To: pstuartb who wrote (241405 ) 3/18/2010 2:02:45 PM From: LTK007 Read Replies (1) | Respond to of 306849 Faber says this to stress the reality of UNCERTAINTY << Even Faber says the FED has the power to DELAY the inevitable for possibly up to 5 years.>> That they have no more bullets is true, but they still can lie, manipulate, and print and push up or maintain these levels through machiavellian deceit. People continue to refuse to realize the power to manipulate has grown exponentially with what are in fact SUPER MACHINES than can make virtually simultaneous many VARIABLE moves and actions at speeds many thousands of times faster than can the humans that create the programs, but create them very very very slowly.They think still in a "before the Monster Machines came into play. " Again, yes!!! they have no more bullets(so also i say, Yes!! i have no bananas:) but they still have a ruthless drive to deceive and maintain fantasy, and these monster machines are in their control. Timing is more than important to me as i already have moderately decent nest egg, so then at ag 69 why work myself into a fever of "certainty" and short the hell out the market now. That they have no more bullets argument has been going for a year---totally sound argument--- but it still doesn't matter, this the totality in which the world has created a fantasy The collapse, via an shocking exogenous event, could happen tonight but no one knows that--that is Black Swan. For me the ticker will tell me when i see what i need see--the ticker has been showing ABSOLUTE control by those that consider it VITAL the market keeps trending up. i do not invest, personally, on what i BELIEVE should happen, that is CRASH pronto--as that is NOTHING but my logic, but the market has no logic. For me the only inflationary reality that matters is the stockmarket, and i do NOT get into inflation/deflation wars--i see deflation/inflation as a RIPTIDE--it is dangerous dynamic. But the prime orientaion of the government is to INFLATE stockmarkets, and they will use every trick to present data that be presenting a carrot on the a stick to the vast majority for whom the ONLY reality is what the Government and the WS tell them. i will click that link after posting:) Faber continues to recommend buying gold. But he has warned repeatedly the Fiat Money Power rules the world, and orders to confiscate gold could become a global contagion--and he says over and over do NOT keep your Gold in the U.S. We do NOT need hyperinflation to crash the world. We do however have HYPERRINFLATION already, right now--it is the stock markets. i can NOT grasp people NOT calculating the stock markets as a hugely inflated element that has EXTREME IMPORTANCE. The stock market will signal when The Fed has lost its power. i have said it over and over we have entered a world that is utterly dependent on stock market inflation. People seem oblivious that the stockmarket is NOW hyperinflated. Hypernflation can be the hyperinflation of FANTASY and/or Animal Spirits(as Schiller calls them) Bottomlne, it is about a nation, us, that sold its soul to the stockmarket 25 years ago. 50% of the our population have bet there lives on it---in 1980, only 5%! of the nation had bet their lives on the stock market. IRAs 401ks t5hen becfame the ticket to paradise. If a hyperinflated market DEFLATES, huge deflation will follow---and we end up in a meaningless loop of what came first, the chicken or te egg. i will simply repeat i see inflation/deflation a dynamic, and it is in a DANGEROUS RIPTIDE right now, as the market is already hyperinflated but matters such of housing remain deflationary. i just get tired of the right or wrong debate here--i am not an idealog. Faber is right about the eventual end as Collapse, but he is also keenly aware of the dynaqmics of Deflation and Inflation going on simultaneously. Faber can't be put in a box:) nor i:) Max