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


To: prosperous who wrote (41661)10/22/2008 6:52:48 PM
From: TobagoJack2 Recommendations  Read Replies (2) | Respond to of 220367
 
between

(a) terrifying inflation of everything we need and/or horrible deflation of everything we have

(b) chilling monetary inflation and/or tragic unemployment

(c) bankruptcy of the middle class now and/or forever

i hope the electorates choose wisely in november elections

oops, i forgot, them are not the choices offered, even though they are the only choices available, and

so we will likely have the combination of all of the above, x 10



To: prosperous who wrote (41661)10/22/2008 8:01:57 PM
From: TobagoJack  Read Replies (2) | Respond to of 220367
 
i note that gold lease rate is at 2.5%, 10x usual rate

the borrowed gold presumably are to be sold

i am glad that shorting gold is not illegal, as i appreciate the naturally impelled buyers when they must buy :0)

gold at 500 does should not bother us

i do not mind gold visiting, for a short while, to 500, just grin, bear it and then buy more, edging from 16% now to 100% later

possibilities, should gold visit 500, where will the dow/s&p500 be? the dollar? the other metals and energies? and what would be the counteractions from officialdom, and what would happen to all fiat money?

tips paying 5.5%, having always trailed and lagged cpi inflation, is itself not a good but not monetarily deflationary sign.

should tips yield more, what happens to mortgage rates and corporate borrowing rates, and what happens to asset values, especially the sort that generates no cash or worse, incurs negative cash?

i see gold going to 500 as a blessing, answer to salvation prayers, and the path to redemption, not to redeem, but to add much more gold.