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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (70923)	1/3/2009 9:40:17 AM
From: carranza2	Read Replies (1) \| Respond to of 74559

I am concerned that the widely expected 1Q rally will be cancelled. The latest manufacturing statistics are so bad that it seems likely that they will have a substantial and immediate impact on employment, and you know what that will do.

To: TobagoJack who wrote (70923)	1/4/2009 10:49:53 AM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 74559

It's impossible to have as much money as in Japan sloshing around without there being huge investment opportunities. Not to mention Virtuous Victorian Values [wallets don't get stolen in Japan, women can walk through parks without being attacked, people learn, they work, they save, they invest. < we of phoenix more than doubled our money by japan during the interregnum. > Starting at the peak, Tarken-san studied Japanese and was economically dependent on Japan nzsa.com, working at Livedoor. Property in Hakuba a couple of years ago was sorely tempting [before NZ$ crashed against yen]. Investing in Livedoor after the crash has been successful [on paper]. Similarly, there will be huge investment opportunities in USA over the next decade. Yes, the current share rally in the USA does look like thrashing around rather than a logical profit-based pursuit of assets. But NZ$ is not a safe-haven at US557 to NZ$1 - "anywhere but USA" is not a good strategy. One could have escaped to Iceland 6 months ago only to find a bear trap lying in wait. Yes, the USA is voting itself into Eurosclerosis, socialism, Mexicolism, Big Government and Bigger Wastrelism, but it still has plenty of redeeming features. Transferring USA taxpayer/citizen funds to you didn't seem like a good strategy - that was some of my money you got via your insurance payout. I have no idea why the USA wanted to transfer money from me to you, but they did. Globalstar went broke, but they didn't transfer money from you to me, but I didn't think to ask - perhaps if I'd begged, they would have been more generous with your money. There was a Globalstar-based payout in that Long Term Capital Management went belly up as a result of a leveraged bet by LTCM on Globalstar which tried using a Zenit rocket out of Kazakhstan to launch a dozen satellites. I thought it was great, swords to ploughshares [Globalstar satellites seemed much better to launch than MIRV ICBMs], but Borat had not done a review of Kazakstan at that time. The rocket was obviously made of duct tape or something, or they forgot to undo the mooring rope before launching. They blamed in on onboard computers but that might have been a sham like so much else. Mqurice

To: TobagoJack who wrote (70923)	1/7/2009 6:26:18 AM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

Gold Money Inflation in Egypt... Musa (Mansa) Mansa Kankan Musa[1] was the tenth mansa or emperor of the Mali Empire during its height in the 14th century. He ruled as mansa from 1312 to 1337. Musa is most noted for his 1324 hajj to Mecca and his role as a benefactor of Islamic scholarship. Musa depicted holding a gold nugget from a 1375 map of Africa and Europe. Birth Mansa Musa's birth date is not known. Oral histories recount he was the grandson of Mansa Abubakari I, Sundiata Keita's half-brother.[2] Musa's father was a prince named Faga Laye, who never attained the title of mansa. Hajj In the 14th year of his reign (1324), he set out on his famous pilgrimage to Mecca. It was this pilgrimage that awakened the world to the stupendous wealth of Mali. Traveling from his capital of Niani on the Upper Niger River to Walata (Oualâta, Mauritania) and on to Tuat (now in Algeria) before making his way to Cairo, Mansa Musa was accompanied by a caravan consisting of 60,000 men including a personal retinue of 12,000 slaves, all of whom were clad in brocade and Persian silk. He also brought with him 80 to 100 camels loaded with 300 pounds of gold each. The emperor rode on horseback and was directly preceded by 500 slaves, each of whom carried a four-pound staff of solid gold. Musa's lavish clothing and the exemplary behavior of his followers created a favorable impression among the peoples his caravans encountered. The Cairo that Mansa Musa visited was ruled over by one of the most powerful of the Mamluk sultans, Al-Malik an-Nasir. The emperor's noted civility not withstanding, the meeting between the two rulers might have ended in a serious diplomatic incident, for so absorbed was Mansa Musa in his religious observances that he was only with difficulty persuaded to pay a formal visit to the sultan. The historian al-'Umari, who visited Cairo 12 years after the emperor's visit,[3] found that the inhabitants of this city - with a population that approached one million residents - still spoke in reverential tones about Mansa Musa. So lavish was the emperor in his spending that he flooded the Cairo market with gold, thereby causing such a decline in its value that, over a decade later, the value of specie had still not fully recovered. [4] en.wikipedia.org P.S. During this period, there was an advanced level of urban living in the major centers of the Mali Empire, especially in comparison with the relative backwardness of much of Europe. Sergio Domian, an Italian art and architecture scholar, wrote the following about this period: "Thus was laid the foundation of an urban civilization. At the height of its power, Mali had at least 400 cities , and the interior of the Niger Delta was very densely populated." [5]