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

To: carranza2 who wrote (63984)	5/30/2010 10:40:10 AM
From: Haim R. Branisteanu	3 Recommendations Respond to of 217753

For whatever reason I do not feel that gold is the store of value that everyone craves for - about 2 or 3 years ago I started asking the simple question "what is a store of value" today that is liquid movable and easily exchange into the confetti you need as means of exchange to buy things to live. To date I do not have a good answer. As to Hendry I was listening to him when appearing on CNBC Europe his logic is right and insights are good but it seems to me that he lacks proper execution. After all, the financial markets are driven by the big financial institutions, and every one acts like a herd. I still remember when pharma stock where in vogue due to the baby boomers getting old and in need of more healthcare - Oh well we are older now but big pharma is no show - but forgotten and mired in all kind of lawsuits. Similar situation with tech stocks not to mention DOT COM – remember INTC at $70? they manufacture more chips now than at the time the stock was $70 so where is the reward? Similar situation with agricultural commodities and Jimmy Rogers pushing the theme every time he was on CNBC – what happen now? Corn is below production costs – you think there are takers? I am trying to assemble for the last 2 months a group of investors through my connections at certain commercial banks – what I get in response – nice idea but thanks. My conclusion is that the markets are indeed rigged and only mass hysteria works otherwise I have no explanation for grown up people investing or buying a stock based on “eyeballs” statistics – I think that when buying a pair of socks people think and check the quality much more before buying, and this in constrast to buying stocks that are in vogue – so original good ideas are good for stories to friends with a cup of coffee in contrast of being "a fly on the wall" at one of the big WS firms board rooms when they discuss strategies of pillaging people's pensions and saving and how much they will leave on the table for all to enjoy <GGG> or better :'( ... :'(