Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Nevada9999 who wrote (14484)	11/14/2008 12:20:54 AM
From: Don Earl	Read Replies (2) \| Respond to of 71412

I've run across less than well documented items suggesting leased gold is long gone and part of keeping the price down is to prevent discovery of the fact. How credible those write ups are, I don't know, but there wouldn't be anything to stop those who sold their leased gold from going into the physical market to cover their shorts, and return it to the government at a profit. RE: "Just kidding (I think)." Yes, well, that's kind of the nature of paper money anyhow. There really isn't anything about it that could truly be taken seriously in the first place. Governments have played the paper money game for so long they've started believing their own lies. If you buy into the paper money scam, one tree is worth billions of dollars. If you get right down to it, counterfeiting is a private venture to sell trees at the same price as governments do. Sanctioned trading in various paper instruments is basically a legalized version of counterfeiting. And, as is the case now, eventually folks realize those paper instruments aren't worth anything and have made paper money equally worthless. In the late 90s, I watched YHOO go from $18 per share to a split adjusted $3000 per share. A few years ago, I watched a parcel of land go from $60K to $300K in a similar period of time. I didn't buy that particular parcel, and I sold YHOO way too early, but you get the idea. Unfortunately, everyone knows that with those kind of bubbles, the last person to leave the table gets stuck washing the dishes. The perfect bubble is one that doesn't pop. The government can't step in to make stocks or real estate or credit securities worth more than the market will pay for them, but governments have a long history of stockpiling gold to the point of being able to fix the price. So, if the world governments are dead set on covering investment losses for the "too big to fail" crowd, the simple solution is to cut the losers in on a piece of the action. Make them agents to go into the physical market to load up on the pretty metal, then let them trade it in for enough paper money to cover their losses. And in the mean time, everyone gets excited to see something going up in price, and slips in to get enough to cover their own loses. When the bubble gets to the perfect size to balance everything out, lock it in at that level so it can't explode. Everyone gets fed, and no one gets stuck washing the dishes.