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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (158420)10/19/2008 10:43:30 AM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
>Maybe it has escaped your attention that the United States Government, which already has an enormous debt and an enormous deficit, is in the process of creating over a trillion dollars in electronic entries that are officially designated as money.<

From thin air.



To: Tommaso who wrote (158420)10/19/2008 10:55:21 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Maybe it has escaped your attention that the United States Government, which already has an enormous debt and an enormous deficit, is in the process of creating over a trillion dollars in electronic entries that are officially designated as money."

Very true but I suggest a knowledge of TA to trade gold stocks.
They are very anticipatory and don't always go the way you think they will.

Two things drive them. Anticipation of inflation (late market cyclicals they are) and flight to quality in uncertain times. The later never seems to last long. The former is what you are looking for.

Gold stocks themselves tend to get flushed out in market sell offs. Even if physical holds up. Because they are stocks and because of the ensuing fear of a deflationary environment.

The best way to make money on them is trading short-intermediate term based on TA.

Good luck.



To: Tommaso who wrote (158420)10/19/2008 11:55:07 AM
From: Jim McMannisRespond to of 306849
 
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
3rd president of US (1743 - 1826)



To: Tommaso who wrote (158420)10/19/2008 2:07:40 PM
From: NOWRead Replies (2) | Respond to of 306849
 
and despite that gold stocks have been severely thrashed in precisely the environment they are supposed to shine. i asked a simple ? . why the smart ass reply?