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

To: Canuck Dave who wrote (59829)	1/10/2010 5:08:16 PM
From: TobagoJack	2 Recommendations Respond to of 217840

hello dave, *<<You guys have been arguing about QCOM for how long?>>* ... we started nearly nine years ago, since february 26th, 2001 Message 15410107 <<QCOM is but one chair on the Titanic>> ... when qcom was at 30 and Maurice mq was foolish, and gold was at 270. qcom is now at 50, going back to 40 at the very least, and maurice mq is not just foolish, but tenaciously foolish, possibly to prove eventually fatally so in economic sense, and gold is at 1135, going to an interim high of 2000, in a way surely to allow many profitable excursions so that we can increase our absolute gold hold by trading some portion of our hoard. some kind of wonderful. one oz of au bought 9 of qcom in 2001, and now buys 22.7 of qcom, and so we reckon qcom fell against gold by 60%, while at the same time qcom income has gone nowhere when measured in gold terms. if that is not a balance sheet depression and an income statement stagnation, i then do not know what else to be waiting for per "collapse of 2001". funnily, maurice mq is still waiting for the collapse when we are in fact already done with four collapses (tmt tech, dollar, residential housing, banking) and now waiting for the fifth and sixth iterations in what should prove to be rapid succession. given that the size of the pie did not increase, and yet we of the gold brotherhood are relatively and absolutely better off than when in 2001. we must have gained at costs of a lot of somebodies (such as but not limited to cb ilaine and maurice mq), but having done so legally, astutely, with agility, unlike the fraudsters at the i.banks/banks and politicians everywhere that are supported by the likes of cb ilaine, bless her. the chinese banking system is a money moving function, but the banks elsewhere, following their american lead, is a large market player, maker, and architect of the game where we cannot quit. The american banking system is a privileged participant that is able to wager at no cost, and lose with no suffering. nice. *<<Why are you guys squabbling over it?>>* i am superstitious. when mq eventually but sincerely stops comparing qcom to gold, it may be time to short gold, or at least that portion held in certificate accounts, perhaps leaving then costless (cost basis reduced to zero via exit of certificate gold) physical to the next generation to do with as they please. in my own case, i figure the decision for what to do with physical gold in possession would need to be made at some juncture between 7-15 years from now, at the onset of teotwawki dawn. cheers, tj