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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (93609)1/31/2009 5:21:57 PM
From: koan  Read Replies (2) | Respond to of 116555
 
Hello John, always nice to hear from you and your creative mind.

Those were a lot of variables you threw at me-lol.

When ever I am facing a question with too many variables for me to figure out, I look for a way around the complexity.

E.G. say you want to know what diet will allow you to live the longest. Zillions of theories and an infinite number of variables to consider. Makes quantifying it pretty much impossible, with the exception of stuff that sticks out, like you cannot drink mercury-lol.

So one way around the above problem is to just simply see which people live the longest and eat like they do. It is the Japanese by the way. Seafood, vegetables and rice. Average woman lives to be 83.

I have never seen gold and the dollar go up together in the last 30 years. And I can see how bad the economic damage is and the fear is everywhere.

The dollar could plummet, who knows with all this wild stuff going on, so the last and safest place is physical gold and silver. So I figure lots of people are buying gold and silver and sticking it away.

The charts seem to be telling us gold and silver are moving up even as the deflationary depression deepens and wants to pull them down like a black hole-lol.

And people are not buying them out of worries of inflation, but rather out of just plain old fear of the unknown.

For the first time in our lives we have to wonder if some invading army (metaphore-lol) is about to invade us so the world is buying gold and silver.

Onepath and I have NGD wts (2012/2017), MTO wts, MFL wts, CSI wts, PNP wts, and I have a lot of USA silver at .14.

They control a lot of cour De Lene and as it is high grade ore, but also deep hard rock mining their stock sort of works like wts as the higher silver prices offer so much leverage to what they control.

Low base metal prices should hurt supplies of silver and the new green society will use a lot of silver as will people just buying 1,000 oz bars off comex.

Cheers, John