been in charge of policy for so many years, leading us to where we find ourselves, at the cusp of abyss that is the Depression, even though it has an inflation flavor to it. The IS is not changed by the measure, and that is why folks will continue to lose jobs, debt will implode their purchasing power, and they ought to instead accumulate gold, so as to secure their economic freedom, and not live the life of a debt serf. Gold is the STANDARD for money and requires no official recognition