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To: LLCF who wrote (398021)	12/2/2009 9:16:16 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 436258

"Got gold?", mostly, same as always ... Where ya been? <g>

To: LLCF who wrote (398021)	12/2/2009 9:22:46 PM
From: Box-By-The-Riviera™	6 Recommendations Read Replies (3) \| Respond to of 436258

well, first off, i say... nobody runs a country making hamburgers, except maybe the swiss, and they shot their wad over the last two year fiasco in addition to their carry loans to the eastern block. aside from ciby geigy and ski slopes in st. moritz and now banning moslem steeples in a country full of steeples.. plus their debt to gdp ratio, the swiss, perhaps for the first time since the union of helvetia, are in deep fricken chocolate. i think the services number is an absolute joke, and the more the bls highlights it, the worse things are. its non productive. it is an "industry" that paper shuffles, and nothing more. its a joke. currency destruction is a world wide endeavor. gold made record highs now in EVERY G7 currency. i need not say more. only a few "guyz" actually get all that, even fat assed 100 million guyz managing a billion. fuck them. that's my short answer. austrian economics wins, bullshit keynsian loses, and as it should be, given what a plagerist the lord was to begin with. you're good dude. your ensconced in a resource rich country, that should it ever quit copying the shit done here, would avoid a whole lot of trubbles. get rid of the GS guy at your central bank, would be a good start. and elect a truely canadian government. then, quit sending your citizens off to concentration camps because some asshole from the usa says so. J

To: LLCF who wrote (398021)	12/3/2009 3:55:08 AM
From: Box-By-The-Riviera™	2 Recommendations Read Replies (1) \| Respond to of 436258

i want to add, i think he's still in the deflation camp if one had to find a definition for it... as defined by saying "re-inflation" will fail. but not allowing the system to clear its mal investments on the one hand, and attempting to avoid the clearing by re-inflating in place of clearing... is of course bubble making...... but now at warp speed and on a planetary scale. as measured against gold, this has failed miserably over the last decade, and even more so now as we watch. In gold terms, their attempts have gone absolutely no where, and gold has outperformed virtually every market on the planet in real terms, and year after year after year, since it bottomed. Many people missed that, because the returns were slow in slow motion, but voila, look at the charts, the turtle is still winning. from diocletion to john law to the french assignats to weimar to zimbabwe, we know it will fail, and we know the flavor of the end game, if not yet the actual final color (though i suspect blood red will be as likely as any). i think we stag flate........... and if we're lucky, someone will come along and put a stop to the inflationary side of that coin, though with some agreement in hand, regarding currencies. and thereby, it is rubbish to talk about deflation or inflation as it has been discussed to death over the last decade. if we are unlucky, we'll inflate into hyper destruction of everything... all prices will become as meaningless as a Zimbabwe bank note with 100 Trillion Dollars printed across its face in nominal terms. in real terms, you already know the answer... anything that holds value better than a bank note from Zimbabwe.

To: LLCF who wrote (398021)	12/3/2009 4:45:09 AM
From: Box-By-The-Riviera™	2 Recommendations Read Replies (3) \| Respond to of 436258

I also do not think he anticipated per se, the full blown multi currency destruction we're seeing. hence, calls for the dollar to rally by all sorts of people got a superficial result while missing the actual result in the form of competitive devaluation.... which goes hand in hand with a devolution of the edifice that was created in cross border manufacturing and trade. which is to say: all currencies fall down but stay in relative harmony, hence no dollar rally to speak of. (subject to change of course). china of course is one big fish taking a super gamble waiting to raise their peg and risking they cannot get the koi fish back in the pond if things get out of hand. funny how resource rich australia has now raised rates each month now for three months. is there a paradigm therein? resource rich/manufacturing weak equals walk away from the central bank (as in Greenspan) dialectic of the last two decades?