SI
SI
discoversearch

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


To: TobagoJack who wrote (41046)10/10/2008 7:15:35 PM
From: Box-By-The-Riviera™12 Recommendations  Read Replies (3) | Respond to of 218085
 
i bought more shares in gold than i can count at the moment. today were five year lows in all of them.

i am patient. for when the money monster decides he is full, he will belch inflation and destruction of all things not gold.

i will wait and i will add now. the time is correct. the date is unknown. but it is far more foreseeable? why?

becuase all of the assholes are gathering in the same room with the wrong ideas, the worst politics, and ready to print print print, so only their replacements will take the blame after they are gone. which is most of them, very shortly. just like greenspan did to ben. there is NO difference.

i am also prepared for a bank and market holiday, so that when the reopen is declared, i will have been already correctly positioned, and i shall not be fucked like sks holders during the last round of surprises and machevellian evils.

i am not lorenzo of italien fame, nor am i his kinder predecessor, nor am i one who was pope as well.......

but the lessons were written..........and even at the top...these guys are servants to an higher order of things....which precludes leadership, but promises their willingness to hang on at any cost until they can find their own well equipped safe and retired havens.

i hope i have anticipated them.

and for same, will be more than substantially rewarded not only on the next round coming, but the many rounds still to come.

yes.. round two ended today.

round three/four is next.

i am sanguine tonite for the first time in many years.

and i must be.....because i'm trying to copy jay's bullshit way of writing stuff. geezus. you can only take so much of that chit man!!!

<g>



To: TobagoJack who wrote (41046)10/11/2008 2:33:15 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 218085
 
TJ, something is very wrong in our collective assumptions - it is my take that based on the huge amounts of paper money printed around the world but mostly in the US, and general world financial panic, gold should be at least over $1,500 - but it is not - it not even reached the price level after Bear Sterns collapse.

Since we had FNM, Lehman, AIG, WAMU, Fortis, Hypo RE, B&B and many more substantial financial institution ceasing to exist (including Commerce Bank and others on the brink) and the panic is world wide but the price of gold is below the spring peak.

It seems that there is no massive gold hoarding except that of gold bugs.

Further commodities are swooning in tandem - which bring up the speculation that the last 2 years of bullish move in commodities was also orchestrated by the hype of financial types and only relative weak pent-up physical demand

People do not and will not eat less and world population is not shrinking but grains, if corn or wheat are 40 to 60% below their summer prices same for soy beans which traded around $16 and now $9 matching the crude oil and stock market decline - to me the price correlation is very very strange – or it is my mistake still correlating the pricing of everything tradable in USD

After all, I do eat daily products made of corn, wheat, soy and meat – even orange juice and sugar - but not stocks <ggg> then why the correlation?

In this respect I only wonder how clueless most CNBC types and “mavens” are - beaming so much nonsense to the populace – their most recent idiotic strike is, the proud attitude toward the rising USD – they think it reflects soundness of the US economy when in fact it reflects a scramble to raise money to meet margin calls and a irrational stampede out of everything not US based.

It is obvious to me that the talking heads at CNBC are not put to same scrutiny as would be any other GE employee. I can only assume that if the head of a GE unit, or any other multinational corporation for that matter, will spew so much nonsense like the talking heads on CNBC he would be fired on the spot <GGG>