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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: pitbull_1_us who wrote (101460)2/18/2009 8:09:49 PM
From: LTK0071 Recommendation  Respond to of 110194
 
As said to Hawkmoon<<Keep in mind that the world economy has turned the page.>>An Rough Analogy:) Einstein really had but a handful of those that believed he was right--to the rest of his peers he was "O That Einstein, humbug", to the world at large he did not even exist.
That all changed in November of 1919 when Arthur Eddington's(one of the few that were convinced Einstein was right) photo results of the May 29,1919 Solar Eclipse were announced that revealed Einstein was just near right, he was precisely right.

A Determination of the Deflection of Light by the Sun's Gravitational Field, from Observations Made at the Total Eclipse of May 29, 1919
Journal of The Royal Society of London.November 1919


Not until then did Einstein SHOCK the world, and within months was the most famous man in the world.

Eddington had brought in the proof, it was a lightening bolt of a new reality for the world at large, but not until then

History had not turned the page until the proof was in.
************
i will state my full concurrence with you that indeed "Keep in mind that the world economy has turned the page."

Hawkmoon will be opposed to this premise until Reality comes Crushing down on him.

His world is that that exists in the rear view mirror.

We but await what we see coming.

He will remain convinced he is right(the backward view) and we the same, we will be convinced we are right (our forward view).

For me, this has NOTHING to do with what i desire to happen, that is utterly irrelevant, all i do is look to the economic footsteps as they proceed and to deduce where they are going via an intellectual exercise---like chess.

i like at this point to validate my objectivity by saying i own NO physical gold and will not, i feel this removes subjectivity from the equation. Max