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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Nihontochicken who wrote (11903)	9/23/2008 3:41:25 AM
From: NOW	Respond to of 50293

well the long run on that is without uncertainty. all currencies go to zero.

To: Nihontochicken who wrote (11903)	9/23/2008 6:14:13 AM
From: SliderOnTheBlack	7 Recommendations Read Replies (2) \| Respond to of 50293

NC re:[Intermediate to long term effect (I'm not interested in trading)... I don't care where the tennis ball is going, I'm interested in where the tectonic plate is headed"] re: I'm not interested in trading" Yeah right. SI is loaded with people who aren't interested in trading... they post thousands of hourly comments about the market, and stay glued to their E-Trade account, CNBC, and stock forums 24 x7 because they're NOT interested in trading... Puh-leeze. Funny how I didn't see ANY buy & holders thumpin' their chest and posting how long & strong they were a few days ago at $755 gold and HUI 255? The permabull gold bug boards were dead silent, and margin clerks were working overtime. Now, after gold & gold stocks have rebounded, you trot out that BS? Wrong board bucko. The HUI just fell from 518 to 255 -- cut in half. Tell me how many people would remain "buy and holders" from a DOW cut in half from 14,000 all the way down to 7,000? Or, a US Dollar cut in half from 120 to 60? ...then tell me your opinion of any buy & holders doing so, and trotting out an arguement for doing it? They're still might be some buy and holders walking around, but they're holding a helluva lot less now, than they were, and they weren't able to do much buying... nor were they able to take advantage of the incredible bargains of late, now were they? And as far as your "tectonic plate" shift is concerned? Would you know a "tectonic plate" shift if you saw it? Or, would/could you act on one -- if it was presented to you on a silver platter? You couldn't see it in that M2 chart I posted to you earlier? Permabulls didn't see it after the Fed was done cutting rates... after the global economies rolled into recession... after the US Dollar bottomed, after the Fed tightened money supply, or as the asset deflation meltdown ensued? And if you're a buy & holder -- why would you care? Why wouldn't you ride yet another rally off the cliff? Look in the mirror NC... And you will see the posterchild of Darwin's curse. Markets are dynamic. Buy and hold is static. Think about that for a minute... See any potential problems there? Gold is trading on the Fed's inflationary reactions to a deflationary asset collapse. Whether gold will go significantly higher, fall into yet another trading range, or roll over and die... will depend on whether that "inflationary reaction" works, or not... And there are indicators to watch to tell if it does, or if it does not. Buy why would that matter to a buy & holder such as yourself (rotflmao)? S.O.T.B. PS: I think I'm now lowering my 90/10 figure to 95/5 when it applies to the gold sector.