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

To: Box-By-The-Riviera™ who wrote (47343)	3/10/2009 10:46:22 PM
From: TobagoJack	Read Replies (1) \| Respond to of 220330

just received following e-mail from pal who means well, take my comments as you will and i challenge you, academically and in the spirit of finding truth and profitability (ie, pass this note along to your email gang) 1. the comments that your email gang and associated research notes which are sent around are all self-reinforcing. everybody drinks from the same kool-aid. doesnt mean you're right or wrong but there is little added value to keep reading the same thing. and the same thing today and for the past 2 yrs are "fiat money bad, gold good." 2. in nov 2008 and feb 2009, the risk appetite went to almost historical lows and were about 2 std dev from trend.. the worst was 3 std dev in depression. and in this horrible environment, gold only hit 1000, not even infl adj old highs of 2000/ounce 3. the real question is why is gold not above 2000 today and is in fact now moving below 900. this consistent px action over the past 2 yrs may indicate we are in range trade and not new secular highs. 4. i asked you the other day at what price pt would you consider yourself wrong? ie, when would you have a stopp loss? you dont have an answer and with no answer, little credibility other than that gold is a buy , buy, buy? no stop loss means no confidence as a money manager. we have all been wrong, many times in this mkt and its stop losses which have kept us alive to fight another day. my humble opinion suggests that this range trading is already telling us that gold is not going to make new highs until maybe and if the next stimulus plan III ever occur s. 5. one of my key questions is why is us$ rallying in the past 3 months, ie euro from 1.45 to 1.26 and heading for 1.18 when everyone knows usa is printing money faster than any other country? there are some viable answers that politically and economically, usa will exit this recession faster than europe, that there is continued repatriation back to usa ... food for thot. to which i responded so i think (i) the script of collapse is long, (ii) a long fuse has been lit on a very big bomb (iii) collapse is not an event, but a progression (iv) the bigger bang is still ahead of us (v) the more outrageous is still in our future (vi) we have already crossed over the event horizon (vii) to approach event singularity (viii) there is no need to dwell on fail-safe drop-dead gold exit until one has reached 100% allocation to gold (ix) one does not prudently go to 100% allocation to gold until one definitively see the red threads in the white of their otherwise tearing eyes (x) in the case of iceland, when would the bjornwhatever need to think about exit from gold trade? three months ago, now, or three years from now? assuming he was wise enough to have gone 100% allocation before the biblical moment? (xi) as to the usd rallying, i think it is alarmingly bad news, because, in the case of argentina once every 10 years, the govt declares bank holiday, forcefully convert foreign currency deposit to domestic money, and forcefully convert domestic currency deposit over a set limit into a forced loan to the government, and then, astutely, adds a proverbiall zero to all monies, achieving a zero-state monetary reset in the case of usa and its global reserve currency usd, folks are willingly marching towards the dollar, happily accepting negative interest rate on deposit, enthusiastically participating in a de facto forced loan program the next sorry chapter i believe we do not need to guess, zero-state monetary reset, by crook or hook, bonafide or de facto, willy by the nilly, by and by. for that is how fiat money inflation ends, much tears, until sorrow is genuine and wish for redemption real. besides, i do not just advise gold. i also pound the table on platinum :0) should the usa escape depression this round by fiat postponement, the next episode will be that much more powerful, then against a substantially stagflation weakened population. that is the script which guided me so far, and so far, so bad.

To: Box-By-The-Riviera™ who wrote (47343)	3/10/2009 10:52:01 PM
From: TobagoJack	Respond to of 220330

again, just in, thick and fast, an improvement for it no longer is shock and awe, just numb Hi, Selling our car and wondering if anyone would be interested, or if you could know of anyone who may be interested. Not the best of times right now I know... hmmm Attached are details of the vehicle. Appreciate the help! Thanks! Karin BMW 523IA First registration: Feb 2007 Low mileage: 13000km 1 previous owner Excellent condition with no accidents 2497cc, sunroof, parking sensors, leather seats, automatic transmission, extra set of floor mats included Distributor serviced (BMW) throughout with last vehicle checkup done in Feb 2009 without problems Smooth comfortable ride with excellent handling Great for families, safe and reliable without sacrificing performance Asking [hkd] $365k negotiable Contact: Melvyn xxxx xxxx or Karin xxxx xxxx